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

AIHR

Just like HR acronyms and abbreviations , knowing how to employ HR terms is an integral part of working in human resources. This article unpacks 93 HR terms, including a usage example for each. These are just a few of the many roles HR plays in organizational success. Learn more What Is Human Resources?

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A Guide to Compensation Analysis

AIHR

Compensation analysis is vital to providing fair, equitable compensation. Smart organizations know that providing the right compensation is one of the key pillars to attract and retain the best talent. The purpose of this guide is to provide a basic understanding of compensation analysis and its associated benefits.

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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. It’s important in many ways.

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Compensation Review: Your 11-Step Guide to a Fair and Effective Evaluation

AIHR

A compensation review process is necessary to assess how fair and competitive your compensation and benefits offerings are and to ensure you attract and retain top talent. This article discusses how to ensure a fair and effective compensation review process and how to tactfully communicate salary changes to employees.

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A Comprehensive Guide to the Compa Ratio

AIHR

In its original use, compa ratio (or comp ratio, or compensation ratio) is a simple formula designed to compare an individual’s actual salary to the midpoint of a defined salary range. Over the past few decades, HR and compensation professionals have found many more ways to use it. What is compa ratio?

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Compensation and Benefits

AIHR

What is compensation and benefits? Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. Overall compensation is the top factor that job seekers consider when accepting a new job. What is the difference between compensation and benefits?

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LaRocque: Why HR needs a strategy for evaluating tech startups, scaleups

HRExecutive

There has been a remarkable surge in both global spending and funding for HR technology in 2021. Sapient Insights reported in its latest HR Systems Survey that 2021 was up 57% over last year on the spending front. Why should an HR leader care? The resulting products will be vying for the HR leader’s attention before you know it.

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