Astron Solutions

AUGUST 18, 2020

Since employees are often related to each other, developing and maintaining fair & appropriate compensation plans can be difficult. In this Astronology® , we will review some compensation challenges that family-owned businesses face. Unique Compensation Advantages and Challenges for Family-Owned Businesses.

Compensation 52

Compensation Planning Tools Staffing Software Payroll 52

Visier

SEPTEMBER 29, 2020

This time-based cohort analysis is a critical feature for people analytics teams using Visier, as it opens up many powerful pieces of insights about your people, such as comparing the revenue results for salespeople who did and did not take training 12 months ago (something that L&D leaders have wanted to know for years!)

Analysis 422

Analysis Visier Diversity Analytics 422

Lighthouse

SEPTEMBER 11, 2023

Over the last few months we’ve been working on our 2023 Compensation Data and Technology Trends research that we update every two years. Key Takeaways from Our Analysis Employers that want to level up their compensation practices have to do so as part of a holistic strategy.

Compensation 130

Compensation Analysis Guidelines Talent Management 130

Trusaic

NOVEMBER 30, 2021

In implementing the software and running the pay equity analysis, X Corporation discovers a significant gender pay disparity within its accounting department and a significant race/ethnicity pay disparity in its warehouse department. Gamifying the analysis prevents X corporation from achieving its pay equity goals to: Minimize legal risk.

Analysis 130

Analysis Recruiting Software HR Software Compensation 130

Berkshire Associates

AUGUST 19, 2022

On August 18,2022, the OFCCP revised Directive 2022-01, “Advancing Pay Equity Through Compensation Analysis” to provide more guidance on what compliance documentation will be required to ensure that a contractor is complying with its obligation to conduct a compensation review.

Analysis 52

Analysis Compensation Compliance 52

HR Lineup

OCTOBER 11, 2021

Compensation in HRM, especially planning and analysis, is a crucial procedure that should be handled effectively to determine every employee’s compensation. With this compensation strategy, it is easier to structure performance-based benefits as well as streamline payment adjustments. Total Compensation Solutions.

Planning Tools 79

Planning Tools Recruiting Software HR Software Analysis 79

Zenefits

FEBRUARY 7, 2023

To provide employees with fair and desirable compensation, savvy companies routinely conduct a compensation analysis. By identifying the right compensation strategy, you can establish a competitive pay structure to help attract and retain talent. What is compensation analysis? National salary data.

Compensation 36

Compensation Analysis HR Planning Planning Tools 36

Analytics in HR

MARCH 6, 2018

Perform basic analysis and provide feedback regarding issues, opportunities, or challenges. staffing, compensation, benefits, learning, employee data); preferably for a large multi-state company as an analyst or coordinator. Collect and organize data for analysis. Assists with the analysis of data both internal and external.

Analysis 49

Analysis HR Software HR Planning Staffing Software 49

Analytics in HR

FEBRUARY 28, 2024

Types of HR analytics Different data analysis methods provide insight and identify trends within data. However, an analysis of the hiring process revealed that successful candidates could be predicted with 86% confidence from just four interviews. Without identifying and correcting this you may end up with a faulty analysis.

HR Planning 112

HR Planning Analytics HR Software Hiring Software 112

The HRX

APRIL 2, 2019

How employee sentiment analysis works. That’s where sentiment analysis comes. Many organizations already have a feedback system in place, and a wealth of data is already sitting and waiting for analysis. Sentiment analysis software takes a look at all employee survey. Online review analysis supports risk management.

Sexual Harassment 51

Sexual Harassment Analysis Harassment Compliance Training 51

HRsoft

APRIL 12, 2020

When your company adjusts is salary ranges, performing a compensation analysis enables you to make sure pay decisions align with both internal and external considerations, such as market trends and company objectives. Performing a full analysis can be complex, but compensation analysis software can help.

Planning Tools 84

Planning Tools Analysis Compensation Software 84

Hospital Recruiting

MAY 7, 2020

In a list of 15 items, compensation, surprisingly ranked number 13 in the ratings. . Topping the list was personal fulfillment, followed by being involved in the decision-making process. The third and forth rated impactful areas were being valued by their organization and being recognized for their work. Staffing level satisfaction.

Recruiting Software 65

Recruiting Software Survey Analysis Recruitment 65

EmployeeConnect

MARCH 15, 2023

On the one hand, there is high inflation which is making every company implement a compensation strategy for the employees. So, employers will have to tread the path of work compensation carefully. This article will discuss the top trends in the compensation strategy in 2023 and help you understand its mechanics in detail.

