Compensation In The Real World

Compensation Cafe

I once supervised a Compensation Analyst who had spent much time attending professional seminars and workshops. One result of that education was that when faced with a challenge at work she would repeat her class experience by saying, “the greatest minds in Compensation say that. “.

HR Data Won’t Make You Less Human

TalentCulture

Everywhere we look, there’s a new article, webinar, conference or seminar imploring us to get with the program, that program being big HR data and the use of analytics in managing HR and the workforce. And the HR data comes from people. While noted data scientist W.

Data 112

All Decisions Are B.A.D. Decisions

Compensation Cafe

decisions, relying on the Best Available Data known at the time. Even compensation experts, supposedly the most analytical of HR types, have difficulties with data. decisions, made according to the “best available data” when action was required. .

Financial Wellness is Officially a Thing

China Gorman

What if Sue and her husband had attended financial planning seminars that had delved into how to be prepared for unexpected medical costs? It used to be that only the C-Suite got financial planning support as part of their compensation.

HR Data Won’t Make You Less Human

SAP Innovation

Everywhere we look, there’s a new article, webinar, conference, or seminar imploring us to get with the program, that program being big HR data and the use of analytics in managing HR and the workforce. And the HR data comes from people. While noted data scientist W.

Why Pay Surveys Rarely Agree

Compensation Cafe

That is probably the most significant reason for surveys to vary, because collecting/analyzing really good data very well/carefully, consistently, continually, etc., Most compensation surveys vary in rather consistent ways.

Despite What the Pope Says, Proportional Pay is Still Not Required in the U.S.

TLNT: The Business of HR

Note that before Canada finalized its Bill of Rights, they sent analysts to attend American compensation seminars on pay equity. Transitioning to new industry codes will also be troublesome but inevitably essential, since pay data tends to be highly specific to industry.

Financial Wellness Is More Than “Nice to Have” in Today’s Environment

TLNT: The Business of HR

What if Sue and her husband had attended financial planning seminars that had delved into how to be prepared for unexpected medical costs? It used to be that only the C-Suite got financial planning support as part of their compensation.

Will You Take Seasoning With That?

Compensation Cafe

What can make matters worse is the presumption from some in the newbie and wannabe crowd that, with just a seminar or classroom exercise behind them they're ready to advise senior management on competitive compensation realities and coming trends. Did you/should you age the data?

One Day At A Time

Compensation Cafe

How many of you have ever attended a compensation conference or seminar where the speaker inspired you? Or perhaps the perception was that the seminar was a boondoggle get-away and the boss doesn't take the subject matter seriously. Can I have a show of hands?

Missing Participants Errors Now Top DOL, IRS Audit Focus, Nudging Out Late Payroll Deposits, Winston & Strawn Says

HR Daily Advisor

The firm assembled IRS and DOL data requests appearing in recent years’ audit letters, and catalogued each by topic and frequency of occurrence. IRS) Definition of compensation. Benefits Compensation Administration DOL internal controls IRS Rest

What Your Employees Really Want [RESEARCH]

Reflektive

New data reveals a significant gap between what employees expect and what companies deliver when it comes to performance management and growth. 40 percent of employees say they want leadership and professional development programs, such as coaching, seminars and workshops.

Cafe Classic: Balancing Comp 101 with the Workplace

Compensation Cafe

Editor's Note: There's technical compensation know-how and there's the real world in which we need to make pay work. I once supervised a Compensation Analyst who had learned her craft through professional seminars and workshops.

5 Ways To Attack The Pay Inequity Issue Head-On

SuccessFactors

The Current Population Survey (CPS) is the United States’ main source of labor force statistics, including the data on 50,000 households compiled by the U.S. Review the variance in compensation between males versus females. If these qualifications are in line, then you can conclude that females are compensated equitably.”. It is also key to know that fair pay is based on total compensation, not just base salary, and there are many ways to compose a salary package.

One Day at A Time

Compensation Cafe

How many of you have ever attended a compensation conference or seminar where the speaker inspired you? Or perhaps the perception was that the seminar was a boondoggle get-away and the boss doesn't take the subject matter seriously. Can I have a show of hands?

