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Last year one of our most popular posts on the blog was a recap of some of the 2021 M&A activities across the HR Tech landscape. We tracked more than 100 different mergers and acquisitions across the HR technology space, and some of the ones we think are interesting or particularly notable are listed below.
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Accordingly, qualitative variables like employee satisfaction are easier to analyze with quantitative data points like numerical surveys and Key Performance Indicators (KPI’s) like turnover. HR software makes it easier to collect and process data automatically, from absenteeism to the relative popularity of different employee benefits.
Build A Stronger Stronger Talent Pipeline With Strategic Workforce Planning Workforce planning is the top strategic priority for 70% of businesses. This means you have to strategically plan talent management and align talent needs with the overall business strategy. Visier is a helpful tool for this.
Additionally, they enable companies to focus on optimizing processes and creating more efficient and transparent systems, which can boost employee trust and morale. In this blog, we concentrate on two main types of HR audits: the Fair Labor Standards Act (FLSA) Audits and general HR Compliance Audits.
Artificial intelligence (AI)-powered recruiting tools , which small businesses may access via a professional employer organization (PEO) like ExtensisHR, can aid in this search by eliminating subconscious biases. Performancemanagement Monitoring and evaluating employees’ performance is a growing priority for businesses.
One of the most significant advancements driving this transformation is predictive analytics a game-changing technology that allows HR professionals to make data-driven decisions, anticipate workforce trends, and optimise talent management. Key Applications of Predictive Analytics in HR 1.
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Don’t forget how workflows and niche skills can make subordinates more indispensable than middle management. Plan ahead for hypotheticals Companies change as they grow, but they also need to stay flexible. An org chart makes it easier to plan for downsizing or splitting teams. million).
If you’re considering BambooHR or an alternative HR software , this analysis can support your decision-making process. BambooHR is HR software that centralizes daily HR tasks into a single platform. It bundles different features including hiring and onboarding , analytics and reporting, and payroll and benefits management.
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