HRsoft

MAY 16, 2019

Budget allocation determines how much the organization has to dedicate to employee pay, and how much of that budget will be spent on base salary versus benefits and other incentives. Compensation and benefits professionals use salary ranges to benchmark jobs within their industry to create structures for paying their employees.

Compensation 79

Compensation Planning Tools Bonuses and Incentives Benchmarking 79

Extensis

JANUARY 4, 2024

Coaching future leaders Cultivating the next generation of leadership will be paramount to employers this year. A wave of seasoned leaders are retiring, and with just 10% of the population being natural leaders , many successors will require training to help them reach their potential in their new roles.

HR Trends 52

HR Trends HR Planning HR Software Trends 52

Analytics in HR

JULY 31, 2023

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Human Resources is the department in a company that handles everything related to its employees.

HR Planning 57

HR Planning Resources Hiring Software Onboarding Software 57

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. They also should detail employee benefits , life insurance , and retirement plans. 72% of job seekers say they must understand the work culture before accepting an offer.

Hiring Software 52

Hiring Software Background screening Hiring HR Planning 52

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. If you come to the discussion primed with a solid understanding of industry benchmarks, your argument will be more cogent and you’ll be better able to justify your desired salary.

Compensation 53

Compensation Coaching Assessment Software Payscale 53

Analytics in HR

OCTOBER 27, 2023

Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. Benefits are extra perks or rewards that an organization provides to an employee, and they may have a financial value, but the employee doesn’t receive any cash directly.

Compensation 111

Compensation Wage and Hour Training COMPAS Bonuses and Incentives 111

6Q

JUNE 4, 2023

Employee turnover, also known as staff turnover, is a measure of how frequently employees are leaving your organisation. Employee turnover can either be voluntary (like when an employee resigns, retires, or transfers) or involuntary (like terminating an employee due to poor performance or as part of company wide layoffs).

Retention and Turnover 98

Retention and Turnover Hiring Software Onboarding Software HR Planning 98

Paycor

OCTOBER 4, 2019

The good news is, we’ve discovered a way to help employee turnover without breaking the bank. Paycor analyzed the data from more than 30,000 clients nationwide and found organizations offering six employee benefit plans (medical, dental, retirement, etc.)

Planning Tools 40

Planning Tools Retention and Turnover Strategy Paycor 40