INDUSTRY INSIGHTS YOUR PEERS ARE READING
As our exposure to Big Data progresses exponentially, analytics and BI are playing an increasing role in overall corporate strategy. Few departments are exempt from regularly analyzing and reporting metrics to the C-suite, and long-term tracking of this data is invaluable. MORE
This all changed in 1980, when Dr. Jac Fitz-enz — now celebrated as the father of modern HR — founded the Saratoga Institute , and developed the first international HR benchmarking service. Enter HR Benchmarking 2.0: The post Why Benchmarking 2.0 MORE
Leveraging solid benchmark data over time allows you to understand trends in the benefits market and how they apply to your company. The post Benefits of Benchmarking appeared first on Mercer PeoplePro Blog. Entrepreneur Health & Wellness Hr Human resources Small business advice Small business hiring small business incubator Small business news Start ups MORE
Benchmarking Metric Benchmarking can be a great way to compare your metrics to industry best practices, however accessing relevant benchmarking data for you industry is not always easy to obtain or broadly available for every industry. MORE
Insights – Hireology’s analytics platform –just received an update to make our benchmarks even more accurate. Industry benchmarks make it easy to measure and compare aspects of your hiring process to other businesses like yours to see how you stack against the competition. MORE
Have you ever found yourself staring at lines of market data, wondering how you are going to benchmark your HR/Accounting Assistant, Recruiter/Front Desk Receptionist or Medical Coder/Billing Specialist? Benchmarking hybrid jobs is more complicated than simply “splitting the difference.' MORE
Data is now the most valuable currency in the world. But in contrast to the murky ethics of sourcing and selling consumer-driven data , leveraging internal HR data analytics to make better workforce decisions has been a key Human Resources best practice for decades. MORE
Here's the value of benchmarking data Are collection issues or corporate problems your HR challenge? MORE
But, from a marketing standpoint, there are specific, short-term Twitter chat benchmarks that I failed to hit. So I’m sitting here in my pajamas on a Sunday morning eating oatmeal (which always gets stuck in my teeth) and looking at the data and chat history. Hey, everybody. MORE
The early stages of a relocation program are a lot like the first steps in a relocation. The first piece of information our Relocation Consultants ask for is where a person lives now, and where their destination city is. MORE
New research by University of Michigan professor Martin Schmalz and co-authors Miguel Anton and Mireia Gine of the IESE Business School and Florian Ederer of the Yale School of Management helps explain why—and why benchmarking happens more in some industries than in others. ” Schmalz, Anton, Ederer and Gine examined 20 years’ worth of data from ExecuComp, which measures the compensation of top executives of the largest 2,000 U.S. MORE
When it comes to finding and retaining the right talent for your organization, there are many inputs and sources of data that can help inform the recruitment and retention process. We asked ourselves: How can you use engagement and performance data in the talent acquisition process? MORE
Salary benchmarking data can help you retain your best executives and ensure that you recruit top talent. Here's how MORE
When we design employee surveys for our clients, it’s common for them to ask us about benchmarking and how it can help their company. This is a good question, because benchmarks are a quick way to see if your organization is on the right track. How old is the data? MORE
Namely recently launched our Benchmarking Package to clients, an offering which provides quarterly reports of company-specific insights with tailored benchmark data layered directly on top. HR Technology Product Updates HR Data HR MORE
Benchmarking and surveys help employers zero in on options that workers deem valuable. Benchmarking and surveys provide solid answers. They turn to benchmarking and employee surveys to build and validate benefit plans. Benchmarking studies yield details like: Medical plan type. MORE
But now that you have the data, you’re probably wondering: “What next?”. Having data is one thing. Knowing what that data actually means and how to use it is another. Benchmarking your survey results can provide a look into how your organization improves over time and how it compares to similar companies. Benchmarking puts employee survey results into context. That’s why a combination of internal and external benchmarking is important. MORE
This all changed in 1980, when Dr. Jac Fitz-enz — now celebrated as the father of human capital strategic analysis and measurement — founded the Saratoga Institute , and developed the first international HR benchmarking service. Enter HR Benchmarking 2.0: MORE
The March 2017 Zenefits Small Business Benefits Benchmark Report is now available. Representing data from more than 8,000 Zenefits customers, the report examines how plan types, contributions, premiums, deductibles, copays and out-of-pocket costs differ across regions. MORE
