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What’s Your Most Useful Metric? More Results of Our HR Metrics Survey

HR Daily Advisor

In yesterday’s Advisor , we shared some of the results of our nationwide survey on HR metrics. 604 individuals participated in the HR Daily Advisor ’s HR Metrics Survey, conducted in April 2015. Turnover is clearly a very important metric for the HR professionals we surveyed—78% of participants measure it.

Metrics 40
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7 Compensation Issues and How to Fix Them

Analytics in HR

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. Tracking compensation metrics. So how do you identify and fix compensation issues? Executive compensation. Steps to identify and fix compensation issues.

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A Comprehensive Guide to the Compa Ratio

Analytics in HR

In its original use, compa ratio (or comp ratio, or compensation ratio) is a simple formula designed to compare an individual’s actual salary to the midpoint of a defined salary range. Over the past few decades, HR and compensation professionals have found many more ways to use it. Don’t base decisions on compa-ratio alone.

COMPAS 106
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Compensation and Benefits

Analytics in HR

For example, perks like bonuses, stock options, 401k matches, pension plans, paid time off , and even free lunches are all attractive to different people and make up an essential part of the compensation and benefits package. HR uses compensation to attract top talent and boost retention rates. This money is subject to taxation.

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What is Compensation Management?

HRsoft

If you are a compensation specialist, payroll specialist, HR leader, business owner or manager, in this article we will take a deep dive into the most common questions asked about compensation management and strategy. It is a critical element in talent management, as it affects recruiting, retention, and operating budgets.