Insperity

NOVEMBER 23, 2023

The information to be shared also varies – from providing salary ranges to sharing detailed compensation data. Both job seekers and businesses can benefit from more open compensation practices. The key is to develop a structured compensation philosophy, set competitive salaries, and communicate pay practices openly and transparently.

Compensation 83

Compensation Benchmarking Policies Talent Experience 83

Compensation Cafe

DECEMBER 19, 2017

Is your compensation structure a Payalotasaur? No matter your approach to pay, you are probably acting as a Compensation Paleontologist to get things done. Where paleontologists differ from most compensation professionals is that this creation of missing pieces is both expected and part of the fun of the job.

Compensation 55

Compensation Benchmarking Data Survey 55

Compensation Today

JUNE 13, 2016

Jenni Marquez, CCP, PayScale Compensation Professional Most organizations don’t intend to pay employees low, but market shifts and legislation changes can often result in underpaid employees. If that number seems low to you, then your city likely has a law on the books dictating higher pay. I repeat— where you compete for talent.

Wage and Hour Training 40

Wage and Hour Training Payscale HR Planning Hiring Software 40

Littal Shemer

MAY 14, 2018

These books can change your career: People Analytics and HR-Tech reading list. There are too many professional books one can read in a lifespan. This list of People Analytics books is not exceptional. I won’t be able to complete reading all of it, though I do have these books on my Kindle, ready for browsing. Be careful!

HR Planning 111

HR Planning Analytics HR Software Hiring Software 111

Analytics in HR

APRIL 1, 2024

This ensures that compensation is commensurate with the worth of individual roles and that each has appropriate entry and performance requirements. Supports strategic HR management: Job evaluation aligns with strategic HR goals by ensuring that compensation practices support the organization’s overall objectives and culture.

Assessment Software 89

Assessment Software Hiring Software Comparison Planning Tools 89

Extensis

JANUARY 4, 2024

This data may also help clients determine their organization’s skill gaps and any biased patterns in promotion and compensation, which further contributes to their diversity, equity, and inclusion (DEI) initiatives. Access to 15Five , an industry-leading employee engagement and performance management application.

HR Trends 105

HR Trends HR Planning HR Software Trends 105

Vantage Circle

JANUARY 10, 2024

Are you looking to reduce turnover, improve employee satisfaction , or meet industry benchmarks? Benchmark Against Industry Standards Research industry-specific benchmarks to see how your organization compares to others in your field. Benchmarking against industry standards. Analyzing historical data.

Metrics 59

Metrics Retention and Turnover HR Software Benchmarking 59

Compensation Cafe

MARCH 4, 2022

We make hundreds of small decisions like this every time we benchmark compensation, determine incentive pay levels, set goals, and decide on merit increase minutiae. Dan is a leading expert on incentive plans and equity compensation issues. Things in the past get fuzzier over time. Connect with Dan on LinkedIn.

Planning Tools 52

Planning Tools Compensation Benchmarking Data 52

Vantage Circle

JANUARY 10, 2024

Are you looking to reduce turnover, improve employee satisfaction , or meet industry benchmarks? Benchmark Against Industry Standards Research industry-specific benchmarks to see how your organization compares to others in your field. Benchmarking against industry standards. Analyzing historical data.

Metrics 52

Metrics Retention and Turnover HR Software Benchmarking 52

Vantage Circle

JANUARY 10, 2024

Are you looking to reduce turnover, improve employee satisfaction , or meet industry benchmarks? Benchmark Against Industry Standards Research industry-specific benchmarks to see how your organization compares to others in your field. Benchmarking against industry standards. Analyzing historical data.

Metrics 52

Metrics Retention and Turnover HR Software Benchmarking 52

HR Bartender

MAY 23, 2017

When it comes to execution, I’m reminded of the book “Execution: The Discipline of Getting Things Done” by Larry Bossidy and Ram Charan. Compensation and Benefits – Reactions to pay and benefits offered. As part of content development, it would be beneficial to reach consensus on a handful of benchmarking items.

Employee Engagement 334

Employee Engagement Survey Planning Tools Hiring Software 334

Compensation Cafe

DECEMBER 10, 2019

Equity compensation confounds many in the compensation world. And no, the typical equity compensation expert does not cut off their own ear. Compensation people love to be precise. Benchmarking base pay is more science than art. Equity compensation turns this on its head. Connect with Dan on LinkedIn.

Compensation 64

Compensation Benchmarking Planning Tools Data 64

15Five

SEPTEMBER 26, 2018

I joined 15Five’s Director of People Science, Courtney Bigony and Chief Culture Officer, Shane Metcalf, in a recent webinar where we addressed ratings and compensation as they relate to performance reviews. In my book, Next Generation Performance Management , I differentiate between Performance Management 1.0 (PM Webinar Recap.

