How to Use Employee Benchmarks

Namely

There are generally two ways to compare your data—to your own results year-over-year or to a benchmark. Benchmark comparisons give you the added context of how your organization is doing relative to your peers. With employee engagement survey questions that are benchmarkable, you can see how you compare at the specific question-level and in your overall engagement score. But not all employee benchmarks are created equal.

Editor’s Note: Making Pay Equality Stack Up

HRO Today

There can be no doubt that in combination with other developments, most notably increasingly severe skills shortages, higher minimum wage levels, and #MeToo, gender pay reporting has helped to push gender and wider equality and diversity issues up the employer agenda to the board level,” says Duncan Brown, head of HR consultancy at the Institute of Employment Studies. Armed with these strategies, organisations can continue to move in the right direction of pay equality.

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How to Renew Focus on Diversity, Inclusion and Gender Equity

AbelHR

This attention should be focused creating a diverse, inclusive culture for all the benefits and perspective that employees of different backgrounds bring to the table, not because it is required by law to not discriminate on grounds of race, ethnicity, gender, age, or other perceived differences.

Diverse Organizations Outperform, and These 9 Companies Can Help

Reflektive

Organizations that promote diverse teams , especially within leadership, outperform homogenous teams. Understanding unique backgrounds of individuals can help companies appeal to a broader range of talent and reach diverse markets. Equality is good for men, too.

Survey: Workplace Diversity Critical to Veteran Recruiting Programs

Yello

To compete for and win members of this valuable talent pool , employers need targeted veteran recruiting strategies that align with veteran’s preference about workplace diversity and recruiting. Military Veterans and Service Members Share Their Thoughts on Diversity.

Diversity in the Workplace Statistics: Job Seeker Survey Reveals What Matters

Yello

While there are endless statistics available about workplace and workforce diversity, very few take both the employee and the employer into consideration. Read on to find out what today’s job seekers think about workplace diversity. Download the Employer Benchmark Report to find out.

KPIs Alone Will Not Fix The Diversity Problem

SuccessFactors

Thanks to the recent high-profile media focus, the issue of diversity has finally taken its place front and center of mainstream public interest and is being properly addressed in the workplace. And when it comes to business objectives, KPIs are our go-to benchmark.

Decreasing the Gap

HRO Today

Faced with stricter pay reporting regulations, UK companies are implementing recruitment strategies to increase diversity. Some companies are—and indeed, already were—demonstrating how gender equality can be promoted. The business case for gender equality remains crystal clear to us.

Diversity Is Invited to The Party While Inclusion Is Being Asked to Dance.

PerformanceICreate

Diversity is being invited to the party; inclusion is being asked to dance.”. There are dimensions of diversity based in life experiences. When leaders focus on creating teams that value different points of view, the true potential of diversity unfolds.

Can People Analytics Improve Female Leadership Representation?

Visier

Our key findings show that analytics and dedication to proactive diversity and inclusion programs are what is helping to increase female leadership retention, improve diversity, and address inclusion inequity in all phases of business operations, processes, and activities.

Diversity Is Invited to The Party While Inclusion Is Being Asked to Dance.

PerformanceICreate

Diversity is being invited to the party; inclusion is being asked to dance.”. There are dimensions of diversity based in life experiences. When leaders focus on creating teams that value different points of view, the true potential of diversity unfolds. Diversity is one of those things that practically everyone talks about. Most organizations – on websites and in promotional materials – bring up the degree to which they value and commit to diversity.

What does it mean to be EDGE certified, and why is Ceridian doing it?

Ceridian

As a global organization, investing in diversity and equality are top priorities for Ceridian. Instead of simply putting gender equality programs in place, we need to continually assess and measure our organization in terms of how enlightened we are around gender equivalent differences.

#Movethedial: Steps to Boost Female Representation in Tech

Ceridian

a 2017 benchmark report (of which Ceridian is a sponsor) exploring the gender gap in Canada’s tech sector – and there is a gap. It is crucial for leadership teams to support diversity and inclusion awareness – a point that stood out to me when reviewing Where’s the Dial Now ?

Real Accountability: How to Measure Your Company’s Diversity Hiring Efforts

Eightfold

Diversity boosts the bottom line. A McKinsey & Company report found that companies in the top 25 percent for racial and ethnic diversity are 35 percent more likely to have financial returns above their industry’s median. Diversity boosts innovation, too.

LinkedIn Integrates Diversity Insights Into All of Its Talent Solutions

Linkedin Talent Blog

Building diverse and inclusive teams is the No. Research shows that diversity is tied directly to company culture and financial performance. In fact, LinkedIn data shows that 78% of companies prioritize diversity to improve culture and 62% do so to boost financial performance.

“Hidden Fences” Are Real!

PerformanceICreate

When she added her name to reports he commanded that she remove it because she was not his equal. When I learned she was not only changing the “author” name on the documents but also using them as a benchmark for other reports, I asked why she wouldn’t let me present my own work. She combined her role as the Diversity Advocate for our location and her salaried position to create a new role for herself.

Managing Gender Pay Equity Through the Employee Lifecycle

Reflektive

Ensuring men and women are treated equitably in the workforce ultimately leads to more gender equality in leadership positions, diversity of thought, and organizational inclusivity. To mitigate this type of bias and promote a well-rounded opinion of a candidate, ensure there is diversity (in gender and backgrounds) within your interview committee. A best practice is to ensure you’re paying men and women equally for equal work, whether they ask for it or not.

Use These 18 Job Boards to Keep Compliant

TalentCulture

Job boards remain an excellent way to engage talent, especially diverse candidates. Contractors must ask job candidates to self-identify if they are a protected class in order to demonstrate their outreach efforts using annual published hiring benchmarks. Out and Equal.

