article thumbnail

From Compliance to Talent Management: The 15 Essential HR Responsibilities

AIHR

Strategic role: Strategic planning and business alignment 2. Growing the business: Workforce planning, recruitment, and selection responsibilities 4. Each category has its own set of HR responsibilities, but they are all crucial to the success of an organization.

article thumbnail

7 Human Resource Management Basics Every HR Professional Should Know

AIHR

Succession planning 5. As such, effective Human Resource Management is integral to any organization’s success and plays a role in the following: Attracting and retaining talent: The HR department creates a comprehensive talent strategy that helps the organization recruit, develop, and retain the right people. The 7 HR basics 1.

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

How HR Can Create a Comprehensive Talent Strategy

AIHR

Talent development and retention An Employee Benefits News study shows that the average cost of losing talent is 33% of a company’s annual revenue. Succession planning Succession planning is another important component of any talent strategy. While a certain number of exits are unavoidable, they can be limited.

article thumbnail

Core Competencies 101: Incorporating Across the Employee Lifecycle

AIHR

The superpowers of your organization’s workforce, core competencies encompass a combination of technical expertise, specialized skills, strategic abilities, and organizational knowledge that distinguish a company from its competitors. Why focus on core competencies in succession planning?

article thumbnail

How To Create the Ultimate Exit Survey (Plus Questions & Free Template)

AIHR

Help with succession planning: Another goal of an employee exit survey is to highlight skills gaps. With this knowledge, employers can work to bridge these gaps and improve succession planning. Where can you take action that will help to increase retention going forward? What are you doing well?

article thumbnail

Your Ultimate Employee Commitment Survey Guide [Plus Example Questions]

AIHR

This can give your organization valuable insight into retention, which is just one of the reasons why you should regularly conduct employee commitment surveys. This can help with succession planning. Boost retention : Commitment and retention are linked. How do you measure employee commitment?

Scaling 84
article thumbnail

9 HR Steps to Create an Impactful Employee Development Plan

AIHR

An engaged workforce often equates to higher productivity rates, increased profitability and employee retention. L&D and DEI specialists within the organization should work together to develop succession plans and leadership training programs. The biggest challenges in employee development planning.