Analytics in HR

JULY 10, 2023

Compensation and benefits : HR managers oversee compensation and benefits programs, ensuring competitiveness in the market, managing payroll, and administering employee benefits packages. 68,370 per year is from base pay, and $11,693 is through additional compensation such as cash bonuses and/or profit sharing.

HR Planning 85

HR Planning HR Software Resources Aptitude Tests 85

HRExecutive

JUNE 6, 2023

Riddle got his start in hospitality in 2013 when he joined Evolution Hospitality as a corporate manager of HR, with a focus on compensation and benefits. And today, he’s doing just that as Aimbridge leans on data-driven innovation to create its post-pandemic workforce. Click here to read more HR leadership stories.

Staffing Software 103

Staffing Software HR Software Hiring Software Recruiting Software 103

Compensation Today

MAY 30, 2017

Learn More About Our Compensation Software. They also outlined the three steps to effectively and positively changing your pay strategy: Step 1: Look at the Market & Formulate Your Strategy/Structure: gather market data regularly, develop a clear compensation strategy and create guidelines for pay. GET A DEMO.

Wage and Hour Training 79

Wage and Hour Training Strategy Payscale Staffing Software 79

Trusaic

AUGUST 27, 2019

We participated in a webinar this month with HR.com on the new EEO-1 Report Component 2 pay data filing requirement, “Potential Challenges and Pitfalls of Submitting Pay Data in the 2019 EEO-1 Report.”. Question: In 2017 we used one EIN and in 2018 used multiple. The deadline is September 30, 2019. Link: [link].

Report 130

Report Data Compensation Compliance Training 130

China Gorman

MAY 2, 2017

PayScale has produced its 8 th annual in-depth report on compensation best practices: Comp is Culture. Even though I’m not an HR professional, much less a compensation professional, I found it fascinating. Especially the impact that compensation practices have on organization culture.

Compensation 95

Compensation Payscale Retention and Turnover Talent Experience 95

Visier

JULY 11, 2017

As more organizations climb up the HR analytics maturity curve , we continue to see new success stories coming from data-driven HR leaders who strive to move the needle on business outcomes. For this roundup of top HR analytics articles, we compiled stories that reveal what makes strategic HR leaders excel: actionable data. The result?

HR Software 180

HR Software HR Planning Hiring Software Recruiting Software 180

HR Counselor's Corner

SEPTEMBER 25, 2019

The Equal Employment Opportunity Commission (EEOC) recently announced that, effective next year, employers will no longer be obligated to provide the compensation data that was added as “Component 2” of the form in 2016. The order was stayed by the Office of Management and Budget (“OMB”) in 2017.

Compensation 40

Compensation Report Data Employment Law 40

Lighthouse

JULY 30, 2018

Did you realize that the way your company approaches compensation policy can actually create (or reduce) employee turnover? employers underestimate the percentage increase in compensation it would take to prompt an employee to change jobs. 3 Ways Compensation Practices Can Lead to Retention Risk. and the U.K.,

Compensation 113

Compensation Policies Retention and Turnover Benchmarking 113

Compensation Today

MAY 26, 2017

Only 29 percent of small businesses have a compensation strategy, according to data collected for PayScale’s Compensation Best Practices Report , compared with 37 percent of all organizations — despite the fact that small businesses must compete with larger orgs for talent, generally with smaller compensation budgets.

Compensation 61

Compensation Strategy Competencies Planning Tools 61

Compensation Today

MARCH 20, 2017

One intentional decision that too many companies aren’t making: establishing their compensation strategy. PayScale’s 2017 Compensation Best Practices Report (CBPR) found that just 37 percent of all organizations have a comp strategy. What is a compensation strategy? Does your organization have a compensation strategy?

Compensation 81

Compensation Strategy Hiring Software Planning Tools 81

Compensation Force

MAY 26, 2017

For setting the pay rates/ranges of jobs where staffing hinges heavily on drawing new graduates, I find data on starting salaries for college grads in the relevant majors to be a helpful data point. In the second table, same starting salary data, we group the majors into their general areas.

Staffing 67

Staffing ATS Survey Data 67

Accurate Background

JUNE 21, 2022

In 2017, for example, the Bureau of Labor Statistics reported that 34% of the U.S. The streamlined processes , increased transparency and more sophisticated data management associated with a total talent strategy mean organizations manag e their workforce holistically and achiev e significantly better visibility.

