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10 vital HR metrics to track for your business

Business Management Daily

Why HR needs data analytics Why is data analytics crucial to HR’s role in the organization? Rigolizzo: Particularly within HR, data analytics is essential and not something HR has traditionally used as a key tool, but the use of data to make decisions is becoming commonplace, and therefore HR data analytics careers are in high demand.

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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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2021 HR Technology Conference Pitchfest Participants Announced! #hrtechconf (HR Tech You Want To Know About!)

The Tim Sackett Project

If I “Google” your product name and “HR Tech” I better be able to find you, or you better fire your marketing person! Come check it out, it’s a great way to see a ton of technology in a one-hour time slot to see if you want to find out more. Pro Tip to Startups!

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How HR Software Can Boost Your Compensation Strategy

Paycor

The tools you still have at your disposal, like merit increases and bonuses, have a big role to play keeping your workforce productive and engaged. The challenge for HR leaders is getting out of the weeds of error-prone spreadsheets, repetitive data entry and time-consuming training sessions with managers. Drive Efficiencies.

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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. Tracking metrics like compa ratio and salary range penetration will also help you spot employee compensation issues when they arise and allow you to rectify them as soon as possible. A final word.

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

Something Different

My first HR role out of school was as a Recruiter. and onboarding (first day details and manager hand-off) for every candidate hired. and onboarding (first day details and manager hand-off) for every candidate hired. I was inexperienced in recruiting, shy, and managing the greatest scope of responsibilities of my entire life.

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Compensation Metrics for Evaluating Your Plan’s Success

Zenefits

Salary ranges help employers set base pay for new hires and determine salary increases for current team members. Compensation ratio (compa ratio) A compa ratio lets companies compare where individual employees are in relation to the salary range midpoint. This metric highlights the average raise given for a job promotion.

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