Analytics in HR

MARCH 7, 2022

Ignoring compensation issues at your organization can lead to unhappy workers, low morale, decreased productivity, and increased turnover. Hence, your Human Resources and/or Compensation & Benefits department must ensure the compensation you offer to your employees is appealing enough to keep your team happy.

Compensation 87

Compensation COMPAS Background screening HR Planning 87

Zenefits

FEBRUARY 7, 2023

To provide employees with fair and desirable compensation, savvy companies routinely conduct a compensation analysis. By identifying the right compensation strategy, you can establish a competitive pay structure to help attract and retain talent. What is compensation analysis? Why is compensation analysis important?

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Compensation Analysis HR Planning Planning Tools 36

Compensation Cafe

JULY 9, 2020

And that of course is the reason that blog and article authors use and over-use this tactic. By comparison, most workplace problems have a great deal more moving parts, greater complexities and more risks associated with wrong moves than would be suggested by a short "just follow these steps" inducement. Who Can Resist the Lure?

Compensation 52

Compensation Planning Tools HR Software Comparison 52

Astron Solutions

OCTOBER 12, 2021

Last year, when preparing for 2021 and what we assumed would be a post-Covid 19 world, this article focused on the fact that most nonprofit organizations had frozen executive base pay levels and were focusing on long-term incentives. Now is not the time to reduce compensation levels.”. Does that still make sense as we head into 2022?

Compensation 52

Compensation Bonuses and Incentives Planning Tools Recruiting Software 52

Trusaic

AUGUST 22, 2023

Equal pay for equal work or work of equal value ” is a founding principle enshrined in Article 157 of the Treaty on the Functioning of the European Union (TFUE). In this article we explore the similarities in legislation, and one major difference. Compensation is uncapped. How effective is pay equity legislation?

Assessment Software 130

Assessment Software Planning Tools Compensation Discrimination 130

Compensation Cafe

AUGUST 2, 2018

Editor's Note: As pay transparency and equity concerns draw ever more attention, it's interesting to revisit Stephanie Thomas's Classic post about black-box models of compensation and their fit, to the unique world of professional service firm partnerships or. Partners are forbidden to discuss compensation with each other.

Compensation 69

Compensation Wage and Hour Training Recruiting Software ATS 69

Zenefits

FEBRUARY 7, 2023

After you have selected the perfect candidate for a position, it’s time to offer the compensation package. This package commonly includes both annual compensation and annual salary. This is all relatively straightforward, but the distinctions between compensation vs. salary are meaningful for both employee and employer.

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Compensation Wage and Hour Training Bonuses and Incentives Retirement 36

Hospital Recruiting

OCTOBER 27, 2016

The main points to this blog post have to do with new physicians being relatively inexperienced with contract review, benefit packages, and compensation negotiation. Many of us, not having any real basis for comparison, resort to the only real apples to apples metric we understand: hourly rate.

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Recruitment Comparison Staffing Metrics 49

Homebase

FEBRUARY 23, 2024

One of the factors that contribute to employee satisfaction is accurate pay—offering a salary that’s competitive for the industry and makes sense in comparison to their coworkers’ responsibilities. To ensure you’re providing the right compensation for the job responsibilities, you need to conduct a job evaluation.

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Hiring Software Assessment Software HR Software Benchmarking 52

Trusaic

OCTOBER 4, 2021

Conducting a thorough pay equity audit is an important step in addressing compensation inequality among employees. This article is second in the three-part series, Designing a Successful Pay Equity Program , and focuses on: Why data quality management is critical. The data must be accurate before beginning the analysis.

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Assessment Software Hiring Software HR Software Data 130

Trusaic

JANUARY 9, 2024

Article 461 of the Brazil Labor Code ( Consolidação das Leis do Trabalho , “CLT”) guarantees equal pay for equal work when that work is performed for the same employer, without regard to gender, ethnicity, nationality or age. The CLT details employment laws relating to working hours, compensation, vacation time, and health and safety.

Wage and Hour Training 130

Wage and Hour Training Sexual Harassment Harassment Discrimination 130

DecisionWise

DECEMBER 19, 2022

This article is an update to a previous article, “ Understanding the Employee Engagement Survey Provider Landscape: A Guide to the 6 Vendor Types ” The employee experience is a top concern for executives and leaders around the world.

