Industry Verticals, Organizational Cultures, and Benchmarking

ClaimVantage

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.

Recruitment Operations Statistics and Trends: A 2020 Benchmark Report

Yello

It’s no surprise that measuring recruitment operations success comes down to data. When it comes to recruitment operations benchmarks, understanding what’s going on outside your organization may be key to assessing whether you’re on point or behind the curve.

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Future-Proof Payroll

HRO Today

Payroll transformation has become a priority for many organizations, finds NelsonHall’s annual Next Generation Payroll Services study. And in some cases, payroll has been overlooked when it comes to allocating funding to improve the operating model. Today’s Payroll Challenges.

How to Unleash Your Strategic Payroll Potential

EmployeeConnect

Savvy business and thought leaders have begun to realise that payroll processing plays a greater role in achieving strategic business objectives than just providing transactional accuracy. Strategic payroll can even be used to identify phantom employees and fraud. Payroll

Expanded Benchmarking Capabilities Give Companies Even More Insights To Fine Tune Their Workforce Strategy and Operations

ADP

Expanded Benchmarking Capabilities Give Companies Even More Insights To Fine Tune Their Workforce Strategy and Operations You need to make a. ADP News Developments Human Capital Management Innovation Payroll Progress Time & Labor ADP Big Data DataCloud

ADP Research Institute Sets International Benchmark for Employee Engagement with its 19-Country Global Study of Engagement

HRO Today

Roseland, NJ – June 14, 2019 – As organizations strive to better understand the art of employee engagement in a highly competitive labor market, the ADP Research Institute’s 19-country Global Study of Engagement provides a global benchmark for engagement.

Workforce data integration helps employers uncover valuable insights

Health efx

Data has always been an important aspect of business. When businesses analyze data sets, they can make practical and educated conclusions to improve business practices, capitalize on workforce trends, and improve their bottom line. At Health e(fx), our technology integrates benefits, payroll and HRIS data and transforms these files into unparalleled insights to help employers save money, reduce ACA compliance risks and optimize their workforce strategies.

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HR TechStack – Payroll Software

WhoKnows

Payroll Software Definition. Payroll software is used by companies to streamline and automate employee payment and tax filing. It allows companies to easily perform and track their payroll processes. Payroll solutions ensure employees are paid timely and accurately.

Understanding Payroll maturity – four ways to optimise your Payroll practices

Ascender

In recent years, Payroll processes have significantly evolved thanks to the move towards transformation projects, the increased adoption of cloud and the desire for Payroll practitioners to get more involved in business operations. With a need to contribute to key business decision making, Payroll professionals must have a mature and potentially global Payroll solution in place to support the new range of challenges they face.

Is Australian HR confident in their payroll compliance?

Ascender

Payroll and payroll compliance may not always be a trending topic, yet most people do not realise that they often make headlines. Getting payroll wrong is very costly. Hence, the old adage, “Nobody wants to hear from payroll until it is too late” rings true until today. We decided to ask HR and payroll professionals to find out. Australia’s payroll systems aren’t very prepared for cyber attacks. Where does the benchmark sit?

Webinar: October Web Summit - The Data you Need to Know to Win Over the CFO

Paycor

Paycor reviewed proprietary data from nearly 30,000 customers and found that many standard HR and recruiting metrics are tactical, in that they track project management, or, at most, basic dollar-in, dollar-out cost analysis.

5 Human Resource Management Goals for Your Small Business

OmegaHR Solutions

However, thanks to the proliferation of low-cost human resources software, SMBs can adopt a professional, organized and—perhaps most importantly—data-backed approach to their HR endeavors. But gathering data and analyzing results is burdensome without some sort of digital aide.

Key Learnings from the American Payroll Association 2016 Fall Forum

SumTotal

Recently I had the opportunity to attend the American Payroll Association (APA) Fall Forum at the Mirage Hotel and Resort in Las Vegas, NV with my colleague Mario Besner, Senior Product Director for Payroll. This three day forum was packed full of learning sessions for attendees on such topics as FLSA changes, best practices, benchmarking, Affordable Care Act, future technology trends, compliance and much more.

Staffing Firms Among the Many Industries to Adopt AI by 2021

FingerCheck

The global Artificial Intelligence in the Recruiting Industry benchmark survey , from CEIPAL, a SAAS front-and back-office staffing company, determined that more than ¾ of enterprise staffing firms with 100+ recruiters will follow suit.

Supporting Workday Customers on Their Diversity Journeys

Workday

With that in mind, we continue to expand our feature set to provide a comprehensive, easy-to-digest view of diversity data along with the reporting capabilities necessary for diversity compliance. And, because all your HR information is in one place, HR and IT teams no longer have to aggregate and manipulate data across disparate systems. This enables you to proactively slice and dice data across different groups to highlight discrepancies that might require further exploration.

Demystifying Big Data to Make Better Hires

Cielo HR Leader

The era of Big Data is upon us, and forward-thinking HR leaders are turning smart use of talent analytics into a competitive advantage. alone and experts estimating that payroll equals more than 40% of total revenue for most businesses, truly understanding what drives quality in your talent acquisition function makes a quantifiable difference to your organization’s bottom line. Transforming data into actionable insights requires making correlations to business value and outcomes.

Survey Says…

HRO Today

Culling data from employee engagement surveys can drive strategic business decisions. One problem holding companies back is the ineffective collection and use of engagement data. By taking heed of employee engagement data, HR can lead the way in fostering a productive workforce.

CEO’s Letter: We Should Be Better (If CEOs Would Only Join Us)

HRO Today

We examined the publicly available data on 88 of the Fortune 500 chief HR officers (18 percent of the sample group that meets the criteria for predictive statistical significance). We went back and re-examined all of the gender-based data.

