HR Daily Advisor

JULY 21, 2015

In yesterday’s Advisor , we shared some of the results of our nationwide survey on HR metrics. 604 individuals participated in the HR Daily Advisor ’s HR Metrics Survey, conducted in April 2015. Turnover is clearly a very important metric for the HR professionals we surveyed—78% of participants measure it. Compensation-Related Metrics. Individual participants also specified that they have compensation metrics relating to seniority and retention bonuses.

Metrics 44

Metrics Survey COMPAS Retention and Turnover 44

Compensation Cafe

JULY 21, 2020

To accomplish this at work you should create quantifiable metrics that will collectively illustrate the well-being of your compensation program(s) - and then establish baselines (current state) and forward-thinking targets for each performance indicator.

COMPAS 52

COMPAS Metrics Compensation Comparison 52

Visier

AUGUST 22, 2017

Start with simple metrics like “female ratio” (looking at the percent of total headcount that are female) by department, role, and/or location, and in your hiring pipelines. Compa-ratio is a classic compensation calculation that indicates how close a person’s base pay is the pay level midpoint for the role they perform. If women have a lower than average compa-ratio, then it is likely that pay decisions are not being made equitably.

Diversity and Equality 193

Diversity and Equality COMPAS Employer Branding Metrics 193

Visier - Talent Acquisition

FEBRUARY 27, 2020

So which diversity and inclusion metrics do you want to measure? . Compa-ratio, which is the ratio of an employee’s or group of employee’s pay to the pay-level midpoint for a given role, is incredibly useful for evaluating how relatively well-paid someone is and whether there is a gender- or minority-based pay disparity in your organization. Do women and minorities have higher or lower compa-ratios than the overall organization?

COMPAS 60

COMPAS Analytics Benchmarking Metrics 60

Visier

AUGUST 22, 2017

Start with simple metrics like “female ratio” (looking at the percent of total headcount that are female) by department, role, and/or location, and in your hiring pipelines. Compa-ratio is a classic compensation calculation that indicates how close a person’s base pay is the pay level midpoint for the role they perform. If women have a lower than average compa-ratio, then it is likely that pay decisions are not being made equitably.

Diversity and Equality 150

Diversity and Equality COMPAS Employer Branding Metrics 150

Compensation Cafe

SEPTEMBER 26, 2017

To accomplish this you should create quantifiable metrics that will collectively illustrate the well-being of your compensation program(s) - and then establish baselines (current state) and targets for each performance indicator. Commonly Used HR Metrics : Average salary/wage. Compa-ratios (comparison of pay to a salary range midpoint). Make sure each metric is measurable because guesses don't count. Low compa-ratios that indicate you're not paying your salary ranges.

COMPAS 58

COMPAS Metrics Comparison Retirement 58

Digital HR Tech

NOVEMBER 27, 2019

Your relationship to this midpoint is called a compa-ratio. The aforementioned compa-ratios can be compared to performance metrics. Ideally, high performers have a positive compa-ratio, average performers are at the mid-point, while bad performers have a negative compa-ratio. Also, deviations from compa-ratios can be compared between different pockets in the organization to identify deviations.

COMPAS 46

COMPAS Compensation Certification Analysis 46

Visier

MARCH 8, 2018

Start with simple metrics like “female ratio” (looking at the percent of total headcount that are female) by department, role, and/or location, and in your hiring pipelines. Compa-ratio is a classic compensation calculation that indicates how close a person’s base pay is to the pay level midpoint for the role they perform. If women have a lower than average compa-ratio, then it is likely that pay decisions are not being made equitably.

COMPAS 168

COMPAS Diversity and Equality Compensation Diversity 168

Semos Cloud

OCTOBER 23, 2020

Considering that Total Rewards include compensation, benefits, wellbeing, developm ent and recognition, it takes a lot of balancing and finding the right formula that will work for your compa ny. . Category. All, Best Practices. Designing a Successful Total Rewards Strategy for 2021 .

