article thumbnail

Business succession planning: The complete guide

Walk Me

Business succession planning (BSP) is the best way for HR to ensure they retain the institutional knowledge and experience they have worked hard to accumulate in a business. However, effective business succession planning can benefit the culture, operations and finances of any enterprise.

article thumbnail

From Compliance to Talent Management: The 15 Essential HR Responsibilities

AIHR

Strategic role: Strategic planning and business alignment 2. Meeting compliance requirements: Legal, compliance, and administrative responsibilities 3. Growing the business: Workforce planning, recruitment, and selection responsibilities 4. This article offers a deep dive into HR’s responsibilities.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

23 Human Resources Director Interview Questions To Prepare For

AIHR

They shape an organization’s workforce, ensure compliance with employment laws, and foster a positive workplace culture. Discuss your approach, such as maintaining empathy and professionalism, ensuring compliance with employment laws, and offering support to the affected employee. Strategic questions 7.

article thumbnail

Director of People and Culture Job Description and Salary

AIHR

HR strategy and planning: Develop and execute HR strategies that support the overall business strategy. Employee engagement and well-being: implement initiatives to create a work environment that supports employees’ physical and mental wellbeing. The role is more administrative in nature.

article thumbnail

21 Highest-Paying HR Jobs in 2023

AIHR

Skills required to earn within the 75th percentile: Talent acquisition strategy: Develop and implement a comprehensive talent acquisition strategy aligned with the company’s business goals. Talent acquisition and development : Build a strong talent pipeline and implement effective learning and development programs.

article thumbnail

What Is a Training Matrix? (Plus 7 Steps To Using One) 

AIHR

Let’s unpack what exactly a training matrix is and how to develop and implement your results when conducting a training needs analysis. It aids in skill gap analysis , career development, compliance tracking, and efficient resource allocation. It’s also an excellent tool for succession planning and talent management.

article thumbnail

How Long Does It Take To Get An HR Certification? Your In-Depth Answer

AIHR

This includes areas like diversity and inclusion , compensation and benefits, digital literacy, data and analytics, talent management , performance management, legal compliance, and more. Design and implement an agile and project-based approach to HR. Interpret data to identify pay gaps and draft an action plan towards pay equity.