EmployeeConnect

APRIL 9, 2024

In the modern workplace, where attracting and retaining top talent is paramount, the realm of compensation and benefits management stands as a crucial pillar of employee management strategies. This involves analysing salary surveys, consulting with compensation experts, and benchmarking against peer organisations.

Compensation 130

Compensation Assessment Software HR Software Benchmarking 130

Compensation Cafe

NOVEMBER 5, 2020

One of the multiple hats I wear as a Compensation Consultant is working with executives in transition, helping prepare them for the employment offer so eagerly sought. Compensation : Thumbs up or thumbs down? What Compensation Does. The first two participants in this internal triumvirate have well-known roles to play.

Compensation 59

Compensation Recruitment Hiring Staffing 59

Analytics in HR

JANUARY 19, 2021

Compensation analysis is vital to providing fair, equitable compensation. Smart organizations know that providing the right compensation is one of the key pillars to attract and retain the best talent. The purpose of this guide is to provide a basic understanding of compensation analysis and its associated benefits.

Analysis 63

Analysis Compensation HR Software Hiring Software 63

Keka HR Blog

MARCH 31, 2023

The criticality of HR reporting for an organization’s success cannot be overstated. In fact, organizations that make use of HR reporting are more likely to be successful in achieving their business goals. We’ll explore the world of HR reporting further in detail and help you optimize your HR function and drive business success.

HR Software 52

HR Software HR Planning Hiring Software Report 52

Compensation Cafe

DECEMBER 10, 2021

But how many of us have read our company's annual report ? It's a good thing that no one's talking, too, because our work doesn't deserve even a "meets expectations" unless we read the annual report each year. Worried that you won't understand what the terminology and numbers in the annual report mean? Follow the money.

Report 52

Report Compensation eBook Staffing 52

Compensation Cafe

JANUARY 27, 2020

Editor's Note: Is your manager training on compensation failing to get the job done? Here's a look at a few ways compensation training could become far more effective. In our world of performance management and compensation, each department or division has different employee performance and talent management demands.

Compensation 52

Compensation Compliance Training Training Staffing 52

Trusaic

JULY 14, 2022

Nearly a year later, the Irish government released the regulations outlining gender pay gap reporting obligations for employers. The Act requires certain employers to first choose a reporting “snapshot date,” and then publish their gender pay gap report six months after that date. Affected employers. Regulations overview.

Report 225

Report Wage and Hour Training Compensation Assessment Software 225

Trusaic

JANUARY 25, 2024

A federal court in California has ordered the Office of Federal Contract Compliance Programs (OFCCP) to release the EEO-1 reports of federal contractors. If no appeal is made, the remaining EEO-1 reports must be released in line with the FOIA request. In November 2022, the CIR sought the release of the remaining EEO-1 reports.

Report 130

Report Background screening Discrimination Data 130

HR Bartender

AUGUST 10, 2017

Is there a general rule of thumb for how much additional money a manager in a corporate setting should be paid based on the number of direct reports they have? To help us understand employee compensation, I asked Ann Bares if she would share her expertise and, lucky for us, she said “yes”. Any help is greatly appreciated!

Compensation 238

Compensation Report HR Software Productivity 238

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

HR Brew

APRIL 5, 2024

The company still has diversity goals and shares its progress toward them in its annual impact report. More than half of the S&P 500 companies tied diversity and inclusion to executive pay as of last summer, the Financial Times reported. Instead of mentioning DE&I, the incentive program now refers to “talent.”

Bonuses and Incentives 343

Bonuses and Incentives Metrics Compensation Diversity 343

15Five

APRIL 6, 2022

Since feedback is hard to come by, separating compensation and focusing on performance during the review process is necessary. Should you tie compensation and performance reviews together? For nearly 60% of organizations, compensation and performance decisions are made simultaneously. Did they notice a difference?

Compensation 200

Compensation Planning Tools HR Software Study 200

HRExecutive

JANUARY 12, 2024

As employers strive to remain both compliant and competitive, experts say, they need to conduct a comprehensive evaluation of their compensation strategy and ensure it is rooted in a strong pay philosophy. according to a Paycom report. per hour for non-exempt workers. The minimum wage in the remaining states ranges from $8.75

Compensation 108

Compensation Wage and Hour Training Strategy Hiring Software 108

Trusaic

SEPTEMBER 26, 2023

January 2023, saw the adoption of the EU’s Corporate Sustainability Reporting Directive (CSRD). From as early as January 2024, companies across the EU’s 50 member states must comply with CSRD Reporting Standards. The number of companies affected by sustainability reporting obligations is predicted to rise from 11,700 to 50,000.

Report 130

Report Background screening Compliance Data 130

Trusaic

SEPTEMBER 21, 2023

Sustainability reporting is expanding across all industry sectors. Foremost among these is the EU’s Corporate Sustainability Reporting Directive (CSRD) , which takes effect in 2024. What does it mean for global pay equity reporting? What does IFRS Reporting require?

