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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 also refers to the workforce or people employed in an organization.

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What COVID means to compensation

HRExecutive

This is the second in a series on compensation during the pandemic. The coronavirus pandemic has upended scores of traditional HR structures: hiring, recruiting, onboarding and compensation. How to manage the shift in pay strategies for the way work gets done. Read the first installment here. *. Advertisement. Ben Carter.

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7 Tips for Moving to a Pay-for-Performance Culture

Compensation Today

Companies have seen a bit of a revolution in performance-based pay in the past few years. Most have removed the rank-and-yank style of performance management. Some are removing performance ratings altogether to emphasize the future-looking, coaching-based conversations managers should be having with employees.

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How to Make Headway on Pay Transparency

Compensation Cafe

What I'm talking about is giving employees enough information to understand how compensation decisions are made in your culture. Employees gather statistics-lite data from sites like Payscale, Glassdoor and Quora and treat it as equivalent to any data you may offer. What is pay transparency anyway, and how do I know when I get there?

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Top Five Compensation Trends from 2016

Compensation Today

What trends have impacted compensation the most? In the spirit of the coming new year, let’s count the top five 2016 compensation trends! Count down the top #compensation trends of 2016! Gone are the days where companies compensate with just base pay. 4: Organizations are managing performance more frequently.

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The First Step Towards Pay Transparency

Compensation Cafe

And if you want to reach the extreme of the pay transparency continuum by applying open book management, clarity about pay practices is a sound place to start. In terms of compensation design and administration, "management discretion" is the antonym to clarity and "pay transparency." What does clarity entail?

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Top 15 Compensation Management Tools in 2021

Vantage Circle

Companies consider several factors when deciding on a compensation planning tool. In layman’s terms, compensation management software allows an organization to plan and administer employee compensation packages in an organized manner. Payscale Marketpay. Cornerstone Performance. CURO Compensation.