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Pay Transparency Check-In

Compensation Cafe

Pay equity is studied through metrics that illuminate your practices. Her firm, re:Think Consulting, provides market pay information and designs base salary structures, incentive plans, career paths and their implementation plans. An interesting finding: HR professionals tend to confuse "pay transparency" and "pay equity."

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Performance Management Tools: The Ultimate Guide

Primalogik

Over time, they evaluate overall performance across a set of relevant metrics, like engagement. Another may realize that its incentive program isn’t having the desired impact, leading it to a more effective solution. The best performance management tools provide clear analytics and reporting. This applies equally to teams.

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Compensation Communications that Hit the Mark This Time

Compensation Cafe

What have data and analytics got to do with compensation communications? You can use employee data and analytics to learn how to talk in a more relevant and engaging way with your employees. Back at the ranch, data and analytics show you how to convince your employees about the important points you need them to understand and support.

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Can You Depend on Solid ROI for Expensive Elite University Hires?

Compensation Cafe

Nonetheless, the data does suggest a few valuable analytic opportunities if you read between the lines. These metrics will provide useful insights into your practices, as well as discussion points when the time comes for the next expensive hire. What do you want the candidate to do? How did their performance trend over time?

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The power of payroll data: An interview with a leader in data management, BI, and people analytics

Visier

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). V: What are the most important payroll metrics that an HR leader or CHRO cares about?

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How to Use Digital Rewards to Redefine Recognition in 2023

Xoxoday

Simply put, digital rewards are incentives offered in a digital form. 68% of consumers prefer gift cards as incentives over coupons and other rewards. Companies using non-commission sales incentives, such as gift cards, increased revenue by 32%. Gone are the days of one-size-fits-all bonuses. What are digital rewards?