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 progressionEditor's Note: Pay progression may seem like a topic that can and should only interest the true compensation nerds among us, but if this Wall Street Journal article is picking up on a genuine pay growth trend out there we would all be well-advised to push this up to the top of our list for serious attention - if we wish our programs to maintain credibility.

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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.

How to Make NPS a Part of Your Company Culture

crewhu

Net Promoter Score provides deep insight into what customers think of your compa ny. Here’s how to use the results to improve your workflows and overall employee satisfaction. Company Culture NPS eNPS

Employee Compensation: Everything you Need to Know

Astron Solutions

In fact, the performance rating taken in tandem with an employee’s compa-ratio reveals a fuller picture. What is Compa-ratio? So, if the individual’s compa-ratio comes out to 100%, then the individual is already being paid what a competent performer should be.

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?”. As with the average market-ratio for the job, to get the average compa-ratio for the group of employees in the job, first calculate each employee’s compa-ratio, then average the compa-ratios. Assess: Similar to market-ratio, a compa-ratio of 1.0

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.

Let Me Tell You a Story

Compensation Cafe

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

4 steps to Building a Business Case for D&I

Visier - Talent Acquisition

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. Do women and minorities have higher or lower compa-ratios than the overall organization? Improving diversity and inclusion is top of mind for most organizations—87% of them, according to a PwC study.

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. Again, it is simple to specify the “referenced person” to construct “employee” analytics that can be placed on relevant employee pages. Or consider a simple pie chart showing the value of someone’s employer benefits.

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. You determine that department coordinators have an average compa-ratio of 1.03, while the faculty group has an average compa-ratio of 0.98. Kudos to you for having compa-ratios that are relatively close to 1; the larger the group, the closer they should be to 1.

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. The relationship of base pay to the market, expressed as a percentage of the midpoint of the salary range, is the compa-ratio. To determine compa-ratio, an employee’s base salary is divided by the midpoint of the salary range for his/her position.

Why Amazon's AI-driven high volume hiring project failed

Hubert

COMPAS, an AI tool created by Northpointe and used to assist judges, probation and parole officers to assess the likelihood of a criminal defendant to become a recidivist (a criminal who reoffends). Envision the dream of a well functioning recruiting AI.

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. Also, deviations from compa-ratios can be compared between different pockets in the organization to identify deviations.

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. Use compa-ratios to tell you whether there are compression issues in high growth departments and, if so, how big the salary differences are. Editor's Note: Yes, it's that time of year.

Learn a new word: Positive Predictive Value

Steve Boese

A good way to think about PPV and NPV is using the example of an algorithm called COMPAS which attempts to predict the likelihood that a convicted criminal is likely to become a repeat offender, and has been used in some instances by sentencing judges when considering how harshly or leniently to sentence a given criminal.

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. It's likely that your pay-for-performance program has a fatal flaw built into it; an inadvertent side effect of the design that, if ignored by management will almost certainly guarantee failure. But no one wants to talk about it.

Designing a Successful Total Rewards Strategy for 2021

Semos Cloud

Considering that Total Rewards include compensation, benefits, wellbeing, developm ent and recognition, it takes a lot of balancing and finding the right formula that will work for your compa ny. . Category. All, Best Practices. Designing a Successful Total Rewards Strategy for 2021 .

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. COMPAS offers users a SaaS solution to process requisitions, interview & hire candidates, approve time, and process invoices. Joining a COMPAS web meeting is quick and easy. There is no dialing in, no downloading requirements, and there is no leaving COMPAS.

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. Assign too many senior people, and the salary spend may be higher than is necessary to deliver project outcomes.

COMPAS 200

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. Reviewing your compa-ratios can help you assess if you are in fact doing so, and/or if some employees are too high or too low in their range. It is not possible to know your compa-ratio without first knowing your range midpoint.

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. . If you’re addressing your organization's single largest expense, the employee pay programs, then those pictures become charts, graphs and other visual aids that illustrate the presentation points. .

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. This year’s International Women’s Day theme is #PressForProgress. It’s a strong call to action to collectively push harder for gender parity.

COMPAS 174

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.

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. This list of HR Key Performance Indicators (KPIs) and metrics contains certainly enough to help you fuel your HR dashboard for the next few months if not longer.

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. Reviewing your compa-ratios can help you assess if you are in fact doing so, and/or if some employees are too high or too low in their range. It is not possible to know your compa-ratio without first knowing your range midpoint.

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? Jim Brennan lays out the Classic case for delivering merit increases as a percent of job value (or range midpoint or market reference point) rather than as a percent of actual base pay. How many of you are already doing this?

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 deliver merit increases than the "timeless" merit grid? Listen up as Jim Brennan makes his Classic case for a different approach. The Percentage of Job Value approach seems far superior to the antique habit of awarding increases according to base pay.

Who Wants to be Paid The Minimum Rate?

Compensation Cafe

When you promote an employee whose resultant pay is near the bottom of their salary range, be careful to avoid creating problems for yourself in the new salary range; it will be very difficult to move a low compa-ratio employee to a higher ratio in their range – without providing an eyebrow-raising increase. Did anybody raise their hand? Of course not; no one wants to be paid at the minimum rate of anything.

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. . t is important to know why salaries paid to individuals should increase at a different rate than overall competitive salary structures.

Recap of HR Technology Conference 2019

Visier - Talent Acquisition

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.

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. Women earn 84 euro cents for every €1 men earn. Women work around two months free each year, compared to men. While many organisations are proactively seeking to redress any imbalance, the problem persists.

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. Compensation and benefits are thus a key part of Human Resource Management. In this article, we will provide you with a full guide about compensation and benefits. Contents What are compensation and benefits?

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. The potential danger is when the Compas score influences a judge to issue a longer prison sentence to someone the algorithm suggests is likely to repeat offend. 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. I love being around ‘my people’ nerding out on compensation and proudly letting my comp flag fly.

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?) those organizations who manage to pull off a kind of perfect schizophrenia in their approach to pay communication. Don't think it's possible? I'm here to tell you that it's easier than it seems.

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. Got aboard in Nome, Alaska, took a left turn around the northeast corner of Russia and Asia (one side of the Bering Straits) and then to Wrangel Island and two others.

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

Something Different

Anytime an executive wanted to see the compa-ratios of everyone in ‘X’ population, wanted to market price ‘Y’ job, or wanted to understand how extending an offer to a candidate would impact internal equity within ‘Z’ department etc… I was the person in charge of providing that data. <www.forbes.com> …So I’m relatively early in my HR career.

COMPAS 136

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. More than a few times I've stood in front of a podium, either ruminating over the intricacies of Compensation Management with practitioners and business leaders, or trying to instruct HR Generalists so that those who didn't give a hoot about Compensation could pass a SHRM certification test.