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. Next I went into banking, and while "records" were not part of my responsibility, I relied on the data for my compensation analysis. Technology as a Data Keeper. Why is Accurate Data so Important?

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Cost of Living Pay Cuts for Twitter Employees Moving from Bay Area: Valid or BS?

The HR Capitalist

But as every HR pro knows, salaries offered via compensation plans get adjusted based on how much it costs to live in specific geographical areas. The salary reductions depend on where the employee relocates. Twitter employees who move and lose pay will get a $3,000 one-time allowance.

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How Buffer Approaches Salary Transparency (It's Kind of Cool)

The HR Capitalist

Also, attention anyone who is interested in current events, which finds some highly compensated workers moving out of high priced areas (SF, NYC, LA) to work remote. There are generally 5-6 geographical grades in a compensation plan. Compensation Current Affairs Employee Relations

Clickbait Reporting on HR Issues in Today's World.Sucks (The HR Famous Podcast)

The HR Capitalist

Case in point, this recent Bloomberg article about employees at Blizzard entertainment not making enough to eat. They didn't share how many employees they talked to for the article. I've seen articles describing big problems at a company with as little as 6 employees cited.

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Five Steps to Simplify Your Compensation Program

Astron Solutions

As compensation professionals we are often asked if there are alternatives to simplify the method by which compensation decisions are made and communicated within an organization. The following are five basic ways to simplify the complexities of compensation. Employees are placed into the classification and level based upon their competency levels and ability to perform the complexity required.

Astron’s Yearly Compensation Review Part I: Base Pay Projections

Astron Solutions

Effective organizations will explore four key areas to better understand the “best” approach when it comes to 2019 base pay compensation budgeting: The 2019 Economic Forecast and Its Impact on Employment and Wages. Salary Budget Survey Data. Let’s take a look at each of these four data sources and their impact on your organization. Compensation costs for private industry workers increased 2.9% Compensation costs increased 2.4% Compensation costs increased 2.2%

How To Know If Your Defined-Benefit Pension Plan Is In Trouble.

The HR Capitalist

workers and offering pension buyouts to 100,000 former employees, as the conglomerate joins the ranks of U.S. which compiles data on the 100 U.S. Benefits Compensation Employee RelationsI'm not an expert on pension plan funding. But if you're relying on a pension in retirement, you might want to take a look at what % of obligations are funded currently in your pension plan. Why would I say that?

4 Things You Can Say When An Employee Prints Out Salary Data From the Interwebs.

The HR Capitalist

I'm on the record as saying you ought to get engaged with Glassdoor and figure out how to be more of a marketer with sites that include employee reviews. Example - take a look at this charge on employee salaries for IBM consultants - and let's talk after the graphic (email subscribers click through for picture below). IBM's going to be one of the better patches of salary data, and there you go - the range for a IBM consultant is 45K to 170K.

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Compensation Management is Important in Every Company

NGA Human Resources

Compensation management is vital for employee motivation. Everyone should be recognized for the value they bring to organizational success; not just those in companies with 1,000s of employees, and millions of dollars a year in salaries. For many reasons, effective and fair compensation management is a must for every business. Employees who are recognized for the value they bring are more likely to be motivated, loyal and higher performing than those who’re not.

What to do when the data says you’re wrong

HR Examiner

“As we continue into the era of data analytics, big data, AI, and personal tracking devices every HR professional should be prepared to face data that contradicts their beliefs sooner or later. As a researcher I often run into data that tells me that I was simply wrong in my original opinions. And that’s ok, my opinion is just that – a perception I’ve built based on the data that I had available at the time. Make sure your data is clean.

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The One Thing Employees Love About the Performance Review Process

HR Bartender

My guess is that the one thing employees like about the performance review process – besides really good constructive feedback – is the pay conversation. Employees know that once a year, they get to talk about pay. Even when employees know they deserve more money, it’s a hard conversation to have. Finally, our corporate offices issued new compensation pay ranges and we were given the task of making sure that every employee was paid appropriately within their pay range.

