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Compensation Analysis: The Definitive 2022 Guide

Decusoft

Conducting compensation analysis is a lengthy, necessary project. A thorough compensation analysis will provide insights for human resources and senior management to make crucial decisions regarding salary and benefits packages. What Is a Compensation Analysis? A few include: External Businesses in Similar Industries.

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A Guide to Compensation Analysis

Analytics in HR

Compensation analysis is vital to providing fair, equitable compensation. A thorough compensation analysis provides the data and insights for critical decisions as it relates to salaries and total benefits for employees. The purpose of this guide is to provide a basic understanding of compensation analysis and its associated benefits.

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How To Use Cohort Analysis for Better Workforce Decisions

Visier

Instead of accepting an intuition-based decision, consider performing a data-driven cohort analysis, where you look at each employee’s detailed work records and perform comparisons against similar employees and employee groups. This comparison helps you determine how well she is being compensated within her existing pay band.

Analysis 201
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Gain Actionable Insights Using Three New UKG Ready Benchmarking Features

UKG

All jobs within the UKG Ready solution are automatically classified into predefined Job Classifications to allow for simple comparisons. Compensation Benchmark The Compensation Benchmark helps automate the compensation analysis process by using intelligent job tagging. How does this work? But what does that mean? as an example.

UKG 52
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eBook: Building a Training Needs Analysis

PlatCore LMS

We will show you how to evaluate your needs with useful tools that ensure you get a solution that fits your requirements. Build an LMS Comparison to Track Your Requirements. Download Now: The post eBook: Building a Training Needs Analysis appeared first on PlatCore, LLC. Top Considerations When Selecting an LMS.

eBook 98
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How To Use Cohort Analysis for Better Workforce Decisions

Visier

Instead of accepting an intuition-based decision, consider performing a data-driven cohort analysis, where you look at each employee’s detailed work records and perform comparisons against similar employees and employee groups. This comparison helps you determine how well she is being compensated within her existing pay band.

Analysis 105
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How to Avoid Talent Gaps with Data-Driven Succession Planning

Visier

Based on the analytics for this fictitious organization, it’s easy to see the size of the bench by position and the number of candidates ready now and over the next couple of years: This analysis shows the size of the succession candidate pool by position and candidate readiness. Fictional data used. Fictional data used. Fictional data used.