Performance Management 153

Performance Management Strategy Bonuses and Incentives Compensation 153

Compensation Cafe

JANUARY 21, 2021

It sounds easy and elegant, but for finance, legal, HR, and compensation professionals the process can be overwhelming. Your compensation philosophy must change to keep you competitive in this new market. Your executive compensation must be benchmarked against publicly-disclosed SEC or SEDAR filings.

Compensation 59

Compensation Data Benchmarking Survey 59

Compensation Cafe

FEBRUARY 1, 2022

As compensation professionals, we worry an awful lot about prices. Value is something we often put on a back burner while trying to build a better benchmark. Dan is a leading expert on incentive plans and equity compensation issues. But, the smart person who first said it seems to be lost to history, so I am borrowing it.

Compensation 52

Compensation Benchmarking Planning Tools Study 52

Insperity

OCTOBER 14, 2021

Compensation services. Did you know that a PEO may offer compensation services, beyond salary surveys? With some PEOs, you can get advice directly from people familiar with the ins and outs of employee compensation. Download our free e-book, HR outsourcing: A step-by-step guide to professional employer organizations (PEOs).

HR Planning 87

HR Planning Compensation Retention and Turnover Human Capital Management 87

Compensation Cafe

APRIL 23, 2018

If your CEO doesn’t understand and support the way you pay people, you will probably fail as an HR or Compensation leader. When evaluating the cause of compensation problems, it’s a good idea to start with the five items below. For example, several years ago I had a CEO tell me he wanted his pay benchmarked to the CEO of Amgen.

Compensation 83

Compensation Benchmarking Examples Industry 83

Extensis

JANUARY 4, 2024

This data may also help clients determine their organization’s skill gaps and any biased patterns in promotion and compensation, which further contributes to their diversity, equity, and inclusion (DEI) initiatives. Access to 15Five , an industry-leading employee engagement and performance management application.

HR Trends 52

HR Trends HR Planning HR Software Trends 52

Vantage Circle

JANUARY 19, 2023

Sales incentive programs are systems developed by businesses to compensate salespersons for achieving certain specific goals. Which is why we need different approches to employee compensation. These vouchers can be for hotel bookings, homestays, flight tickets, cruises, and many more. What Is A Sales Incentive Program?

Bonuses and Incentives 105

Bonuses and Incentives Planning Tools Onboarding Software HR Software 105

Compensation Cafe

JULY 26, 2017

We make hundreds of small decisions like this every time we benchmark compensation, determine incentive pay levels, set goals, and decide on merit increase minutiae. He is passionately committed to aligning pay with company strategy and culture and considered a leading expert on equity compensation issues.

Planning Tools 64

Planning Tools Compensation Benchmarking Data 64

Compensation Cafe

MARCH 22, 2018

We were discussing the cost of long-term incentives as related to their compensation philosophy of paying between the 50 th and 75 th percentile. Everyone reading this post knows it’s true, but we often get lost in the arcane acts benchmarking and leveling and forget a key objective of every pay program.

Wage and Hour Training 58

Wage and Hour Training Compensation Benchmarking Training 58

cipHR

OCTOBER 19, 2021

Research the market online to benchmark pay for your job role, sector and location. Book in a formal meeting with your manager, which enables you to highlight, with meaningful conversation, all the reasons why you believe your worth warrants a pay rise. This will help identify your pay range and if your pay is below average.

Video Recruiting 98

Video Recruiting How To Comparison Benchmarking 98

HR Tech Girl

MAY 19, 2023

He’s a sought-out panelist and featured speaker at industry-leading conferences, a patent owner, and author of two books and numerous published articles on best practices on talent management and knowledge management Hi Wesley, welcome to the series! We’d love to get to know you a bit better, can you tell us a bit about how you got started?

HR Software 52

HR Software Talent Experience Hiring Software Recruiting Software 52

Analytics in HR

MAY 26, 2021

Essentially, an HR audit is an opportunity to tighten up processes so that aspects like recruitment, retention, onboarding, training, salary and compensation, payroll, and performance management all get the attention they need. Creates equitable and fair compensation. Compensation and salary. It might seem like a lot of work.

HR Planning 86

HR Planning HR Software Hiring Software Wage and Hour Training 86

Compensation Cafe

DECEMBER 29, 2014

Even compensation experts, supposedly the most analytical of HR types, have difficulties with data. Even in the numbers-oriented world of compensation management, Scientific Wild-Ass Guesses (SWAGs) still are required sometimes. All decisions are B.A.D. decisions, relying on the Best Available Data known at the time.

