article thumbnail

5 Best Compensation Planning and Analysis Tools in 2021

HR Lineup

Total Compensation Solutions (TSC) is a consulting firm founded in 2003 that offers independent human resource services. This company has been in the market for more than 40 years, helping leading organizations to benchmark excellent and effective compensation programs. Compensation Venture Group. Total Compensation Solutions.

article thumbnail

12 Organizational Health Metrics HR Should Know

Analytics in HR

In addition, Mckinsey found that between 2003 and 2011, healthy companies generated returns to shareholders that were three times higher than unhealthy companies. Typically, new hires are not included within this group as the new hire turnover rate can be calculated for these employees. Benchmark data will help with this.

Metrics 126
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Curbing Employee Turnover Contagion in the Workplace

Visier

The deadly 2002-2003 SARS outbreak remained an epidemiological mystery for over a decade. As emotional contagion researcher Sigal Barsade writes , employees “routinely ‘catch’ each other’s feelings when working together in groups.” Turnover rates are often significantly higher in one group than in the overall employee population.

article thumbnail

Performance Management Not Meeting Expectations? Remember the Goal.

Newmeasures

Moreover, this translates into 51% stronger performance than competitors on financial measures such as profit and stock price (Bernthal, Rogers, & Smith, 2003). HR Benchmark Group, 4(2) , 1-38. Unfortunately, many performance management systems are poorly designed and/or administered. References. Bernthal, P.R., Earley, C.

article thumbnail

How a Microsoft people analytics exec became one of HR’s Rising Stars

HRExecutive

Soon after, in 2003, a colleague in finance transferred to Microsoft’s HR department to launch an analytics team. As a result, Klinghoffer’s team shifted from measuring employee engagement to using employee thriving as an actionable benchmark. They define thriving as feeling energized and empowered to do meaningful work.

article thumbnail

The Complete Guide on Presenteeism (w. Example Intervention)

Digital HR Tech

It is particularly high among groups that experience a lot of stress, like nurses. The prevalence of presenteeism varies significantly by worker groups ( Steward et al., Interventions targeted to the groups most impacted by presenteeism will be most effective and cost-efficient. billion per year. was spent on workplace cost.

article thumbnail

Jordan Babineaux: “Responsibility”

Thrive Global

In 2003, my senior year, I earned NCAA All-America First-Team honors as a cornerback and kick returner. Competition is an effective way to help promote a culture driven by benchmarks and expectations. Our country’s systems were built to create divides of race and class and continue to oppress minorities and underrepresented groups.