Analytics in HR

NOVEMBER 1, 2022

Companies that operate in different industries or are growing rapidly often need to bring in various types of HR professionals to assist in managing the people in the organization. One such role is the human resources specialist position. Contents What is a human resources specialist?

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HR Planning Resources Hiring Software Onboarding Software 121

HRExecutive

APRIL 18, 2024

After breaking down cross-industry data on internal hiring, we provide guidance for how to benchmark this measure and think critically about your use of internal hiring. At a broad level, it is an indicator of the formal movement of talent within an organization and the strength of its internal talent pipeline.

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Workforce Planning Planning Tools Recruiting Software Hiring Software 117

HR Daily Advisor

SEPTEMBER 21, 2017

The labor market is tightening and turnover is increasing, but banks are planning to grow employment, according to data from the Crowe Horwath LLP 2017 Bank Compensation and Benefits Survey. The survey, which compiled data from 375 banks, also shows salary and bonus benchmarks for 263 job positions.

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HR Planning Planning Tools Industry Hiring 46

Decusoft

APRIL 18, 2022

A thorough compensation analysis will provide insights for human resources and senior management to make crucial decisions regarding salary and benefits packages. There are several benchmarks that are used to analyze data between roles and companies. Benefits of conducting compensation analysis include: Salary Benchmarking.

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Analysis Compensation HR Software Staffing Software 72

EmployeeConnect

APRIL 9, 2024

Striking the Balance: Salary Structure and Benchmarking One of the foundational elements of compensation management is establishing a fair and competitive salary structure. A well-defined salary structure not only ensures equitable compensation but also serves as a benchmark for assessing internal equity and external competitiveness.

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Compensation Assessment Software HR Software Benchmarking 130

Business Management Daily

JUNE 14, 2023

To find out, you’ll need to learn how to calculate your employee turnover rate, which is a necessary skill for any HR department. You can also separate your voluntary turnover (employees choosing to quit or retire) from your involuntary turnover ( terminating employees due to poor performance ) in your turnover calculation.

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Retention and Turnover How To HR Planning Retirement 52

EmployeeConnect

MARCH 20, 2017

KPIs, or key performance indicators , track individual performances against strategic company objectives. KRAs, or key result and responsibility areas, however, focus more on internal and external factors that are critical to success. The words vary based on what’s being measured.

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Metrics Assessment Software Staffing Software Objectives & Key Results 138

Analytics in HR

FEBRUARY 15, 2022

Workforce analysis is a process used to collect, analyze, and interpret data to assess the current state of the workforce and turn it into actionable information which organizations can use to plan to meet their future needs. These insights are crucial for an effective workforce planning process. Define a challenge you want to address.

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Analysis HR Planning Hiring Software Retention and Turnover 79

Extensis

JANUARY 4, 2024

Quick look: The new year is here, and as a broker, your clients turn to you to provide professional guidance on emerging human resources topics. Embracing HR technology The latest technological tools aren’t just fun and novel—they’re increasingly necessary for businesses to stay afloat.

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HR Trends HR Planning HR Software Trends 105

Analytics in HR

SEPTEMBER 13, 2023

Are you interested in a rewarding career in HR? Or maybe you’re already in an entry-level HR position and wondering which specialization to pursue for higher pay? This article will explore 21 high-paying HR jobs that offer salaries ranging from over $100,000 to well above $400,000 per year. Let’s dive in.

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HR Software HR Planning Hiring Software Recruiting Software 91

Abel HR

MARCH 19, 2021

Looking at the latest workforce management trends, you’ll know that changes are indeed in order. Here’s a look at what the workforce management of the future looks like and how you can modify yours to keep ahead. One of workforce management’s main tasks is planning, controlling, and optimizing work in a company.

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Hiring Software Staffing Software Planning Tools Recruiting Software 52

Homebase

MAY 30, 2023

That’s why you’re looking for HR software that can take some tedious admin tasks off your hands. At least now you have a better idea of what you’re looking for — a platform similar to ADP with a few key changes to suit your needs. We’ve researched* and compared them on their key features, pricing, and user experience.

