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35 Key HR Metrics with Examples, Formulas and Detailed Analytics

Human resources metrics are the KPI (key performance indicators) of HR. These are evaluated by HR professionals to assess the effectiveness of HR functions, operations, processes, and strategies.

Human resources metrics can help to compare the efficiency of HR operations to the expenses made. It gives an insight into the impact of the HR department in the organization, and the prevailing gaps in HR functions that may have adverse effects on the organizational well-being.

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50 Professional New Year Wishes & Messages for Colleagues

It is that time of the year when we bid adios to the past year and welcome a fresh new year with the hope of accomplishing all the incomplete commitments, achieving new targets, and off course making new resolutions.

The dawning of a brand-new year brings with it immeasurable possibilities and fresh starts. It is time to reflect on the journey behind us, embrace the present, and eagerly anticipate the adventures that lie ahead.

Let us embark on this new chapter by spreading positivity and sending New Year greetings to colleagues and coworkers.

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Employee Value Proposition (EVP): Meaning, Benefits & Examples

What is an Employee Value Proposition (EVP)? Employee value proposition is a process in which employers provide an extra bunch of benefits to employees in return for the skills, capabilities, contributions, performances, and employment they deliver for fostering the growth of the organization.

An Employee value proposition EVP is a combination of tangible and intangible elements such as career advancement opportunities, benefits, compensations, rewards and recognition, etc. The goal of an EVP is to attract and retain top talents in the organization.

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Streamlining Businesses: Pocket HRMS announces integration with Logic ERP

In a dynamic business landscape, where efficiency and integration are paramount, we are excited to announce a ground-breaking collaboration between Pocket HRMS, and Logic ERP, a leading provider of comprehensive Enterprise Resource Planning (ERP) solutions.

This strategic integration is set to revolutionize the way businesses manage their human resources and streamline their overall operations.

Read More: Streamlining Businesses: Pocket HRMS announces integration with Logic ERP

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Top 5 Effective Performance Management Strategies

If you think about the process of integrating the performance management process at your organization and face challenges during attending it, We are here discussing some strategies which you can easily implement for your organization and see a better result.

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Top 5 Performance Management Strategies for Employees

In every industry, one of main responsibilities of employers is regulating the employee performance management. It is not only helpful for enhancing the employee involvement in workforce also help the company making improvement in business productivity.

A right employee performance management helps the organization creating a space for the employees where they can perform well with right strategies.

Read More: Top 5 Performance Management Strategies for Employees

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All About Employee Performance Improvement Plan (PIP)

A performance improvement plan (PIP), is a documented performance improvement tool used by the employer to outline the areas of improvements required for the employees who do not meet the performance expectations of the organization.

The primary objective of a performance improvement plan (PIP) is to provide a framework to the employee on the lacking or deficient areas of their performance that need immediate actions for improvement.

Learn More: All About Employee Performance Improvement Plan (PIP)

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Floating Holiday

A floating holiday is a paid time off that is not hitched to any specific date, event, or occasion and is a paid day in which employees can choose to take time off according to their convenience within organizational guidelines established by the employer.

A floating holiday is an additional time off given by the employer to the employees for cultural, personal, or specific reasons that are beyond the standard leave policy of the organization and are different from regular holidays.

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20 Best Employee Engagement Software in 2023

Employee engagement and enhanced employee experience are essential for the success of any organisation. Engaged employees stay with the company for longer, which results in long-term dedicated staff, who are interested in remaining a part of the company.

Read More: 20 Best Employee Engagement Software in 2023

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10 Brilliant CSR Activities Ideas for Social Impact

CSR stands for Corporate Social Responsibility. CSR in the business is about integrating social and environmental concerns in business operations. CSR activities allow companies to act for the greater benefit of the world. This comes from the idea that the business should not be focused only on the bottom line and be conscious of harm caused to shared resources.

The philanthropic initiatives taken up by the organization are volunteer work depending on the values the company believes in. Most big organizations use huge amounts of natural resources. CSR activities are seen as a way for businesses to give back to society.

Read More: 10 Brilliant CSR Activities Ideas for Social Impact

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Management By Objectives (MBO): A Comprehensive Analysis

What is Management by Objectives (MBO)?

‘Management By Objectives’ is the strategic process of setting organizational goals with reciprocated responses from both employees and management. The term ‘Management by Objectives’ was coined by Australian-American management author Peter Drucker in his book ‘The Practice Management’ in 1954.

Management By Objectives is designed by aligning organizational goals with the overall employee objectives to provide a directive pre-defined conduct to accomplish the vision of the business in the future.

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What is Attrition Rate and How to Calculate it Easily?

Are you facing employee turnover issues recently and thinking about how to solve this problem? First of all, it is a common problem we all face for days, but there are unique ways to resolve them. Have you heard of checking the workplace attrition rate? Is it balanced or do you have to do some work on it?

Checking the employee attrition rate is mandatory. If the rate of staff turnover is detected as high, then you need to bring some changes immediately. Else, productivity and company growth are affected.

Read More: What is Attrition Rate and How to Calculate it Easily?

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Private Pension Plan for Company Employees in 2023

A few years ago, people used to say that the ‘only government job is a secure job where you get benefits even after retirement. It become a joke nowadays. If a person wants smooth retirement planning, he can easily do so by investing some amount regularly in a private pension plan.

Starting saving in younger years, individuals can spread their savings over an extended period. Moreover, they can decide when they break from their financial responsibilities and enjoy their retirement life hassle-free.

Learn More: Private Pension Plan for Company Employees in 2023

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How to Dress for Work: 4 Types of Office Dress Codes

Ever wondered what to wear to work environment for different days or meetings and got confused with it, ending up dressing sluggish and disastrous? No worries, we have your back, let us give you an insight into the recent business attire trends, and get you all dolled up for work.

Here are the prevailing 4 types of office dress codes for the year 2023 that hold greater prominence in the corporate sector:

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20 Best Ideas for Farewell Messages to Colleagues

Saying goodbye to someone with whom you have developed a meaningful bond is never an easy job for anyone. We often struggle to find the right words to convey the bundle of emotions that we feel. Saying goodbye to an awesome colleague for a new job is an occasion that we are going to face several times in our lives. Sending them off with the right words is the least we can do to let them know the value they hold in our life.

Read More: 20 Best Ideas for Farewell Messages to Colleagues

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Corporate Office Dress Codes for Men and Women

The mere essence of an individual’s personality is reflected by the dressing style and presentation exhibited. In the corporate diaspora of greater significance in public interaction, dress code holds major prominence in impacting the business transactions.

It exhibits the workplace culture, ethics and tradition and put a distinctive and impressive impact in the cut-throat business market. Office dress codes for the workplaces can vary as per the dress code policy of different organization.

Read More: Corporate Office Dress Codes for Men and Women

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Top 10 Best Payroll Services Companies in India 2024

In the dynamic landscape of modern business, efficient management of payroll services remains a cornerstone of success. As payroll services companies continue to expand their operations and adapt to evolving financial regulations, the significance of reliable payroll services has grown exponentially. The year 2024 stands as a testament to this payroll services trend, with numerous enterprises recognizing the pivotal role that streamlined payroll processes play in maintaining employee satisfaction and compliance.

Read More: Top 10 Best Payroll Services Companies in India 2024