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How Big Should Your HR Staff and Budget Be?

Compensation Force

While this is a question best answered in the context of your unique talent strategy -- what it will take to execute that strategy to drive organization success and what role HR plays in making that happen -- benchmarks can sometimes provide a helpful reference point. A few summary outtakes: HR Staffing. HR Budgets.

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People Analytics and HR-Tech Reading List

Littal Shemer

If you are interested in additional free resources for data science and R programming, check the comment section of this post. “Technology, data analytics, and artificial intelligence already impact how people work and engage with organizations. Click titles for Kindle versions (Work in progress. First published: May 14th, 2018.

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5 HR Analyst Job Descriptions – A Brief Analysis

Analytics in HR

Most job focus on administrative tasks and basic reporting, very much in line with what van de Heuvel and Bondarouk noticed in 2016: HR analytics is focusing on very basic tasks. It feels like these companies are looking for professionals with knowledge about Excel who want to work in HR, instead of HR professionals who want to analyze data.

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2016 Turnover Rates by Industry

Compensation Force

The information in the following charts - both voluntary and total turnover rates - has been drawn from CompData's 2016 edition of their annual BenchmarkPro Survey, which features data submitted by more than 30,000 organizations. . . . . . . . . . . . . . . . . . . .

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4 New Job Post Stats That Will Help You Attract Candidates

Linkedin Talent Blog

Well, today we’re adding a little more science to the picture with data-driven insights based on 4.5 viewed and applied to those job posts—and distilled our findings into four simple data-backed tactics and takeaways. million jobs posted between 2016–2017 in the United States and the United Kingdom. Methodology.

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New Benchmarking Analysis Identifies Recent Trends in Balancing Benefit Costs and Attracting Top Talent

HR Daily Advisor

When employers have a sense of how their peers’ benefits and compensation approaches measure up to their own, they can more confidently identify opportunities for improvement. The Best-in-Class Benchmarking Analysis produced by Arthur J. Gallagher & Co. 63% of peers). 73%of peers). View the analysis here.

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5 Steps to a Compensation Strategy That Helps Your Company Thrive

Compensation Today

As we discussed in part one of this series , PayScale’s 2017 Compensation Best Practices Report (CBPR) found that just 37 percent of organizations have a defined compensation strategy. All these factors taken together should inform your compensation strategy. What do you need from your compensation strategy?