Analytics in HR

OCTOBER 27, 2023

What is compensation and benefits? Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. Overall compensation is the top factor that job seekers consider when accepting a new job. What is the difference between compensation and benefits?

Compensation 111

Compensation Wage and Hour Training COMPAS Bonuses and Incentives 111

Compensation Today

SEPTEMBER 5, 2017

This is a lesson from our forthcoming ecourse on compensation analytics, and builds on our previous post on how to dig into comp analytics for specific questions. You spent some time making sure your compensation plan is current and that it prioritizes the things that drive organizational success. You’ve done it! GET A DEMO.

Compensation 68

Compensation Analytics COMPAS How To 68

SumTotal

NOVEMBER 14, 2019

In the UK, it is the day when based on data about average pay, women overall stop being paid compared to men. Gender pay gap reporting is based on hourly wage, and therefore, numbers of hours worked does not impact the data. HR’s role in tipping the scales. HR can leverage such data to develop company standards around pay.

HR Software 40

HR Software Assessment Software Planning Tools COMPAS 40

Trusaic

DECEMBER 12, 2023

Significant amendments relate to the scope of required employee level compensation data, factors used to determine pay, and documentation that help explain factors and reasoning used to determine compensation. Upon receipt of a Scheduling Letter, contractors have 30 calendar days to respond with their initial data submission.

COMPAS 130

COMPAS Compensation Compliance Hiring Software 130

HR Daily Advisor

JULY 21, 2015

In yesterday’s Advisor , we shared some of the results of our nationwide survey on HR metrics. Today, more of our findings, including measures of turnover, compensation, and training. 604 individuals participated in the HR Daily Advisor ’s HR Metrics Survey, conducted in April 2015. Compensation-Related Metrics.

Metrics 40

Metrics HR Planning Survey COMPAS 40

Analytics in HR

JUNE 15, 2021

In its original use, compa ratio (or comp ratio, or compensation ratio) is a simple formula designed to compare an individual’s actual salary to the midpoint of a defined salary range. Over the past few decades, HR and compensation professionals have found many more ways to use it. What is compa ratio?

COMPAS 106

COMPAS Wage and Hour Training Compensation Hiring Software 106

Digital HR Tech

NOVEMBER 27, 2019

The compensation and benefits manager plays a key role in coordinating the corporate compensation and benefits department. We dive into the core responsibilities of the compensation and benefits manager, take a look at his/her salary, and finish up with an example job description. Building Pay Bands. Evaluating Jobs.

COMPAS 52

COMPAS Compensation HR Planning Hiring Software 52

Workable

NOVEMBER 7, 2017

Pay structures define employee compensation for different jobs or groups of jobs. They involve setting salary ranges and pay grades based on market data and job roles. Here’s our guide on why and how to set up a pay structure: Why you need structured employee compensation. VP of HR, CFO.) Arbitrary figures.

COMPAS 86

COMPAS Compensation Hiring Software How To 86

Visier

OCTOBER 7, 2019

Just like that, another HR Technology Conference has come and gone. All conference long, we showed how our enterprise grade people analytics now serves HR teams of all sizes, and also presented how our partnership with Insperity makes it even easier for all kinds of organizations to take advantage of the power of their data.

HR Software 151

HR Software Recruiting Software Planning Tools Conference 151

Visier

NOVEMBER 16, 2021

At the same time, the volume of workforce data continues to grow at an unprecedented rate, but merely having this data isn’t enough to succeed. You must be able to interrogate your data to determine the root cause of problems, apply appropriate interventions, and anticipate future developments based on hard evidence.

Hiring Software 282

Hiring Software Planning Tools HR Software COMPAS 282

HRsoft

FEBRUARY 20, 2024

How to get more out of your compensation management efforts? Learn what compensation management is and why it is important to increase employee retention , motivation, and productivity. Compensation practices continue to evolve as economic factors, industry changes and employee demands transform.

Compensation 59

Compensation Planning Tools HR Software Assessment Software 59

Visier

OCTOBER 7, 2019

Just like that, another HR Technology Conference has come and gone. All conference long, we showed how our enterprise grade people analytics now serves HR teams of all sizes, and also presented how our partnership with Insperity makes it even easier for all kinds of organizations to take advantage of the power of their data.

HR Software 30

HR Software Recruiting Software Planning Tools Conference 30

Visier

APRIL 7, 2021

AI is becoming part of our professional lives, too, but it can be harder to see, especially in a people-centric field like HR. At its core, AI is the science of training systems to emulate human tasks. An AI system requires three ingredients–a problem, inputs or data, and a set of parameters or rules. AI for Human Resources.

HR Software 195

HR Software Hiring Software Onboarding Software Assessment Software 195

Visier

NOVEMBER 28, 2018

Pay traditionally gets negotiated once at hire and any merit increases are thereafter distributed according to broadly applied policies. Whether or not these compensation policies are helping employee retention, boosting productivity, or otherwise making the best use of your compensation budget is a mystery. .

COMPAS 30

COMPAS Compensation Policies Hiring Software 30