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Aia invoice form for Human Resources

Hey there. In this video, we'll go ahead and show you how AI can help you with strategic HR management, and that way if you need to come up with strategic ideas and initiatives in your company, you can come up with them faster and also lay the foundation for them faster when it comes to things like proposals and much more. Now, let's go ahead and dive in to see how AI can help you with just. . So here we are with this tool chat, G P T. This is an AI tool where you can put in a prompt and it'll give you a response back and you can build on those responses and prompts, and it's a great tool for getting knowledge faster and just generating outlines of much more. One of the things I'm going to do if I have some questions that have to deal with strategic HR management, I'm first going to start at a high. And let's say, the question I'm asking is, why are employees leaving my company? Now, there may be a number of reasons why employees are leaving the company, so let's go ahead and ask Chat g p T. What are some of the more common reasons? So let's say provide a list of reasons. Reasons that employees may be leaving my company to, to work at competitors. So being a bit more specific. , and this is a problem that we can solve if we put in some good strategy in place. So we'll go ahead and dive deeper into this problem, but we need to start at a higher level first. And some things that can help here is if we have data to plug into the AI tool, which we can do a chap G P T, but in this case, we're not using any example data set. We're just gonna show you what you can do at a high level. So now it's giving us some reason. So they may be leaving for better compensation, career growth opportunities, company culture, better work life balance, dissatisfaction, lack of recognition, and industry trends, and likely many other things as well. There are a lot of reasons that employees may be leaving a company, so we also want to get an idea of things that we do to. Employees from leaving a company. So what I'm going to do is say for number two, what are ways to solve that problem? And there's put in ways. There we go. So number two is career growth opportunities. Now it's gonna give us a number of ideas that we can solve that problem with. So it's starting to get a little bit more strategic in our ability to address things still. It's important again, to look at data to make sure this is the exact problem that we need to solve. And we could also ask chat g p t to tell us what data should we be looking at to know that this is a problem that we need to solve. So we're gonna go ahead and do that next. Feel free to take a moment here as well to pause so you can read through the prompts that we're putting in and the responses that chat G p T is providing. It's said to solve career growth opportunity problems. So for people who don't think there is career growth and that's why they're leaving, we can have more open and honest conversations about their growth. We can provide training and development opportunities. We can create clear career paths. as well as encourage internal mobility and offer competitive compensation benefits. So all those things can help there, but we do want to know whether we're solving the right problem. Are they leading because of better compensation elsewhere or is it career growth opportunities? So we're gonna ask chat, g b T, be like, what are ways we can identify if employees are leaving? a company because of competitive compensation. So now it's giving us a number of ways to identify whether this is the actual problem that we need to solve. So we're gonna want to conduct exit interviews, review market data, and also monitor employee satisfaction. Now, there's a number of other ways that we can do this as well that I'm sure chat G B T will continue to provide us. And we can also ask it to expand on any of these here. So we can say, what should we ask in an exit interview to. our employees in this case, and let's go ahead and do that next, so that way we can get into the finer details of things when it comes to not just operating at a strategic level, but diving into the execution level. And then we could dive back up to the strategy level. So we'll say what is an ideal exit interview template to understand whether employees are. because of competitive compensation. So rather than googling around and trying to create something from scratch Chat, g p T is going to give us a foundation for an exit interview that we can conduct right away. And that's great. Um, so as employees leave the company, we'll be able to get better data from them to ensure that if they are leaving from competitive compensation, that that is the case. And as you can see here, they put a whole section dedicated to compensation that's going to help us really get some good data. Now we also wanna know what like KPIs we should be tracking as well. So we have, you know, these things like analyzing feedback, monitoring employee satisfaction. This is all great, but like what are the KPIs that we need to track to ensure if people are leaving due to. Competitive compensation. So let's go ahead and ask what are key performance indicators to track to understand whether employees are leaving because of competitive compensation? Now it's gonna go ahead and provide us a list of these indicators, which we can track in our hrs system or wherever we do our track. Maybe that be Excel or other places. . So now we have a list of important KPIs to track and we can be more successful in really identifying whether. Compensation is a factor in employees leaving, and as you C, we went through strategic levels to more execution levels, back to strategic levels on overall KPIs that we should be tracking, and that way we can use AI to help us with strategic implementation when it comes to HR and a lot of the HR duties that we have. Now we just went over a number of examples here of how you can really use AI to assist you in this facet. And if you feel like you have a better understanding of how AI can take your strategic human resources management skills to next level, make sure to go ahead and like this video and subscribe to our channel here at HR University and that we don't miss any of our tips and tricks on how to become a great HR professional. And I'll go ahead and see you in some of our following videos and lessons. Cheers.