HR-tech providers are stepping up with free access to data, apps

HRExecutive

Despite “social distancing” and empty grocery shelves, employees are trying to preserve their daily routines under extraordinary circumstances. Christensen says smaller employers are struggling with three key challenges: employee safety, employee pay and the future of their business. “We But based on recent data, that number will pale compared to 2020. HR Acuity provides the only technology specifically built for employee-relations management.

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4 Simple Things for HR Pros To Remember as Overtime Laws Change.

The HR Capitalist

Given the basic economics of the workplace, the new rule—which raises the salary threshold under which an employee is entitled to overtime —is just as likely to create less work for individual employees as it is to increase the amount of overtime American employees collectively earn. 1 is an increase in the minimum weekly salary to the 40th percentile of weekly earnings for full-time salaried workers, based on the Bureau of Labor Statistics (BLS) data.

Alleged Pay Discrimination at Google Makes Marc Benioff and Salesforce Look Amazing.

The HR Capitalist

Here's a rundown from the post : "In a panel at a conference organized by Fortune last week, Marc Benioff, the CEO of the cloud-based software company Salesforce, said that he recently ordered a review of all 17,000employees’ salaries to see if female employees’ pay was in line with those of male employees doing similar jobs. Department of Labor (DOL), available data suggests that women who work at Google suffer from "systemic compensation disparities" compared to their male peers.

Firing Employees Who Are Unproductive

UpstartHR

Awhile back I received an email from a reader about how to let an employee go who is not performing adequately. The Time Thief A few years ago a manager called me to see if I could look into an employee’s time card. The employee was consistently putting forty hours of work on his timesheet, but he was arriving late, leaving early, and taking long lunches on a regular basis. The employee came in and I told him what I had found and asked if he had any questions.

This Is What Companies Do When They Are Getting Kicked by Entry-Level Turnover.

The HR Capitalist

Bertolini told employees at a meeting Monday the company is raising its minimum wage to $16 per hour in April. It will be a pay boost for about 5,700 employees, of which 26 are in Connecticut. Most of the employees who will benefit are in Texas, Arizona, California and elsewhere. The vast majority of Aetna''s 6,121 employees in Connecticut earn more than $16 per hour already. I hope it benefits our employees, and we will learn how it helps our overall business.

Diversity, Equity, and Inclusion: Where Do We Start?

Astron Solutions

Everything – the entire employee life cycle, from recruitment & hiring practices, to organizational culture, to employee exit. Employ a diverse set of interviewers – Not only will using a diverse set of interviewers allow for different perspectives, candidates are more open to joining organizations when they see employees that resemble them. For instance, in 2013 the Pew Research Center analyzed the US Bureau of Labor Statistics data.

Engaging The Individual

New to HR

The need for a personalized way of dealing with employees will only increase and it is time to re-evaluate your reward system so you are ' not made fun of ' by the new talent flooding the marketplace. Technology is changing far more than how we utilize data. Aside from managerial encouragement, you must also balance the fact that management may not have the time necessary to research every employee's encouragement level on a personal leve l.

Your Weekly Dose of HR Tech: Kashable – Low Cost Loans for Employees (@GetKashable)

The Tim Sackett Project

Today on The Weekly Dose I take a look at the HR Tech, voluntary employee benefit and financing solution for your employees called Kashable. Kashable is basically a simple way for your employees to borrow money, where you as a company are not involved, but can still ensure they get the assistance they need! Loaning out money to employees, through your company, always becomes a nightmare. Having this option for employees is important! .

HR Functions and Outsourcing

Astron Solutions

Some employers have found benefits in having a third party provide employee support for routine questions on areas such as benefits, payroll, and employee onboarding. It is thought that this particular shared service provides an organization’s employees with quick, reliable, and consistent responses. Compensation Administration. Do you have your HR team organize social activities and team building to boost employee morale?

