Analytics in HR

FEBRUARY 23, 2024

With a good command of HR analytics and a data-driven mindset, you’re better prepared to navigate today’s business challenges and ready to unlock insights for strategic decision-making, optimizing workforce planning, and enhancing employee engagement and productivity.

Compliance Training 72

Compliance Training Course Analytics Background screening 72

PoliteMail

JULY 13, 2023

Benchmarking compares an organization’s performance — using metrics and key performance indicators (KPIs) – to standardized data from the historical performance within your own company or other companies within your industry. Sub-data include open rates, page views, click-through rates, and event participation.

Benchmarking 52

Benchmarking Assessment Software Planning Tools Retention and Turnover 52

Ongig

APRIL 25, 2023

Job description benchmarking is similar to salary benchmarking, where you study how other companies list their compensation packages. Here are some steps to develop a great job description benchmark to serve your company well across multiple functions (or even various clients). So, where do you start?

Benchmarking 59

Benchmarking Hiring Software Recruiting Software Interview Software 59

15Five

APRIL 16, 2024

Is there a compensation management tool ? Large enterprises (500+ employees): A robust and scalable solution that integrates with an HRIS to help manage high levels of employee data and information while remaining flexible and secure. Consider the following factors: Features Look for features that align with your business needs.

Onboarding Software 207

Onboarding Software Assessment Software HR Software Planning Tools 207

Astron Solutions

OCTOBER 4, 2022

Here at Astron, we receive many questions from our nonprofit clients regarding trends in and planning for executive compensation around this time of year. To wrap up our annual three-part series on compensation planning, it’s time to turn our focus to what’s happening in the dynamic world of nonprofit executive compensation.

Compensation 52

Compensation Trends Planning Tools Benchmarking 52

Astron Solutions

NOVEMBER 3, 2020

Finding the fairest and most motivating compensation for your team members is one of the most important jobs for HR leaders like you. Along with organizing your company’s structure and ensuring staff members stay engaged and motivated, determining a dedicated compensation plan is key to growing your organization and evolving over time.

Compensation 98

Compensation Survey Wage and Hour Training Hiring Software 98

Analytics in HR

JUNE 13, 2023

Are you looking to create a sales compensation plan for your company? organizations spend more than $800 billion each year to manage their sales force, with $200 billion devoted solely to compensation. Contents What is sales compensation? Sales compensation is a critical aspect of B2B organizations. Almost 80% of U.S.

Compensation 94

Compensation Planning Tools Bonuses and Incentives Examples 94

Analytics in HR

JUNE 22, 2022

In the competitive candidate market, organizations need to get their compensation strategy right. That’s why a compensation analyst is a fast-growing role and a career path worth considering. Let’s explore the role of a compensation analyst and how you can become one. Contents What is a compensation analyst?

Compensation 84

Compensation HR Planning HR Software Interview Software 84

Trusaic

APRIL 23, 2024

Part I focused on Compensation Philosophy Review and Pay Analysis Group formation and testing. Conducting a periodic pay equity audit provides feedback well in advance of your annual compensation cycle. For this reason, compensation decisions should be in alignment with internal equity at every stage of the employee lifecycle.

Hiring Software 130

Hiring Software Analysis Assessment Software Compensation 130

Bob

OCTOBER 9, 2023

However, it’s also vital that your teams be able to derive key insights from the wealth of HR data the tech will make accessible. What is HR data literacy? Data literacy skills not only unlock the true value of your people data but also build the credibility of your HR team. Who uses HR data across the company?

HR Software 78

HR Software HR Planning Onboarding Software Recruiting Software 78

HR Lineup

OCTOBER 11, 2021

Compensation in HRM, especially planning and analysis, is a crucial procedure that should be handled effectively to determine every employee’s compensation. With this compensation strategy, it is easier to structure performance-based benefits as well as streamline payment adjustments. Our List of Best Compensation Tools in 2021.

Planning Tools 79

Planning Tools Recruiting Software HR Software Analysis 79

Analytics in HR

MARCH 11, 2024

Research by FTSE Russell analyzed 25 years of market data of the annual returns of publicly traded companies featured on the ‘100 Best’ lists versus the rest. times more important than compensation compared with industry norms. This question measures satisfaction with their total compensation package. Did you know?

