What Are #HR Analysts and Why Should You Pay Attention To Them

HR Bartender

As a blogger, I’ve been fortunate to participate in events that I would not normally have attended when I was an HR Generalist. During those events, I learn about the companies, the products and services they provide, and how they meet the needs of human resources professionals. Since I’ve been attending user conferences, I’ve also had the opportunity to meet HR analysts from around the world. What is an HR analyst?

A Day in the Life of a Human Resources Director (HRD)

UpstartHR

This is another installment in our “Day in the Life” series, this time focusing on the HR directors out there. In case you missed one of the previous pieces, here is the full list: The average HR manager’s day What it’s like to be a recruiter The life of an HR analyst Read on below to learn about what those HRD’s do all day, including some funny comments, in-depth descriptions, and other helpful details.

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The Difference Between Being a Generalist and a Strategic HRBP

Something Different

<www.army-technology.com> A little under a year ago I read a working group summary from CAHRS titled “The Changing Role of the HR Business Partner” At the time much of the summary resonated with me… while other components of it remained abstract. And being able to do short-term workforce planning (e.g. I will add though that strategic HR is also about thinking in years (in addition) to weeks and months. HR Strategy hr human resources

Social Recruiting – It’s Time to Get on Board

The People Equation

What does the rise of social recruiting mean for the future of HR? According to career site Glassdoor’s 2015 Statistical Reference Guide for Talent Acquisition Professionals, a whopping 90% of Fortune 500 companies’ career sites don’t have mobile-friendly designs. Regardless of the stats, one thing is clear: employers need to embrace social networking technology as part of their recruitment plan. As part of this program, I received compensation for my time.

Technology Is Changing Human Resource Management – But Where Will It Go?

Hppy

Human Resource is one of those industries which does not quite make its way into science fiction books, and no kid grows up thinking of revolutionizing the technology inside this particular market. Traditionally, HR was always viewed as a paper-intensive, non-innovative area, where salary decisions are made, people get hired or fired and where team building sessions are organized. These challenges have sparked innovation inside HR departments across the world.

Proposed 2015 DOL Overtime Rule Changes: Primary Duty Test

HR Bartender

As you know, on July 6, 2015, the U.S. I know you’re planning to share with readers how they can get involved. The dollars to defend the litigation have to come from somewhere so a potential adverse consequence of a major change in this area is that employers may need to reserve for litigation money that had been reserved for its employees in terms of compensation and benefits. This result becomes even more likely if the California approach is adopted.

Human Resources Pros: How Not to Get WalMarted out of a Job

Compensation Today

How Not to Get Your HR Job Outsourced to a Consultant. A top news headline this week that retail giant Walmart plans to cut hundreds of jobs before the end of January –many in HR–may well have human resources professionals thinking, “Well, ‘Happy New Year’ to you too.” The fact that the retail giant also just signed on with Workday, an HR automation system, also doesn’t bode well. Why are they reducing HR headcount in the first place?

Every #HR Pro Should Own a Marketing Textbook

HR Bartender

The parallels between marketing and human resources are endless. As HR pros, we could really gain some creative inspiration from the principles of marketing. For instance, we can apply one of the most fundamental marketing models to our role in human resources. They can also be used to describe the concepts as they relate to human resources. Here’s my take on how the 4P’s aligns with HR. There. I said it.

The Reluctant HR Champion? It’s About Leading the Workplace Orchestra

TLNT: The Business of HR

Editor’s Note: This is the 11th of 12 essays from the new book, The Rise of HR; Wisdom From 73 Thoughts Leaders. It’s compiled by Dave Ulrich, Bill Schiemann and Libby Sartain, and sponsored by the HR Certification Institute. Dave Ulrich’s 1997 book, Human Resource Champions , helped capture the role of HR professionals for the modern world. It shifted the view of HR as a compliance function to HR as strategically valuable.

A Few Thoughts on Nonqualified Deferred Compensation Plans

Something Different

<www.financialsamurai.com> …So in my (seemingly never-ending) quest to learn everything I can about employer sponsored non-annuity based savings vehicles, I have spent a lot of time reading about nonqualified deferred compensation plans. This is important because qualified plans don’t allow high earners to put away a large enough percentage of their income to prepare for retirement. If you’re in HR or consulting, what are you seeing in the market?

The 2015 WorkHuman Fellowship Essay Contest

WorkHuman

or Canada who is passionate about HR, leadership, organizational psychology and creating a great place to work? We are excited to announce the WorkHuman 2015 Fellowship and Essay Contest. Three essay writers from North American universities will be chosen as our WorkHuman Fellows, and flown to WorkHuman 2015 to live-blog the event. ENTER TO WIN A WORKHUMAN 2015 FELLOWSHIP. Essay Contest Deadline: May 20, 2015. Win a trip to WorkHuman 2015!

At What Age Are Millennials Ready to Lead?

