Remove Benchmarking Remove Payscale Remove Planning Tools Remove Wage and Hour Training
article thumbnail

What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Human Resources is both a function and a department within an organization.

article thumbnail

You're Underpaying. Now What?

Compensation Today

Jenni Marquez, CCP, PayScale Compensation Professional Most organizations don’t intend to pay employees low, but market shifts and legislation changes can often result in underpaid employees. The New Minimum Wage: Many municipalities have already adopted a minimum wage that goes beyond the federal level (currently $7.25/hour).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Quick And Simple Guide To Compensation Planning

Vantage Circle

As a leader, compensation planning is one of the skills you will need to master. One of the most important aspects of organizational planning is having a compensation plan that rewards employees and provides competitive pay. What is Compensation Planning? What is Compensation Planning? Let's start! Let's start!

article thumbnail

Compensation and Benefits

Analytics in HR

For example, perks like bonuses, stock options, 401k matches, pension plans, paid time off , and even free lunches are all attractive to different people and make up an essential part of the compensation and benefits package. Overall compensation is the top factor that job seekers consider when accepting a new job.

article thumbnail

A Full Guide to Compensation and Benefits

Digital HR Tech

Whether the recruiter lists the wage as an hourly, weekly, monthly, or hourly rate, candidates see it as the most critical part of any job offer. Overtime pay, stock options, 401k matches, pension plans, days off, and even free lunches make up an essential part of the compensation and benefits package.

article thumbnail

How SMBs Can Start Closing the Pay Gap Now

Zenefits

No employer expects to pay every employee the same wage. Job type, job title, skills, education, credentials, training, experience, and even geography factor into pay differences. But when employers pay workers with the same or similar qualifications stark differences in wages, they’re likely engaging in discriminatory pay practices.

article thumbnail

Processing Payroll: What You Need to Know

Zenefits

Weekly pay schedules are common in many organizations and work best for companies who pay hourly wages. However, many other systems run on a monthly basis, such as benefits packages (typically). Benchmark positions, meaning jobs with similar duties, are the best sources for comparing salaries across positions. Pay schedules.

Payroll 36