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What We Wish Everyone Knew About Compensation Management!

Keka HR Blog

Companies must go beyond manual pay planning to explore the value of using compensation management software. In this post, we will take a deep look at the many moving pieces of the compensation strategy while analyzing whether companies should make use of a compensation solution and why. What is Compensation Management?

COMPAS 52
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What We Wish Everyone Knew About Compensation Management!

Keka HR Blog

Companies must go beyond manual pay planning to explore the value of using compensation management software. In this post, we will take a deep look at the many moving pieces of the compensation strategy while analyzing whether companies should make use of a compensation solution and why. What is Compensation Management?

COMPAS 52
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5 Compensation Analytics to Track That Answer Your Big Comp Questions

Compensation Today

This is a lesson from our forthcoming ecourse on compensation analytics, and builds on what we covered in the post on setting goals. 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?”. or above 1.2,

COMPAS 79
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How to Dig Into Compensation Analytics to Answer Specific Questions

Compensation Today

This is a lesson from our forthcoming ecourse on compensation analytics, and builds on our previous post on five comp analytics to track. In the last lesson, we overviewed five compensation analytics that help track whether your organization is moving in the direction you’re targeting. Compa-Ratio by Function.

COMPAS 50
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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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Today is Equal Pay Day: Can HR Technology Help Close the Gender Pay Gap?

SumTotal

The reasons to support this day are too numerous for this one blog post. Specifically, HR technologies that provide an employer with meaningful insight into how it is both compensating and promoting its employees. The applications of a compensation management tool are broad and particularly beneficial to global organisations.

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What is Compensation Management?

HRsoft

How to get more out of your compensation management efforts? Learn what compensation management is and why it is important to increase employee retention , motivation, and productivity. Compensation practices continue to evolve as economic factors, industry changes and employee demands transform.