........................................................... HR Metrics Standards & Glossary Published by the HR Metrics Service Version 6.4 /October 12‚ 2011 HR Metrics Standards and Glossary Introduction The following document contains a list of HR metrics‚ including formulas and descriptions. It has been arranged in a series of categories for ease of reference. The categories are as follows: • • • • • • • Compensation HR Efficiency Learning and Development Productivity Recruitment Retention
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consumer’s responsibility to choose weather they buy it or not. If you look at commercials now a days it is filled with hot celebrity actresses and sports icons. People buy their product if it appeals to them and that appeal is created based on the advertisement in which they saw. For instance‚ if you see a commercial about make up‚ one had Taylor Swift and the other had some random person promoting their product‚ which commercial would attract more people? Of course Taylor Swift because she is pretty and
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that payment to make after 30 days of the delivery. In a commercial contract‚ the time of delivery is normally of the essence. If‚ the date is stipulated and if the buyer fails to give the payment that is a breach of condition. Therefore‚ the seller is entitled to repudiate the contract and sue for payment. In Hartley v Haymans [ 1902] 3 K. B. 475 the court was held that the time of delivery is a prima facie of the essence in commercial law. In Charles Rickards Ltd v Oenheim [ 1950] 1 K. B. 616
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time carefully evaluates and adapts to local priorities and requirements. However‚ for many firms‚ implementing this concept or vision has turned out to be a long and difficult process‚ causing not only unexpected and unintended side-effects causing many to cease competing effectively. To take an example‚ suppose a situation where an employee based from Bangalore is negotiating for an alteration in his compensation package due to change in rental prices in his locality from an HR head based from
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Commercial whaling is not a very common controversy every one knows about but it really should be. There are a few main reasons whaling needs to be enforced more and those are Most whale species have a very few amount of them left in the wild‚ the way the hunters kill the whales is cruel‚ and it is already illegal but people choose to break the law. The first reason whaling needs to be stopped permanently is that most whales have a very low number of them. Minke whales are the most hunted whale
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Commercial influences on science research and technology. First of all‚ we need to know that connections between science‚ technology are plentiful. It is known that these connections are growing in number and extent‚ a repercussion of the rising role of science and technology for competitiveness between the leading economies. Both governments and business confirm that this close links is mostly positive for science and technology and the society. However Their are some concerns about commercial
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HR SWOT Examples mainly in Recruitment The SWOT Analysis commonly used tool for identifying gaps and potential for improvement. The SWOT Analysis is very easy to conduct and the explanation of the whole exercise does not consume a lot of time. The SWOT Analysis was first used by the marketing guys so it is really a very simple tool. In HRM Management the HR SWOT Analysis is used mainly in the following areas: recruitment talent management The HR SWOT Analysis is the most
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DATABASE One of the technology terms that most people have become accustomed to hearing either at work or while surfing the Internet is the database. The database used to be an extremely technical term‚ however with the rise of computer systems and information technology throughout our culture‚ the database has become a household term. A database is a structured collection of records or data that is stored in a computer system. In order for a database to be truly functional‚ it must not only store
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Resources Conducting an HR Audit: How HR Can Better Measure the Effectiveness of its Functions and Programs? By Judith Brown‚ Director of Research International Public Management Association for Human Resources 1617 Duke Street Alexandria‚ VA 22314 (703)-549-7100 http://www.ipma-hr.org Introduction Conducting an HR Audit---How HR Can Better Measure the Effectiveness of its Functions and Programs By Judith Brown‚ Director of Research Redefining the role of HR The historical role
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Glossary of HR terms Term Absolute ratings Definition A rating method where the rater assigns a specific value on a fixed scale to the behavior or performance of an individual instead of assigning ratings based on comparisons between other individuals. The Accident Compensation Corporation Accident compensation Affirmative action Also : Positive discrimination. Carried out on behalf of women and disadvantaged groups and members of such groups are placed in dominant positions. Appraisal Attrition
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