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10 vital HR metrics to track for your business

Business Management Daily

Rigolizzo about what HR professionals need to know about this vital tool. Dr. Rigolizzo: Particularly within HR, data analytics is essential and not something HR has traditionally used as a key tool, but the use of data to make decisions is becoming commonplace, and therefore HR data analytics careers are in high demand.

COMPAS 59
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U.S. states are not ‘waiting on Congress’ to regulate AI

HRExecutive

a company providing tools to help HR teams make evidence-based talent decisions. And, of course, most HR leaders are up to speed on New York City’s Automated Employment Decision Tool law. This week, compensation market data org Compa publicized $10 million Series A funding led by Storm Ventures. See what they found out.

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A Guide to Compensation Analysis

Analytics in HR

Although compensation analysis can be a complex process, it is a necessary tool to ensure fair workplace practices and contribute to your employee engagement strategy. Microsoft Excel has, for a long time, been the favored tool to analyze compensation data. It can account for up to 70% of the business cost. A final word.

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HR technology in 2024: What to look for

HRExecutive

Advertisement - Some of the important areas where Generative AI is impacting HR, talent and leadership teams include recruitment, employee recognition and engagement, performance management, HR service delivery and more. HR tech providers to watch: Salary.com, Compa, Visier 5. 1 topic in 2024.

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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. It gives you very similar information to the compa ratio metric. This compensation metric is a valuable tool for comparing pay and across the organization.

COMPAS 90
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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. In fact, the performance rating taken in tandem with an employee’s compa-ratio reveals a fuller picture. What is Compa-ratio? 875 x 100 = 87.5% 958 x 100 = 95.8%

COMPAS 59
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11 more startups compete in Pitchfest round 2

HRExecutive

an executive coaching, outplacement and leadership training firm, and Compa, a talent acquisition compensation analytics tool, advanced from that round. The first round kicked off Tuesday night in front of a standing-room, but socially distanced, crowd of attendees in the Expo Hall to close out the first day of the conference.