Hiring Software 95

Hiring Software Onboarding Software Staffing Software Recruiting Software 95

Compensation Today

FEBRUARY 23, 2017

Compensation should be a reflection of and an extension of your culture. In PayScale’s 2017 Compensation Best Practices Report (CBPR), we found that 57 percent of organizations agree that compensation is becoming more important to their executives. How Are Compensation and Culture Linked?

Compensation 88

Compensation Strategy Bonuses and Incentives Payscale 88

TalentCulture

JUNE 22, 2017

Big data has gone from buzzword to business staple , affecting everything from how companies recruit and hire to how employees perform core functions in the workplace. Let’s examine the state of employee burnout in 2017—and, more importantly, point out what you can do about it. Employee Burnout in 2017: A Snapshot.

Hiring Software 108

Hiring Software Data Retention and Turnover Recruiting Software 108

Laurie Ruettimann

DECEMBER 13, 2016

Not that executive pay wasn’t out of control and that women and minorities weren’t compensated fairly. It’s just that the 21st-century meant that things moved faster, including the rise in executive compensation. Layoffs are my HR prediction for 2017. I don’t know what else to tell you about 2017.

HR Software 70

HR Software Compensation HR Trends Payroll 70

Compensation Cafe

AUGUST 20, 2018

Her pay represented 16% of all the compensation the same group. The following headline that ran with another USA Today article , from May 25, 2018, based on data from 2017. As compensation professionals, all we can actively do is provide data and guidance with a blind eye. The loss of Ms.

Compensation 63

Compensation Hiring Software Data Diversity 63

Compensation Today

AUGUST 3, 2017

This is an excerpt from PayScale’s 2017 Compensation Best Practices Report, a comprehensive look at the compensation strategies and pay practices of 7,700 respondents to the Compensation Best Practices survey. So then the question becomes: Which data source or sources should organizations use to obtain their market data?

Data 70

Data Compensation Survey Study 70

ACA Times

DECEMBER 24, 2019

You want to be sure that the ACA information you provided to the IRS is accurate to avoid those penalties – and that all starts with using accurate data that has been checked and validated. Monthly ACA Best Practices start with Data Quality. Monitor Data Quality. Monitoring Data Quality is critical to ongoing ACA compliance.

Data 100

Data Report Assessment Software Hiring Software 100

HRsoft

OCTOBER 1, 2018

Although they have conducted compensation surveys since the 1970s, Western Management Group (WMG) has never collected gender data in the U.S. In recent years as the gender gap issue gained prominence, CEO Tim Schwarzer instructed survey directors to ask groups if they would be willing to submit gender data.

Compensation 51

Compensation Survey Groups Planning Tools 51

Trusaic

MAY 17, 2022

The United Kingdom’s gender pay gap reporting data for 2021 is in. Small employers have greater variability in pay gaps and they account for a greater proportion of the overall figures, so their data could be influencing the upwards trend. As seen in the UK, pay data reporting is proven to help reduce illegal pay discrimination.

Report 130

Report Analysis Discrimination Trends 130

Compensation Today

APRIL 26, 2017

While they have done much to repair the damage, a recent development highlights how this is not only affecting their external customer satisfaction policies but their internal compensation policies as well. Let’s examine their decision more closely to see what we can learn from their executive compensation plan change. GET A DEMO.

Compensation 70

Compensation Payscale Bonuses and Incentives Metrics 70

Compensation Today

MARCH 22, 2017

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. Consider what you want to reward. Click To Tweet.

Compensation 75

Compensation Strategy Company Payscale 75

Trusaic

MARCH 12, 2020

Effective April 2017, the United Kingdom set a global example on the issue of pay equity by requiring organizations to publish 12-month snapshots online accounting for their gender pay gaps. The pay data reports are publicly accessible online. Examples of this trend can be found domestically and overseas. In 2019, U.S.

Wage and Hour Training 130

Wage and Hour Training Planning Tools Assessment Software Certification 130

Immedis

SEPTEMBER 21, 2021

The answer to this question is hotly debated and never more so than now since the chair of the SEC, Gary Gensler, began advocating for a new tougher ruling that will require public companies to disclose more information on their workforces, such as data on diversity, staff compensation and employee turnover.

Data 52

Data Recruiting Software Retention and Turnover Planning Tools 52

HRsoft

SEPTEMBER 27, 2018

For decades, compensation surveys have been the leading source where employers could go to learn about pay dynamics in the marketplace. Corporate compensation departments have long been told by corporate legal departments that gender data (as well as age and ethnicity data) should not be provided in compensation surveys.

