HR Cloud Integrates with Applicant Tracking Software Maker COMPAS

HR Cloud

HR Cloud is proud to announce its newest integration with COMPAS recruiting software. By combining HR Cloud with COMPAS technology we have ensured that companies using COMPAS to recruit will have their candidates efficiently onboarded into their organizations. Integrations Press compas

Cafe Classic: Solving the Dilemma of Pay Progression Over Time

Compensation Cafe

Base Salaries compa-ratio pay competitiveness pay progression

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HR Cloud the Gateway to HR Software for Small Business

HR Cloud

Onboarding Onboard ADP Checkr Integrations greenhouse Human Resources compas Engagedly HRIS QuickbooksIf your company is anything like ours, you probably use a multitude of different apps to run your business everyday. This is what's known as the best-of-breed (BoB) trend — organizations using various pieces of software, each designed to fill a specific business need. At HR Cloud, we're big proponents of the BoB approach.

4 steps to Building a Business Case for D&I

Visier

Compa-ratio, which is the ratio of an employee’s or group of employee’s pay to the pay-level midpoint for a given role, is incredibly useful for evaluating how relatively well-paid someone is and whether there is a gender- or minority-based pay disparity in your organization.

COMPAS 298

5 Compensation Analytics to Track That Answer Your Big Comp Questions

Compensation Today

Compa-Ratio. Usage: Compa-ratios help answer the question “Are we paying according to our plan?”. Assess: Similar to market-ratio, a compa-ratio of 1.0 Compa-ratio tends to work best for groups of individuals where you average compa-ratios to get an overall pay trend.

Recap of HR Technology Conference 2019

Visier

In this environment, we use Visier to monitor our ‘consistent stars’, to understand them in these dimensions: 1) Time Since Promotion, 2) Compa Ratio, 3) Career Path. Just like that, another HR Technology Conference has come and gone.

The Compensation and Benefits Manager – A Full Guide

Digital HR Tech

Your relationship to this midpoint is called a compa-ratio. The aforementioned compa-ratios can be compared to performance metrics. Ideally, high performers have a positive compa-ratio, average performers are at the mid-point, while bad performers have a negative compa-ratio.

Vista Analytics Series Employee

Personnel Data Systems

For example, consider a chart comparing an employee’s compa-ratio to his peers’ ratios over time. Part 3 – Employee Analytics. When navigating through employee information in Vista, it knows who the currently referenced employee is.

How to Dig Into Compensation Analytics to Answer Specific Questions

Compensation Today

Compa-Ratio by Function. Compa-ratio can also be used for groups of employees. You research the claim by determining the compa-ratio for the group of department coordinators and the faculty group.

5 Ways to Promote More Gender Equity in the Workplace

Visier

Compa-ratio is a classic compensation calculation that indicates how close a person’s base pay is the pay level midpoint for the role they perform. If women have a lower than average compa-ratio, then it is likely that pay decisions are not being made equitably.

Compensation Terminology 101

HR Daily Advisor

Just last week, I was asked the difference between compa-ratio and range penetration and had to check to be sure I was accurately explaining both terms. Compa-Ratio vs. Range Penetration.

Cafe Classic: Time for Spring Cleaning?

Compensation Cafe

Create an overall, combined compa-ratio for your jobs and decide if you like what you see. Break down your compa-ratio audit by job family and analyze where actual pay is vs. the market rates for the jobs. Editor's Note: Yes, it's that time of year.

Learn a new word: Positive Predictive Value

Steve Boese

The strength of a tool like COMPAS is that when accurate, it can indicate to the judge to give a longer sentence to a convict that is highly likely to be a repeat offender, and perhaps be more lenient on an offender that the algorithm assesses to be less likely to repeat their crimes once released.

Merit Pay's Fatal Flaw

Compensation Cafe

Your compa-ratio is 80%. After three years your pay is now $90, and your new compa-ratio is 83.6%. compa-ratio will likely have you starting the new job similarly low in your new salary range.

HR TechStack – Video Interviewing Tools

WhoKnows

COMPAS Recruiting. COMPAS all-in-one ATS/CRM was developed to provide hiring managers and recruiters full visibility into the recruitment, requisition, interview, selection, and employment processes. Joining a COMPAS web meeting is quick and easy. Video Interviewing Tools.

Workforce Planners: 4 Steps to Improving Profit Margins for Services

Visier

Since junior staff often start at the lower end of the compa ratio, their increases are often larger. Professional services firms face a delicate balancing act in determining how to best staff a client project. Assign too many junior people, and client satisfaction may suffer.

COMPAS 257

PayScale's Compensation Glossary: Part 3 of 4

Compensation Today

4) COMPA-RATIO Definition: How an employee pay rate compares to the midpoint of their range. Why it matters: The compa (or comparative) ratio is often used to evaluate how closely a company is following its compensation plan. Jenni Marquez, CCP, PayScale Compensation Professional Wow!