HR Software 88

HR Software Survey Planning Tools Assessment Software 88

Lighthouse

JULY 30, 2018

Did you realize that the way your company approaches compensation policy can actually create (or reduce) employee turnover? employers underestimate the percentage increase in compensation it would take to prompt an employee to change jobs. 3 Ways Compensation Practices Can Lead to Retention Risk. and the U.K.,

Compensation 113

Compensation Policies Retention and Turnover Benchmarking 113

Visier

SEPTEMBER 29, 2020

Often, the first instinct of a D&I lead is to bring in more bias training or special programs focused on the groups that may be affected. Let’s say they see 25% of their population belonging to a minority ethnic group. It allows you to dig deeper into your data to uncover the experience of your diverse populations over time.

Analysis 422

Analysis Visier Diversity Analytics 422

Compensation Cafe

OCTOBER 6, 2023

With this in mind, I always smile when someone says: "We've never had a compensation philosophy." Even better is this: "We've never communicated our compensation philosophy to employees." Even better is this: "We've never communicated our compensation philosophy to employees." Your compensation philosophy isn't what you say.

Compensation 40

Compensation Benchmarking Analysis Groups 40

Decusoft

MARCH 24, 2022

Compensation remains one of the top priorities for candidates when choosing a potential employer. Over the past two years, compensation and rewards have come under the public spotlight like never before, especially with the introduction of legislation aimed at improving pay transparency and equity. What’s the Solution?

Compensation 98

Compensation Aptitude Tests Hiring Software Assessment Software 98

Analytics in HR

JANUARY 24, 2023

DEI data builds the foundation of an effective DEI strategy. Gathering and evaluating DEI data is the best way to make decisions and measure and convey progress. Contents What is DEI data? Why collect DEI data? Contents What is DEI data? Why collect DEI data? How to collect DEI data What is DEI data?

Data 80

Data Hiring Software Recruiting Software HR Software 80

Professional Alternatives

NOVEMBER 3, 2023

In this article, we will delve into the factors that influence mortgage rate trends, analyze data from the renowned Freddie Mac Survey, and gain insights from Freddie Mac’s Chief Economist on the road ahead for mortgage rates. Market participants closely watch the PMMS as it serves as a benchmark for mortgage rates.

Trends 52

Trends Policies Survey Analysis 52

Bob

SEPTEMBER 21, 2023

Among many other benefits, an HCM helps you save hours of admin time by automating repetitive tasks—and we know that time is money—and provides real-time people data you can share with C-level executives for guiding the company’s long-term strategy and use for regulatory reporting.

Hiring Software 78

Hiring Software Onboarding Software HR Software Recruiting Software 78

Compensation Cafe

MAY 6, 2019

We'd be wise to keep this in mind when considering our organizations' compensation philosophies. I have to smile when someone says: "We've never had a compensation philosophy." Even better is this: "We've never communicated our compensation philosophy to employees." Your compensation philosophy isn't what you say.

Compensation 81

Compensation Benchmarking Groups Analysis 81

Analytics in HR

APRIL 1, 2024

Job evaluation is the systematic process of using internal and external data to determine the relative value that specific jobs bring to an organization. This ensures that compensation is commensurate with the worth of individual roles and that each has appropriate entry and performance requirements.

Assessment Software 89

Assessment Software Hiring Software Comparison Planning Tools 89

Great Place to Work

FEBRUARY 21, 2023

You need more than an affinity group to help your people feel included. Before Great Place To Work®, my experience with employee resource groups (ERGs) was a mixed bag. These groups, sometimes called business resource groups, have been around for decades. But the ERG at my location lacked the “resources” in its title.

Groups 52

Groups Resources Background screening Case Study 52

Compensation Cafe

AUGUST 4, 2021

Having access to timely salary data is critical to organizations' ability to make informed decisions when it comes to securing talent and maintaining their competitive position. While I will continue to be an advocate for data, it's worth noting that our dependence on it is demanding a better return on investment. is hard to come by.

Survey 52

Survey Hiring Software Data Assessment Software 52

Compensation Today

JULY 5, 2017

You may ask, how is product management like compensation management? Building a product and managing compensation for an organization are not projects — they’re ongoing endeavors that are continuously improving and delivering. How Agile Facilitates Easier Compensation Planning. Job benchmarking to market data – 2.

