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Workforce Planners: 4 Steps to Improving Profit Margins for Services

Visier

To learn more about strategic workforce planning , check out this blog post). In these cases, the client may be able to perform the work itself, but hires the firm because it can perform the service more efficiently. Since junior staff often start at the lower end of the compa ratio, their increases are often larger.

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5 Compensation Analytics to Track That Answer Your Big Comp Questions

Compensation Today

We’ll be getting into more detail in the next step (a future blog!), Compa-Ratio. Usage: Compa-ratios help answer the question “Are we paying according to our plan?”. Assess: Similar to market-ratio, a compa-ratio of 1.0 so don’t worry about that just yet. says you’re paying exactly at the midpoint. Range Penetration.

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Making Your First Hires: 7 Steps Every Startup Should Follow

Linkedin Talent Blog

Heck – writing a blog post is no walk in the park ;). And one of the biggest challenges any start up company faces right from the “giddy up” is hiring. Think about your company culture, products and business model and where you want to be “when you grow up” – then figure out what people you need to hire to get there.

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Learn a new word: Positive Predictive Value

Steve Boese

These kinds of use cases and others and the technologies that enable them present HR and business leaders with new and really powerful tools and capabilities that can, if applied intelligently, provide a competitive edge realized from the better matching, hiring, and deploying of talent. But the opposite, of course is also true.

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Questions to ask before letting an algorithm make HR decisions

Steve Boese

I have hit the topic numerous times on the blog, I have programmed at least seven sessions (or more) featuring AI topics for the upcoming HR Technology Conference , and the subject comes up on just about every HR Happy Hour Podcast at one point or another. But what if Compas is wrong?

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How to Dig Into Compensation Analytics to Answer Specific Questions

Compensation Today

The numbers explain your challenges to recruit and maintain natural attrition in each place respectively. Compa-Ratio by Function. Compa-ratio can also be used for groups of employees. You research the claim by determining the compa-ratio for the group of department coordinators and the faculty group.

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What We Wish Everyone Knew About Compensation Management!

Keka HR Blog

An employee value proposition is a collection of principles for the company that helps you to recruit, retain and engage employees. Compa Ratio. Often referred to as a ‘comparison ratio’ or ‘compensation ratio,’ a compa-ratio can help companies compare how much of the rise they pay to an existing employee.

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