Report 130

Report Benchmarking Compliance Diversity 130

HR Workplace Services

DECEMBER 14, 2020

Click here to read the new Internal Revenue Service (IRS) Tax Tip: How to report nonemployee compensation and backup withholding … The post IRS: How to Report Nonemployee Compensation & Backup Withholding appeared first on HRWS.

Compensation 96

Compensation Report How To 96

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

Thrive TRM

APRIL 1, 2024

While median executive compensation grew 2% YoY last year, one of the hidden developments was that executives who spent 3-5 years in their prior role saw a larger annual growth in compensation than others. The post Executive Search Trends Report [03.30.2024] appeared first on Thrive TRM.

Trends 52

Trends Report Compensation Recruitment 52

Bob

SEPTEMBER 20, 2022

Prospective employees demand higher salaries, better perks, and more flexibility, and many companies are adjusting their compensation packages to attract the best talent. Compensation benchmarking also considers geographic location, company size, years of experience, and education level, to ensure accurate and relevant data.

Benchmarking 148

Benchmarking Compensation Planning Tools Recruiting Software 148

COATS Staffing Software

NOVEMBER 29, 2022

workers for their annual Job Seeker report will offer an inside look at workers’ thoughts and actions and give your staffing agency a heads up on where to focus your attention. As 40% of workers report high employee turnover at their organization and an increase in their workloads, they are feeling increased stress levels and burnout.

Staffing Software 26

Staffing Software Hiring Software Onboarding Software Recruiting Software 26

Bob

FEBRUARY 26, 2024

Companies worldwide have made compensation discussions a top priority, due in part to a rising number of countries enacting regulations addressing pay transparency and inequity. Therefore, companies must have access to up-to-date compensation data for reporting purposes and a strategy in place that ensures fair pay without bias.

Compensation 78

Compensation Talent Experience Strategy Hiring Software 78

Trusaic

APRIL 19, 2023

The EU Pay Transparency and Pay Data Reporting Directive will introduce binding pay-transparency rules across the EU to tackle the gender salary gap. The directive primarily includes measures related to Pay Transparency, Pay Data Reporting, applicable reporting entities, and enforcement and penalty mechanisms.

Report 147

Report Data Discrimination Compensation 147

Trusaic

APRIL 25, 2023

For employers doing business in California (which encompasses a significant number of employers around the country), the deadline for submitting SB 1162’s required pay data report including annual mean and median pay data is looming—Wednesday, May 10, 2023. The law amends SB 973 and affects employers, including non-profits.

Report 130

Report Data Wage and Hour Training Meeting 130

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

Trusaic

JUNE 6, 2023

In April 2023, the UK government published new guidance for employers on how to measure, report on and address ethnicity pay differences within their organizations. Here we consider how to collect, track, and analyze ethnicity data for companies which voluntarily publish ethnicity pay gap reports. since 2017.

Report 130

Report Hiring Software Planning Tools HR Software 130

Thrive TRM

MARCH 1, 2022

High demand means candidates are in control of the conversation (and compensation packages). Compensation is pacing inflation, and candidates are favoring remote or hybrid options. Download Thrive’s 2021 Executive Compensation & Talent Benchmarks Report. Notable executive search trends. HR Roles are High in Demand.

Benchmarking 52

Benchmarking Compensation Report Trends 52

PeopleKeep

DECEMBER 29, 2023

Offering health benefits as part of your compensation package is an excellent way to attract and retain employees. Employers that offer health benefits need to fully understand their income tax reporting obligations to avoid penalties from the IRS.

Report 105

Report Compensation How To Employee Benefits 105

Trusaic

JULY 13, 2021

Earlier this year we spoke in a webinar on pay data reporting with Hacking HR. The focus of our presentation related to California’s SB 973 and the employee pay data reporting requirements. . See below answers to six questions we were asked during the webinar: Q: We report under one FEIN but have over 100 locations.

Report 130

Report Data Wage and Hour Training Comparison 130

Trusaic

MAY 17, 2022

The United Kingdom’s gender pay gap reporting data for 2021 is in. And an analysis of the 2021 reporting year by Lewis Silkin suggests the efforts are paying off: the pay gap appears to be shrinking. . Interestingly, there has been an increase in employers with fewer than 250 employees voluntarily reporting their gaps.

Report 130

Report Analysis Discrimination Trends 130

Bob

FEBRUARY 28, 2024

Competitive compensation and benefits like these are fundamental to attracting and retaining top talent, meeting a team’s needs, keeping people engaged, and fostering a healthy working environment. The post Employee benefits: How to get the most out of your compensation packages appeared first on HiBob.

Compensation 78

Compensation Employee Benefits How To HR Software 78

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. . In our new research report which includes responses from more than 800 employers, we found some noteworthy and surprising changes occurring in the market.

Interview Software 130

Interview Software Planning Tools HR Software Recruiting Software 130

Trusaic

JANUARY 24, 2022

The Workforce Investment Disclosure Act of 2021 in its current form seeks to rectify these issues by providing organizational reporting on demographics, compensation, recruiting, and other policies and procedures to reduce discrimination and increase employee job satisfaction, performance, and engagement. .

Report 130

Report Hiring Software Retention and Turnover Bonuses and Incentives 130