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Compensation Analysis: The Definitive 2022 Guide

Decusoft

There are several benchmarks that are used to analyze data between roles and companies. One benchmark that is typically included in a compensation analysis is salary and benefits data for companies operating in similar industries. Benefits of conducting compensation analysis include: Salary Benchmarking. Perform Your Analysis.

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Time Logs: Definition, Benefits, and Steps to Keep One in Your Business

Homebase

A benchmark for excellence Setting quantifiable benchmarks can help your team understand what level of performance or work quality is needed. Use specialized software (like Homebase) While manual methods like spreadsheets can work for smaller setups, as your business grows, you’ll need a more robust solution. Track hours.

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Build vs. Rent: Don’t Crash on the Do-It-Yourself Iceberg for People Analytics

Visier

Recently, I learned about a large software organization’s quest to build a people analytics solution. To achieve this, the company hired an HR business intelligence team, standardized their reporting metrics, and invested over $3 million in a data warehouse and business intelligence (BI) software. Data warehouse software licenses.

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6 Tips for Adopting a Four-Day Workweek

Great Place to Work

Rimini Street, a global software and engineering services provider, shares how it tested and expanded a pilot program to its 2,000 global employees. Rimini Street , a global software engineering services provider, is one of the companies that has experimented with a four-day workweek. Great Place To Work® surveyed more than 4,400 U.S.

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Decoding HR Analytics: Exploring its Meaning, Fundamentals, Solutions, and Software

HR Digest

This comprehensive article delves into the depths of HR analytics, shedding light on its meaning, fundamental principles, and the best solutions and software available. HR Analytics Software: To effectively implement HR analytics, organizations need reliable software solutions tailored to their specific needs.

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HR Metrics for 2023: The Definitive Guide

Primalogik

Performance management software can help assess productivity based on job responsibilities. Select Software That Offers Analytics Choose software that provides an HR metrics dashboard. Look for software that will produce detailed reports as well. Quality software uses HR metrics formulas that make calculations for you.

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8 Questions to Ask for Effective HR Reports

EmployeeConnect

It’s quite common for HR departments to accept and use only the generic reports that their software applications deliver instead of crafting customised HR reporting based on each department’s needs. Do we agree on definitions? If a company’s HR software doesn’t update reports automatically, then this step must be done manually.