HR Audit. No one likes to hear that word – audit. Review. Evaluation. Analysis. No matter what word you use, negative thoughts start to fill your head. We challenge you, however, to look at this event as a chance to review and renew. A properly conducted HR Audit can (and shoul...
Business purpose entails a feature that sets out the reason for the business establishment and its uniqueness in the market within a given period. Still, its displays information about the plan of action that the business wishes to integrate into its performance within a given period....
However, in the late 1960s, a group of economists who were staunch monetarists, led by Milton Friedman and Edmund Phelps, argued that the Phillips curve does not apply over the long term. They contended that over the long run, the economy tends to revert to the natural rate of unemploymen...
Herscovitch, Lynne, and John P. Meyer. “Commitment to organizational change: Extension of a three-component model.” Journal of applied psychology 87, no. 3 (2002): 474. Related resources Employee Retention Retention Rate 14 min read
A wage-price spiral is caused by the effect of supply and demand on aggregate prices. People who earn more than thecost of livingdecide upon an allocation of savings and consumer spending. As wages increase, so does a consumer's propensity to both save and consume. ...
Based on panel data from 159 prefecture-level cities in China between 2010 and 2019, combined with a fixed-effects model, mediation regression model, and spatial Durbin model, this study empirically examines the impact and mechanism of labor mobility on common prosperity. The study found that (1...
Thus, we adopted the COR theory as our research framework in this study, as it is effective in deciphering the intricate relationships between personal perception and innovative behavior [17]. More specifically, we investigate the impact of four dimensions of CS—career renewability (CN), career ...
The bottom line The effect that inflation has on your money—whether your “purchasing power” is decreasing or stable—will likely impact your portfolio, whether you’re investing in stocks, bonds, or alternative assets. Although the causes of inflation may be varied and not always knowable in...
Use aresume headlineif you prefer not to add a summary or objective—it often serves the same purpose. See how you could arrange your header and personal details: Pro Tip:Before a recruiter or hiring manager can look you and your employment history up, you bettersanitize your online presence...
It lowers the employee turnover rate Happy, engaged employees are unlikely to actively seek employment elsewhere. This translates into lowerturnover rates, saving HR time and resources they’d otherwise need to spend on attracting, recruiting, andonboardingnew hires. ...