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10 vital HR metrics to track for your business

Business Management Daily

Human resources analytics, a relatively new discipline, is growing at an extraordinary rate and is quickly becoming an essential competency for HR professionals, according to Dr. Michele Rigolizzo, an assistant professor at the Feliciano School of Business at Montclair State University. It’s important in many ways.

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A Guide to Compensation Analysis

Analytics in HR

Here are a few key concepts in compensation analysis that you need to understand: External competitiveness – Employers compare their compensation data and practices to external companies. For example, Salesforce found that their engineer salaries were comparable to engineers at Microsoft. It can be a part of your HR reporting.

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What Is Salary Range Penetration? Definition, Use, and Examples

Analytics in HR

Let’s have a closer look at this metric and find out how HR can enable managers to use salary range penetration in their hiring, salary raise, and promotion decisions. How can HR enable managers to use salary range penetration? How can HR enable managers to use salary range penetration?

COMPAS 90
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Why Internal Mobility is Key to Building a Diverse Workforce

Visier

But often, leaders “miss opportunities to unleash diverse talent at lower levels,” states DDI’s recent diversity & inclusion report , which analyzes responses from over 17,000 human resource executives and leaders globally. The key is to go beyond your overall representation numbers and dig deep into your workforce data.

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Recap of HR Technology Conference 2019

Visier

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.

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Employee Compensation: Everything you Need to Know

Astron Solutions

As an HR leader for your organization, you know that employee compensation is not just something you determine when you hire a new team member and then forget about. It’s crucial that your organization’s compensation plan both motivates employees and sets the foundation for their own individual advancement.

COMPAS 59
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How to structure employee compensation

Workable

VP of HR, CFO.) There are two ways companies can create their compensation plans for base salary: Benchmarking (or market pricing) where each job is assigned an individual salary range based on market trends. Here are both approaches with examples and how you can combine them: Benchmarking. For example, the U.S.

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