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Promotions have slowed. Why HR needs to pay attention

HRExecutive

Advertisement - Those of us who are older will remember the days when compensation systems were driven by promotions: Your pay was largely tied to your job title; the way you got ahead in terms of pay was to get promoted. In the first two years on the job, only 4.5% got promotions.

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How Does CPI Relate to Wage Increases?

HR Daily Advisor

CPI may also be specifically noted as the benchmark in wage escalation clauses, such as those often found in collective bargaining agreements. Specify the benchmark date so that you have a point of comparison. What do you use as a benchmark for these changes? There are also national CPI measurements.

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How to Create a DEI Dashboard for Your Organization in 7 Steps

Analytics in HR

In 2014, leading tech companies, including Apple and Google , began releasing annual diversity reports on their workforce. Do we have equitable compensation practices? year-on-year comparisons, etc.). Compensation data can help you conduct a pay equity analysis , identify pay gaps between demographic groups, and minimize these.

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Employee Benefits 101: An Employer Guide for Growing Companies (Part One)

Namely

Different employees have different pressing priorities—medical, dental, life insurance, worker’s compensation, disability insurance, you name it. While talking to your people, also benchmark what your competitors’ plans look like. For comparison’s sake, only 23% of part-time workers had medical care benefits available.

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Digging Into Executive Pay: Is It Really Out of Control?

TLNT: The Business of HR

It might be because I’ve seen corporate compensation rationalization at work for too long. Larry Merlo, but I had to start somewhere and his pay is justified by current standards using peer group CEO pay as a benchmark. In 2014, his base salary was $1,350,000 and he did not receive a raise from the prior year. He’s not alone.).