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How to Create a Human Resource Strategy?

HR Digest

Human resource (HR) strategy is the backbone of workforce management in any organization. It maximizes the potential of the company’s most valued asset- the human capital to achieve broader goals. In the following sections, we will discuss how you can create a human resource strategy that is effective and efficient.

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What are the basics of a people strategy?

HR Digest

Without a well-thought-out people strategy, there can be inconsistencies in managing employees leading to human resource (HR) issues and even employee attrition. . It involves steps to attract, retain, develop, and inspire the workforce. Is people strategy and human resource strategy similar? .

Strategy 119
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How Artificial Intelligence is Revolutionizing HR

HR Digest

Artificial intelligence (AI) is rapidly revolutionizing the field of human resources (HR), bringing about significant changes in the way businesses operate. For example, AI algorithms can track employee attrition rates, pinpoint factors contributing to turnover, and help develop initiatives to reduce employee churn.

Attrition 105
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What is HR Analytics?

HR Digest

HR or Human Resource Analytics is the analysis that is made about the human resource or employees of the company so that strategies could be framed accordingly to improve their performance outcome and retain them for a longer period.

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The use of AI in the Workplace will be broad and revolutionary

HR Digest

This will include talent and human resources management. AI technology would work with humans. A global research study from consulting firm Protiviti, and research firm ESI ThoughtLab reveal that only about 4% of companies in the world are seeing the major impact of AI on jobs, staffing, and human resource management.

Attrition 101
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Great perks and benefits that build company culture

HR Digest

Good company culture does not develop overnight; it takes a lot of effort to build a reputation and brand within the industry. If a company has a reputation of being a bad paymaster, not keeping its promises, working people overtime, then the attrition rate is going to be very high. In-house training programs.

Company 102
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Playing the Long Game: The Employee Retention Process in HR

HR Digest

Amidst their country’s tech talent shortage, HP Indonesia is doing its best to focus on its employee retention instead of acquisition efforts, according to Human Resources Online. The World Bank has projected a 9 million skilled and semi-skilled ICT workers shortage to affect Indonesia between 2015-2030.

Process 59