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7 Human Resource Management Basics Every HR Professional Should Know

AIHR

Contents What is Human Resource Management? What is a human resource? Succession planning 5. HR Information Systems 7. HR data and analytics How has Human Resource Management changed and evolved? Human Resource Management skills FAQ What is Human Resource Management?

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The 12 Key Functions of Human Resources

AIHR

According to Janice Burns, Chief People Officer at Degreed , while organizations must balance economic factors and prioritize based on value opportunities, investing in employees’ skills is essential for retention and, ultimately, retaining value for the organization. Human Resource Information Systems (HRIS) store employee data.

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What is HR Analytics? All You Need to Know to Get Started

AIHR

HR analytics, also referred to as people analytics or workforce analytics, involves gathering, analyzing, and reporting HR data. With the attrition drivers identified, Under Armour was able to make improvements to its employee retention efforts with enhanced people strategies , including incentives and rewards.

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

AIHR

Just like HR acronyms and abbreviations , knowing how to employ HR terms is an integral part of working in human resources. It’s a handy reference to refer to the next time you encounter an unfamiliar term. This article unpacks 93 HR terms, including a usage example for each. ” 7. ” 15. ” 16.

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HRIS 101: All You Need To Know in 2024

AIHR

Effective HR management without a Human Resources Information System (HRIS) is virtually impossible nowadays, at least for companies of a certain size. It offers a complete suite of HR applications to improve the employee experience and is focused on strategy and planning. Let’s dive in!

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Your A-Z Guide of HR Acronyms & Abbreviations

AIHR

BIK: Benefits In Kind Benefits In Kind (BIK) refer to any non-monetary compensation that employers provide to their employees. HR acronym usage example: “Examples of a BIK include healthcare benefits, meal vouchers, retirement plans, childcare assistance, and accommodation.” There is no limit on the amount of paid time off per year.

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