Analytics in HR

JULY 31, 2023

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Administers employee benefits and compensation that enhance employees’ satisfaction and financial security.

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HR Planning Resources Hiring Software Onboarding Software 58

Analytics in HR

MARCH 7, 2022

Ignoring compensation issues at your organization can lead to unhappy workers, low morale, decreased productivity, and increased turnover. Hence, your Human Resources and/or Compensation & Benefits department must ensure the compensation you offer to your employees is appealing enough to keep your team happy.

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Compensation COMPAS Background screening HR Planning 89

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?

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Compensation HR Planning HR Software Interview Software 85

Compensation Today

JUNE 14, 2017

Next week, June 18 – 21, the PayScale crew is off to New Orleans for SHRM17 Annual Conference and Exposition. We have two awesome prizes we’re raffling off: Trip to our own Compference 2017 , the modern compensation event featuring over 500 compensation leaders. Mykkah Herner , Modern Compensation Evangelist. Let’s talk.

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Payscale Conference Compensation Planning Tools 79

Decusoft

NOVEMBER 5, 2021

Getting compensation right can be tricky – that’s why businesses perform due diligence and conduct benchmarking surveys. Compensation was always important, but it’s even more critical in the aftermath of the pandemic. Compensation Specialization. Compensation is so complex, it’s become a specialty within HR.

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Compensation Strategy Payscale Hiring Software 52

Compensation Today

JUNE 20, 2017

Every day, PayScale products and services help compensation and HR pros ideate, create, roll out and manage forward-thinking comp plans. With that in mind, we recently launched a new Support Center to help PayScale product users with key activities like benchmarking, running reports and utilizing structure and analytics tools.

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Compensation Payscale Planning Tools Benchmarking 63

Compensation Today

MARCH 20, 2017

Every day, companies make intentional decisions about their business: should they expand their products or services, is the time right to open new locations, are they ready to add jobs and headcount? One intentional decision that too many companies aren’t making: establishing their compensation strategy. Click To Tweet.

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Compensation Strategy Hiring Software Planning Tools 81

Tandem HR

FEBRUARY 9, 2022

While compensation is only one factor for recruiting and retaining talent, it is critical to your overall HR strategy. Whether initiating or updating your compensation strategy and philosophy, the following best practices may help guide your process and decisions. This essential business asset deserves a well-crafted strategy.

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Compensation Strategy Retention and Turnover HR Planning 52

Zenefits

DECEMBER 29, 2021

As the workforce moves towards more freelance, contract, and part-time engagements, companies need to make sure they are compensating their employees in a way that meets today’s work style. Creating a compensation philosophy that aligns with your company strategy is one way to strengthen hiring and retention.

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Payscale Strategy Hiring Software Bonuses and Incentives 36

Compensation Today

MAY 15, 2017

In years past, PayScale has faced crossed arms, skepticism, and comments like, “I don’t believe in user-submitted data,” because we were doing something different (innovating?) in the world of compensation management. Of course, we have changed too, as we deliver on our vision for modern compensation. Not this year.

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Compensation Payscale Trends ATS 84

Compensation Today

JULY 5, 2017

.” Agile is often associated with managing products — and the work that goes in to building and maintaining those products — in increments. You may ask, how is product management like compensation management? How Agile Facilitates Easier Compensation Planning. Simply, the work is never done.

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Compensation Change Management Benchmarking Planning Tools 70

Decusoft

NOVEMBER 15, 2021

It fuels productivity, efficiency and financial performance even while it helps attract and retain a diverse workforce. But when there’s a bias or even discrimination in compensation practices, there’s a disruption of the talent pool that can lead to disengagement, lower productivity and financial losses.

Wage and Hour Training 105

Wage and Hour Training Payscale Recruiting Software Compensation 105

Compensation Today

JULY 26, 2017

As a PayScaler and a people manager, one of my all-time favorite features of our PayScale Insight product is the (newly updated!) Employee Compensation Report , which enables managers to communicate with employees about their total compensation reports. DO: Share total compensation reports with your employees.