Salary data surveys are a good first step to determine pay scales for a wide range of positions. Note that survey data should be collected by a third party rather than self-reported by employees to ensure accuracy. There are several salary comparison tools to help aggregate data for specific roles. The Bureau of Labor and Statistics offers years of comparative wage data for many occupations at the national, state and metropolitan level. MORE
Every year they release a Recruiting Benchmark Report offering a unique combination of data and guidance: summary and analysis of industry benchmark data, along with strategic advice to help you measure, improve and optimize every step of the recruiting funnel. MORE
There are many tactics enterprises can use to ensure they’re paying fairly and competitively, one of the most effective of which is compensation benchmarking. What is Compensation Benchmarking? The Challenges of Benchmarking. MORE
pre-employment testing Data stats survey benchmarksEarlier this year, we set out to learn more about how companies incorporate pre-employment tests into their hiring processes. MORE
We’re excited to share the first annual PlanSource Benefits Benchmark Report. This groundbreaking annual report is based on real user data from the PlanSource benefits administration platform. The enrollment data represents trends established from the more than 92 million benefit elections that have been made in our system. If you’re wondering what the report contains and what to make of the data—we’ve got you covered with our top takeaways for 2019. MORE
That’s why benchmarks are so important for understanding survey data; they are designed to provide context and meaning for interpreting your scores. Interpreting survey scores without any context can be challenging. MORE
To answer this question, we compiled a report aggregating anonymized Visier customer data, from more than 20 enterprise companies representing over 600,000 employees. . The post Retaining Managers: New Data Reveals the Impact of People Analytics appeared first on Visier Inc. MORE
HR and business leaders see this firsthand as they fight to keep innovative, eager talent engaged and on their teams and are leveraging their people data to improve the hiring and talent retention process. Benchmarking. However, as the world of work evolves, so are benchmarking tools. MORE
When using employee surveys, it’s important to have comparison data so you can track how you’re doing over time. There are generally two ways to compare your data—to your own results year-over-year or to a benchmark. Year-over-year data shows you the impact of any actions you took as a result of a previous survey. Benchmark comparisons give you the added context of how your organization is doing relative to your peers. MORE
These groups are so large that they often self-insure many of their insurance coverages, and soon terms like “benefits administration,” “workflow” and “benchmarking” become a regular part of your vocabulary. MORE
Even the legendary Chinese general Sun Tzu was a sucker for benchmarking. In this article I’ll explore the origins, future, flaws, and benefits of benchmarking. . The origins of benchmarking. The term benchmarking (in its current meaning) originated in the eighties. MORE
Decision-Wise
MAY 29, 2018
When we design employee surveys for our clients, it’s common for them to ask us about benchmarking and how it can help their company. This is a good question, because benchmarks are a quick way to see if your organization is on the right track. How old is the data?
Namely
JANUARY 18, 2019
Namely recently launched our Benchmarking Package to clients, an offering which provides quarterly reports of company-specific insights with tailored benchmark data layered directly on top. HR Technology Product Updates HR Data HR
Visier
NOVEMBER 7, 2017
This all changed in 1980, when Dr. Jac Fitz-enz — now celebrated as the father of human capital strategic analysis and measurement — founded the Saratoga Institute , and developed the first international HR benchmarking service. Enter HR Benchmarking 2.0:
Visier
NOVEMBER 7, 2017
This all changed in 1980, when Dr. Jac Fitz-enz — now celebrated as the father of modern HR — founded the Saratoga Institute , and developed the first international HR benchmarking service. Enter HR Benchmarking 2.0: The post Why Benchmarking 2.0
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and employers discover salary data to align. include Cloud, Big Data and Process Management. salaries based on more than 600,000 data points. benchmarks for tech pay across the U.S., For instance, what is a competitive salary for a Data. Big Data $ 115,884 3.0%
Ultimate Software
APRIL 24, 2018
As our exposure to Big Data progresses exponentially, analytics and BI are playing an increasing role in overall corporate strategy. Few departments are exempt from regularly analyzing and reporting metrics to the C-suite, and long-term tracking of this data is invaluable.