Compensation 130

Compensation HR Software Bonuses and Incentives Strategy 130

Analytics in HR

AUGUST 9, 2022

That’s why employee turnover data analysis is a valuable tool in your HR arsenal. Let’s dive into all you need to know about employee turnover data analysis! Contents What is employee turnover data analysis? Why conduct employee turnover data analysis How to conduct employee turnover data analysis.

Analysis 123

Analysis Data Retention and Turnover Hiring Software 123

Trusaic

MARCH 23, 2021

Conduct a Pay Equity Analysis. What kind of expertise is required to conduct a pay equity analysis? Most employers are not equipped to conduct this analysis on their own, which requires regulatory, data science, and statistical expertise. The post Conduct a Pay Equity Analysis This Equal Pay Day first appeared on Trusaic.

Analysis 130

Analysis Assessment Software Interview Software Recruiting Software 130

Trusaic

APRIL 23, 2024

Part I focused on Compensation Philosophy Review and Pay Analysis Group formation and testing. Part III focused on Tainted Variable Analysis and Root Cause Assessment. A common question I hear is, how often should I conduct a pay equity analysis? One way to do this is to take advantage of your pay equity analysis.

Hiring Software 130

Hiring Software Analysis Assessment Software Compensation 130

Compensation Cafe

JANUARY 30, 2019

Consider a Classic lesson on how labor force analytics can build a bridget between recruiting and compensation to solve skill shortage problems. The EMSI study (of which I have provided only a cursory overview here) raises some interesting questions and possibilities for both recruiting and compensation.

Compensation 40

Compensation Recruiting Software Recruitment Hiring Software 40

Visier

JUNE 26, 2017

Talking compensation and promotions with your employees can be a tricky business, yet many managers make these costly (and sometimes time-sensitive) people decisions based on hallway conversations and gut feel. Here are some common scenarios where data-driven cohort analysis can aid in making better decisions: Improving Compensation Reviews.

Analysis 201

Analysis Assessment Software Hiring Software Comparison 201

HR Lineup

FEBRUARY 1, 2024

In the dynamic landscape of human resources, managing compensation is a crucial aspect that directly impacts an organization’s ability to attract, retain, and motivate employees. Compensation goes beyond just the salary paid to employees and includes various elements designed to reward and recognize their contributions.

Compensation 62

Compensation HR Planning HR Software Bonuses and Incentives 62

Analytics in HR

JANUARY 25, 2022

Thorough compensation planning allows your organization to create compensation systems that reward employees fairly and support business goals. What exactly is compensation planning, what are its objectives, and how do you go about compensation planning in practice? Contents What is compensation planning in HR?

Planning Tools 120

Planning Tools HR Planning Compensation Hiring Software 120

Professional Alternatives

NOVEMBER 30, 2023

With their proficiency in financial analysis and reporting, they provide accurate and timely information that enables informed decision-making. With their expertise in financial analysis, they can identify cost-saving opportunities, streamline processes, and optimize financial performance.

Staffing Software 52

Staffing Software Analysis Recruiting Software Team Building 52

HRsoft

JANUARY 26, 2020

When your company adjusts is salary ranges, performing a compensation analysis enables you to make sure pay decisions align with both internal and external considerations, such as market trends and company objectives. Performing a full analysis can be complex, but compensation analysis software can help.

Analysis 64

Analysis Planning Tools Compensation Software 64

Analytics in HR

OCTOBER 12, 2022

Headcount planning and analysis help HR professionals to assess the current and future headcount needs within the budgetary needs of the organization. However, some common mistakes can occur when conducting a headcount analysis. Contents What is a headcount analysis? What is a headcount analysis?

Analysis 122

Analysis HR Software Hiring Software Planning Tools 122

Workable

FEBRUARY 17, 2023

Fostering a positive environment that supports team members as people instead of human capital is important, and in many instances, those initiatives are actually part of a compensation strategy, but a generous compensation package is a surefire way to catch the attention of quality candidates and establish loyalty with high-performing employees.

Compensation 118

Compensation Hiring Software Recruiting Software Staffing Software 118

Zenefits

JANUARY 8, 2019

One of the main benefits of a good compensation management system is pay equity, but there are ample other benefits, like aiding in budget creation, attracting recruits, reducing turnover, and more. What is compensation management? Compensation managers are an important asset to the company’s success.