The People Equation

A whopping 75% of employers surveyed in 2015 believe that younger workers lack the “business and life experience required for leadership positions.” Still, if three-quarters of human resource executives are seeing a lack of leadership readiness in its younger workforce, clearly something is afoot. That means the talent management group (or HR department) must act more quickly to develop its workforce. As part of this program, I received compensation for my time.

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5 Reasons HR Needs a Seat in the C-Suite

Cornerstone On Demand

Human resources, of course — a department that rarely has influence in the C-Suite. Corporate culture is transmitted from the top down, so a culture that values its people first needs HR in the C-Suite. Succession planning — a strategic move that's often overlooked by senior management until a crisis arises — is one of the most important reasons to hire a CHRO. Increasing Bottom-Line Results. Talent Management HR Talent Management

CHRO 360

Compensation Planning Automation

HRsoft

Compensation planning plays a pivotal role in ensuring that your employees remain motivated to work for your company. Your best performers are always looking for the next best company where their talents can be better recognized and compensated for. A good compensation plan not only rewards them adequately for their performance, but also lets them know that your organization is the best place for them to continue shining. Traditional Compensation Planning.

Turbocharge Your HR Impact in 2015: Follow These 5 Clear Cut Steps

Visier

When I think of HR’s role in 2015, the turbocharger comes to mind. A strong talent function increases the power of a business engine — and 2015 is going to see extreme operating conditions for organizations worldwide. And if the impacts of the recent oil price crash are any indication, 2015 is going to be one heck of a roller-coaster ride. But if you follow the 5 steps in this post, you can cut through the competing priorities in 2015 and gain clarity.

Visier 163

A Look at the History of Human Resources & HR Certification Programs

Workology

This blog is part of a special series providing insights into HR certification. Look for a follow up article discussing HR certification options for our profession. In the HR profession, one of the most talked about, debated about and argued about topics over the last couple of years has been the topic of HR Certification. Five Characteristics to Define the Human Resources Profession. Biggest Fear of an HR Certification Program.

Will Compensation Remain Stagnant or Grow for 2015?

Compensation Today

percent growth year over year as of the third quarter of 2015. The question remains, will compensation increases remain slow to no-go for the remaining quarter of the year? The Society for Human Resource Management (SHRM) predicted a year ago that there would be a 3 percent increase in compensation for 2015, based on workforce data at that time. per hour on wages and benefits for each of their workers in March [2015]”. Tess C.

The Affordable Care Act and the Cadillac Tax: Looking Ahead to 2018

Something Different

<www.benefitspro.com> What does the future hold for employer-sponsored health-care plans? Benefits Compensation hr human resourcesFind out via today’s video from WorldatWork featuring James M. Zajac , CBP, CCP, GRP, Director – Comp and Benefits. Happy Friday!

7 Trends to Expect in 2015

Cielo HR Leader

As recruiters, talent acquisition professionals and leaders in HR, the importance of employee engagement, culture, job satisfaction and retention is often discussed. But with 2015 a mere blink away – if the past 365 days are any indication – morale in the years ahead cannot be an added bonus. Employee engagement and job satisfaction is one trend/challenge that appears to carry particular significance as we near 2015. Interestingly, compensation jumped from the No.

Benefits of Human Capital Software

HRsoft

Human capital management is an approach to employee staffing that perceives employees of an organization as assets whose value can be quantified and whose future value can be nurtured and enhanced through continuous engagement and investment. A company with good human capital capabilities supports the personal growth of employees within the organization through a series of engagement processes held responsible by managers and supervisors. . Compensation Management.

An Overview of Executive Benefits and Perquisites

Something Different

Sue Holloway, Senior Practice Leader at WorldatWork discusses the differences between benefits for executives and other employees, deferred compensation plans, supplemental executive retirement plans, plan design, and uses of nonmonetary compensation. …A big learning for me from this video is that a lot of supplemental executive retirement benefits and perks are not guaranteed in the way traditional pension plans are (i.e.

9 Compensation Mistakes that Will Hurt your Company

BambooHR

The post 9 Compensation Mistakes that Will Hurt your Company appeared first on BambooHR Blog. compensation General HR compensation plan mistakes open workplace pay raises transparencyPeople care about pay. Regardless of what they say, they do. It’s probably not the most important part of their job or the deciding factor when choosing a company or deciding to quit, but it does matters. Pay also matters to your company.

Total Compensation Definition: Understanding Compensation Communication

HRsoft

Digging deeper, the survey also found this: 66% of respondents feel that they are not being adequately compensated and do believe that basic pay is something that drives their decision to quit or stay. What is Total Compensation? But there is so much more to the concept of compensation than mere dollars and awards. The workforce must be aware of all the resources that the company invests in ensuring its growth and skill development.

