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

AIHR

Compa ratio Compa ratio , also known as a comparative ratio, is a metric that compares an individual’s or group’s salary to the midpoint of a defined salary range. HR term example: “The HR department analyzed the compa ratio to assess the fairness of our salary distributions.” ” 10. ” 13.

COMPAS 111
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10 vital HR metrics to track for your business

Business Management Daily

Human resources analytics, a relatively new discipline, is growing at an extraordinary rate and is quickly becoming an essential competency for HR professionals, according to Dr. Michele Rigolizzo, an assistant professor at the Feliciano School of Business at Montclair State University. Which hiring metrics are most important to track?

COMPAS 59
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The AI adoption gap: Why 78% of law firms are wary of artificial intelligence

Embroker

However, despite the increasing opportunities to use AI and leverage the technologys benefits, the legal field largely remains hesitant about adopting AI tools. Get the Report While AI isnt guaranteed risk-free, like with any technology, one of the biggest risks for law firms is not adopting AI. 52% of lawyers feel underinsured.

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Why Amazon's AI-driven high volume hiring project failed

Hubert

Envision the dream of a well functioning recruiting AI. One that supports recruiters in every possible monotone task you might have while making hiring a pure bliss. You’d be able to operate quicker than ever and hire all the right people on a whim. A team designated for one goal; finding a way of automating recruiting.

COMPAS 85
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Why Amazon's AI-driven high volume hiring project failed

Hubert

Envision the dream of a well functioning recruiting AI. One that supports you, a recruiter, with every possible monotone task you might have, all while making hiring a pure bliss. You’d be able to operate quicker than ever and hire all the right people on a whim. The Ultimate Guide To AI Recruiting. Learn more.

COMPAS 58
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Learn a new word: Positive Predictive Value

Steve Boese

Predictive analytics and the application of algorithms to help make 'people' decisions in organizations has been a subject of development and discussion for several years now. But you probably know all this, if you are reading an HR Tech blog anyway, and perhaps you are already applying predictive HR tech in your organization today.

COMPAS 68
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Compensation and Benefits

AIHR

This amount is negotiated during the hiring process and agreed upon before the employment contract begins. Every new hire should receive a clear report of their compensation package and know who to contact if they have any questions. It is typically an annual or monthly salary or an hourly rate.