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What Is Human Resources?

Analytics in HR

What is Human Resources? Human Resources is both a function and a department within an organization. As a function, HR covers the processes, practices, and strategies to attract, develop, and retain employees who contribute to the company’s overall success. What is HR Management?

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Compensation Analyst: All You Need to Know About the Role

Analytics in HR

A compensation analyst works within the Compensation & Benefits or Human Resources department and their role is to help organizations develop fair compensation structures to attract and retain employees by analyzing various data. Planning and communicating best practices for evaluating and compensating employees.

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PayScale Tools for Today's Comp Pro! Compensation Glossary: Part 1 of 4

Compensation Today

Jenni Marquez, CCP, PayScale Compensation Professional Even the most seasoned HR professional might take a big gulp if approached by their CEO to take charge of anything comp. That’s because, despite being part of the HR department, compensation is like the cool kid at a party. You know, the one you’re afraid to talk to.

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Do Job Analysis and Evaluation Still Apply in Today’s World

New to HR

Job analysis and evaluation used to be one of the staple tasks assigned to the HR department, but could this method of classifying job descriptions and allocating pay grades soon be consigned to the scrapheap? Possibly, but there is one key advantage of job evaluation that shouldn't be ignored: ensuring external equity. c) New To HR.

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Compensation and Benefits

Analytics in HR

Together, they make up a total compensation package, which may include salary, bonuses, insurance, retirement contributions, and various other perks aimed at attracting, motivating, and retaining employees. Compensation is the money an employee receives in exchange for their labor, which could be a salary, wages, commission, and bonuses.

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2023 Compensation Trends Your Org Should Know About

Astron Solutions

Summary of 2023 Salary Adjustment Predictions According to a Willis Towers Watson survey , employers are planning to up employee salaries in 2023 in the biggest projected hike in 15 years. Trends Issues that Are Impacting 2023 Variable Compensation Planning It’s challenging to predict how variable compensation will unfold in 2023.