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Hiring Software Onboarding Software Planning Tools HR Software 52

Peoplebox

APRIL 27, 2024

Imagine you’re a manager at a tech startup. This is where HR analytics steps in. In this blog post, we tell you everything you need to know about HR analytics to improve your team’s performance and efficiency. What is HR Analytics? Why Is Human Resources Analytics Important? Wondering how?

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HR Software Hiring Software Assessment Software Recruiting Software 52

Insperity

OCTOBER 17, 2023

But did you realize that your human resources (HR) team could be one of your greatest assets in keeping employees around? Here are eight ways that your organization’s HR personnel can have a direct, positive impact on your employee retention strategy and serve as a valuable partner alongside management.

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HR Planning HR Software Hiring Software Strategy 104

cipHR

AUGUST 9, 2023

One of the benefits of human resource management software is the control and visibility it gives over your people data. But among hundreds, if not thousands, of people metrics, what should your HR systems report on? Today, HR teams can achieve dramatically more with their people data.

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HR Planning Hiring Software HR Software Onboarding Software 52

Analytics in HR

DECEMBER 22, 2023

In a time when HR professionals are struggling to find, hire, and retain employees, the competition for talent is becoming more challenging by the day. One of the first things employees look at before even receiving a job offer is their compensation package. In fact, 83.4% Contents What is a compensation package?

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Compensation Bonuses and Incentives HR Software Hiring Software 80

HR Digest

MAY 21, 2023

A recent study by the Predictive Index (PI) found, optimizing talent is the number one concern keeping business leaders up at night. From mandated health insurance plans to free snacks, benefits and perks can play a big role in talent attraction and employee retention. Create a tentative benefits plan 5. Payroll taxes 2.

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Employee Benefits Retirement Compensation Benchmarking 105

Zenefits

OCTOBER 13, 2021

Health insurance, employee assistance programs, mental health services, bonuses, work-from-home opportunities, and retirement savings are just a few of the popular benefits programs. Employee benefits benchmarking data can provide insights into your plan performance, employee benefits data and participation, and other key measurements.

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Benchmarking Planning Tools Zenefits Retirement 36

Extensis

JANUARY 4, 2024

Quick look: The new year is here, and as a broker, your clients turn to you to provide professional guidance on emerging human resources topics. Embracing HR technology The latest technological tools aren’t just fun and novel—they’re increasingly necessary for businesses to stay afloat.

HR Trends 52

HR Trends HR Planning HR Software Trends 52

Extensis

JULY 13, 2023

Though health and retirement savings benefits continue to lead the pack, modern offerings like flexible work environments and extended leave policies are gaining more traction. The 2023 SHRM Employee Benefits Survey shares the latest trends in employee benefits by capturing feedback from HR professionals and employers.

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Employee Benefits Survey Planning Tools Hiring Software 90

HRExecutive

OCTOBER 31, 2023

4 last year—on the Financial Wellbeing Employer Survey, bumping retirement preparedness from its six-year run as employers’ greatest concern. That’s based on a survey of 252 HR leaders at companies with at least 500 employees that offer financial wellness programs. Bank of America, for example, offers its U.S.

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Wellness Retirement Coaching Survey 122

HR Daily Advisor

SEPTEMBER 11, 2017

Retirement plan recordkeeping, trust, and custody fees—in a steep decline for years under pressure from sponsors, participants, federal regulations, and litigation—remained flat for the first time since 2010, according to a new survey. Plan fees were the lowest in a decade last year, and now the trend has taken a breather.

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Retirement Planning Tools Study Survey 46

Analytics in HR

DECEMBER 8, 2023

Strategic workforce planning enables HR and business leaders to identify and anticipate their workforce needs and challenges and take action to ensure the organization is prepared to succeed not only today but in the future. Contents What is strategic workforce planning? It is conducted by HR but led by business and HR leaders.

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Workforce Planning Planning Tools Hiring Software Assessment Software 78

Edcor

JUNE 21, 2021

The job market is recovering in the United States, but skilled human resources are scarce. Low rates of educational attainment and large numbers of worker retirements are two factors that have created a need for qualified workers that is immediate and will increase in the future. Cover Education at all Levels.

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HR Software HR Planning Hiring Software Planning Tools 98

Analytics in HR

JULY 26, 2022

Well-executed headcount planning helps your organization grow sustainably and improve performance. Let’s explore what headcount planning is and how you can implement headcount planning best practices at your business. Contents What is headcount planning? Why does your organization need headcount planning?

