Expert insights. Personalized for you.
If you have the budget, it's particularly important to partner with experienced firms for this work--the projects involve so much data that they can easily get bogged down. Job architecture is a hot topic right now, and I have to admit that I am pleased. MORE
Today, most organizations rely on actual data to make informed decisions on how to run their business. Whilst departments such as sales, marketing, and operations have actively been using data analytics to optimize performance, HR experts within a business have been relatively slow to integrate analytics to influence their decision making. Let’s dive a little deeper into the benefits of HR analytics and see how it can help your company. What is HR analytics? MORE
Compensation Communication Compensation Philosophy Competencies Data and Analytics Incentives/Bonuses Small Company CompensationWhile the tide is turning, there are still a lot of organizations out there without job architecture. MORE
In order to keep workforces engaged and drive their continuous growth, companies need to thoroughly approach the development of impactful incentive programs. However, the rules for incentive programs to be effective have changed, and unfortunately, more than half of workforces are not satisfied with their company’s current programs. What kinds of incentives drive field productivity in 2019? How to ensure that your company provides the right incentives. MORE
Incentives give employees something to strive for and provide tangible acknowledgement of their great work. When an incentive is offered, 85 percent of workers feel more motivated to do their best. What are employee incentive programs? The value of employee incentive programs. MORE
And, of course, there are the more obvious issues like short-term and sales incentive plans. Dan is also a leading expert on incentive plans and equity compensation issues. I live in a house that is more than 100 years old. MORE
New pay data? Your CEO wants a new incentive plan that looks like the plan at his friend’s company? Dan is also a leading expert on incentive plans and equity compensation issues. When you read the title of this post did you groan or light up? MORE
decisions, relying on the Best Available Data known at the time. Even compensation experts, supposedly the most analytical of HR types, have difficulties with data. decisions, made according to the “best available data” when action was required. . MORE
decisions, relying on the Best Available Data known at the time. Even compensation experts, supposedly the most analytical of HR types, have difficulties with data. decisions, made according to the “best available data” when action was required. . When there is no good data, you must rely on the Best Available Data. The real world is filled with bad information, inadequate facts and missing data points. MORE
He has three metaphors for every occasion and is a leading expert on incentive plan and equity compensation issues. This post is about recognition. The recognition of each of you reading this post, and anyone who has ever read a post on the Compensation Café. MORE
Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans. Base Salaries Compensation Communication Compensation Philosophy Data and Analytics Gender Equity Incentives/Bonuses MORE
Data and Analytics Incentives/Bonuses Pay for Performance Social Media & RewardsEditor's Note: Applied neuroscience, crowdsourcing and gamification intersect to bring us some Classic insights on happiness (and perhaps reward satisfaction?), via Chris Dobyns. . MORE
Dan is also a leading expert on incentive plans and equity compensation issues. In the past three months, must of our businesses have experienced an upheaval of historic proportions. During that period, you may have been challenged with an array of uncomfortable tasks. MORE
Incentives give employees something to aim for and motivation to work much harder without actually telling them to work hard. According to a study by Genesis Associates , 85% of the employees feel motivated to work their best when an incentive is offered. Bonuses And Raises. MORE
Now is the time to fix your worst incentive plans, or adjust pay structures that have crumbled under the weight of furloughs, lay-offs, remote work, shrinkage, growth, or any other of the myriad of issues that are being faced in business. MORE
Is there predictive data that can guide us? This report talks about "nominal" differences in groups, but that word just helps them communicate what they've found and sidesteps the fact that the data may not be either robust or predictive. Nonetheless, the data does suggest a few valuable analytic opportunities if you read between the lines. Compensation Philosophy Competencies Data and Analytics Incentives/Bonuses Performance Management MORE
I’d like to focus on three sales incentive strategies that can help tire suppliers be proactive, establish competitive advantages, and boost market share. Sales incentives can improve your brand experience. You can personalize marketing and incentive program experience. MORE
Base Salaries Benefits & Perquisites Compensation Communication Compensation Philosophy Data and Analytics Incentives/Bonuses Pay for Performance Performance Management MORE
Base Salaries Benefits & Perquisites Compensation Philosophy Data and Analytics Incentives/Bonuses Nonprofit Compensation Pay for Performance Performance Management Sales Compensation Small Company Compensation Stock/Equity Compensation Total Rewards MORE
Hungry for up-to-date data on how your competitors are handling the Human Resource components of the Covid-19 pandemic? Aon (including Radford ) just published data collected from April 7 to 10, 2020. MORE
The CEB Analytics study show s that when companies lead in?HR analytics, their talent performance increase s by 12 percent , leading to a 4 percent increase in the gross profit margin. Importance of Compensation Analytics (What & W hy) . MORE
