Compensation Cafe

JANUARY 30, 2019

Consider a Classic lesson on how labor force analytics can build a bridget between recruiting and compensation to solve skill shortage problems. The EMSI study (of which I have provided only a cursory overview here) raises some interesting questions and possibilities for both recruiting and compensation.

Compensation 40

Compensation Recruiting Software Recruitment Hiring Software 40

Trusaic

JULY 13, 2021

Earlier this year we spoke in a webinar on pay data reporting with Hacking HR. The focus of our presentation related to California’s SB 973 and the employee pay data reporting requirements. . See below answers to six questions we were asked during the webinar: Q: We report under one FEIN but have over 100 locations.

Report 130

Report Data Wage and Hour Training Comparison 130

Visier

JULY 13, 2021

This is one of the major findings we revealed in our new Visier Insights Report: Racial/Ethnic Career Gap Reveals Magnitude of Equity Challenge. At the core of Visier Insights reports is Visier’s unique database of anonymized, standardized workforce data, which contains over 12 million employee records from around 8000 companies.

Visier 315

Visier Report Background screening Hiring Software 315

Decusoft

MAY 20, 2021

It is important to conduct compensation data audits frequently in order to produce an equitable and appropriate compensation plan. A comprehensive salary report offers the facts and insights needed to make critical choices on executive pay and overall benefits. What Are The Benefits of Compensation Analysis ?

Analysis 96

Analysis Compensation HR Planning Bonuses and Incentives 96

Trusaic

APRIL 1, 2021

A UK-based contributor to Lexology reports, “With racial equality more in focus than ever through the Black Lives Matter movement, we should expect to see the pressure for change in this area to continue.” The Lexology article also notes that, in the United Kingdom, “some large employers have started to report on their own figures.

Report 130

Report Metrics Analysis Diversity 130

Compensation Cafe

FEBRUARY 20, 2020

In my last blog article , I explained how you can cut and paste your way to a compensation philosophy. In comparison, strategic insights occur when you put your compensation practices and philosophy in a new light, where the illumination falls on the challenges your company will face tomorrow. Don't know where to start?

HR Planning 59

HR Planning Compensation Hiring Software Strategy 59

Trusaic

MAY 10, 2022

As part of the new pay transparency law, organizations must publish the salary range, as well as “ all of the benefits and other compensation to be offered ” in every job listing. . Employers with operations in Washington state should begin analyzing their compensation systems now to prepare for the new salary range disclosure requirements.

Compensation 243

Compensation Comparison Diversity Productivity 243

Analytics in HR

APRIL 1, 2024

This ensures that compensation is commensurate with the worth of individual roles and that each has appropriate entry and performance requirements. According to a European Commission report on pay transparency, “(t)he determination of the worth of a job is assessed irrespective of the qualities of the specific job holder.”

Assessment Software 89

Assessment Software Hiring Software Comparison Planning Tools 89

Analytics in HR

SEPTEMBER 29, 2021

A compensation philosophy guides your organization in creating fair, transparent compensation programs and helps you attract and retain employees. Learn about the different types of compensation philosophies, components of a compensation philosophy, how to create your own, and how to measure its effectiveness.

Compensation 76

Compensation Bonuses and Incentives How To Hiring Software 76

Zenefits

FEBRUARY 7, 2023

To provide employees with fair and desirable compensation, savvy companies routinely conduct a compensation analysis. By identifying the right compensation strategy, you can establish a competitive pay structure to help attract and retain talent. What is compensation analysis? Why is compensation analysis important?

Compensation 36

Compensation Analysis HR Planning Planning Tools 36

Analytics in HR

OCTOBER 25, 2022

An annual HR report is a way to showcase to your stakeholders the value that HR brings to the business. An essential part of developing an impactful annual HR report is including the right metrics to clearly quantify how HR is impacting strategic goals and organizational performance. What is an annual HR report?

HR Planning 99

HR Planning Metrics Report HR Software 99

Trusaic

DECEMBER 19, 2023

According to a 2022 WorldatWork survey , 70% of participating organizations reported taking action on pay equity. For example, the UK gender pay gap report requires companies with 250+ employees to report the median pay of women compared to the median pay of men. Which employee groups are eligible for variable compensation?

Analysis 130

Analysis Compensation Assessment Software Hiring Software 130

Decusoft

APRIL 1, 2021

What is Executive Compensation? . Executive compensation programs are influenced by a variety of factors today. As a compensation manager, your primary concern should be the alignment of pay and performance. Compensation Strategy Allocation . Compensation Strategy: Salary Ranges. Total rewards.

