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

Analytics in HR

Just like HR acronyms and abbreviations , knowing how to employ HR terms is an integral part of working in human resources. Learn more What Is Human Resources? 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.

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10 vital HR metrics to track for your business

Business Management Daily

She is a former HR professional, which means she knows first-hand how critical it is to have a deeper understanding of HR analytics. The HR Specialist spoke to Dr. Rigolizzo about what HR professionals need to know about this vital tool. Why HR needs data analytics Why is data analytics crucial to HR’s role in the organization?

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Workforce Planners: 4 Steps to Improving Profit Margins for Services

Visier

Professional services firms face a delicate balancing act in determining how to best staff a client project. By comparing different resource cost scenarios over the life of a project, and taking salary increases and turnover into account, firms can determine how best to staff projects that yield solid customer satisfaction at an optimal cost.

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Learn a new word: Positive Predictive Value

Steve Boese

The most common applications of predictive tech in HR have been to assess and rank candidates for a given job opening, to estimate an individual employee's flight risk, and to attempt to identify those employees with high potential or are likely to become high performers. But the opposite, of course is also true.

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Questions to ask before letting an algorithm make HR decisions

Steve Boese

Nearing the halfway mark in 2018 and I am ready to call it right now - the topic/trend that has and will continue to dominate the HR and HR technology discussion this year is Artificial Intelligence or AI. But what if Compas is wrong? So this is a huge issue in the criminal justice system.

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Compensation and Benefits

Analytics in HR

What is compensation and benefits? That’s why offering the right package is crucial to attracting and retaining the right candidates for your organization. What is the difference between compensation and benefits? This amount is negotiated during the hiring process and agreed upon before the employment contract begins.

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What We Wish Everyone Knew About Compensation Management!

Keka HR Blog

Companies must go beyond manual pay planning to explore the value of using compensation management software. In this post, we will take a deep look at the many moving pieces of the compensation strategy while analyzing whether companies should make use of a compensation solution and why. What is Compensation Management?

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