Compensation 45

Compensation Survey Payscale AON 45

Advos

NOVEMBER 14, 2016

3 Workplace Trends Millennials Are Eliminating in 2017 – Inc. Millennials will continue to rapidly change the workplace in 2017. HotInHR: Tech Firms Hoard Talent, Millennial Workplace Trends 2017, Creepy Data Practices… Click To Tweet. Non-Compete Clauses For Low-Wage Workers, Creepy Employer Data Practices?).

Video Recruiting 40

Video Recruiting Hiring Software Trends Recruiting Software 40

Compensation Today

SEPTEMBER 19, 2017

This is an excerpt from PayScale’s 2017 Compensation Best Practices Report. A rich compensation mix encompasses much more than just base pay alone. Frequency of Bonuses or Incentives 2017 vs. 2016. Bonus Type 2017 vs. 2016. Want more insights into what your peers are doing in compensation this year?

Bonuses and Incentives 74

Bonuses and Incentives Data Compensation Survey 74

Berkshire Associates

SEPTEMBER 12, 2017

On Wednesday, August 23, 2017, the Office of Federal Contract Compliance Programs (OFCCP) filed an appeal with the Administrative Review Board (ARB), officially challenging a recent decision denying the agency access to some of the documents it sought as part of its highly-publicized review of the compensation practices at Google Inc.’s

Compensation 40

Compensation Data Compliance ATS 40

HR Daily Advisor

MAY 23, 2018

At the recent WorldatWork’s 2018 Total Rewards Conference Pearl Meyer announced three comprehensive surveys aimed at helping HR professionals understand current trends in compensation and hiring. Each of these periodic reports, updated for 2018, includes detailed information that cannot readily be obtained from other data sources.

Compensation 47

Compensation Cyber Security Survey Retention and Turnover 47

HRWatchdog

SEPTEMBER 24, 2019

Deadline for submitting EEO-1 Component 2 data is the end of September! The EEO-1 annual compliance survey requires certain employers to report company employment data categorized by race/ethnicity and gender in each of 10 job categories. This is the first year Component 2 data must be filed. Who Must Report?

Data 40

Data Report Assessment Software Employment Law 40

Trusaic

APRIL 1, 2021

Professional services firm Deloitte has been publishing its ethnicity pay gap figures since 2017 with its latest figures showing a 14.6% Pay disparity refers to the adjusted metric after controlling for legitimate business factors; for example, most organizations use tenure as a legitimate business reason for making a compensation decision.

Report 130

Report Metrics Analysis Diversity 130

Trusaic

JUNE 6, 2023

Here we consider how to collect, track, and analyze ethnicity data for companies which voluntarily publish ethnicity pay gap reports. What is the purpose of collecting ethnicity data? Employers must ensure individuals cannot be identified from any published data. since 2017.

Report 130

Report Hiring Software Planning Tools HR Software 130

Trusaic

MAY 10, 2021

In November 2000, Coke agreed to implement far-reaching changes to its hiring, promotion and compensation practices. … For the past two years, the workers have negotiated their compensation and have advocated for systemic change within the company.” ( KPIX news ). The Wall Street Journal reports that, “Twenty years ago, Coca-Cola Co.

Discrimination 130

Discrimination Diversity Analysis Compensation 130

Berkshire Associates

SEPTEMBER 7, 2017

The 2017 EEO-1 report will be due March 31, 2018. In a change, however, all filers must select a workforce snapshot date during the 4th quarter of 2017 (October, November, December). Below are four important items all employers need to consider when filing their 2017 EEO-1 Report.

Report 45

Report Compensation Data 45

Astron Solutions

AUGUST 21, 2018

Effective organizations will explore four key areas to better understand the “best” approach when it comes to 2019 base pay compensation budgeting: The 2019 Economic Forecast and Its Impact on Employment and Wages. Salary Budget Survey Data. Let’s take a look at each of these four data sources and their impact on your organization.

Compensation 53

Compensation Hiring Software Planning Tools HR Software 53

Linkedin Talent Blog

MAY 17, 2017

So, to help you get a clearer picture of what these new grads have in store, we’ve looked through our data and put together a list of things you should know in order to recruit them. Make sure you’re prepared to have an educated conversation around compensation because you can bet recent grads will be coming to the table with their research.

Recruiting Software 45

Recruiting Software Hiring Software Data Recruitment 45

Compensation Today

NOVEMBER 17, 2016

In 2027, both life and compensation could be very uncomplicated. In this future, a bionic person fetches your coffee, your car drives you around, and your compensation plan is both automated and powered by perfectly precise data. For those who don’t know, every year we produce a CBPR – the leading resource on compensation.

Compensation 40

Compensation Planning Tools Survey HR Software 40