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. MORE

The book covers the full People Analytics scope (Benefits, Compensation, Culture, Diversity & Inclusion, Engagement, Leadership, Learning & Development, Personality Traits, Performance Management, Recruitment, Sales Incentives) with numerous real-world examples, and shows how R can help”. MORE

For 2015, I’ve done a thorough update and added more of my own thoughts on the answers to these questions. Unfortunately, it usually takes a broader planning effort to make sure that sir/madam HR leader isn’t playing that loser’s game of whack-a-mole in resolving these types of questions. MORE

If you asked the managers, they’d guess compensation—but the data pointed to a different reason. The team’s mission is to “support Chevron’s business strategies with better, faster workforce decisions informed by data.” MORE

How much more revenue could sales teams generate if they had the precise combination of training and compensation they need to do a better job? Don’t take metrics at face value. Metrics don’t segment or correlate the data. MORE

In 2015, a mobile gaming company hired an ex-Wall Street quant to manage analytics recruiting. In 18 months, she more than doubled the size of the team. · Practice what you preach – by using analytics within the HR function, including candidate profiling, attrition prediction, and workforce planning. The war for talent is raging across industries and countries, and nowhere is the fight more intense than in data science and analytics. MORE

The workforce in the developed world and China is rapidly aging. Despite increasing automation, in the next 20 years there will be a serious shortage of skilled workforce everywhere. The old school approach to measuring recruitment success is to focus on time-to-fill metrics. MORE

The workforce in the developed world and China is rapidly aging. Despite increasing automation, in the next 20 years there will be a serious shortage of skilled workforce everywhere. The old school approach to measuring recruitment success is to focus on time-to-fill metrics. MORE