Compensation Air Traffic Control

Compensation Cafe

The swirl of tasks and requests can make a compensation professional feel more like they work in air traffic control. Compensation can often seem pedestrian, but in times like this, your job may be similar. Dan is also a leading expert on incentive plans and equity compensation issues.

Compensation Transparency

China Gorman

Transparency in Compensation: Trends and Best Practices , underwritten by salary.com , is a thoughtful and interesting discussion of the impact of different levels of transparency in the workplace – from too little to too much.

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Compensation Singularities

Compensation Cafe

Have you heard of the Compensation Singularity Rule? It turns out the client had applied the Compensation Singularity Rule. As wizened compensation professionals I’m sure that you’ve realized that I am being tongue-in-cheek; you have all likely faced this phenomenon in the past.

Culture and Compensation

China Gorman

PayScale has produced its 8 th annual in-depth report on compensation best practices: Comp is Culture. Even though I’m not an HR professional, much less a compensation professional, I found it fascinating. Especially the impact that compensation practices have on organization culture.

Small Business Guide to Comp Benchmarking

To compete in today’s market, you must know what the market pays for certain skills so you can develop fair and competitive offers. Understanding the market, then determining guidelines for pay isn’t just a nice to have for today’s talent, it’s a must have.

Cafe Classic: The Beowulf of Compensation

Compensation Cafe

No compensation plan, philosophy or process is interesting enough to be carried down through 10 years of oral history, much less 1,000 years. For example, “Sally create that spreadsheet and she really needs to be the one to run the data.” “Oh…Don't

Developing a Compensation Plan, Step 3: Select Data Sources

Compensation Today

This is a lesson from PayScale’s Modern Compensation Planning ecourse. Now that you’ve spent some time thinking about the different parts of your workforce and where you compete for talent in each segment, you can apply that strategy when seeking out your data sources.

Educating Your Employees About Their Compensation

HR Bartender

I’d like to think if an employee doesn’t understand their compensation, it can be resolved with education. There’s more to compensation than the amount of money in an employee’s paycheck. I once worked for a company that told employees, “We survey employee compensation every year.”

A Full Guide to Compensation and Benefits

Digital HR Tech

Compensation and benefits refer to the benefits a firm provides to its employees in exchange for their labor. Compensation and benefits are thus a key part of Human Resource Management. In this article, we will provide you with a full guide about compensation and benefits.

Where's the Fun in our Compensation Jobs?

Compensation Cafe

We really don't spend much time studying the emotions we feel as we practice compensation. Some people find compensation basics boring -- job analysis, job definition, job pricing using surveys and so on.

Compensation 101: A Beginner's Guide to Compensation Management

In a tight labor market it’s critical that you get compensation right. That’s why we created the ebook, Compensation 101: A Beginner's Guide to Compensation Management.

Compensation Dentistry (part 1)

Compensation Cafe

Compensation programs can often be the same. Most of us do our regular maintenance and keep our base pay in line with our philosophy and relevant data. It is the rare compensation professional who gets excited about these impending issues.

How Compensation Affects Employee Performance

HRsoft

Compensation is the reward given to employees in return for their services rendered and it is often the cornerstone of a productive workforce. The quality and performance of your company’s talent pool is usually directly dependent on how well you execute your compensation planning strategies.

Compensation Data to be Dropped from Future EEO-1 Reports

HR Counselor's Corner

The Equal Employment Opportunity Commission (EEOC) recently announced that, effective next year, employers will no longer be obligated to provide the compensation data that was added as “Component 2” of the form in 2016. By Laura Pokrzywa, HR Consultant, East Coast Risk Management.

11 Reasons Your Equity Compensation Survey Data is Wrong

Compensation Cafe

And, with equity compensation the final answer is even squishier than other types of compensation. Data seems to be all over the place. Equity compensation really is that messy. That’s right, it’s at least eleven times as fun as basic variable compensation.

How to Build Pay Grades and Set Salary Ranges

Speaker: Jennifer Ferris CCP & Paige Hanley CCP

Join PayScale’s compensation experts as they show you how to build ranges from a market-centered midpoint, and how to use market data to update or create market-based pay ranges.

Why Clean Data is the Best Data

Cornerstone On Demand

In today's HR landscape, data is having a moment. HR data is essentially HR business intelligence. All of the cool technology in the world cannot override bad data, which is why the accuracy of HR data is a highly strategic function. Technology as a Data Keeper.

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Rewarding Ambition: Determining Compensation Within Your OKR Process

15Five

One of the most common questions we get asked as leadership team coaches is how Objectives and Key Results (OKRs) should be used to determine salary, compensation, or bonuses. You’ve likely already heard that OKRs should not be tightly coupled with employees evaluation and compensation.

