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How to Handle Compensation During a Recession, from New Hires to Pay Raises

SHRM Organizational Development

An HR leader has a lot to navigate during these uncertain economic times including historically high merit increases, staffing levels, motivating performance and ensuring retention of key employees. Fears of a looming recession could have a positive or negative impact on compensation, so.

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Human Resources Director: Job Description, Skills & Salary

AIHR

Education In addition to a relevant Bachelor’s degree (HR, business management, organizational development, psychology), most employers prefer HR Director candidates to have a Master’s degree in Human Resources, Business Administration, or Labor Relations. Human Resources Director qualifications and experience 1.

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9 Best HR Courses for Beginners to Check Out Right Away

AIHR

Here’s our full list of HR certification courses: HR Generalist Sourcing & Recruitment Talent Management & Succession Planning People Analytics Organizational Development Digital HR 2.0 Compensation & Benefits Diversity, Equity, Inclusion & Belonging HR Manager HR Business Partner 2.0

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How to Become a Human Resources (HR) Manager: The Definitive Guide

AIHR

Employee development and training : HR managers actively assess training requirements, create and execute employee development initiatives, and provide resources for skills enhancement and career growth. 68,370 per year is from base pay, and $11,693 is through additional compensation such as cash bonuses and/or profit sharing.

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What Is Human Resources?

AIHR

As a function, HR covers the processes, practices, and strategies to attract, develop, and retain employees who contribute to the company’s overall success. Human Resources Management (HRM) is a systematic approach to managing the company’s workforce to help meet organizational goals.

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15 Job Titles for Human Resources: A Comprehensive HR Job List

AIHR

HR Specialist Job description An HR Specialist is someone who performs specific HR functions like recruitment, training and development, compensation and benefits, or employee relations. It is common for an HR Specialist to be involved in recruitment and employment, training and development, and employee relations.

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The Compehensive Dictionary of HR Terms To Know [In 2024]

AIHR

HR terms list Compensation & Benefits terms 1. HR term example: “Broadbanding offers flexibility in employee compensation and encourages people to develop new skills to move higher within the pay range.” ” Learn more Compensation and Benefits Digital HR terms 11. ” 2. ” 7. ” 10.