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Analytics in HR
MAY 6, 2019
Even the legendary Chinese general Sun Tzu was a sucker for benchmarking. In this article I’ll explore the origins, future, flaws, and benefits of benchmarking. . The origins of benchmarking. The term benchmarking (in its current meaning) originated in the eighties.
HRsoft
JUNE 25, 2018
There are many tactics enterprises can use to ensure they’re paying fairly and competitively, one of the most effective of which is compensation benchmarking. What is Compensation Benchmarking? The Challenges of Benchmarking.
UrbanBound HR
OCTOBER 4, 2016
The early stages of a relocation program are a lot like the first steps in a relocation. The first piece of information our Relocation Consultants ask for is where a person lives now, and where their destination city is.
Laurie Ruettimann
NOVEMBER 20, 2016
But, from a marketing standpoint, there are specific, short-term Twitter chat benchmarks that I failed to hit. So I’m sitting here in my pajamas on a Sunday morning eating oatmeal (which always gets stuck in my teeth) and looking at the data and chat history. Hey, everybody.
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Key topics covered by this act are hiring benchmarks, data. Finding Your Way Through OFCCP Compliance ? Doing business with the government provides access to a. stable stream of revenue, a consistent workforce, and a. wider client portfolio, all of which offer your business great.
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Bonfyre
MAY 28, 2019
But now that you have the data, you’re probably wondering: “What next?”. Having data is one thing. Knowing what that data actually means and how to use it is another. Benchmarking your survey results can provide a look into how your organization improves over time and how it compares to similar companies. Benchmarking puts employee survey results into context. That’s why a combination of internal and external benchmarking is important.
Perceptyx
MARCH 27, 2019
That’s why benchmarks are so important for understanding survey data; they are designed to provide context and meaning for interpreting your scores. Interpreting survey scores without any context can be challenging.
ADP
OCTOBER 24, 2018
Salary benchmarking data can help you retain your best executives and ensure that you recruit top talent. Here's how
Compensation Today
FEBRUARY 27, 2017
Have you ever found yourself staring at lines of market data, wondering how you are going to benchmark your HR/Accounting Assistant, Recruiter/Front Desk Receptionist or Medical Coder/Billing Specialist? Benchmarking hybrid jobs is more complicated than simply “splitting the difference.'
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A common misstep with market data is to think of it as only right or wrong. Market data should be. opportunity to examine market data and consider how it is applicable to your organization, and when you. Types of Data Sources The types of sources are varied and vast.
Criteria Corp
SEPTEMBER 10, 2018
pre-employment testing Data stats survey benchmarksEarlier this year, we set out to learn more about how companies incorporate pre-employment tests into their hiring processes.
HR Daily Advisor
JANUARY 29, 2018
HR and business leaders see this firsthand as they fight to keep innovative, eager talent engaged and on their teams and are leveraging their people data to improve the hiring and talent retention process. Benchmarking. However, as the world of work evolves, so are benchmarking tools.
Corporate Synergies
JUNE 4, 2019
Benchmarking and surveys help employers zero in on options that workers deem valuable. Benchmarking and surveys provide solid answers. They turn to benchmarking and employee surveys to build and validate benefit plans. Benchmarking studies yield details like: Medical plan type.
Visier
JULY 25, 2019
To answer this question, we compiled a report aggregating anonymized Visier customer data, from more than 20 enterprise companies representing over 600,000 employees. . The post Retaining Managers: New Data Reveals the Impact of People Analytics appeared first on Visier Inc.
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Gather external data and evaluate that information against how you are paying internally. Survey providers vary so it’s important to research your selected data source and their data. Often misunderstood, but a very critical part of evaluating compensation, is the benchmark job.