COMPAS 63

COMPAS Strategy Compensation Retention and Turnover 63

Compensation Cafe

JUNE 16, 2017

You can distribute well-crafted, multi-colored and detailed total compensation statements that include such helpful information as an employee's pay grade, salary range and current compa-ratio. Editor's Note: In the Classic post, we toast (roast?) those organizations who manage to pull off a kind of perfect schizophrenia in their approach to pay communication. Don't think it's possible? I'm here to tell you that it's easier than it seems.

COMPAS 40

COMPAS Compensation Metrics Data 40

Compensation Cafe

DECEMBER 18, 2018

You can look at current employee metrics to further analyze your current state. Examples include survey results, skill sets, LOS in current jobs, compa-ratios and more that will provide insights into how ready employees (and HR) will be to evolve to achieve your goal. The online Business Dictionary defines business strategy as: -A method or plan chosen to bring about a desired future, such as achievement of a goal or solution to a problem.

Bonuses and Incentives 40

Bonuses and Incentives COMPAS Strategy eBook 40

Compensation Cafe

MAY 31, 2018

1) Ensure that these positions are regularly surveyed for competitive pay practices, and then 2) Create a metric that segments the actual pay of your customer-facing employees to determine the average compa-ratio and spotlight the presence of low paid workers. Have you ever walked out of a store because of poor customer service? Or felt frustrated because the employee at the other end of the phone didn't seem to care?

COMPAS 40

COMPAS Metrics Survey Study 40

Compensation Cafe

JANUARY 18, 2017

What you are experiencing can be unique circumstances, given your organization's demographics, HR metrics, culture, industry, revenue or operating budget size, management biases, the strength of leadership, past experiences, financial soundness, etc.

COMPAS 40

COMPAS Survey Metrics Policies 40

Ongig

FEBRUARY 28, 2018

Compas. We use 3 different growth metrics with the time period of 2018 compared to 2017: Growth in # of new ATS clients added — These are the top ATS’s by number of clients added among the top 4,000 hirers we track. A common question I get asked is: “What are the top applicant tracking systems I should consider using?” ” So, every year the Ongig team and I find the top ATS’s used by employers actively hiring…and we publish the details.

Applicant Tracking System 87

Applicant Tracking System System Greenhouse iCIMS 87

HR Daily Advisor

APRIL 7, 2017

You can add columns for compa-ratio and range penetration, if you’d like to track that metric as well. If you work in HR then you’re always busy and, as a result, your job grade data might be a smidge past its shelf life. It’s not that you don’t want up-to-the-minute salary range data but there’s almost always something else more pressing that needs your attention so it’s really easy to tell yourself—if it ain’t broke, don’t fix it—year after year, after year.

COMPAS 42

COMPAS Data Metrics Time and Attendance 42

WhoKnows

JULY 28, 2017

Compas ATS. For Staffing and Human Resource professionals who know that hiring great talent is a vital part of the organizations success, COMPAS is a recruiting platform that uses predictive analytics to improve recruiting performance. Unlike old recruiting platforms COMPAS has transformed the conventional Applicant Tracking & Customer Relationship software to automate tasks and provide talent recommendations. HR Onboarding Software Definition.

Onboarding 56

Onboarding Software Ascentis iRecruit 56

WhoKnows

JULY 28, 2017

Compas ATS. For Staffing and Human Resource professionals who know that hiring great talent is a vital part of the organizations success, COMPAS is a recruiting platform that uses predictive analytics to improve recruiting performance. Unlike old recruiting platforms COMPAS has transformed the conventional Applicant Tracking & Customer Relationship software to automate tasks and provide talent recommendations. HR Onboarding Software Definition.

Onboarding 40

Onboarding Ascentis iRecruit Software 40

Visier - Talent Acquisition

NOVEMBER 28, 2018

The solution is to unify compensation data– salary, bonuses, benefits, compa ratios, and so on –in a people analytics solution alongside workforce data such as movement, performance, and engagement. . With this insight you can see where your high performers are at risk of exit, the correlation between pay and performance or productivity, and even overlay business metrics to tie pay policies to business outcomes.

COMPAS 8

COMPAS Retention and Turnover Payroll Analysis 8