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How HR Software Can Boost Your Compensation Strategy

Paycor

Paycor’s Compensation Planning software reduces admin work and allows you to automate compensation events within one system, giving HR leaders the time they need to focus on the big picture. Review compa-ratios for each employees. Automatically push all changes to payroll. Drive Efficiencies. Ethics and Fairness.

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“5 Things We Need To Do To Close The Gender Wage Gap”, with John Schwarz CEO of Visier

Thrive Global

If there is a clear difference in scale or compa ratios, then it is clear there is a bias. My first developer role was managing a payroll system in an insurance company that employed people in 54 different countries. They paid them from a central payroll system operated at the HQ.

Visier 36
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Compensation and Benefits

Analytics in HR

This amount is negotiated during the hiring process and agreed upon before the employment contract begins. Every new hire should receive a clear report of their compensation package and know who to contact if they have any questions. It is typically an annual or monthly salary or an hourly rate.