Another View of HR ‘Big Data’

HR Schoolhouse

Last week I read this article explaining that “Big data knows when you’re going to quit your job before you do.” The article relates how VMware is using Workday to predict when and/if certain employees are in danger of leaving the organization. Businesses can input decades of historical staff data into Workday to inform and customize the system’s recommendations. This will only make employees less trusting of their employers.”. “A Big data.

Gender Pay Equality Lawsuits Prove Expensive for Companies

LaborSoft

In 2017, former Google employees filed a class action suit against the tech giant for gender bias, citing lesser pay and slow growth opportunities for women to get promoted from within. Compensation Discrimination Pay inequality isn’t limited to Hollywood or the Silicon Valley. Studies have found that the pay gap widens for diversity and disability employees despite the Department of Labor’s (DOL) rulings that make such practices unlawful.

The #1 Reason People Leave A Job Might Surprise You

SuccessFactors

Do you know the number-one reason employees leave a job? Multiple surveys have confirmed a manager can make or break an employee’s experience. A study by employee engagement firm TinyPulse identified various behaviors impact retention, such as micromanagement and a lack of opportunities for development. Compensation, culture, colleagues, and balance all play a role—but the crux is the person who holds the role of supervisor.

Workforce Analytics is Reinventing HR

Analytics Training

Over the years, organizations around the globe have spent billions of dollars on employee performance analysis, talent recruitment, leadership training, and development. To tackle these thorny issues, companies have started investing in sophisticated data analytics tools coupled with Artificial Intelligence (AI) to add to their HR department. I believe that the data will set you free. Once you know how to use your data, it is easier to achieve your goals.

17 High-Paying Jobs for Women

HR Digest

Also known as information technology managers, such professionals devise, coordinate, implement, and analyze computer-related projects. They are responsible for recruiting, interviewing, and hiring new employees.

Do You Know the Difference Between Cost of Labor and Cost of Living?

Compensation Today

I’m not sure how it happened, but understanding that there is a difference between cost of labor and cost of living seems to have become the sole purview of compensation professionals. Another way to phrase this is that the cost of labor is what a particular geographic market offers as the “going rate” or compensation for its jobs. Learn More About Our Compensation Software. Cost-of-living data is going to be very handy to me as an employee.

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When employees ask for a raise: 5 steps to a win-win outcome

Insperity

When an employee asks you for a pay raise, it’s easy to feel taken off guard. Let your compensation philosophy guide you. If employees are frequently approaching you and inquiring about raises, the most likely culprit is that you lack a solid compensation philosophy. A compensation philosophy defines what’s important at your company when it comes to managing pay. Listen to your employees’ pay concerns. Up-to-date competitive market data.

End of 2016, Beginning of 2017 – Astronology® Looks Back on an Exciting Year in HR

Astron Solutions

In recent years, we have been peppered with discussions over living wages, the “Fight for $15” campaign, and their impacts on Human Resources and compensation. This technology can take many forms, including automation, gamification in performance reviews, and data analysis. Astron is especially hopeful to seeing more advancements in the area of HR technology and data analysis as a part of organizations’ strategic decision making processes.

CEOs And Employees Want Change – So Why Isn’t It Happening?

SAP Innovation

One of the things I consistently notice when speaking to employees about culture change is the finger-pointing back at senior management. They’re saying: “ Our employees don’t want to change. There’s no doubt that changing an organization’s culture requires both management and employees to be in it together. Employees blame management for not wanting to change or exhibiting the wrong behaviors. Management blames employees for not changing (or not changing fast enough).

Does the Ratio of CEO to Employee Pay Really Matter?

TLNT: The Business of HR

The Securities and Exchange Commission recently voted to require employers to disclose the pay gap between the CEO and his or her employees. CEO pay in 2014 was an eye-popping 373 times that of an average worker, according to data compiled by the AFL-CIO, and a sharp rise from 331 times in 2013. Is the CEO-employee pay ratio a reliable measurement? This is not good press or a source of positive employee relations. By Howard Mavity.