Mitigating Compensation Planning from Spreadsheets to Software

HRsoft

It is not a secret that compensation planning plays a critical role in engaging and motivating your best employees. With that said, it is equally important that companies should conduct compensation planning the “right” way in order to see the best results from their efforts. It is interesting to note that a vast majority of companies in the market still conduct compensation planning using spreadsheets instead of software.

What’s the Appropriate Comp Structure For Your Company’s Life Cycle Stage?

Something Different

<ungerboeck.com> …So this morning I read a great piece from Jacque Vilet over at Compensation Cafe highlighting the way compensation plans must evolve based on the life stage of the company. With that said, this piece got me thinking about what compensation structure might make sense for a business based on its life cycle. A key focus is on cutting costs. Compensation hr human resources

The Increased Prevalence of DC Pension Plans is Going to Change the Way We Retire. How to Prepare?

Something Different

<www.forbes.com> …Okay, so this evening I was reading a white paper from Aon Hewitt (you can find it here ) that states the following: One of the key findings from this research is that there appears to be a welcome sense of realism among employees about their retirement prospects. and: This realism about retirement prospects also extends to the way in which DC members are planning to approach retirement. Benefits cash balance dc hr human resources pension

Benefits That Employees Value More than Pay Increases

Something Different

401(k) plan, retirement plan and/or pension: 31%. Happy New Year HR Pros. Benefits Compensation HR Strategy 401k hr human resourcesThanks to HLBR for sharing this Glassdoor survey highlighting the perks that employees most value. The benefits valued more than pay raises, in order are: •Healthcare insurance (e.g., medical, dental): 40%. Vacation/Paid time off: 37%. Performance bonus: 35%. Paid sick days: 32%.

HR and Employment Trends for 2015

HR Daily Advisor

Let’s take a look at some of the HR and employment trends for 2015. The Trends (and Changes) for 2015. We’ve taken a look at some of the latest published trends for employers to be aware of in 2015 i , and we’re sharing some of the highlights here: Employers may an expectation for more employee development. Employers need to plan for a multigenerational workforce. HR teams can also use data tracking to improve efficiencies inside the organization.

Life Cycles and Compensation

Compensation Cafe

Compensation programs need to adapt to these different stages as companies grow and evolve. For example, compensation plans needed for start-ups are very different compared to those needed for mature companies. Let’s see how the various stages impact compensation. . Compensation : Salaries are limited as companies are not flush with cash. There is no formal compensation program. Compensation : There a rapid growth in the number of employees.

How do Compensation Planning Tools work?

HRsoft

Compensation today has moved far beyond the mere exchange of money for talent (or time). A high quality compensation plan must be able to: Make the most of each budget allocated to each department and employee. Businesses should invest in strategic compensation planning that doesn’t assign random pay packets to employees but considers the implications of every dollar spent and strives to be internally equitable and externally competitive.

The After-Tax 401(k) – A Super Saver’s Dream?

Something Different

You can read the Forbes article (by Ashlea Ebeling ) here , and also IRS guidance on the new rule here … but in summary the new rule allows high-earning super savers to potentially contribute up to $53,000 per year in earnings to a Roth-IRA account by taking advantage of employer 401(k) plans that allow for employee after-tax 401(k) contributions (beyond the $18,000 pre-tax 401/roth 401k limit) and allow in-service distributions.

Choosing The Right Compensation Planning Tools

HRsoft

Before choosing the perfect compensation management tool, it is important to understand what should be expected from such a platform. Comp planning has come a long way. More than ever, it is now about engaging and motivating employees and allowing them to perform with the drive and satisfaction that is required to produce top notch results. It goes without saying that compensation planning tools need to support the objectives that define Compensation Management.

Clearing up the confusion about compensation plans

Compensation Today

Taylor, PHR, The HR Writer You may not be surprised to hear me say that compensation programs can be difficult to understand at times. Compensation programs can be complex, leading to confusion for some employees. That’s too bad, because if employees are confused about how they’ll be compensated for their hard work, they may fail to meet performance standards. Employees need to know and understand your compensation and benefits programs to stay engaged and productive.

Are Your Sales Compensation Plans Just Experiments?

Compensation Cafe

If the commission plan is well designed and a salesperson hits it out of the ballpark, what's the problem? It looked at the compensation plan of a large U.S. As a result, the salespeople weren’t motivated to exceed them. Even though most of the salespeople won’t exceed quota, the fact that a ramp rate exists still makes the plan motivating. Quota setting is just one component of plan design. Compensation professionals can and should have input. .

5 Lessons for a Compensation Department of None

Compensation Cafe

Over the last few years, we have seen a rise in attention to the all too common, “HR Department of One”. Often, on this very site, we talk about “compensation departments and compensation professionals” as if every company has one or both. But, what if, as is often the case, a company has NO compensation professional on staff? Many successful companies operate with a compensation department of none. Payroll isn’t really the same thing as compensation.