What is predictive HR analytics?
Predictive HR analytics is a tech tool that HR uses to analyze past and present data to forecast future outcomes.
Human resources transformation is when an organization makes significant changes to its people management approach. This means changing HR policies, processes, systems, and technologies—or a combination of these—to make sure that the organization’s HR practices help it achieve its goals. In the changing world of hybrid work, HR transformation is proving to be more of a necessity than a luxury—it helps businesses stay competitive and retain top talent. Businesses can use HR transformation to improve performance, growth, profits, and satisfaction in the workplace. What are the components of HR transformation?…
Salary bands, also known as pay ranges or pay scales, are ranges of salaries for specific job positions. Organizations use them as part of their compensation management strategy.
Job pricing is how you establish the right compensation or salary for a specific job within an organization.
Employee assistance programs, or EAPs for short, are work-based programs designed to identify and assist team members in handling personal challenges that might be holding them back from performing their best at work.
In essence, an HRIS analyst is the logistical superhero who manages, maintains, and supports this system, ensuring it’s fully optimized and serves the organization's HR needs.
Employee files, also known as employee personnel files, are detailed records that contain essential job-related documents and information about an employee.
Job enrichment is a motivational strategy that focuses on making the work people do more rewarding and satisfying.
Employee enablement means empowering employees with the tools, resources, and knowledge they need to do their jobs effectively and reach their full potential.
A hiring freeze is when a company stops hiring new employees. During a hiring freeze, companies also refrain from creating new job positions, and might put filling current vacancies on hold.
Preboarding is the step before onboarding, when new hires get to meet the organization and take care of some bureaucratic details before their first day.
On-demand pay is a way for people to receive payment for their work as they earn it, rather than waiting for the end of the current payroll cycle.
Continuous feedback is a process where you give feedback to employees (and receive it from them) on a regular basis—unlike a traditional performance review which is usually done once or twice a year.
Internal mobility is the movement of employees within a company to new roles or positions. This can include promotions (vertical mobility), as well as transfers and role changes (lateral mobility).
A salary freeze, also known as a pay freeze, is when a business makes the difficult decision to suspend salary increases or merit increases for a certain period of time.
An HR database is a system where you store and manage data on your company’s employees. HR databases can be used to track a variety of information, including HR metrics, which give the HR team insights for better decision-making.