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10 vital HR metrics to track for your business

Business Management Daily

How are organizations using HR analytics to increase employee recruitment and retention? Dr. Rigolizzo: Regarding recruitment, thoughtful data can reveal built-in biases that keep you away from qualified candidates. There are many ways to use it down to where recruitment dollars should go. Does it matter if we do an interview?

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HR Cloud Integrates with Applicant Tracking Software Maker COMPAS

HR Cloud

HR Cloud is proud to announce its newest integration with COMPAS recruiting software. By combining HR Cloud with COMPAS technology we have ensured that companies using COMPAS to recruit will have their candidates efficiently onboarded into their organizations.

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

HRExecutive

Advertisement - As of September 2023, according to BSA | The Software Alliance , state lawmakers had proposed 440% more AI-related bills last year than in all of 2022. This week, compensation market data org Compa publicized $10 million Series A funding led by Storm Ventures. Pay transparency is Compa’s focus.

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A Guide to Compensation Analysis

Analytics in HR

Some companies already have compensation analysis software that helps with this, or others use a spreadsheet with data from their HRIS. If you need a snapshot to understand the cost per employee, you may conduct a “Headcount analysis” to provide an accurate picture of staffing levels and compensation per employee.

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

HRExecutive

As most employers are struggling to hire and reports also show that up to 40% of workers are planning to change jobs , there’s little room for error in selecting new HR technology. PwC reports that 74% of businesses plan to increase their spending on HR tech. The stakes couldn’t be much higher.

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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. Here are three key ways software can improve your compensation strategy: Improve Productivity. Review compa-ratios for each employees.

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What We Wish Everyone Knew About Compensation Management!

Keka HR Blog

Companies must go beyond manual pay planning to explore the value of using compensation management software. An employee value proposition is a collection of principles for the company that helps you to recruit, retain and engage employees. Compa Ratio. It can be summed up as what the organization can offer to its employees.

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