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The Compehensive Dictionary of HR Terms To Know [In 2024]

Analytics in HR

Compa ratio Compa ratio , also known as a comparative ratio, is a metric that compares an individual’s or group’s salary to the midpoint of a defined salary range. HR term example: “The HR department analyzed the compa ratio to assess the fairness of our salary distributions.” ” 10. ” 15. ” 17.

COMPAS 76
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7 Compensation Issues and How to Fix Them

Analytics in HR

It’s imperative that your organization pays its workers fairly and that there aren’t any pay gaps based on any discrimination. 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.

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Ask Visier: How Do You Determine if Your Organization Pays Equitably?

Visier

Ask Visier is a weekly column where a people analytics expert dives into one of the 2000+ business questions available in Visier and shares how to take action on the answers you might uncover on that topic. If you find some groups have a lower than average compa-ratio, it’s likely that pay decisions aren’t being made equitably.

Visier 195
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OFCCP Compliance: Proactively Prepare for Compensation Audits

Trusaic

It relates to ensuring technology based recruiting, screening and hiring procedures like artificial intelligence (AI) do not create barriers to equal employment opportunity. One of its goals is to assist both the EEOC and OFCCP to identify potential pay disparities and discrimination. Another newly added requirement is Item 21.

COMPAS 130
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Why Amazon's AI-driven high volume hiring project failed

Hubert

Envision the dream of a well functioning recruiting AI. One that supports recruiters in every possible monotone task you might have while making hiring a pure bliss. You’d be able to operate quicker than ever and hire all the right people on a whim. A team designated for one goal; finding a way of automating recruiting.

COMPAS 85
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Why Amazon's AI-driven high volume hiring project failed

Hubert

Envision the dream of a well functioning recruiting AI. One that supports you, a recruiter, with every possible monotone task you might have, all while making hiring a pure bliss. You’d be able to operate quicker than ever and hire all the right people on a whim. The Ultimate Guide To AI Recruiting. Learn more.

COMPAS 58