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HR Software Planning Tools Tools Talent Experience 147

Homebase

JUNE 21, 2023

We compare them here in this article based on their essential features, pricing, and user experiences. That means it includes features like benefits management and compensation tools that small businesses with hourly teams won’t need. We’ve chosen them based on how they match Paylocity’s strengths and compensate for its weaknesses.

Paylocity 52

Paylocity HR Software Hiring Software Planning Tools 52

HRsoft

AUGUST 1, 2016

Most professionals complete as thorough as talent management system comparison as possible to ensure they’re getting the best available value that will deliver powerful business outcomes to their company. A recent Forbes article notes that in the early 2000s, HR management solutions primarily consisted of tools.

HR Software 40

HR Software Interview Software Planning Tools Recruiting Software 40

Analytics in HR

APRIL 12, 2023

As HR professionals, it’s our responsibility to ensure that every employee is compensated fairly and justly based on their skill set, responsibilities, and experience level. This approach to compensation can benefit both employees and organizations by fostering a sense of fairness and promoting retention and motivation.

Hiring Software 77

Hiring Software HR Software Compensation How To 77

Vantage Circle

APRIL 16, 2021

It is why today’s top talents are concerned about getting the best possible compensation package while joining a new company. This article is written by Barasha Medhi who is a part of the marketing team at Vantage Circle. The right benefits have the power to enhance your people's work-life balance.

Employee Engagement 59

Employee Engagement Comparison Career Development Employee Benefits 59

Zenefits

MAY 9, 2019

Many small businesses assume they don’t need to worry about compensation management. There are several salary comparison tools to help aggregate data for specific roles. Indeed also provides a free tool for salary comparisons. This process is called compensation benchmarking. How is compensation benchmarking done?

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Benchmarking Compensation Hiring Software Recruiting Software 31

Homebase

JUNE 19, 2023

In this article, we’ll look at top HotSchedules alternatives along with their features, pricing, pros and cons, and user ratings. Talent management: Simplify hiring, performance management, compensation, and learning. But it has its own set of drawbacks, like minimal customization options and poor user experience on mobile.

Hiring Software 52

Hiring Software Onboarding Software Planning Tools Staffing Software 52

Analytics in HR

OCTOBER 24, 2023

In this article, we will further unpack what is job leveling, offer examples of a job leveling framework and provide 9 steps for implementation in your organization. Job leveling is a system that defines an organization’s roles, corresponding job descriptions, responsibilities, career paths, and compensation ranges. Let’s begin!

Hiring Software 92

Hiring Software Recruiting Software Planning Tools HR Software 92

Visier

OCTOBER 22, 2018

What went into calculating total compensation? Experts anticipate that more organizations will go this route in coming years as the ratios start to come under increasing scrutiny and year-over-year comparisons are done. . How did the organization determine the median pay? Which employees were included or excluded?

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Visier Data Compensation Planning Tools 150

Visier

JULY 13, 2021

In comparison to their white counterparts, the slope of career progression into manager roles is relatively flat for Black employees. Several companies listed in this New York Times article , for example, have quantified their goals for addressing racial inequality. Step 2: Take the right action.

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Visier Report Background screening Hiring Software 315

DecisionWise

OCTOBER 13, 2020

This article outlines 4 common 360-degree feedback strategies and offers a few tips on how to maximize the effectiveness of each one. Keep in mind that scores on 360s for performance tend to be higher, as raters tend to grade easier when they believe the assessment may be tied to someone’s compensation. Who will see the evaluation?

Assessment Software 290

Assessment Software Strategy Planning Tools Competencies 290

15Five

JUNE 21, 2018

2) Avoid comparisons to peers. Forced ranking, or social comparisons, make it more difficult for employees to accept feedback. What’s more effective, the researchers said, are temporal comparisons—the “me now, versus me in the past.” 3) Separate compensation from the review process.

Assessment Software 150

Assessment Software Objectives & Key Results Performance Management Comparison 150

Business Management Daily

NOVEMBER 24, 2021

In this BusinessManagementDaily.com article, we cover: Details of the administrative assistant job description. Interview questions and comparison tools for hiring the best administrative assistant. Specialized training or education in organizational planning, compensation and benefits, OSHA, and federal labor law required. %.

Video Recruiting 98

Video Recruiting Interview Software Hiring Software Sexual Harassment 98

Trusaic

JULY 1, 2020

In this article, Trusaic takes you on a world tour, surveying how countries abroad have tackled one of the most important issues of our time. In Spai n , effective 2019, employers with 50 or more employees must develop and release equality plans which track compensation metrics by gender. consider ways to address the gender wage gap.

