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4 Tips for Your Compensation Planning from the Banking Industry

HR Daily Advisor

It’s no secret that the recession of 2007/08 resulted in an array of new regulations, especially in the financial services arena. We spoke with Kathy Smith, President of Bank Compensation Consulting to find out how the industry’s highly regulated environment has led to creative compensation solutions—many of which can apply to any industry.

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15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Quick Summary This blog lists the Top 15 HCM Software Platforms after a rigorous review of the top-performing HCMs in the HR space in 2024. Key Features of HCM The must-have features of Human Capital Management (HCM) software can vary based on an organization's specific needs and goals.

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5 Ways to Fine Tune Talent Acquisition with an Eye on Recession

HR Morning

From 2007 to 2009, the Great Recession swallowed up 8.7 While recruiters and hiring managers are currently struggling with a scarcity of skilled candidates, the deluge of applicants that come with a recession is hard for any team to manage without strong technology. Assess Incentive and Retention Plans. million U.S.

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Strategic Workforce Planning 101: Framework & Process

Analytics in HR

In this guide, we’ll explore what strategic workforce planning is, how it can benefit your organization, and the best strategic workforce planning tools and framework to help you get started with planning your workforce. By putting all these numbers in one overview, we have a relatively simple way of assessing how staff will grow.

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What Is Evidence-Based HR? Examples, Benefits, and Decision-Making Steps

Analytics in HR

Its HR team employed tools and analytics to better understand the risk pertaining to their numerous incentive plans. Now for a case of how evidence-based HR principles could have saved one employer a great deal of money: The city of New York invested $75 million in incentive payments for teachers in 2007. Internal company data.

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This game developer CHRO has found a winning talent strategy

HRExecutive

While the organization, founded in 2007 and known for developing such games as Words with Friends and FarmVille, has long had a standout culture—rooted in collaboration and innovation—it had gone through a “rough patch,” Ryan says, with a downturn in morale and business outcomes, making it harder to both recruit and retain top talent.

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FTC Issues a Guide to Security for Businesses

Aurico

Factor it into the decision making in every department of your business – personnel, sales, accounting, information technology, etc. Limit administrative access Administrative access, which allows a user to make system-wide changes to your system, should be limited to the employees tasked to do that job.