Compensation 98

Compensation Bonuses and Incentives Strategy HR Planning 98

Astron Solutions

SEPTEMBER 29, 2020

As we plan for 2021, we need to consider COVID-19’s impact on 2020 compensation decisions for nonprofit executives. For the most part, nonprofit executive compensation came to a halt. Many organizations froze, or in some cases reduced, current compensation levels.

Compensation 52

Compensation Trends Hiring Software Planning Tools 52

Zenefits

FEBRUARY 9, 2023

Employers and employees typically don’t ask, “ How does workers’ compensation work ?” Everyone who carries or is covered by workers’ compensation insurance should broadly understand how it works. Everyone who carries or is covered by workers’ compensation insurance should broadly understand how it works.

Compensation 36

Compensation Zenefits Immedis Comparison 36

Trusaic

JANUARY 9, 2024

Companies with 100 or more employees are now required to publish biannual salary transparency reports. Further, the WEF’s 2023 Global Gender Gap report ranks Brazil 110 th for ”wage equality for similar work”. The CLT details employment laws relating to working hours, compensation, vacation time, and health and safety.

Wage and Hour Training 130

Wage and Hour Training Sexual Harassment Harassment Discrimination 130

Trusaic

AUGUST 22, 2023

It is also a driving principle of the EU pay reporting framework. Background to EU pay reporting framework Across the EU, the gender pay gap stands at 13%, largely unchanged in the past decade. Canada’s Federal Pay Equity Law came into force in August 31, 2021, and the first reports are due in September 2024.

Assessment Software 130

Assessment Software Planning Tools Compensation Discrimination 130

HIRED

JULY 27, 2020

As companies create a long-term return to work plan, how will work-from-anywhere affect salaries and companies’ compensation philosophy? Compensation expectations in line with pre-COVID offerings. The post Cautious expectation: Future of tech compensation in a COVID world appeared first on Hiring Insights.

Compensation 87

Compensation Hiring Software Planning Tools Comparison 87

Compensation Cafe

MARCH 9, 2016

How many of you would think of using a compensation survey that describes itself this way? I don't see a lot of hands waving over the cubicle walls out there, but walk out into the neighborhoods to chat up colleagues at nonprofits and you'll find out that they use these types of reports far more often than they'd like.

Compensation 40

Compensation Staffing Comparison Survey 40

Trusaic

SEPTEMBER 10, 2020

The Pay Transparency Act would require employers with 100 or more employees to submit “Pay Transparency Reports” by March 15 each year. Such reports must contain details of the employer’s workforce compensation as well as pay differences with respect to gender, and other protected characteristics.

Comparison 130

Comparison Assessment Software Planning Tools Discrimination 130

Trusaic

JUNE 20, 2023

The average salary loss is estimated at over £6,000 ($7,500), which could result in tens of millions of pounds in backdated compensation for the retailer. Implications for supermarket employees The ruling of this case has significant implications for supermarket employees, whose claims also focus on warehouse jobs comparisons.

Employer Branding 130

Employer Branding Comparison Planning Tools HR Software 130

Zenefits

FEBRUARY 7, 2023

Tracking and evaluating employee compensation metrics matters for maintaining a healthy, viable company. A company’s compensation philosophy plays into the quality of employees it keeps, how difficult retention will be, and how much competition it will face for talent. Understanding total compensation is essential.

Metrics 36

Metrics Compensation COMPAS Retention and Turnover 36

Trusaic

JULY 15, 2019

Include personnel who understand your organizational functions, data sources, hierarchies, and compensation structure and philosophy across departments. The team will determine the scope of the audit, including the compensation measures to be analyzed, workforce segments, the number of employees, locations, and lines of business.

Comparison 130

Comparison Analysis Assessment Software Compensation 130

Trusaic

JULY 11, 2023

Pay equity legislation and the risk of equal pay claims is forcing employers to review the way in which compensation decisions are made. They also want salary decisions to reflect individual skills rather than the compensation level of a specific job, particularly where talent shortages exist. The US still faces a talent shortage.

HR Software 100

HR Software Compensation Trends Compliance Training 100

HRsoft

FEBRUARY 6, 2024

In many cases, AI proves to enhance the decision-making process, especially as it relates to compensation lifecycle management , providing a clearer picture of data insights and visualization to enact changes that positively impact the organization. “As HRSoft’s careful AI exploration prioritizes security and value.