People Quality Makes For Picture Perfect Business

TalentCulture

If the data is right (the math is correct) and the color code followed accordingly (regardless if colored a bit outside the lines), then these two things coming together tell a vibrant story in and of itself. While there is obviously still value in having recruiters and hiring managers who possess good people instincts, it has become even more essential that they have reliable data on which to base their sourcing, screening and hiring decisions. Gather real-time, actionable data.

When Remote Employees File a Worker’s Comp Claim

LaborSoft

One of the most contentious issues for remote employees and HR is the matter of worker's comp for in-home injuries. How Are Worker’s Compensation Claims Shifting Due To Telecommuting? First, we’ll reiterate the fact that we are indeed talking about work-related jobs at home.

5 Steps To Stellar Year-End Reviews

SAP Innovation

Just 7% of employees understand their goals and what they need to do to achieve them. Then there is the self-realization that it’s more fulfilling to aspire to something larger and that your performance and compensation are fundamentally intertwined. Your corporate performance system is for goal data entry — enter once, forget promptly. 83% of employees say recognition is more rewarding than cash!

HRMS: An Enhanced Way to Manage your Human Resources

Keka HR Blog

As the number of employees in the company keep increasing, the challenge of managing this large workforce becomes difficult and frustrating. Sensitive workforce records lie scattered across various folders and documents, making integration and data management more of a manual operation.

BLR’s 2017–2018 Pay Budget and Variable Pay Survey

HR Daily Advisor

How much of an increase in pay are your employees receiving in 2017? last year and 16% the year before) of employers awarding merit increases of up to 2.5% (averaged across all employee types). A closer look at the data shows that 15% of employers awarded merit increases of up to 2.5% awarded as much to employees at the management level, 19.7% awarded it to non-management salaried exempt employees, 20.6% awarded the same to hourly office employees, and 18.8%

Exit interview questions

Workable

Use these sample exit interview questions to identify areas of improvement at your company and end things on a positive note when an employee quits. Taking the time to talk to a departing employee can be beneficial for your company. Conduct exit interviews to: Find out how employees perceive company culture and whether they feel valued and respected by peers and managers. Discover ways to improve performance appraisals and employee relations.

The Fallacy of the Merit Increase: A Chat with Korn Ferry Hay Group’s Tom McMullen

WorkHuman

This is primarily due to relatively low inflation and a continued cautious economic outlook by many U.S. Senior leaders in some organizations are convinced they are not getting much value from the 3% being spread across its vast majority of employees. Organizations are rethinking whether well-paid employees (relative to the market) should be slowed down in terms of their pay increases and the lower paid employees’ pay increase timing being sped up.

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Taking the Guesswork out of Employee Pay - Part 1

Paycor

Feel more comfortable with how you determine employee pay at your company by learning how to align market pricing with your business strategy, understanding survey data and market pricing steps. Joanna Hall, CCP, SHRM-SCP - Joanna is an HR Business Partner at Compass Workforce Solutions, LLC, with over 15 years of experience in the Human Resources field in a variety of areas such as compensation, talent acquisition, workforce planning, HR compliance, and employee relations.

What cities pay HR professionals the most?

Select Software Reviews

With that in mind, we thought it’d be interesting to take a look at salary data for HR professionals across the US to see what cities pay the most, and the least. With data from the Bureau of Labor Statistics, we mapped the average annual salaries for five different HR jobs across 50 cities to help you figure out where your HR job is most lucrative. They work strategically with executives to ensure an organization’s compensation planning is aligned with business objectives.

Q&A with HR Tech Influencer: Brian Kropp

HRExecutive

We have had the opportunity to look inside the homes of our employees and to better understand the unique challenges and situations that they face. Based on these experiences, HR has learned that they need to offer a different type of “deal” to their employees.