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10 vital HR metrics to track for your business

Business Management Daily

Human resources analytics, a relatively new discipline, is growing at an extraordinary rate and is quickly becoming an essential competency for HR professionals, according to Dr. Michele Rigolizzo, an assistant professor at the Feliciano School of Business at Montclair State University. It’s important in many ways.

COMPAS 59
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U.S. states are not ‘waiting on Congress’ to regulate AI

HRExecutive

Last week, I spoke with Dr. Matthew Neale, organizational psychologist and vice president of assessment products at Criteria Corp. , And, of course, most HR leaders are up to speed on New York City’s Automated Employment Decision Tool law. Pay transparency is Compa’s focus. If you will be there, let me know!

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Employee Compensation: Everything you Need to Know

Astron Solutions

As an HR leader for your organization, you know that employee compensation is not just something you determine when you hire a new team member and then forget about. Since 1999, we at Astron Solutions have helped growing organizations, including businesses and nonprofits alike , streamline their HR strategies and better manage employees.

COMPAS 59
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Learn a new word: Positive Predictive Value

Steve Boese

These kinds of use cases and others and the technologies that enable them present HR and business leaders with new and really powerful tools and capabilities that can, if applied intelligently, provide a competitive edge realized from the better matching, hiring, and deploying of talent. But the opposite, of course is also true.

COMPAS 68
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5 Compensation Analytics to Track That Answer Your Big Comp Questions

Compensation Today

Be on the lookout for the course launch, which includes helpful examples and insightful exercises — coming soon! Compa-Ratio. Usage: Compa-ratios help answer the question “Are we paying according to our plan?”. Assess: Similar to market-ratio, a compa-ratio of 1.0 says you’re paying exactly at the midpoint.

COMPAS 79
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Workforce Planners: 4 Steps to Improving Profit Margins for Services

Visier

By comparing different resource cost scenarios over the life of a project, and taking salary increases and turnover into account, firms can determine how best to staff projects that yield solid customer satisfaction at an optimal cost. For example , you can look at past increase percentages for staff based on experience level.

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How to Dig Into Compensation Analytics to Answer Specific Questions

Compensation Today

Be on the lookout for the course launch, which includes helpful examples and insightful exercises — coming soon! The numbers explain your challenges to recruit and maintain natural attrition in each place respectively. Compa-Ratio by Function. Compa-ratio can also be used for groups of employees.

COMPAS 50