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The Compehensive Dictionary of HR Terms To Know [In 2024]

AIHR

Compa ratio Compa ratio , also known as a comparative ratio, is a metric that compares an individual’s or group’s salary to the midpoint of a defined salary range. HR term example: “The HR department analyzed the compa ratio to assess the fairness of our salary distributions.” ” 3. ” 9. ” 10.

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

HRExecutive

There has been a remarkable surge in both global spending and funding for HR technology in 2021. Sapient Insights reported in its latest HR Systems Survey that 2021 was up 57% over last year on the spending front. PwC reports that 74% of businesses plan to increase their spending on HR tech. Author George LaRocque.

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Compensation and Benefits

AIHR

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.

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The Top 100 Applicant Tracking Systems in 2018

Ongig

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. This year’s report tracks 4,218 top hirers and the ATS they use.

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OFCCP Compliance: Proactively Prepare for Compensation Audits

Trusaic

In this article we focus on what they mean for pay equity reporting and the move to strengthen pay transparency at the federal level. Item 22 is new and requires employers to provide documentation demonstrating their compliance with their obligation to evaluate whether their compensation system has gender, race, or ethnicity disparities.

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How to structure employee compensation

Workable

This may perpetuate the gender pay gap and, as a result, create systemic pay disparities that prompt discrimination lawsuits. Also, companies may end up paying managers the same salary as what their direct reports should earn, or even paying employees more than the maximum salary for their job. Recruiter with salary of $50,000.