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HR’s Guide to Analyzing and Lowering Attrition Rate

Analytics in HR

Attrition: An employee retiring after reaching the age of retirement. Compensation also covers other financial incentives like bonuses, commissions, and annual increases. And the continuous growth of e-commerce and online services means hiring more individuals to perform online and logistic support.

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Understanding Total Comp & Total Cash Comp

Affinity HR Group

As strong demand for qualified workers continues to be a challenge for employers in 2023, compensation remains at the forefront for businesses trying to retain and recruit talent. When you’re having conversations about compensation with your employees or recruiting new hires, it’s important to talk in terms of total cash compensation.

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Guide to Hiring Employees in Ukraine

Recruiters Lineup

Bonuses and Benefits: Non-monetary benefits such as health insurance and other perks might be included in the overall compensation package. Retirement Plans: Retirement benefits are another essential aspect of the employee package in Ukraine. Payment Frequency: Employees in Ukraine are usually paid on a monthly basis.

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List of A-Z Human Resource (HR) Jargons

HR Lineup

From recruitment and performance management to training and labor relations, HR jargons are used to describe various processes, functions, and concepts within the realm of human resources. Applicant Tracking System (ATS): An ATS is a software application used to manage and automate the recruitment process.

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New poll reveals the benefits and perks that employees value most

cipHR

Paid sick leave tops the list of benefits and incentives that matter most to British employees , according to new research by HR and payroll software provider CIPHR. The full list – featuring the top 25 most important benefits and incentives to employees – is available to view at [link]. Paid sick leave (67%). Performance bonus (39%).

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6 Ways to Ensure ADEA compliance

Accurate Background

For protected employees, the ADEA forbids prejudice at all levels of employment: recruiting, hiring, employment relationship, decisions for layoffs, and the termination of the employment relationship. A study conducted by Nazarov, Zafar E, & Schrader, Sarah, von. If age is not a legal requirement, avoid asking.

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Compensation Package: A Guide For HR

Digital HR Tech

It can include unique rewards for different job levels, such as mid-level management vs. executives — who are seeking different forms of compensation (performance bonuses vs. equity in the company). Direct compensation includes: Salary or hourly wages Retirement savings Paid time off Health insurance. These are just for starters.