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What Is Human Resources?

Analytics in HR

Roles could include Chief Human Resources Officer (CHRO), Chief Diversity Officer, HR Business Partner, HR Analyst, Training/L&D Director, and Employee Relations Officer in addition to the HR Managers, HR Specialists, HR Generalists, and other roles like recruiters, sourcers, and payroll specialists.

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A Guide to Payscale Philosophy and Strategy With People Operations

Zenefits

With each gap, compare data from compensation benchmarking tools to determine how much you’ll have to spend to attract needed talent. From here you can make more detailed decisions like how many people you can put on payroll, what type of incentive strategies there are, and salary ranges for positions you want to fill.

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How to calculate for pay for remote workforce

HR Digest

A study by payscale, a payroll company, into salary data reveals that remote workers are actually paid more than people who work in an office. It can include a salary benchmark, location, job level, experience, contract, and even the exchange rate. 51% of workers will quit if they are not offered flexible working option.

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15 Best Global HR Certifications To Enroll In [2024 Edition]

Analytics in HR

Increased earning potential: Research by Payscale found that HR practitioners with a Global Professional in Human Resources (GPHR) certification experienced pay increases of up to 16% post-qualification. Australian Human Resources Institute (AHRI) AHRI certifications in HR are highly regarded in Australia and the Asia-Pacific region.

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Get Me a Compensation Strategy, STAT!

Compensation Today

Here’s an example: The Smith Company will use 10,000-employee sized companies in the Software Development industry in our local markets for competitive benchmarking. PayScale’s 2017 Compensation Best Practices Report (CBPR) found that just 37 percent of all organizations have a comp strategy. Click To Tweet.

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Nuances of Nonprofit Compensation: 2017 Compensation Best Practices

Compensation Today

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. Our programmatic staff were at the heart of the organization.

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Six Considerations When Evaluating Your Compensation Strategy

Tandem HR

Benchmark Jobs to Market. Here are some additional tips: When benchmarking to market, compare the position criteria/description versus position title. According to the PayScale 2021 Compensation Best Practices Report , remote work is on the rise and will likely remain a hot benefit to employees after the pandemic ends.