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Day: June 17, 2016

HR Word of The Day 0

HR Word : Benchmarking

Benchmarking definition On a base level, benchmarking involves comparing a company’s performance figures against a standardised set of metrics as a way to judge how the company is doing. It may be a one-off process or a regular part of a company’s strategic management overview. There are many specific types of benchmarking, including best practice benchmarking, whereby leaders will identify […]