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Improve our company culture

A good company culture is an integral aspect for any company that's looking to stay strong and grow in the market. A good company culture brings with itself employee happiness, productivity, employee retention, a great brand name, and more. So let’s focus on making our company the most desirable place to work.

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🌈

Improve diversity and inclusivity

Diversity and inclusivity have a direct impact on employee engagement. Diversity of thought and perspective brought about by people from different backgrounds increases the pool of innovative ideas to work from.

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Establish a holistic employee wellness program

A holistic wellness program approaches the health and well-being of employees from both the physical and mental dimensions. Healthy employees are happier and more productive members of the team.

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Push employee engagement levels higher than last quarter

Employee engagement is of the highest importance if businesses are to stay profitable and competitive. It's a constant pursuit that needs to be revamped periodically to match the changing needs of employees to keep them happy and satisfied with their work.

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πŸ’΅

Improve compensation and benefits metrics while staying within budget

Compensation and benefits are essential to keep the workforce motivated and bring the best out of employees. The way to drive change is to set compensation goals that increase engagement while staying within the budget.

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Increase employee engagement across the organization

Sustaining our employees’ engagement is paramount in achieving business objectives. Therefore, we need to find the most effective ways to do so while keeping them happy and satisfied. If employee engagement is done the right way, employees may market our business brands to attract top talent and customers.

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Comply with HR Policies

We need to demonstrate best work practices by understanding and abiding by legal business laws and regulations. As an HR manager, the last thing you want is to pay penalties for non-compliance, which may affect your business performance and reputation.

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✍️

Improve HR planning

One of the best ways we can keep our resources at a minimum is through human resource planning. An effective plan will help us find the best talent for various positions within the organization. As a result, we will save costs that would have instead been used in hiring, onboarding, and training.

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Reduce failed hire rates

Let's find effective and creative ways to reduce failed hire rates. As a result, we'll be able to find the most suitable candidates to stay long-term and save on hiring costs, positively affecting our company’s bottom line.

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Identify cost-per-hire

Identifying cost per hire is one of the ways to define the effectiveness and success rate of the recruitment process. It’s always recommended that we know the amount of money spent to hire every individual so that we can budget accordingly moving forward. It also helps in giving a clear insight into our companies’ profit and loss.

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Build an extensive talent pipeline and maintain low turnover rates

We have to know the number of employees leaving our companies within a specific period. Keep in mind that a high turnover rate (exceeding 3%) should be a concerning issue that we need to take precautionary measures to mitigate. By calculating the turnover rate, we will be able to easily create a talent pipeline for future use.

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Improve employer branding and reputation

Better employer branding improves the overall candidate and employee experience. Let’s focus on making our company a desirable workplace that attracts and retains top talent.

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Update compensation and benefits programs

We want to continue to offer competitive salaries and benefit packages to our team. Let's gain a deeper understanding of the current market to ensure we're staying competitive and compensating our team fairly.

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Grow professional development opportunities

One of the best ways to engage our team is to give them ample opportunity for growth and development. While this isn't entirely on HR alone, we can certainly help create more opportunities for growth within the company.

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Improve employee retention

Employee turnover, when high, can be a huge cost to the organization. Let's ensure that we're putting the measures in place to reduce our voluntary and involuntary employee retention across the company.

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