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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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The Only Roles and Responsibilities Template You’ll Need in 2023 (Free Download)

Analytics in HR

Job duties vs. responsibilities If job tasks are the detailed activities an employee needs to perform to meet their responsibilities, job duties are several tasks grouped together and aligned to the obligations an employee owes their employer. Data Analysis: Ability to analyze data using tools like Excel, SQL, or R.