Dan is also a leading expert on incentive plans and equity compensation issues. Base Salaries Careers Compensation Philosophy Data and Analytics Incentives/Bonuses Pay for Performance Sales Compensation Small Company Compensation Social Media & Rewards Stock/Equity Compensation Total Rewards MORE
Incentive pay motivates people to perform. It has been sold to businesses that a great incentive program can motivate a person. Incentive plans are there to remind everyone of what is important and to reward them if they stay focused and achieve their objectives. MORE
Instead of copying others, you need to identify where you will gain the most advantage from adding to the costs of your workforce — whether it’s by investing in employee perks or weekly retention bonuses. As the shopping season reaches its peak, here are four analytical questions HR leaders need to ask of their workforce data: Question #1: Is a lack of staff impacting our fulfillment timelines? Talent Management retail talent shortage workforce analytics MORE
We are moving rapidly into an increasingly “data-driven” age of Human Resources and Compensation. This data is translated into information. The age of data geeks is upon us and we need to be able to use that to our advantage. The gold standard of data algorithms may be those used by search engines like Google. Here’s the rub, every piece of data is selected because someone wrote a program that indicated it should be selected. MORE
Is your incentive plan on autopilot, chugging along without consideration of changes in the business and potential undesired consequences? Base Salaries Data and Analytics Incentives/Bonuses Pay for Performance Sales Compensation MORE
I'm talking about employee data of course. And the reason I'm sending out this reminder is because so many of the companies that I've worked with do not mine their data. When I ask them for data on their employees, they give me their best guess. Or they reference an executive presentation with data that turns out to be more than 12 months old. Of course, just like any data, employee data is only valuable if you're going to use it to make decisions. MORE
With the exception of evaluating survey data, we almost never test our prior decisions by linking what actually happened to what was planned (or hoped for.). Dan is also a leading expert on incentive plans and equity compensation issues. MORE
So many small and mid-sized companies work so hard to make base pay “perfect” that they have no time or energy to build effective short-term incentive plans or rational equity compensation plans. Some companies are on the hunt for the perfect compensation data set. MORE
The data clean-up! Dan is also a leading expert on incentive plans and equity compensation issues. Compensation Philosophy Data and Analytics Executive Compensation Incentives/Bonuses Small Company Compensation Stock/Equity Compensation Total Rewards compensation dan walter equity spa MORE
Employee performance is one of the key outcomes that we try to predict in HR analytics. Collecting data on employees’ performance is an important part of HR practice. Imagine you’re looking at data from a sales company. HR Analytics MORE
Three organizations share how they use people data and analytics to amplify business strategy. People analytics” has been a hot catchphrase in the business world for years, with data promising to revolutionize recruiting, talent management, and myriad other HR processes. MORE
Dave Wallis , Director of Analytics and Information Strategy at Insperity , is a long-time data management and BI professional, who’s currently focused on developing Insperity’s people analytics offering (in partnership with Visier). Visier: Why does payroll data matter? MORE
When the vast majority of companies have incentive programs that look very similar, but prospects that look far different, we must consider whether “market data” truly reflects our markets. Dan is also a leading expert on incentive plans and equity compensation issues. MORE
There seem to be enough incentives to create more successful companies and pay people in a way that allows them to have better lives. Recently released data and articles imply that 2021 compensation budgets will look much like 2020 budgets (and those from 2019 and 2018). MORE
Base with a 31.69% target incentive level, based on the fourteen individually weighted metrics recently established by our big data mining exercise in conjunction with our actuarially-modeled best-case scenario using the recent new pricing model from that academic team at MIT.”. He is a leading expert on incentive plan and equity compensation issues and has written several industry resources including the only resource dedicated to Performance-Based Equity Compensation. MORE
The Incentive Solutions News blog
OCTOBER 14, 2021
I’d like to focus on three sales incentive strategies that can help tire suppliers be proactive, establish competitive advantages, and boost market share. Sales incentives can improve your brand experience. You can personalize marketing and incentive program experience.
Achievers - Recruiting
OCTOBER 20, 2020
Incentives give employees something to strive for and provide tangible acknowledgement of their great work. When an incentive is offered, 85 percent of workers feel more motivated to do their best. What are employee incentive programs? The value of employee incentive programs.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
HRO Today
MARCH 12, 2020
Three organizations share how they use people data and analytics to amplify business strategy. People analytics” has been a hot catchphrase in the business world for years, with data promising to revolutionize recruiting, talent management, and myriad other HR processes.
