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Talent Acquisition

Analytics in HR

Talent acquisition responsibilities include developing a strong candidate pipeline, developing employer branding , identifying, assessing, and hiring candidates to fill open positions, future resource planning, and diversifying the labor force. Doing this well leads to lower turnover, higher productivity, and increased engagement.

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

Analytics in HR

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. ” 14.

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Algorithmic Management in Organizations: Benefits, Challenges, and Best Practices

Analytics in HR

For example, platforms like Uber, Deliveroo & UpWork manage and closely monitor their global workforce with algorithms. In fact, 40% of HR departments in international companies use AI-based tools. In addition, algorithmic systems provide performance feedback to employees and managers.

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Key Human Resources (HR) Pillars: Your 101 Guide

Analytics in HR

HR drives and provides oversight to these functions, which include: Workforce strategy : HR should drive a company’s workforce strategic plan , which includes assessing staffing needs, both in numbers and skills, maintaining competitive pay and benefits, supporting the performance management and career development process.

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15 Job Titles for Human Resources: A Comprehensive HR Job List

Analytics in HR

They also should be familiar with HRIS systems and tools such as Tableau, PowerBI, SAP, etc. Beyond formal education, you can consider increasing your data analysis expertise by enrolling in courses and programs, such as AIHR’s People Analytics Certificate Program , or HR Metrics & Dashboarding Certificate Program.

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From Compliance to Talent Management: The 15 Essential HR Responsibilities

Analytics in HR

HR also designs performance management systems that support strategic goals. They establish metrics that align with the plan and provide regular feedback, facilitating employee improvement and contributing to achieving the company’s objectives. Compliance requirements: Legal, compliance, and administrative responsibilities 3.

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Hiring Manager: Everything You Need To Know

Peoplebox

They also conduct phone or video screenings to assess candidates’ basic skills, cultural fit, and interest in the role. Make informed hiring decisions based on candidate assessments Hiring managers often make the final hiring decision, balancing input from various stakeholders.