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Unlocking compensation benchmarking: Getting started for success

Insperity

The answer: Compensation benchmarking. What is compensation benchmarking? Compensation benchmarking is the process by which compensation professionals on your human resources (HR) team analyze salary data in the marketplace for each specific job at your company. The compensation benchmarking process 1.

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Contract Worker Rights: New Jersey & Illinois Break the Mold

Trusaic

Employers and staffing agencies cannot retaliate against a worker for exercising their rights under the law. Contract worker rights in Illinois New Jersey is not alone in its push for fair compensation and equal treatment of temporary workers. New Jersey data echoes that research. What’s next for contract worker rights?

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Key Human Resources (HR) Pillars: Your 101 Guide

Analytics in HR

A department : The HR department manages all HR activities, including recruitment, onboarding, compensation, development, performance management, and employee relations. Surveys can be administered at various intervals, such as annually, and HR should analyze the results/data for any patterns that need addressing.

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15 Job Titles for Human Resources: A Comprehensive HR Job List

Analytics in HR

HR Specialist Job description An HR Specialist is someone who performs specific HR functions like recruitment, training and development, compensation and benefits, or employee relations. A successful HR Specialist should be detail-oriented, data-driven, and ethical.

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Compensation Planning: Where Complexity Meets Opportunity

Decusoft

Guest Blog from Steve Goldberg, HCM Industry Analyst, Advisor, Influencer The context Anyone leading a compensation team or function is keenly aware that ‘comp planning’ activities can take the most time, and surrounding complexities can be plentiful. And it’s not just organizational structures and reporting lines that might be fluid.

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13 HR Analytics Courses Online To Check Out in 2024

Analytics in HR

With a good command of HR analytics and a data-driven mindset, you’re better prepared to navigate today’s business challenges and ready to unlock insights for strategic decision-making, optimizing workforce planning, and enhancing employee engagement and productivity.

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Pre-IPO Equity Compensation: Refresh or Change Course?

Compensation Cafe

It’s getting harder to know exactly what to do about equity compensation at pre-IPO companies. All of this is challenging long-used models for equity compensation. The individual asking the question is a very experienced, and very good, compensation consultant who works for a major firm in the space.