The Immutable Laws of Compensation (Part 2)

Compensation Cafe

Base Salaries Compensation Philosophy Incentives/Bonuses Pay for Performance Total RewardsEditor's Note: Today's post comes to us courtesy of guest contributor Joe Thompson. Because of the breadth of his topic matter, we've decided to feature his post across two days.

How to Meet the New Overtime Regulation Using People Analytics

Visier

This isn’t the first time organizations needed to analyze their workforce data for regulatory or legal reasons–and it won’t be the last. No longer can you start a data project just to deal with workforce surprises–you and your team need to be able to analyze and shift on a dime.

Relying on Traditional HR Will Lose You the Analytics Talent Race

Analytics in HR

The war for talent is raging across industries and countries, and nowhere is the fight more intense than in data science and analytics. In fact, Gartner anticipates that there will be a shortage of 100,000 data scientists in the United States alone by 2020. A US consumer goods company recently learned that its incentive package is popular in core business and IT areas, but not among analytics talent; specifically, retention bonuses were less effective.

Minimum Wage Increase: The Positives and the Pitfalls

Paycor

To fund the wage increase, the company is eliminating its variable compensation pay (VCP), bonuses for employees with good attendance and who hit productivity targets. VCPs can earn Amazon workers an 8% monthly bonus and a 16% bonus during the hectic November and December seasons.

TalentGuard Announces New Reseller Partnership in Latin America

TalentGuard

Through this partnership, WWT broadens its talent management offering enabling customers to better manage their workforce and deliver cost-effective services to the LATAM region. TalentGuard’s SaaS offering includes a comprehensive suite of applications including competency management, performance management, succession planning, career pathing, 360 degree feedback, development planning, certification tracking and robust analytics.