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HR Planning Planning Tools HR Software Hiring Software 127

ForUsAll

MAY 18, 2018

If you are a new member of the human resources department – or if you are the HR department – you have a lot on your plate. HR professionals often take on numerous duties relating to the company retirement plan. HR professionals often take on numerous duties relating to the company retirement plan.

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HR Planning Benchmarking Retirement Compliance 49

Zenefits

SEPTEMBER 14, 2022

Whether you are recruiting new employees or focusing on employee retention , a solid compensation plan is key to finding and keeping top-quality employees. Most companies do an annual review of their compensation plans. Key areas to review when evaluating your compensation plan. Answer to see the results.

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Compensation Planning Tools Benchmarking Retention and Turnover 41

DecisionWise

AUGUST 18, 2023

And we’re really grateful to have some HR people here. You do get credit for this session and all the webinars that we do here at, at DecisionWise. So, at DecisionWise. I come to DecisionWise with a background in HR, organizational behavior, consulting, and JD/MBA. So, check out our other, our other sessions.

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Employee Engagement Decisionwise Benchmarking Hiring Software 246

Talentia

SEPTEMBER 29, 2023

As an HR manager, you are likely trying to make your positions as attractive as possible to the modern professional. In this post, we will look at compensations and perks and how these types of packages work, as well as what to consider when structuring your own employee benefits package with the help of Talentia’s Pay Review Software.

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Compensation Employee Benefits HR Software Planning Tools 52

HR Daily Advisor

OCTOBER 28, 2015

The retirement plan you sponsor comes along with some serious responsibilities. Among those is the duty to understand and evaluate fees paid on behalf of the plan. You may use benchmarking data to determine whether those fees are reasonable. Read more here.

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Retirement Data Benchmarking ATS 40

Astron Solutions

MAY 28, 2019

These professionals have a deeper understanding of the forces and pressures at play in the nonprofit sector. The main idea at this first stage is to define a focused scope of services. Conducting benchmark surveys. Reviewing existing compensation plans. Creating or updating incentive or variable compensation plans.

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Compensation Hiring Software Hiring Background screening 60

Visier

OCTOBER 15, 2014

If I had to use one word to describe the energy on the show floor at this year’s HR Tech, it would be this: dynamic. Remembering our first HR Tech back in 2011, and reflecting on the show this year, the first thing that strikes you is how much the Expo floor has changed because of mergers and acquisitions.

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Trends Retention and Turnover Retirement Visier 150

HR Daily Advisor

JUNE 2, 2017

Department of Labor (DOL) investigation of an employer-sponsored retirement plan may originate in a variety of ways. It’s not uncommon for the regulatory agencies that oversee retirement plans to disclose new initiatives aimed at ensuring that employees’ benefits are protected.

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Retirement Benchmarking Employee Benefits Payroll 43

Corporate Synergies

JUNE 4, 2019

Benchmarking and surveys help employers zero in on options that workers deem valuable. With unemployment at a 50-year low, health and welfare benefits have become a big differentiator for employers, which means they need to be competitive to attract and retain employees. Benchmarking and surveys provide solid answers.

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Benchmarking Employee Benefits Survey Planning Tools 44

Analytics in HR

JUNE 22, 2022

A compensation analyst works within the Compensation & Benefits or Human Resources department and their role is to help organizations develop fair compensation structures to attract and retain employees by analyzing various data. Planning and communicating best practices for evaluating and compensating employees.

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Compensation HR Planning HR Software Interview Software 84

Extensis

JANUARY 17, 2024

According to the Society for Human Resource Management’s (SHRM) new benchmark research , the average cost of recruitment is nearly $4,700 per hire. This human resources (HR) metric focuses on the number of days it takes from a job being posted to when an offer is accepted. million job openings and 3.4%

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Hiring Software Background screening Hiring HR Planning 110

HR Bartender

JUNE 19, 2017

(Editor’s Note: Today’s post is sponsored by Massachusetts Mutual Life Insurance Company (MassMutual), a leading provider of insurance, annuities, retirement plans, and other employee benefits. We budget, plan, and strategize like any business. Big companies can have more resources at their disposal.

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Talent Experience Planning Tools Recruiting Software HR Software 322