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Compensation Report Payscale Bonuses and Incentives 62

Vantage Circle

SEPTEMBER 8, 2021

As a leader, compensation planning is one of the skills you will need to master. One of the most important aspects of organizational planning is having a compensation plan that rewards employees and provides competitive pay. The bottom line is that the better your compensation strategy is, the better your retention rates.

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Compensation HR Planning Planning Tools Wage and Hour Training 52

Cornerstone On Demand

NOVEMBER 10, 2015

" The lack of communication around compensation leads employees to make their own assumptions about their worth — and how their paychecks stack up to their peers. Together, these findings underscore the importance of clear and honest communication with your employees about their compensation and their value within the company.

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Payscale Globoforce Compensation Talent Management 170

Compensation Today

SEPTEMBER 27, 2017

You use Insight to price and track jobs and stay ahead of the curve in compensation. And why is using crowdsourced data to inform compensation decisions one of the most powerful ways to hire, engage and retain great talent? At #Compference17, go behind-the-scenes to see how PayScale's Insight product can modernize your comp.

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Compensation Today

MARCH 28, 2016

Hedge Stahm, Marketing Segment Manager, PayScale Human capital is a company’s most important asset. To keep employees engaged and productive, companies must compensate them appropriately—without overpaying them and running the risk of eroding the bottom line. Impact on revenue Compensation is directly tied to your revenue.

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Compensation Recruiting Software Payscale Human Capital Management 40

HRExecutive

OCTOBER 21, 2020

In line with her career-long interest in D&I, PayScale in August published a report called How to Pay Remote Workers, which suggests that remote work could foster more diversity and help close racial and gender pay gaps even after the COVID-19 threat has passed. “I couldn’t see that visibility of their performance.

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HR Software Payscale Onboarding Software Talent Experience 138

Compensation Today

JUNE 15, 2017

PayScale’s annual event, Compference – the modern compensation event for comp professionals, HR professionals and business leaders, will be here before you know it. Dani Kopecky, Compensation Analyst at Integrated DNA Technologies. Linda: PayScale Crew. Julie: Meeting other compensation geeks like me.

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Payscale Planning Tools HR Software HR Planning 82

Compensation Today

MAY 25, 2017

Building a compensation plan from scratch can be intimidating if you don’t know where to start. At PayScale , we’ve been talking with companies for years, helping them develop their compensation strategies, build their pay ranges, and train their managers to better communicate compensation across the organization.

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Compensation Exercises eBook Payscale 46

HR Digest

MAY 4, 2021

Getting pay right for remote workers requires a thoughtful and well-articulated approach to compensation To get a fair compensation package for remote workers, certain factors must be considered. Employers now realize that remote work is not less productive than work in an office. This is the model adopted by most companies.

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How To Compensation Payscale Talent Experience 98

Compensation Today

MAY 22, 2017

There are also dozens of educational sessions to look forward to, on relevant topics like product how-tos, customer success stories, trends in compensation data and communicating comp at all levels of the organization. and we’ll be exploring how compensation plans impact company culture. Compference 2017 is a steal of a deal.

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Payscale HR Planning Compensation How To 70

Compensation Today

JUNE 19, 2017

This year’s Compference (#Compference17), the modern compensation event for comp professionals, HR professionals and business leaders, is packed with educational sessions and actionable insights. Kari Van Hoof, Compensation Professional II at Payscale. Chris Martin, Lead Data Analyst at PayScale. GET A DEMO.

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Payscale BambooHR Compensation Hiring Software 63

HRExecutive

APRIL 4, 2019

A Crystal Ball for Compensation. PayScale, a compensation-software company, now provides customers with access to company-sourced compensation data collected from more than 2 million employees at 1,143 companies. The post Products & Services appeared first on HRExecutive.com.

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HR Software Assessment Software Planning Tools Interview Software 40

HR Digest

AUGUST 3, 2023

According to a salary budget survey conducted by Payscale, more than three-fourths of U.S. It’s a win-win situation – happier employees and a more productive workforce. In 2023, the labor market was a wild rollercoaster ride for both employers and employees. A ray of hope for workers, right? Well, not so fast.