HR Software 59

HR Software Onboarding Software Compensation Comparison 59

Compensation Today

JULY 25, 2017

We included 52 organizations in this year’s review — up considerably from last year’s total of 18 — for a more comprehensive look into what’s going on in the tech industry from a compensation and employee-outlook perspective. PayScale's latest report reveals comp strategy, job stress at America's top tech employers. Click To Tweet.

Comparison 79

Comparison Payscale Oracle Planning Tools 79

Genesis HR Solutions

DECEMBER 11, 2019

An ASO is a service businesses use to outsource administrative functions, including employee benefits, payroll, HR management, workers compensation, and safety programs. An ASO is a service businesses use to outsource administrative functions, including employee benefits, payroll, HR management, workers compensation, and safety programs.

Payroll 52

Payroll HR Planning Company Staffing Software 52

Homebase

JUNE 21, 2023

That means it includes features like benefits management and compensation tools that small businesses with hourly teams won’t need. Many report a “ delay in follow up ” and “ many tickets outstanding for a while.” We’ve chosen them based on how they match Paylocity’s strengths and compensate for its weaknesses.

Paylocity 52

Paylocity HR Software Hiring Software Planning Tools 52

Trusaic

JULY 12, 2022

Also included in the complaints were mentions of unequal access to career opportunities, which in turn led to smaller bonuses in comparison to male counterparts. . The span of affected women experiencing unequal compensation suggests that Google’s pay equity problem goes deep. Taking concrete steps to foster a culture of belonging.

Discrimination 130

Discrimination Hiring Software Harassment Diversity 130

HR Tech Girl

OCTOBER 19, 2021

Expense reporting for a modern business means everything from payroll, to workplace software subscriptions, to office space leasing. It’s becoming increasingly common that US businesses offer additional compensation, like well-being programs and additional financial incentives. The Best Expense Reporting Software List.

Planning Tools 52

Planning Tools Software Report Tools 52

Homebase

FEBRUARY 23, 2024

One of the factors that contribute to employee satisfaction is accurate pay—offering a salary that’s competitive for the industry and makes sense in comparison to their coworkers’ responsibilities. To ensure you’re providing the right compensation for the job responsibilities, you need to conduct a job evaluation.

Hiring Software 52

Hiring Software Assessment Software HR Software Benchmarking 52

Homebase

JUNE 19, 2023

Reporting and analytics: Consider platforms that provide you with granular data that help you make smarter, more data-driven decisions in relation to labor costs and sales and weather forecasting. It’s also worth considering the limited flexibility in terms of editing and printing detailed reports.

Hiring Software 52

Hiring Software Onboarding Software Planning Tools Staffing Software 52

HR Daily Advisor

MAY 9, 2017

The Congressional Budget Office (CBO) released a report on April 25, 2017 discussing the compensation gap between private sector workers and those employed by the federal government. The CBO is not under the illusion that such a comparison is simple. Since the last such CBO study in 2012, the gap appears to have widened.

Compensation 43

Compensation Comparison Report Study 43

DecisionWise

DECEMBER 19, 2022

Reporting options include everything from simple, pre-defined dashboard widgets to fully configurable pages. However, as previously stated, their value as a comprehensive survey solution is limited due to a lack of reporting options and data analytics features. Workday , Success Factors, UKG, and BambooHR. Purpose-Built Survey Tools.

HR Software 147

HR Software Planning Tools Tools Talent Experience 147

Trusaic

SEPTEMBER 16, 2020

Good organizations see compensation and equity as an issue central to employee engagement — it comes out in surveys — and address it proactively to insure a motivated, driven workforce.” Some experts recognize the complexity of the compensation topic, wondering if it is even possible to satisfy all stakeholders.

Assessment Software 130

Assessment Software HR Software Compensation Policies 130

Extensis

FEBRUARY 29, 2024

Whether it involves reform regarding implementation, filing, or reporting duties, it’s up to brokers to be current on the latest. However, based on a congressional report reviewing over 200 NQTLs, it revealed none met with regulator expectations. Keeping up with compliance is a necessary part of benefit planning.

Compliance 52

Compliance Planning Tools HR Software Recruiting Software 52

HR Digest

FEBRUARY 1, 2024

CEOs and other C-suite executives are among the most well-compensated members of just about any organization but there are usually limits to just how big their payouts are. Considering these instances of her previous rulings, her stance on this case is unsurprising, and her 200-page statements on the case have also been interesting to read.

Compensation 52

Compensation Comparison Guidelines Immedis 52