Compensation 70

Compensation Change Management Benchmarking Planning Tools 70

Trusaic

SEPTEMBER 21, 2023

EU Sustainability Standards: Pay Equity reporting and auditor requirements More detail on EU Sustainability Standards is provided by the European Financial Reporting Advisory Group (EFRAG). Organizations that handle related data, whether they are based in the European Union or not, must comply. Contact one of our pay experts today.

Report 130

Report Benchmarking Compliance Diversity 130

Compensation Force

AUGUST 11, 2017

While this is a question best answered in the context of your unique talent strategy -- what it will take to execute that strategy to drive organization success and what role HR plays in making that happen -- benchmarks can sometimes provide a helpful reference point. Creative Commons image "Group of People" by Karina Freitas.

Staffing 40

Staffing Benchmarking Analysis Report 40

Precheck

OCTOBER 24, 2017

Kristin Baird, President and CEO of Baird Group , a healthcare consulting firm, says conducting employee engagement surveys is a best practice when it comes to retention. Use these surveys to learn where the opportunities are, and use the data to drive your engagement strategy, Baird says. Revisit Pay and Benefits Regularly.

Retention and Turnover 69

Retention and Turnover HR Planning Bonuses and Incentives Staffing Software 69

Engagedly

APRIL 4, 2024

We will dive into the factors that determine a company’s salary band structure, the pros and cons of using them, and how it affects employee compensation. Benefits for Employers Pay Equity and Fairness: Salary bands promote pay equity by providing clear guidelines for compensation based on job roles and responsibilities.

Hiring Software 52

Hiring Software HR Software Compensation Assessment Software 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. Administers employee benefits and compensation that enhance employees’ satisfaction and financial security.

HR Planning 57

HR Planning Resources Hiring Software Onboarding Software 57

Kazoo

AUGUST 27, 2018

We’re honored to be with Craig Dameron today–Manager, Compensation North America, at McCain Foods. For a long time we’ve been able to get away with developing business cases for programs and spending based on “the right thing to do”, external research, and industry benchmarking. The Interview.

Compensation 130

Compensation HR Software ATS Interview Software 130

Kazoo

AUGUST 27, 2018

We’re honored to be with Craig Dameron today–Manager, Compensation North America, at McCain Foods. For a long time we’ve been able to get away with developing business cases for programs and spending based on “the right thing to do”, external research, and industry benchmarking. The Interview.

Compensation 130

Compensation HR Software ATS Interview Software 130

HR Tech Girl

DECEMBER 22, 2022

Making your compensation package attractive is a major lever you can pull to attract and retain top talent. A great way to deepen our understanding as HR professionals and business leaders is take a compensation course. Why take a compensation course? 13 Best Compensation Courses. HRCI Compensation and Benefits.

Course 52

Course HR Planning Compensation Compliance Training 52

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.

HR Planning 46

HR Planning Planning Tools Industry Hiring 46

HR Tech Girl

JULY 5, 2023

In today’s corporate landscape, where discussions around pay disparities, gender wage gaps, and unfair compensation practices dominate headlines, the concept of full pay transparency has emerged as a potential solution and, in some cases, as law. We make it clear that we don’t negotiate and we offer a clear salary range for the role.

Case Study 83

Case Study Study Compensation Hiring Software 83

Digital HR Tech

NOVEMBER 11, 2019

Compensation and benefits refer to the benefits a firm provides to its employees in exchange for their labor. Compensation and benefits are thus a key part of Human Resource Management. In this article, we will provide you with a full guide about compensation and benefits. Contents What are compensation and benefits?

Compensation 84

Compensation COMPAS HR Planning Retention and Turnover 84

Vantage Circle

JANUARY 10, 2024

Which data points shed light on why employees choose to stay or leave? 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.

Metrics 59

Metrics Retention and Turnover HR Software Benchmarking 59

Compensation Cafe

MAY 1, 2023

I've had the chance to work with many organizations that have decent, even quite good, compensation programs and practices in place, but where employees are simply not buying it. In my experience, communication about the compensation program in these organizations tends to be broad and relatively flavorless. You get the picture.

Compensation 52

Compensation Benchmarking Survey Groups 52