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What Is Human Resources?

Analytics in HR

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.

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Nuances of Nonprofit Compensation: 2017 Compensation Best Practices

Compensation Today

In a prior life, I did compensation and HR for a nonprofit. Every year, the age-old question would come up when it came time to benchmark our fundraising and programmatic jobs. As a grantmaking foundation, if we didn’t have cash, not only could we not pay our operating and payroll expenses, we couldn’t do our core work.

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A Guide to Payscale Philosophy and Strategy With People Operations

Zenefits

As the workforce moves towards more freelance, contract, and part-time engagements, companies need to make sure they are compensating their employees in a way that meets today’s work style. Creating a compensation philosophy that aligns with your company strategy is one way to strengthen hiring and retention.

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Six Considerations When Evaluating Your Compensation Strategy

Tandem HR

While compensation is only one factor for recruiting and retaining talent, it is critical to your overall HR strategy. Whether initiating or updating your compensation strategy and philosophy, the following best practices may help guide your process and decisions. Benchmark Jobs to Market. Organizational Alignment.

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Get Me a Compensation Strategy, STAT!

Compensation Today

One intentional decision that too many companies aren’t making: establishing their compensation strategy. PayScale’s 2017 Compensation Best Practices Report (CBPR) found that just 37 percent of all organizations have a comp strategy. What is a compensation strategy? Click To Tweet.

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How to calculate for pay for remote workforce

HR Digest

Getting pay right for remote workers requires a thoughtful and well-articulated approach to compensation To get a fair compensation package for remote workers, certain factors must be considered. And here are a few tips for working out the compensation based on the experience of other companies that have opted for remote work.

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A Quick And Simple Guide To Compensation Planning

Vantage Circle

As a leader, compensation planning is one of the skills you will need to master. One of the most important aspects of organizational planning is having a compensation plan that rewards employees and provides competitive pay. The bottom line is that the better your compensation strategy is, the better your retention rates.