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How Workforce Analytics Can Take You Beyond The Clock

nettime solutions

When applied to the HR world, workforce analytics help HR staff analyze data relating to productivity levels, performance, if training is effective, and can even predict turnover. Though easily measurable, recovering historical data has not always been accessible.

AI Risks, Ethics, and Liability Part 1 of 2

HR Examiner

The first era of software stretched from ballistic tables and payroll to the latest in HR Forms completion. Over the course of 80 years, software recorded, collected, calculated, and reported data. But it’s not just data. Who owns employee data?

Webinar: Industry Spotlight: Higher Education - People Management and Labor Metrics that every CFO and President should know

Paycor

Paycor reviewed proprietary data from nearly 4,000 customers to identify key metrics that uncover opportunities to lower your labor costs and increase the productivity of your people. Identify key metrics that can be tracked and benchmarked for improved performance.

Does Your Talent Management Provider Offer Customized Reporting?

Hireology

Payroll and related talent management-related costs can make up 50% of business expenses , so it’s critical for your talent management provider to offer reporting to help your business increase efficiency and prove its value. Blog Payroll Insights Talent Management

20 US Cities With the Highest Salaries

Zenefits

In “The City by the Bay,” a small business account manager makes $65,000 per year compared to an account manager in Peoria, Illinois with the same level of experience who makes $52,500 (this is accurate salary data, taken from the Zenefits compensation management tool ).

Tips for Making Changes Ahead of the New Overtime Rule

HR Daily Advisor

This amount was not tied to any benchmark and had not changed in years. Without accurate data, the assessments may be completely off. For example, you may need to coordinate payroll, accounting, and HR. Pay attention to how your payroll schedule fits with the December 1 deadline.

Job Costing with Time & Attendance

nettime solutions

After all, there are budgets to plan and follow, teams to build from a mix of salaried, hourly and contract employees, benchmarks to keep clients happy, and future projects to prepare. Build future projects from existing job costing data. Job Costing Across Multiple Projects.

20 US Cities With the Lowest Average Salaries

Zenefits

Paying attention to local salary data is important for both workers and employers. All we can do now is look at the data, ask questions, and in this case, examine our country’s lowest paying cities. (We Want to Get More Granular Compensation Data? Payroll

PeopleStrategy Partners with Payfactors to Deliver Enhanced Compensation Management

PeopleStrategy

By incorporating Payfactors into our compensation planning tool, our clients can obtain accurate, timely pay data to help them make more educated decisions around pay. Payfactors Free is all about giving everyone data that’s reliable, timely, and relevant to them.

The Small Business Guide to Hiring Without Asking for a Salary History

Zenefits

Payroll is typically a small business’s largest expense. They offer insight into salary benchmarking data that assures business is on point with wages and other benefits, based on the role, the location, and the level of experience and credentialing. They should drive business to leverage the wealth of data available through compensation management tools to assure they’re hiring exactly right for their market. HR Tips & Trends Payroll Talent

8 Questions to Ask for Effective HR Reports

EmployeeConnect

That’s why staff members complain and protest about inaccurate assessments, data-driven errors and unpopular decisions – HR reporting fails to deliver unless the HR reports dig down into the databases to get the most accurate and relevant performance information, employee profile data and business intelligence. Data-driven decision management , or DDDM, is an approach that uses verifiable data to assist in decision-making processes.

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How Did We Get Here? Solving the Gender Wage Gap in 2018

Zenefits

According to 2017 legislation, this April marks the deadline for all UK companies with over 250 employees to release their wage data to the public. There is also a negative correlation between perceived success of equal pay and the reality of equal wage data.

The Future of Human Capital Management

EmployeeConnect

However, even success becomes increasingly difficult to define, and the right HCM will develop the performance benchmarks that define success and curate, automate and analyse the data. Developing Performance Benchmarks.

The Employee Engagement Hoax? What Every HR Professional Needs to Know

Visier

This comes at a time when Big Data and mobile apps are causing a major disruption in how HR monitors engagement. And how can organizations already drowning in workforce data make the best use of even more data ?

Best Practices for Compensation Comparison

Zenefits

To do this, use software with reliable and statistically significant data. Make sure it takes into consideration your field, the size of your company, the benchmarks of similar companies, and the details of the role. PayrollWhether you’re a business owner looking to hire or a worker hunting for a job, one word is at the top of your mind: salary. For employers, compensation comparison can feel a bit intimidating. How do you know if you’re offering the right salary?

A 7-point time tracking checklist for managers and HR leaders

HR Morning

Bad time tracking practices result in dirty, unusable data. Added features such as payroll integration, PTO monitoring , and project reporting are cherries on top of the cake. Here are just some of the benefits you could highlight: Better project planning by having benchmark data.

What is an HR audit?

Genesis HR Solutions

HR audits allow companies to benchmark their strategies and practices. A function-specific audit focuses on a specific area within the human resource function, for example, the payroll or benefits department of an organization. Collect data. Benchmark your findings.

Taking the Pulse of Your Organization: A Personal Story

Vibe HCM

At Vibe, summer is time for our periodic employee engagement survey – a pulse survey that provides real-time data measuring employee engagement, sentiment and its drivers. We hope you are enjoying the summer months, getting some time to relax and to plan for the busy seasons ahead.

How to structure employee compensation

Workable

They involve setting salary ranges and pay grades based on market data and job roles. Knowing what each job entails and its value to your company helps you benchmark salaries more effectively. Here are both approaches with examples and how you can combine them: Benchmarking.