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What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Human Resources is both a function and a department within an organization.

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5 Metrics for Remote Workers You Should Track

Fond

Metrics for remote employees are changing rapidly, along with the way employees spend their workdays. New metrics for remote workers that balance business needs with employees’ well-being are on the rise. Here are six metrics for remote workers you should be tracking that are essential to your business. Work Time/Overtime Hours.

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Compensation and Benefits

Analytics in HR

At the same time, compensation, benefits, and related taxes can account for up to 70% of business costs , highlighting the importance of getting comp & ben right at your company. Compensation is the money an employee receives in exchange for their labor, which could be a salary, wages, commission, and bonuses.

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How to Advance Your Career in HR

HR Digest

They manage employee relations, recruit new employees, train them, and provide benefits. As of 2015, Fortune 500 companies are hiring more HR professionals than ever before. However, many experts recommend combining your education with vocational training and practical experiences. Education Requirements . Job Outlook .

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Confronting the Pay Equity Gap: Identifying and Resolving Issues of Unequal Pay

Decusoft

According to a study by Payscale, the gender pay gap is currently $0.82 Payscale found a racial wage gap showing that women of all races and ethnic groups earn less than white men. Payscale found a racial wage gap showing that women of all races and ethnic groups earn less than white men. Women earn $0.69

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How to Turn Pay Secrecy Obstacles Into Pay Transparency Opportunities

ExactHire

Just as recently, I learned about the passage of a new employment law in the state of Massachusetts that bans employers from inquiring about an applicant’s salary history prior to offering the individual a job. I’ve been thinking about the impact of snap decisions a lot lately. Essentially, gut counts for something.

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Designing Competitive Compensation Packages to Retain Talent

Accendo Technologies

Without competitive pay, the Work Institute states that companies risk high turnover, costing them up to 33% of an employee’s annual salary to replace. Due to budget constraints, small and medium-sized businesses rely on non-monetary benefits like flexible working hours or growth opportunities.