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10 vital HR metrics to track for your business

Business Management Daily

How are organizations using HR analytics to increase employee recruitment and retention? Dr. Rigolizzo: Regarding recruitment, thoughtful data can reveal built-in biases that keep you away from qualified candidates. There are many ways to use it down to where recruitment dollars should go. Does it matter if we do an interview?

COMPAS 59
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U.S. states are not ‘waiting on Congress’ to regulate AI

HRExecutive

Last week, I spoke with Dr. Matthew Neale, organizational psychologist and vice president of assessment products at Criteria Corp. , This week, compensation market data org Compa publicized $10 million Series A funding led by Storm Ventures. Pay transparency is Compa’s focus. See what they found out.

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7 Compensation Issues and How to Fix Them

Analytics in HR

Ignoring compensation issues at your organization can lead to unhappy workers, low morale, decreased productivity, and increased turnover. Hence, your Human Resources and/or Compensation & Benefits department must ensure the compensation you offer to your employees is appealing enough to keep your team happy.

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How HR Software Can Boost Your Compensation Strategy

Paycor

You can put in all the work you want developing a great company culture, but if you don’t get compensation strategy right, you’ll be fighting a losing battle to motivate and retain your employees, and you’ll miss out on attracting top talent. Here are three key ways software can improve your compensation strategy: Improve Productivity.

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LaRocque: Why HR needs a strategy for evaluating tech startups, scaleups

HRExecutive

Advertisement A lot of this revenue and funding goes directly into product innovation and development. The resulting products will be vying for the HR leader’s attention before you know it. This funding surge has fueled innovation that will emerge as products for HR’s consideration throughout 2022 at a scale we haven’t seen before.

COMPAS 100
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Compensation Metrics for Evaluating Your Plan’s Success

Zenefits

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
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5 Compensation Analytics to Track That Answer Your Big Comp Questions

Compensation Today

This is a lesson from our forthcoming ecourse on compensation analytics, and builds on what we covered in the post on setting goals. 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 It’s time to get technical.

COMPAS 79