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10 Most Important Functions of Human Resource Management (HRM)

Qandle

Human Resource Management (HRM) is the bedrock upon which successful organizations are built. It encompasses a myriad of functions of hrm crucial for the effective management of human capital within an organization. What are the Functions of Human Resource Management (HRM)? Looking for the Best HR Software ?

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How to Wow the C-Suite as an HR Professional?

Achievers

A recent study estimates that it costs 33 percent of an employee’s salary to replace them if they leave your company. One way to retain great employees is to make sure your benefits package is competitive in case they go looking for other job. . Which benefits will have the biggest impact?

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Turning New Hires into Engaged Employees – 3 Quick Tips for Success

Achievers

Studies on turnover estimate that when an employee leaves a company, it can cost the organization between 30 to 250 percent of that person’s annual salary due to factors like loss of productivity and other associated replacement costs. Look beyond money to drive desired behaviors.

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How HR can give your company’s employee retention strategy a boost

Insperity

But did you realize that your human resources (HR) team could be one of your greatest assets in keeping employees around? Here are eight ways that your organization’s HR personnel can have a direct, positive impact on your employee retention strategy and serve as a valuable partner alongside management.

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9 Promotion Letter Sample Templates for HR Department

Empuls

A promotion letter is a formal exchange of communication between the employer and the employee receiving the promotion for their hard work and positive contributions. In the future, if some confusion arises between you and your employee, a promotion letter is a permanent record of communication you must refer to.

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10 Best HR Software for Small Businesses in 2023

HR Lineup

Motivosity Motivosity is an employee recognition and engagement platform designed to boost morale and productivity within small businesses. It offers peer-to-peer recognition, performance tracking, and analytics tools. It offers a wide range of benefits packages and integrates with popular accounting software.

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Employee retention strategies to overcome the Great Resignation

Business Management Daily

Consider offering long-term remote or hybrid work arrangements for employees that prefer telecommuting. In addition to decreasing employee turnover, allowing remote work can also boost productivity. Improve employee benefits offerings. Employee recognition. Solicit employee feedback.