Cafe Classic: Personal Pay Versus Salary Structures

Compensation Cafe

You don't want folks stuck at the entry compa-ratio forever! Editor's Note: Confused by the different figures coming out of salary budget surveys every year? We bring you this Classic primer on some eternal salary management questions, via Jim Brennan. .

Lights! Camera! Action!!

Compensation Cafe

Compa-ratios (comparison of pay to a salary range midpoint). Low compa-ratios that indicate you're not paying your salary ranges. When you’re trying to grab the attention of Senior Management, remember that they like a good story, especially one with pictures. .

The New Workforce Gender Equity Factors HR Needs to Watch

Visier

Compa-ratio is a classic compensation calculation that indicates how close a person’s base pay is to the pay level midpoint for the role they perform. If women have a lower than average compa-ratio, then it is likely that pay decisions are not being made equitably.

COMPAS 223

Cafe Classic: Increases as a Percentage of Job Value

Compensation Cafe

Merit grids are complicated to design, construct, administer and explain; and they earn criticism for “punishing” high earners by imposing lower increase percentages on those with higher compa-ratios. Editor's Note: A better way to do merit pay?

The 100 HR Indicators Every Manager Needs to Know

EmployeeConnect

Compa-ratio: the comparison of an employee’s wage in relation to the median value on an organisation’s pay scale. #11 If you’re like me, you might also be addicted to listicles, these articles in the forms of bullet-points that distil information in a very digestible way.

PayScale's Compensation Glossary: Part 3 of 4

Compensation Today

4) COMPA-RATIO Definition: How an employee pay rate compares to the midpoint of their range. Why it matters: The compa (or comparative) ratio is often used to evaluate how closely a company is following its compensation plan. Jenni Marquez, CCP, PayScale Compensation Professional Wow!

A Full Guide to Compensation and Benefits

Digital HR Tech

Each range has a mid-point, which you may hear as a compa-ratio. If you have a compa-ratio of 100 percent, that means you are at the midpoint of the salary range. Compensation and benefits refer to the benefits a firm provides to its employees in exchange for their labor.

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

SumTotal

compa-ratio) or market salary survey data, adjust as necessary, and approve the compensation plans for their direct reports. The European Commission’s 2019 report on the gender pay gap reveals the following: Women earn over 16% less than men per hour in the EU.

Explaining Pay Raises

Nobscot

This article explains to the layperson how he can improve his increase and provides information on grading systems including a simple explanation of compa ratios. How often in HR have you had to smooth over some ruffled feathers with an employee who is upset about his or her pay increase?You You might want to share with them an article on HRWhatnot called How to Maximize Your Pay Raise.

Who Wants to be Paid The Minimum Rate?

Compensation Cafe

Did anybody raise their hand? Of course not; no one wants to be paid at the minimum rate of anything.

Questions to ask before letting an algorithm make HR decisions

Steve Boese

In the piece on EFF, the main example or warning cited when AI-driven processes might negatively impact people's lives is in the use of an algorithm called Compas, which has been used to predict convicted criminals likelihood to become repeat offenders. But what if Compas is wrong?

Compference16 Recap: Communicating Comp, Transparency, and a Stranger Things Joke

Compensation Today

Who doesn’t love getting a little weird on free wine with other like-minded nerds who get more impassioned about range penetration & compa-ratio’s with each glass of chardonnay? 'I Hi, my name is Ashley, and I’m an HR conference junkie. I love HR conferences, maybe a little too much.

Cafe Classic: How to Be Both Transparent and Secretive at the Same Time

Compensation Cafe

You can distribute well-crafted, multi-colored and detailed total compensation statements that include such helpful information as an employee's pay grade, salary range and current compa-ratio. Editor's Note: In the Classic post, we toast (roast?)

I’ve Had Six Great Bosses in Four Years – Here’s What I’ve Learned From Each One (Part 1)

Something Different

<www.forbes.com> …So I’m relatively early in my HR career. Out of my undergraduate program in 2009, I completed my MBA and Master of Human Resource and Industrial Relations over a two year period.

COMPAS 176

Bill Kutik: Welcome to Survey Nation!

HRExecutive

The mind boggles at the thought of that after decades of HR’s dedication to treating everyone the same through compa-ratios, mid-points, etc. Some of you may know I spent two weeks of September on an expedition cruise to the coast and islands of Arctic Siberia.

Thinking about Strategy for the New Year

Compensation Cafe

Examples include survey results, skill sets, LOS in current jobs, compa-ratios and more that will provide insights into how ready employees (and HR) will be to evolve to achieve your goal.

To Lead, to Lag, or to Roll the Dice

Compensation Cafe

The size of your movement could create potential compa-ratio issues (employees falling much lower in their salary range) that you might not have the budget - or management will - to correct.

Let's Recognize Customer-Facing Jobs

Compensation Cafe

1) Ensure that these positions are regularly surveyed for competitive pay practices, and then 2) Create a report segmenting the actual pay of your customer-facing employees to determine the average compa-ratio and spotlight the presence of low paid workers.