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

Analytics in HR

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. ” 10. ” 15.

COMPAS 89
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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.

COMPAS 100
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A Comprehensive Guide to the Compa Ratio

Analytics in HR

In its original use, compa ratio (or comp ratio, or compensation ratio) is a simple formula designed to compare an individual’s actual salary to the midpoint of a defined salary range. For example, you could use group compa ratio and other data to compare salaries in job groups to other organizations to evaluate external competitiveness.

COMPAS 111
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OFCCP Compliance: Proactively Prepare for Compensation Audits

Trusaic

It relates to ensuring technology based recruiting, screening and hiring procedures like artificial intelligence (AI) do not create barriers to equal employment opportunity. Compensation policies and practices that can help explain the factors and reasoning used to determine compensation are also required.

COMPAS 130
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LaRocque: Why HR needs a strategy for evaluating tech startups, scaleups

HRExecutive

As they implement new programs and policies to respond to the impact of the pandemic on the workforce and shepherd in a more promising future of work, they’re looking for new technology to help. PwC reports that 74% of businesses plan to increase their spending on HR tech. The stakes couldn’t be much higher.

COMPAS 115
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U.S. states are not ‘waiting on Congress’ to regulate AI

HRExecutive

This week, compensation market data org Compa publicized $10 million Series A funding led by Storm Ventures. Pay transparency is Compa’s focus. HRE’s sister publication, HRM Asia , wrote about measuring applicant trust in AI-enabled hiring tools. More from HRE Are job seekers receptive to being assessed by AI?

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The New Workforce Gender Equity Factors HR Needs to Watch

Visier

Establishing an equitable pay policy is an important step forward, but the gender pay gap is more than a compensation issue. In 2015, 90% of new CEOs in the S&P 500 were promoted or hired from line roles — and 100% of these executives were men. So what’s holding up progress? Revisiting the Manager Divide.

COMPAS 152