5 Ways To Help HR Leverage The Pay Equity Milestone

SuccessFactors

Have the tools and benchmarks to be able to understand your data. Understanding and dealing one-off with equality is a great measure; however, policies should be put in place to ensure consistency over time.

How CEB is Using Employee-Led Groups to Foster Diversity and Inclusion

Linkedin Talent Blog

Considering they’re a company providing best practice insights, it makes sense that CEB would prioritize diversity. After all, there are countless studies out there that show diverse companies outperform non-diverse companies, along with creating larger societal benefits.

Understanding Workday’s Compensation Philosophy and Support of Pay Parity

Workday

To maintain an accurate understanding of the market, every year we benchmark ourselves against other companies with similar attributes and use that information to build budgets and make compensation adjustments. By providing equal pay for equal work, companies can make pay inequity a topic that our children only read about in history books. By providing equal pay for equal work, companies can make pay inequity a topic that our children only read about in history books.

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

Zenefits

In light of National Equal Pay Day, Zenefits examined data from over 1,000 employees and owners of Small and Mid-Sized Businesses (SMBs), defined as having 11-500 employees. There is also a negative correlation between perceived success of equal pay and the reality of equal wage data.

6 Changes Your Company Must Make To Develop More Female Leaders

SuccessFactors

The most recent allegations of sexual harassment by management and subsequent apathy by HR at hot tech startup Uber have once again brought to the fore the lack of progress we’ve made in gender equality.

6 Changes Your Company Must Make To Develop More Female Leaders

SuccessFactors

The most recent allegations of sexual harassment by management and subsequent apathy by HR at hot tech startup Uber have once again brought to the fore the lack of progress we’ve made in gender equality.

How Canada Can Tackle the Gender Wage Gap

Visier

One important indicator of the state of gender equality is the gender wage gap , which persists in all countries despite increased attention from governments and the private sector. Many of Canada’s like-minded global partners and competitors have prioritized closing the gender wage gap as a way to achieve gender economic equality. Iceland’s recent legislation to fine companies that did not achieve wage equality is the most recent to garner global attention.

Study Finds Fewer Women on the Path to Leadership Roles

HR Daily Advisor

“We know that diverse teams perform better and inclusive workplaces are better for all employees, so we all have strong incentives to get this right.” It provides companies with both industry benchmarks and data on their own talent pipeline and employees’ work experiences.

Using Goals to Unite

New to HR

By focusing everyone’s purposes on the achievement of a common purpose, a certain value is placed on the entire unit working together equally to make the results. Corporate Human Resources Capabilities diversity Goal Orientated HR New to HR

INTERVIEW: Philip Morris International’s Charles Bendotti on Emerging Contemporary Workplace Culture

HR Digest

While most corporate cultures are focused on engineering the most common goal of every business, some employers are repositioning their cultures to address social inequality as well as drive diversity & inclusion. Philip Morris International (PMI), manufacturers of one of the most popular cigarettes brand Marlboro, is not only an EQUAL-SALARY certified employer, but pioneering the way to a smoke-free future.

The Paradox of “Women’s Leadership Training”

Inpower Coaching

When women are more than tokens in leadership – representing over 30 percent of the team in diverse business specialties – their organizations perform demonstrably better. Corporate Culture Emotional Intelligence at Work Featured Insights Gender Equality InPower Women Blog

Empowering Female Talent by Promoting Career Development (i4cp login required)

i4cp

The goal of Lincoln Financial Group’s Diversity & Inclusion (D&I) practices is not to rack up accolades. But it’s hard to ignore the number of notices Lincoln Financial has received for its commitment to diversity and inclusion.

Glassdoor findings on the Gender Pay Gap

Strategic HCM

But we wan’t wait decades to achieve equality in progression or in pay, so more nudging is required. Or of course they can benchmark their salaries more deeply on Glassdoor. DiversityI was on Radio 4’s Today programme speaking about the gender pay gap this morning.

Future Leaders: How they will transform leadership and how to spot and recruit them

Cognisess

How diverse will future leaders need to be? There are also a number of benefits to having a diverse workforce, according to McKinsey racially and ethnically diverse companies outperform industry norms by 35%. The current workforce is becoming more diverse than ever.

5 Winning Tips to Retain Millennials

Vantage Circle

The best thing you can do as an employer is to make your expectations and performance benchmarks very clear, ” adds Donovan. As far as Millennials are concerned, company benefits aren’t created equal. Embrace Diversity in the Workplace. Let me ask you a question.

Neglecting HR Data? Here’s What to Do About It

Namely

Pay Inequality Issue: Equal pay has become a hot topic across many companies. While some are pledging to provide equal pay for all employees at all levels, others have made all salaries transparent company-wide. People analytics continues to be one of the hottest topics in HR.

Data 63

Episode 1: How to drive inclusive hiring in tech ft. Orange Is the New Black

Hacker Earth

2018 and 2019 brought about a surge of revelations in workplace equality with the #MeToo movement , the gender pay gap disclosure , Silicon Valley’s struggle with diversity and unconscious bias , among others. Diversity in tech is not just about gender.

Employers Are Embracing Inclusion, and It’s Changed Candidate Interviews

Eightfold

Unconscious biases, diversity, inclusion, equality — these are fast becoming ubiquitous terms in recruitment and hiring, specifically when we talk about candidate interviews. To this end, a diverse hiring panel can help keep individual biases in check. .

What Does Funding Inequity Feel Like

WeSpire

Getting into these schools, teams, and industries weren’t easy, but I feel like I’ve been treated fairly and equally, most of the time, once there. Then this past week, I opened up the latest Openview SaaS Benchmarks report , which collects data from privately held software companies.