Compensation Today
AUGUST 31, 2017
This is a lesson from our forthcoming ecourse on compensation analytics, and builds on what we covered in the post on setting goals. For each type of analytic, you can dig deeper to really start pinpointing issues in your organization, ideally before they become a problem. Compa-Ratio. It’s time to get technical.
Analytics in HR
MARCH 7, 2022
Tracking metrics like compa ratio and salary range penetration will also help you spot employee compensation issues when they arise and allow you to rectify them as soon as possible. If you are a smaller team, you should hire experts or involve consultants to ensure everything is in order. Hiring a compensation consultant.
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Analytics in HR
OCTOBER 27, 2023
This amount is negotiated during the hiring process and agreed upon before the employment contract begins. Every new hire should receive a clear report of their compensation package and know who to contact if they have any questions. It is typically an annual or monthly salary or an hourly rate.
Digital HR Tech
NOVEMBER 27, 2019
The compensation and benefits manager works with hiring managers, recruiters, and other Human Resources personnel to ensure that job offers are both based on market rate and have internal equity (an explanation is provided below). Your relationship to this midpoint is called a compa-ratio. Evaluating Jobs.
Thrive Global
JULY 21, 2020
Four months later I was hired by an HR Director who took a chance on me, and away I went. Or, at least that’s what it felt like when I was the HR leader hiring consultants. Ann said she knew how important the project was and initially she was excited to take on a larger role and use her analytic skills more.
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