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Banking Industry Plans to Increase Hiring, Salaries in 2018

HR Daily Advisor

The labor market is tightening and turnover is increasing, but banks are planning to grow employment, according to data from the Crowe Horwath LLP 2017 Bank Compensation and Benefits Survey. The survey, which compiled data from 375 banks, also shows salary and bonus benchmarks for 263 job positions.

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People Analytics and HR-Tech Reading List

Littal Shemer

First published: May 14th, 2018. Truxillo (2018). Artificial Intelligence for HR: Use AI to Support and Develop a Successful Workforce Ben Eubanks (2018). Data and Text Analytics for Human Resources Eduardo Valencia (2018). “We Click titles for Kindle versions (Work in progress. Last update: October 10th, 2022.

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Upskilling and reskilling the workforce for an uncertain future

cipHR

Another survey, by compliance training company DeltaNet, found a 70% increase in searches related to career switching between 2021 and 2017 as workers reconsidered their career priorities during the pandemic. Skills analysis can feed into the company’s changing needs, show where the gaps are and aid succession planning, he adds.

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The Art of Building a Solid Human Capital Strategy

Paycor

You can also click through to our benchmarking quizzes to see where your company either falls short or is doing it right. According to Gallup’s 2017 “State of the American Workplace” report, only 33% of U.S. The most seasoned Boomers turn 72 in 2018 and the youngest are in their mid-50s. Benchmark your labor costs here.

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Employee Attrition: Meaning, Impact & Attrition Rate Calculation

Analytics in HR

It plans to make most of the cuts by not replacing staff that leave. When slowing sales hit American footwear retailer Crocs in 2017, its president Andrew Rees stated, “ Over the past several months, as we continued to focus on removing unnecessary complexity from our business, we conducted a comprehensive review of our cost structure.”

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Ceridian Reveals Moves in Pay and Succession

HRExecutive

At last week’s Insights 2018 customer forum at Caesars in Las Vegas, the Minneapolis-headquartered global human capital management technology company unveiled two new solutions: On-Demand Pay and Succession Planning. Both On-Demand Pay and Succession Planning, Turner said, leverages the platform’s “single data-store” approach.

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Human Resources Growing in Importance in the Banking Industry

HR Daily Advisor

In its recent 2018 Bank Compensation and Benefits Survey, Crowe found that banks seem to have a new focus on human resources based on their salary increases. Seventy-seven percent of respondents have a documented succession plan in place for CEO and executives, up from 63% last year. Source: Warchi / iStock / Getty.