Compensation 31

Compensation Hiring Software Staffing Software HR Software 31

HRsoft

NOVEMBER 27, 2019

If you’re considering compensation analysis software for your organization, you may be shopping around to find the best fit for your needs. There are many factors to consider, including your company’s specific compensation planning processes and its technology budget. 5 Features to Look for in Compensation Software.

Planning Tools 69

Planning Tools Analysis Compensation Software 69

Insperity

JUNE 8, 2023

The answer: Compensation benchmarking. What is compensation benchmarking? Compensation benchmarking is the process by which compensation professionals on your human resources (HR) team analyze salary data in the marketplace for each specific job at your company. The compensation benchmarking process 1.

Benchmarking 95

Benchmarking Compensation Hiring Software Survey 95

Analytics in HR

DECEMBER 22, 2023

One of the first things employees look at before even receiving a job offer is their compensation package. of employees rank compensation as the top factor in job satisfaction. So, how do you craft a total compensation package that resonates with a diverse workforce? Contents What is a compensation package?

Compensation 82

Compensation Bonuses and Incentives HR Software Hiring Software 82

Trusaic

DECEMBER 19, 2023

Moreover, of those taking action on pay equity, 80% have an ongoing process for conducting a pay equity analysis. Conceptually, the raw pay gap consists of two components: Explained pay gap: One component reflects the extent to which pay differs by demographic group due to relevant differences in compensable factors.

Analysis 130

Analysis Compensation Assessment Software Hiring Software 130

HRExecutive

AUGUST 3, 2020

This is the second in a series on compensation during the pandemic. The coronavirus pandemic has upended scores of traditional HR structures: hiring, recruiting, onboarding and compensation. Read the first installment here. *. Advertisement. Related: Will other employers follow Google’s latest remote plan? Ben Carter.

Compensation 138

Compensation Hiring Software Onboarding Software Planning Tools 138

Cezanne

MARCH 14, 2024

3 steps to aligning compensation planning with organisational goals in summary: In this blog, we look at the 3 steps HR professionals should take to ensure their compensation planning strategy aligns with organisational goals. This is the north star that shapes strategic compensation planning. Now, that might sound like a lot.

Compensation 52

Compensation Planning Tools Bonuses and Incentives HR Software 52

Analytics in HR

DECEMBER 13, 2022

Exit interview data analysis is the key to making the most of your exit interview process. The exit interview data analysis process. The exit interview data analysis process. Here is an overview of the 7 steps involved in conducting a data analysis with your exit interview data: 1. Contents What is an exit interview?

Interview Software 97

Interview Software Analysis Hiring Software Data 97

Analytics in HR

JUNE 22, 2022

In the competitive candidate market, organizations need to get their compensation strategy right. That’s why a compensation analyst is a fast-growing role and a career path worth considering. Let’s explore the role of a compensation analyst and how you can become one. Contents What is a compensation analyst?

Compensation 84

Compensation HR Planning HR Software Interview Software 84

Decusoft

SEPTEMBER 19, 2023

Guest Blog from Steve Goldberg, HCM Industry Analyst, Advisor, Influencer The context Anyone leading a compensation team or function is keenly aware that ‘comp planning’ activities can take the most time, and surrounding complexities can be plentiful. And it’s not just organizational structures and reporting lines that might be fluid.

Planning Tools 69

Planning Tools HR Software Assessment Software Compensation 69

Lighthouse

NOVEMBER 8, 2021

Companies often spend more time managing their petty cash drawer than they do thinking about the strategic importance of their compensation systems and structure. . There are a greater number of employers using compensation management technology than any previous measurement period. Critical Drivers for Compensation Vendor Selection.

Interview Software 130

Interview Software Planning Tools HR Software Recruiting Software 130

Trusaic

SEPTEMBER 2, 2020

Pay equity audits identify the factors that drive differences in base pay and broader measures of overall compensation, including equity awards, as well as health and retirement contributions. If not, is this due to workforce composition changes, weakness in high-compensation containment, or other factors?

Analysis 130

Analysis Hiring Software Diversity Assessment Software 130

Compensation Cafe

SEPTEMBER 15, 2020

In order to effectively manage reward programs compensation practitioners and their senior management leaders need to understand how competitive those programs are. In making that determination, though, just how precise does the analysis have to be? Does the effort to squeeze out greater precision bring more meaningful results?

Analysis 59

Analysis Compensation Survey Trends 59