Wage and Hour Training 130

Wage and Hour Training Planning Tools HR Software Analysis 130

Vantage Circle

SEPTEMBER 16, 2021

In this article, I will walk you through the basics of ESOPs and how they work. ESOP plan (employee stock ownership plan) is a form of employee compensation that provides employees with an equity stake in the company. Recommended Read: A Quick And Simple Guide To Compensation Planning. So, without further ado, let's start.

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Planning Tools Retirement Hiring Software Staffing Software 52

Compensation Cafe

JUNE 22, 2021

They're usually paid a ton of money, at least in comparison to what's paid to those who must instruct them on how things are done here. So, I don't read those articles. Or what someone else’s article is spouting. Because they have an MBA, you're told. Here's Another Example. The eyes tend to glaze over.

Compliance Training 52

Compliance Training Hiring Software Case Study Compensation 52

Professional Alternatives

NOVEMBER 3, 2023

In this article, we will delve into the factors that influence mortgage rate trends, analyze data from the renowned Freddie Mac Survey, and gain insights from Freddie Mac’s Chief Economist on the road ahead for mortgage rates. When the economy is thriving, with low unemployment rates and robust GDP growth, mortgage rates tend to rise.

Trends 52

Trends Policies Survey Analysis 52

Empuls

JUNE 9, 2023

Based on what are these roles assigned and how does the compensation structure work in this system? One of the key elements in Human Resources, this process is what ensures that all jobs are assigned perfectly and are compensated fairly in all kinds of organizations.

Assessment Software 40

Assessment Software HR Planning HR Software Comparison 40

Compensation Cafe

SEPTEMBER 6, 2019

Comparisons drive behavior. Making the right comparisons can set you up for success. Making the wrong comparisons can drive you towards failure. Of course, compensation itself can be a form of feedback , too, because all rewards don't jingle. Creative Commons image "comparison" by jimshooz7.

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Background screening Comparison Compensation Performance Management 40

Analytics in HR

AUGUST 17, 2021

Salary range penetration is a crucial compensation metric to help you understand and manage pay differences at your organization. Why is salary range penetration a useful compensation metric? It lets employees and HR and compensation professionals know where someone stands in relationship to the entire salary band.

COMPAS 90

COMPAS Examples Hiring Software Metrics 90

Trusaic

APRIL 1, 2021

The Lexology article also notes that, in the United Kingdom, “some large employers have started to report on their own figures. Pay disparity refers to the adjusted metric after controlling for legitimate business factors; for example, most organizations use tenure as a legitimate business reason for making a compensation decision.

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Report Metrics Analysis Diversity 130

Homebase

JANUARY 7, 2022

Dive deeper into what it takes to be the right kind of leader by checking out our article on how to lead your team like a boss. Are you providing the right compensation for your employees? . Take a look at our article on how to build an impactful employee development program for more tips on how to provide this meaningful benefit. .

Wage and Hour Training 98

Wage and Hour Training How To Comparison Compliance Training 98

PSB

FEBRUARY 7, 2022

Cornerstone vs EdCast: Comparison. In this article we are going to see the difference between Cornerstone vs EdCast. Compensation Management. We hope that you found the comparison between Cornerstone vs EdCast useful in helping you decide which platform is most appropriate for your company’s needs. Keep reading!

Compliance Training 52

Compliance Training Comparison Video Recruiting Certification 52

HR Daily Advisor

APRIL 24, 2015

Many employers are beginning to present total compensation statements (also known as total reward statements) as a means of showing employees how the organization is investing in them. A total compensation statement may include:/p>. A total compensation statement must be personalized for each individual situation.

Compensation 40

Compensation HR Software Planning Tools Comparison 40

Compensation Cafe

AUGUST 23, 2022

In a conversation about pay-for-performance a number of years ago, one of the participants drew a comparison between the challenge of making merit pay work and the classic dilemma the Tragedy of the Commons. Editor's Note: What wisdom can Aristotle offer those of us who endeavor to make merit pay work? She earned her M.B.A.

Assessment Software 52

Assessment Software Compensation Comparison Groups 52

PSB

JANUARY 21, 2022

However, in this article, 360learning LMS vs Cornerstone OnDemand, we depict the best and must-have features for your organization that need to be considered to achieve your training program goals. In this comparison, 360Learning LMS vs Cornerstone OnDemand, let’s not forget to focus on customization. Compensation Management.

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Cornerstone OnDemand HR Software Onboarding Software Compliance Training 52