HRExecutive
OCTOBER 18, 2016
New research by University of Michigan professor Martin Schmalz and co-authors Miguel Anton and Mireia Gine of the IESE Business School and Florian Ederer of the Yale School of Management helps explain why—and why benchmarking happens more in some industries than in others. ” Schmalz, Anton, Ederer and Gine examined 20 years’ worth of data from ExecuComp, which measures the compensation of top executives of the largest 2,000 U.S.
Namely
MARCH 1, 2018
When using employee surveys, it’s important to have comparison data so you can track how you’re doing over time. There are generally two ways to compare your data—to your own results year-over-year or to a benchmark. Year-over-year data shows you the impact of any actions you took as a result of a previous survey. Benchmark comparisons give you the added context of how your organization is doing relative to your peers.
PlanSource
MAY 9, 2019
We’re excited to share the first annual PlanSource Benefits Benchmark Report. This groundbreaking annual report is based on real user data from the PlanSource benefits administration platform. The enrollment data represents trends established from the more than 92 million benefit elections that have been made in our system. If you’re wondering what the report contains and what to make of the data—we’ve got you covered with our top takeaways for 2019.
Ultimate Software
AUGUST 2, 2019
Data is now the most valuable currency in the world. But in contrast to the murky ethics of sourcing and selling consumer-driven data , leveraging internal HR data analytics to make better workforce decisions has been a key Human Resources best practice for decades.
Speaker: Ryan Picarella, President, WELCOA
The Seven Benchmarks are an important part of building a results-oriented workplace wellness program. The data you need to collect to make your wellness programs meaningful.
Vemo
SEPTEMBER 9, 2016
Benchmarking Metric Benchmarking can be a great way to compare your metrics to industry best practices, however accessing relevant benchmarking data for you industry is not always easy to obtain or broadly available for every industry.
The HR Capitalist
APRIL 6, 2018
Every year they release a Recruiting Benchmark Report offering a unique combination of data and guidance: summary and analysis of industry benchmark data, along with strategic advice to help you measure, improve and optimize every step of the recruiting funnel.
Visier
JULY 10, 2019
When it comes to finding and retaining the right talent for your organization, there are many inputs and sources of data that can help inform the recruitment and retention process. We asked ourselves: How can you use engagement and performance data in the talent acquisition process?
ADP
JUNE 13, 2017
Here's the value of benchmarking data Are collection issues or corporate problems your HR challenge?
Advertisement
Benchmarking Intro These days, employment candidates are more informed than ever about the market value. Use the following steps to benchmark your jobs and develop pay guidelines in. your market data is the most tangible part of your compensation strategy. Your data source or.
Mercer
SEPTEMBER 13, 2016
Leveraging solid benchmark data over time allows you to understand trends in the benefits market and how they apply to your company. The post Benefits of Benchmarking appeared first on Mercer PeoplePro Blog. Entrepreneur Health & Wellness Hr Human resources Small business advice Small business hiring small business incubator Small business news Start ups
Hireology
SEPTEMBER 19, 2018
Insights – Hireology’s analytics platform –just received an update to make our benchmarks even more accurate. Industry benchmarks make it easy to measure and compare aspects of your hiring process to other businesses like yours to see how you stack against the competition.
Zenefits
MAY 9, 2019
Salary data surveys are a good first step to determine pay scales for a wide range of positions. Note that survey data should be collected by a third party rather than self-reported by employees to ensure accuracy. There are several salary comparison tools to help aggregate data for specific roles. The Bureau of Labor and Statistics offers years of comparative wage data for many occupations at the national, state and metropolitan level.
Zenefits
APRIL 6, 2017
The March 2017 Zenefits Small Business Benefits Benchmark Report is now available. Representing data from more than 8,000 Zenefits customers, the report examines how plan types, contributions, premiums, deductibles, copays and out-of-pocket costs differ across regions.
Speaker: Jennifer Ferris CCP & Paige Hanley CCP
Join PayScale’s compensation experts as they show you how to build ranges from a market-centered midpoint, and how to use market data to update or create market-based pay ranges. Choose benchmark positions and slot non-benchmark positions into your pay structure.
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