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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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6 Tips on How Human Resource Leaders Can Boost Sales Team Performance

Vantage Circle

So, hiring the right resources and managing sales talent is crucial to winning and retaining customers, thereby building a successful business model. The human resource team plays a significant role when it comes to hiring talent management. Compensation comprises salary, commission, hourly wages, and bonuses.

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7 Reasons Why Your Company Needs an Engaged Workforce

Achievers

And companies that invest in social recognition see an improvement in business results across the board: four times more likely to improve stock prices, two times more likely to improve NPS scores, and two times more likely to improve individual performances. Bonus tip : Frequently recognize your employees to boost employee engagement.

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How to Address High Turnover With Retail Employees

Achievers

Here’s a not-so-fun fact: Retail employees leave their positions at a rate that’s over four times higher than the average turnover rate in all other industries. According to Human Resources Today, that translates to $19 billion in costs related to hiring and training new employees.

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What Hourly Workers Really Want (It Might Surprise You)

Achievers

Hourly workers are among the most unhappy employees in the workforce. They often take fewer vacations, have worse benefits, and are passed over for promotions compared to their salaried counterparts. Employee Recognition. There are simple ways to get an employee recognition initiative started.

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Engage Blog: Top 10 HR Blogs of 2016

Achievers

Social Media & Blog Manager, Achievers. To help you celebrate in style, we shared a list of fun ideas to help spread employee appreciation across your entire organization – including how to enhance wellness perks and boost employee recognition. Read more > 4 Ideas For Celebrating Employee Anniversaries.

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10 Must-Know Employee Engagement Statistics For 2024

Vantage Circle

68% of HR professionals agreed that employee recognition positively impacts retention, while 56% said it also helps with recruitment. SHRM study shows employee recognition's impact on retention and recruitment. Also, 56% think recognition is vital for attracting new talent and crucial in recruitment.