CuteHR
JUNE 14, 2021
Incentives give employees something to aim for and motivation to work much harder without actually telling them to work hard. According to a study by Genesis Associates , 85% of the employees feel motivated to work their best when an incentive is offered. Bonuses And Raises.
.png)
Compensation Cafe
SEPTEMBER 17, 2020
There seem to be enough incentives to create more successful companies and pay people in a way that allows them to have better lives. Recently released data and articles imply that 2021 compensation budgets will look much like 2020 budgets (and those from 2019 and 2018).
Compensation Cafe
JUNE 23, 2020
Dan is also a leading expert on incentive plans and equity compensation issues. Base Salaries Careers Compensation Philosophy Data and Analytics Incentives/Bonuses Pay for Performance Sales Compensation Small Company Compensation Social Media & Rewards Stock/Equity Compensation Total Rewards
Compensation Cafe
SEPTEMBER 10, 2020
Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans. Base Salaries Compensation Communication Compensation Philosophy Data and Analytics Gender Equity Incentives/Bonuses
Compensation Cafe
MAY 4, 2018
I'm talking about employee data of course. And the reason I'm sending out this reminder is because so many of the companies that I've worked with do not mine their data. When I ask them for data on their employees, they give me their best guess. Or they reference an executive presentation with data that turns out to be more than 12 months old. Of course, just like any data, employee data is only valuable if you're going to use it to make decisions.
Compensation Cafe
APRIL 8, 2020
Base Salaries Benefits & Perquisites Compensation Philosophy Data and Analytics Incentives/Bonuses Nonprofit Compensation Pay for Performance Performance Management Sales Compensation Small Company Compensation Stock/Equity Compensation Total Rewards
Analytics in HR
JANUARY 13, 2020
Employee performance is one of the key outcomes that we try to predict in HR analytics. Collecting data on employees’ performance is an important part of HR practice. Imagine you’re looking at data from a sales company. HR Analytics
.jpg)
Compensation Cafe
JUNE 17, 2021
Compensation Communication Compensation Philosophy Competencies Data and Analytics Incentives/Bonuses Small Company CompensationWhile the tide is turning, there are still a lot of organizations out there without job architecture.
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Bayzat
APRIL 29, 2019
Today, most organizations rely on actual data to make informed decisions on how to run their business. Whilst departments such as sales, marketing, and operations have actively been using data analytics to optimize performance, HR experts within a business have been relatively slow to integrate analytics to influence their decision making. Let’s dive a little deeper into the benefits of HR analytics and see how it can help your company. What is HR analytics?
Compensation Cafe
JUNE 30, 2021
If you have the budget, it's particularly important to partner with experienced firms for this work--the projects involve so much data that they can easily get bogged down. Job architecture is a hot topic right now, and I have to admit that I am pleased.
Compensation Cafe
MAY 6, 2021
New pay data? Your CEO wants a new incentive plan that looks like the plan at his friend’s company? Dan is also a leading expert on incentive plans and equity compensation issues. When you read the title of this post did you groan or light up?
Visier - Talent Acquisition
APRIL 15, 2021
Dave Wallis , Director of Analytics and Information Strategy at Insperity , is a long-time data management and BI professional, who’s currently focused on developing Insperity’s people analytics offering (in partnership with Visier). Visier: Why does payroll data matter?
.jpg)
Compensation Cafe
APRIL 28, 2020
Hungry for up-to-date data on how your competitors are handling the Human Resource components of the Covid-19 pandemic? Aon (including Radford ) just published data collected from April 7 to 10, 2020.
Keka HR Blog
MARCH 12, 2021
The CEB Analytics study show s that when companies lead in?HR analytics, their talent performance increase s by 12 percent , leading to a 4 percent increase in the gross profit margin. Importance of Compensation Analytics (What & W hy) .
Compensation Cafe
AUGUST 25, 2020
So many small and mid-sized companies work so hard to make base pay “perfect” that they have no time or energy to build effective short-term incentive plans or rational equity compensation plans. Some companies are on the hunt for the perfect compensation data set.
Compensation Cafe
NOVEMBER 10, 2020
Now is the time to fix your worst incentive plans, or adjust pay structures that have crumbled under the weight of furloughs, lay-offs, remote work, shrinkage, growth, or any other of the myriad of issues that are being faced in business.
