Remove Payroll Remove Retention and Turnover Remove Succession Planning
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HR Year-End Checklist: 10 Critical Areas to Assess

Extensis

Employee records Updating and maintaining current employee records is more than just a housekeeping routine—it’s a foundational practice that supports payroll accuracy and helps your company avoid potential litigation. Archive old records: Securely store or dispose of records in accordance with data retention policies and legal requirements.

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What is Headcount Reporting? A Complete Guide for Employers

HR Lineup

Turnover Rates: Insights into the rate at which employees join and leave the organization. Turnover and Retention Analysis Tracking headcount over time helps organizations monitor employee turnover rates and identify patterns or trends. to evaluate retention strategies and succession planning.

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

Analytics in HR

Payroll audit A payroll audit is an analysis of a company’s payroll data, documents, and processes to ensure accuracy. Most payroll audits are internal checks and, depending on the size of the organization and the extent of the audit, can take a few minutes to a few weeks. ” 9. ” 10. ” 16.

COMPAS 99
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FTE vs. Headcount: The Key Differences HR Should Know

Analytics in HR

Headcount planning is important for Human Resources because it helps ensure they have the right number of people with the right skills to meet the short and long-term needs of the organization. FTE is equally important because it helps HR standardize their headcount, simplify their payroll, and accurately forecast budgets.

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From Compliance to Talent Management: The 15 Essential HR Responsibilities

Analytics in HR

Preparing for the future: DEIB, succession planning, HR digital and new work models Developing future-proof HR skills The roles and responsibilities of an HR professional HR professionals are responsible for managing the most valuable asset of any organization – its employees.

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What Is Human Resources?

Analytics in HR

Through workforce planning, talent management, succession planning, and applying other HR best practices , HR professionals ensure that the organization has the required talent to keep operating and meet its long-term goals. Executes effective talent acquisition processes to hire the best talent for the right position.

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8 Questions to Ask for Effective HR Reports

EmployeeConnect

HR reports can be customised for various company stakeholders, and it’s critical to determine where each report will be used and by whom it will be read.