Remove Employee Benefits Remove HR Trends Remove Learning Management Remove Retention and Turnover
article thumbnail

Human Resource Management: How it Works, Main Objectives, and HR Technology

Netchex HR Blog

Your employees are one of your company’s biggest resources, but they also require more types of ongoing support than material assets. Interpersonal conflicts, employee engagement and satisfaction, retention, and turnover are all commonly addressed by HR professionals. Performance Management.

article thumbnail

HR Analytics: What do Data & Reporting Mean for Human Resources?

Netchex HR Blog

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Critical HR Metrics for Human Resource Management

Netchex HR Blog

For most businesses, employee compensation is one of the biggest variable expenses and most important HR metrics to track. A small increase to standard pay might slightly reduce turnover, but additional compensation will surely make a big difference when expenses are projected over the whole year. 4) Turnover & Retention.

article thumbnail

15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Compensation and Benefits: Compensation Planning : Helps design and manage salary structures, bonuses, and other forms of compensation. Benefits Administration : Manages employee benefits, such as health insurance, retirement plans, and other perks.

article thumbnail

12 top HR training programs in 2024: Certifications and cost

Achievers

HR training programs also give HR personnel the chance to grow and obtain valuable certifications that prove they possess a variety of important competencies. HR training programs contribute to improved engagement and retention as well by showing that your company is truly invested in HR professionals’ success and development.