Consider, Connect, Craft: 3 ways to improve compensation communication

Bersin with Deloitte

By leading the compensation conversation, you can help foster engagement and forge stronger relationships with your people. The days of squelching conversation about compensation are over. What can your organization do to better communicate about compensation?

Linking Compensation and Performance Management

HRsoft

The overarching goal of the compensation strategy is to make sure an organization has the right amount of money necessary to motivate the types of performance needed to achieve the business strategy. To that end, compensation should tie into the overall performance management strategy.

People, HR & Analytics

Speaker: Rodney B. Bolton SPHR, CEO, HR BIZZ

HR analytics empower organizations to use employee data to make better working decisions and improve performance in areas such as attracting top talent, accurately forecasting future staffing needs, and improving employee satisfaction.

How to Use Data to Build an Effective Compensation Strategy

Namely

Talent Recruiting HR DataIn today’s competitive talent market , talent acquisition professionals and hiring managers face an increasingly daunting task when deciding what to offer to job candidates.

Improve Your Company Culture Using Data

Visier

In an interview with ic4p , Genentech, a global biotechnology organization, shared how they used attrition data paired with people analytics to understand which employees were at risk at their organization. By using attrition data, they found that commute time doubled within the last 15 years.

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Washington policy update: March 2020 Benefits and Compensation Bulletin

Bersin with Deloitte

These types of plans are designed to ignore statutory limits on compensation and amount of benefits but at the same time do not include the same statutory protections offered for qualified private sector employer sponsored plans. Compensation and Rewards Washington Bulletin

PayScale Donates Vital Compensation Data, Empowering Employers to Make Critical Pay Decisions During Current Economic Crisis

OmegaHR Solutions

the leader in on-demand cloud compensation data and software, today announced the. Read more PayScale Donates Vital Compensation Data, Empowering Employers to Make Critical Pay Decisions During Current Economic Crisis. Compensation Pandemic payrollI thought this was critical information to help employers.

Wow. That Data is Terrible!

Compensation Cafe

Almost every compensation professional I know can guess the base pay of mid-level accountant or software engineer with near-perfect accuracy. Given regional variations and other factors, most guesses are within 5% of current market data. In the best cases, the data is noisy or opaque.

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Sales Compensation During Turbulent Times

SuccessFactors

Sales compensation may not be top of mind during these turbulent times, but it does affect a number of people in the front lines of business, including your sales organization. Sales compensation levers can enable established sales organizations to support and retain sales talent.

Sales Compensation During Turbulent Times

SuccessFactors

Sales compensation may not be top of mind during these turbulent times, but it does affect a number of people in the front lines of business, including your sales organization. Sales compensation levers can enable established sales organizations to support and retain sales talent.

Compensation Planning Automation

HRsoft

Compensation planning plays a pivotal role in ensuring that your employees remain motivated to work for your company. Your best performers are always looking for the next best company where their talents can be better recognized and compensated for. Traditional Compensation Planning.

HR Moments Matter: 3 Compensation Challenges Solved With People Analytics

Visier

In this series, Allison McConville, Visier’s VP of Human Resources , will share how you can use data to support the people moments that matter, enabling the best decisions for both your employees and your organization. In this post, Allison talks about Compensation.

Washington policy update: November 2019 Benefits and Compensation Bulletin

Bersin with Deloitte

This post provides a quick roundup of recent legislative and regulatory developments relating to employee benefits and compensation. The post Washington policy update: November 2019 Benefits and Compensation Bulletin appeared first on Capital H Blog.

HR Moments Matter: 3 Compensation Challenges Solved With People Analytics

Visier

In this post, Allison McConville, Visier’s VP of Human Resources , will shares how you can use data to support the people moments that matter, enabling the best compensation decisions for both your employees and your organization. . Managing Compensation Costs.

Communicating a Compensation Plan to Your Employees

HRsoft

If you’ve developed a compensation plan that’s both competitive and equitable for your organization, your next step is to communicate the details of the plan to your employees. So, part of your compensation strategy should be to communicate the employee on their total compensation package.

Delving Into Data

HRO Today

Three organizations share how they use people data and analytics to amplify business strategy. People analytics” has been a hot catchphrase in the business world for years, with data promising to revolutionize recruiting, talent management, and myriad other HR processes.

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Compensation Cafe: Chasing Best Practices

RecognizeThis!

These data are especially useful when aligned with the strategic direction a company has set, ensuring that time and resource investments are directed to where there is the most value. Bonus & Incentives Best Practices compensation performanceBy Derek Irvine. Recognize This!

Finding Meaning in Data

HRO Today

A people analytics strategy that draws data from all segments of the business is key to effective workforce planning and management. For such a data-rich function, HR can seem behind the curve when it comes to making the most of the numbers it records about the workforce. Compensation.

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