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Payscale HR Planning Survey Trends 98

Compensation Today

JULY 8, 2015

By Tess Taylor, PayScale Senior Blogger and Mykkah Herner, PayScale Director of Compensation Everywhere you turn, there’s more news about big companies like Target, McDonald’s and TJ Maxx raising the minimum wage. But as any savvy professional knows, wages are only a piece of the total compensation puzzle.

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Compensation Wage and Hour Training Payscale Training 40

Analytics in HR

AUGUST 29, 2023

HR manages a spectrum of responsibilities, including recruitment , onboarding , training, employee relations, compensation , benefits administration, and compliance with labor laws. It’s about aligning individuals to the company’s culture for better productivity and engagement. What is human resource management?

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HR Planning HR Software Recruiting Software Hiring Software 86

Compensation Today

SEPTEMBER 28, 2017

If you’re already using PayScale’s Merlin (or even still just dreaming about it) I highly recommend these four sessions to make sure you go home on Wednesday ready to wow your company with ways to get even more out of this great product. Understanding PayScale Data”. Innovation in PayScale Data”. Click To Tweet.

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Payscale Compensation Time and Attendance Survey 44

Compensation Today

AUGUST 15, 2016

As HR and Compensation professionals, our professional development budgets are often the first to get cut, but if I’ve learned anything these past nail-biting days, it’s that training matters. Compference16 is the next step to winning gold in Compensation! 4 Hear how folks are using our products. Click To Tweet.

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Compensation Compliance Training Training Payscale 40

Analytics in HR

OCTOBER 27, 2023

What is compensation and benefits? Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. Overall compensation is the top factor that job seekers consider when accepting a new job. What is the difference between compensation and benefits?

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Compensation Wage and Hour Training COMPAS Bonuses and Incentives 111

GetFive

SEPTEMBER 24, 2021

My singular responsibility is to securing and maintaining the civil liberties of all those we employ during the course of a production.” PayScale, a compensation data and software firm, analyzed 538,438 salary profiles collected from July 2019 to July 2021 and surveyed 682 employers from June through August 2021.

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HR Software Payscale Hiring Software Bonuses and Incentives 52

Decusoft

NOVEMBER 15, 2021

It fuels productivity, efficiency and financial performance even while it helps attract and retain a diverse workforce. But when there’s a bias or even discrimination in compensation practices, there’s a disruption of the talent pool that can lead to disengagement, lower productivity and financial losses.

Wage and Hour Training 52

Wage and Hour Training Payscale Recruiting Software Compensation 52

Compensation Today

SEPTEMBER 11, 2015

Rita Patterson, Onboarding Team Lead, PayScale Convinced that communicating comp means exposing every employee salary to the masses? Think you can’t communicate comp until you have a fully detailed, flawlessly executed Compensation Constitution in place? Are you ready to take the pay transparency challenge ?

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Compensation Payscale Onboarding Study 40

Compensation Today

OCTOBER 21, 2015

Taylor, PHR, SHRM-CP, PayScale Senior Blogger Just because your organization has an established compensation plan doesn’t mean it’s working well anymore. Now, I don’t want to scare you, but I do want to educate you on some of the symptoms of a compensation strategy that’s about to fail. If you don’t speak up , who will?

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Compensation Strategy Payscale Hiring Software 40

HR Digest

JULY 11, 2021

According to PayScale , in a survey of over 160,000 people, nearly 40% of the people surveyed said that they got what they asked for in their increase. PayScale reported that the most common reason employers said no to a requested raise was due to budgetary constraints—a rationale that many respondents said they didn’t believe.

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Payscale HR Planning How To Survey 98

Analytics in HR

NOVEMBER 1, 2022

Human resources specialists perform specific HR functions like recruitment, training and development, compensation and benefits, rewards, and employee relations. Compensation and benefits. Compensation and benefits specialists handle employees’ compensation and benefits. What is a human resources specialist?

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HR Planning Resources Hiring Software Onboarding Software 122

Compensation Today

JULY 28, 2017

It’s only when we see pay in the context of the emotional landscape of an employee that we’re able to frame the compensation conversation in a way that yields a favorable outcome. And in terms of compensation, the “Value” element is especially relevant. Learn More About Our Compensation Software. Download the full ebook here.

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Payscale eBook Compensation BambooHR 77