........................................................... 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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Introduction: In Islam‚ fixing the price of commodities is not allowed as the increase of the price is caused by practice of supply and demand in the market. Hence in this case‚ benchmarking for the products is not allowed. It is can be reflected from of the Hadith of Prophet Muhammad S.A.W. Narrated by Anas Ibn Malik‚ “The people said: Apostle of Allah‚ prices has shot up‚ so fix prices for us. Thereupon the Apostle of Allah (PBUH) said: “Verily‚ Allah S.W.T. determines the climate of economic
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HR Policies & Employment Legislation Why policies are important Policies serve several important functions: * Communicate values and expectations for how things are done at your organization * Keep the organization in compliance with legislation and provide protection against employment claims * Document and implement best practices appropriate to the organization * Support consistent treatment of staff‚ fairness and transparency * Help management to make decisions that
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CAN HR THEORY MAKE A DIFFERENCE TO ORGANISATIONAL EFFECTIVENESS? JUNE 2008 Contents Page Introduction 3 HR Theory in Context 1.1 An Evolutionary Overview 4 1.2 Contemporary HRM 6 1.3 HR Policies
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Case Study of IBM: Employee Training through E-Learning By Admin Tuesday‚ February 15‚ 2011 0 comments Tweet “E-learning is a technology area that often has both first-tier benefits‚ such as reduced travel costs‚ and second-tier benefits‚ such as increased employee performance that directly impacts profitability.” – Rebecca Wettemann‚ research director for Nucleus Research In 2002‚ the International Business Machines Corporation (IBM) was ranked fourth by the Training magazine on it’s “The
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Leadership and Team Building Generic Benchmarking Jacob Ortiz Leadership and communication – Circuit City Jacob Ortiz There are many reasons why an effective team leader is valuable to a company. Many concepts can be found in the reading The Strategic Project Leader‚ by Kathleen Hass. When brainstorming over what criteria makes an effective team leader‚ the team can find ways in which the current Harrison-Keyes scenario lacks leaders who contain leadership skills to implement their
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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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World The journey to Blue Life in the Blue World: the main themes Work in the Blue World: the people challenges The Blue HR business model 02 04 Small is beautiful: welcome to the Orange World The journey to Orange Life in the Orange World: the main themes 18 18 19 22 25 27 27 28 29 30 32 06 06 07 09 10 Work in the Orange World: the people challenges 21 The Orange HR business model Are you ready for tomorrow’s world? Appendix Definitions: Scenarios‚ Millenials Our methodology Global
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Analytical report: The Value of HR analytics in HR development Introduction The following report will begin by analysing the role that Human Resource (HR) analytics and Human Resource Management Systems (HRIMS) must have in order to assist HR in the shift from being an administrative and compliance based focus to becoming a much more strategically focussed and valued business resource. Towards doing this‚ we will first take a look at the purpose and benefits of HR metrics and then continue to discuss
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is amazing that this important part of HR is mostly ignored in HR in most organizations because those at the top do not know the value of HR planning. Organizations that do not plan for the future have less opportunities to survive the competition ahead. This article will discuss the importance of HR planning; the six steps of HR planning that is : Forecasting; inventory‚ audit‚ HR Resource Plan; Actioning of Plan; Monitoring and Control. Definition of HR Planning Quoting Mondy et (1996) they
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