Bonuses and Incentives 71

Bonuses and Incentives Compensation Survey Benchmarking 71

15Five

SEPTEMBER 5, 2019

Mihaly Csikszentmihalyi wrote in his bestselling book Flow: The Psychology of Optimal Experience , “The more a job resembles a game – with variety, appropriate and flexible challenges, clear goals and immediate feedback — the more enjoyable it will be regardless of the worker’s level of development.”

Performance Management 100

Performance Management Objectives & Key Results Assessment Software Strategy 100

15Five

JULY 6, 2016

This is especially true of millennial workers , who see compensation more as a threshold than a scorecard. – Start a book club or crowdsource a library. From there, the manager and employee break down each goal into component parts, setting quarterly and monthly benchmarks. So what does move the needle?

Hiring Software 269

Hiring Software Time and Attendance Compliance Training Benchmarking 269

Netchex HR Blog

SEPTEMBER 17, 2022

The term “work to rule” describes when groups of employees do the bare minimum as a form of job action or “rule-book slowdown.” Employers can ask a lot of employees, moving benchmarks and raising quotas without raising compensation. Workers are asked to take on more responsibilities without extra compensation.

HR Software 65

HR Software HR Planning Sexual Harassment Wage and Hour Training 65

Semos Cloud

SEPTEMBER 7, 2022

A company’s attitude towards compensation, benefits, and rewards that all employees receive speaks volumes about its appreciation towards its workforce. However, designing a balanced total rewards compensation package for a large workforce is not a walk in the park. Designing a Total Rewards Compensation Package. Compensation.

Assessment Software 52

Assessment Software Planning Tools HR Software Interview Software 52

Insperity

JULY 13, 2021

A well-established PEO will typically offer a human capital management (HCM) system that organizes and streamlines important employee data and related processes into one integrated system, which can also include predictive analytics and benchmarking. You’ll have access to knowledgeable HR specialists.

HR Planning 95

HR Planning HR Software Planning Tools Recruiting Software 95

Analytics in HR

MAY 23, 2022

They have needs and wants that must be met, like the need to be heard, compensated well, and grow professionally. With compensation and monetary incentives, you should empower employees to understand their worth and compare your offer with the industry benchmarks or those offered by competitors. View employees as consumers.

Hiring Software 119

Hiring Software HR Software Interview Software Planning Tools 119

Hire Road

MARCH 21, 2024

Whether you’re managing compensation or analyzing retention, technology helps you make informed decisions, track progress, and adjust plans. If you’re ready for transformational data-driven HR planning, book yourself a free demo of PeopleInsight by HireRoad and start seeing value in just 5 days. But what do you need to measure it?

Planning Tools 59

Planning Tools HR Software Hiring Software Recruiting Software 59

Compensation Cafe

JUNE 21, 2017

As compensation professionals, we worry an awful lot about prices. Value is something we often put on a back burner while trying to build a better benchmark. He is passionately committed to aligning pay with company strategy and culture and considered a leading expert on equity compensation issues. But, that’s not the point.

Compensation 40

Compensation Benchmarking Study Industry 40

Compensation Cafe

DECEMBER 1, 2014

Sales compensation has always been a different beast: it has different buyers and economic cycles than employee rewards, and sales incentives constantly evolve to meet new business needs. I think the prime culprit is practitioner obsession with benchmarking as the key to rewards design. It asks how we can look like everyone else.

Bonuses and Incentives 70

Bonuses and Incentives HR Software Benchmarking Compensation 70

Analytics in HR

MAY 14, 2018

Compensation and benefits analysis. Some, especially the compensation and benefit analysis and scenario planning, help to identify the future needs of the workforce. Compensation & benefit analysis. We haven’t written a lot about compensation and benefit analysis yet. Strategic workforce planning map. HR dashboarding.

Planning Tools 93

Planning Tools HR Software Workforce Planning HR Planning 93

Dr. Nadine

OCTOBER 4, 2018

Rarely does a week go by without one of my executive coaching clients or prospective clients reaching out to me with reservations about his/her compensation level. Executives are, understandably, keen to ensure that their compensation is commensurate with their skills, talents, and experiences. They do so at their peril.

Compensation 53

Compensation Coaching Assessment Software Payscale 53

Compensation Cafe

AUGUST 29, 2016

The question about when and how to apply premiums and discounts to market data seems to be one that is continually discussed and written about, and it invariably comes up when Compensation professionals need to justify their pricing decisions to management. Kent Oldham, CCP is a Compensation Consultant with HealthPartners.

Compensation 40

Compensation Survey Comparison Benchmarking 40