Compensation Cafe
FEBRUARY 3, 2021
The data clean-up! Dan is also a leading expert on incentive plans and equity compensation issues. Compensation Philosophy Data and Analytics Executive Compensation Incentives/Bonuses Small Company Compensation Stock/Equity Compensation Total Rewards compensation dan walter equity spa
Compensation Cafe
MAY 21, 2020
When the vast majority of companies have incentive programs that look very similar, but prospects that look far different, we must consider whether “market data” truly reflects our markets. Dan is also a leading expert on incentive plans and equity compensation issues.
Compensation Cafe
JUNE 11, 2020
Dan is also a leading expert on incentive plans and equity compensation issues. In the past three months, must of our businesses have experienced an upheaval of historic proportions. During that period, you may have been challenged with an array of uncomfortable tasks.
Compensation Cafe
JULY 2, 2020
And, of course, there are the more obvious issues like short-term and sales incentive plans. Dan is also a leading expert on incentive plans and equity compensation issues. I live in a house that is more than 100 years old.
Compensation Cafe
APRIL 15, 2020
decisions, relying on the Best Available Data known at the time. Even compensation experts, supposedly the most analytical of HR types, have difficulties with data. decisions, made according to the “best available data” when action was required. .
Compensation Cafe
JANUARY 7, 2020
Incentive pay motivates people to perform. It has been sold to businesses that a great incentive program can motivate a person. Incentive plans are there to remind everyone of what is important and to reward them if they stay focused and achieve their objectives.
Compensation Cafe
SEPTEMBER 22, 2020
Is there predictive data that can guide us? This report talks about "nominal" differences in groups, but that word just helps them communicate what they've found and sidesteps the fact that the data may not be either robust or predictive. Nonetheless, the data does suggest a few valuable analytic opportunities if you read between the lines. Compensation Philosophy Competencies Data and Analytics Incentives/Bonuses Performance Management
Compensation Cafe
JUNE 17, 2020
With the exception of evaluating survey data, we almost never test our prior decisions by linking what actually happened to what was planned (or hoped for.). Dan is also a leading expert on incentive plans and equity compensation issues.
Compensation Cafe
DECEMBER 4, 2019
Base Salaries Benefits & Perquisites Compensation Communication Compensation Philosophy Data and Analytics Incentives/Bonuses Pay for Performance Performance Management
Compensation Cafe
JUNE 10, 2020
Data and Analytics Incentives/Bonuses Pay for Performance Social Media & RewardsEditor's Note: Applied neuroscience, crowdsourcing and gamification intersect to bring us some Classic insights on happiness (and perhaps reward satisfaction?), via Chris Dobyns. .
Compensation Cafe
FEBRUARY 28, 2020
Is your incentive plan on autopilot, chugging along without consideration of changes in the business and potential undesired consequences? Base Salaries Data and Analytics Incentives/Bonuses Pay for Performance Sales Compensation
Compensation Cafe
NOVEMBER 27, 2019
He has three metaphors for every occasion and is a leading expert on incentive plan and equity compensation issues. This post is about recognition. The recognition of each of you reading this post, and anyone who has ever read a post on the Compensation Café.
Compensation Cafe
APRIL 3, 2019
decisions, relying on the Best Available Data known at the time. Even compensation experts, supposedly the most analytical of HR types, have difficulties with data. decisions, made according to the “best available data” when action was required. . When there is no good data, you must rely on the Best Available Data. The real world is filled with bad information, inadequate facts and missing data points.
Compensation Cafe
SEPTEMBER 5, 2019
Base with a 31.69% target incentive level, based on the fourteen individually weighted metrics recently established by our big data mining exercise in conjunction with our actuarially-modeled best-case scenario using the recent new pricing model from that academic team at MIT.”. He is a leading expert on incentive plan and equity compensation issues and has written several industry resources including the only resource dedicated to Performance-Based Equity Compensation.
Compensation Cafe
APRIL 4, 2019
We are moving rapidly into an increasingly “data-driven” age of Human Resources and Compensation. This data is translated into information. The age of data geeks is upon us and we need to be able to use that to our advantage. The gold standard of data algorithms may be those used by search engines like Google. Here’s the rub, every piece of data is selected because someone wrote a program that indicated it should be selected.
Visier
DECEMBER 19, 2017
Instead of copying others, you need to identify where you will gain the most advantage from adding to the costs of your workforce — whether it’s by investing in employee perks or weekly retention bonuses. As the shopping season reaches its peak, here are four analytical questions HR leaders need to ask of their workforce data: Question #1: Is a lack of staff impacting our fulfillment timelines? Talent Management retail talent shortage workforce analytics
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