Can Employees Volunteer to Work for Free?

UpstartHR

” However, the Supreme Court has made it clear that the FLSA was not intended “to stamp all persons as employees who without any express or implied compensation agreement might work for their own advantage on the premises of another.” During the seminar, the speaker reminded us that having interview notes and other data available could help in the event of an investigation.

Cafe Classic: Numbers That Lie

Compensation Cafe

Reliance on data 1 does increase the certainty people feel when making their mistakes. Numbers are therefore fondly embraced by most compensation people, because numeric data seem to confirm the accuracy of measurements.

13 HR Conferences to check out in Q1 2020

Spoke

Sample workshops/sessions: Driving Value and Gaining Insights with Compensation Analytics Using AI Responsibly to Drive Business Outcomes Trends in Talent Assessment and People Analytics in Modernizing Employee Selection Building a Modern Strategic Workforce Planning Team.

How to Comply with the New Overtime Rules in 2020

Mitrefinch

Lastly, highly compensated employees (HCEs) are also generally exempt from overtime pay. As with any federally regulated, overarching change in employee compensation, there will certainly be challenges for compliance faced by businesses around the country.

What Is Performance Appraisal? – Examples

EmployeeConnect

The plan might include cross-training, skills development, earning industry certifications, developing networks of associates, attending seminars or receiving coaching from a mentor, manager or skilled co-worker. Technology offers big benefits in two primary areas of the performance appraisal process: Automation Performance appraisal automation tools reduce the time that managers must spend gathering data for performance reviews.

Developing and Retaining High Potential Talent

Everwise

No matter what combination of metrics and subjective data are used to identify high potential employees, there should be transparency about criteria and absolute consistency. A mere 15% of organizations believe they have enough qualified successors for key positions.

Five Ways to Attack the Pay Inequity Issue Head-On

TalentCulture

The Current Population Survey (CPS) is the United States’ main source of labor force statistics, including the data on 50,000 households compiled by the U.S. Review the variance in compensation between males versus females. Kudos to those hosting and attending seminars like these.

Pope Protests, but Proportional Pay is Not Required for U.S. Pay Equity

Compensation Cafe

Note that before Canada finalized its Bill of Rights, they sent analysts to attend American compensation seminars on pay equity. Transitioning to new industry codes will also be troublesome but inevitably essential, since pay data tends to be highly specific to industry.

Bridging the Skills Gap

MapHR

While it certainly gives HR professionals a reason to pause, SHRM can back up the claim with data. Data analysis, science, engineering, medical and finance are other areas in short supply. It was reported this week the “skills gap is real and getting worse.”

Quarterly Products and Services Updates from PrismHR – Q3 2018

Prism HR

The PrismHR releases include workers compensation report , G/L accounting features , and G/L template and chart of account maintenance. PrismHR Onboarding includes export dashboard data and New York wage PDF mapping. PrismHR attended key NAPEO events in Q3: CFO Seminar.

15 Revolutionary Ways To Educate Employees On Benefits

PlanSource

Data via accessperks.com. Whether you want to announce your annual open enrollment dates or increase participation for an educational benefits seminar, have posters and other print materials ready to go to increase awareness and buzz for your events! Share Total Compensation Statements.

Video 52

What is Talent Management in HR?

Workable

HR, which organizes trainings, compiles data around turnover rates, and analyzes skill gaps. Look beyond typical compensation plans and performance bonuses. Calculate your turnover rates and gather quantitative data, as well. Others, still, prefer in-person seminars or classes.

20 Takeaways From Google Innovation Culture That’ll Blow Your Minds!

SurveySparrow

Dogged reliance on data. If you had to make a decision and it depended either on opinions or specific data, would you rather choose data to make the decision or random opinions? Data usually beats opinions.

Data 77

The Cost of Living Varies by Income Level

Compensation Cafe

Basing a relocation stipend on bad data can create quite a mess. and Canada, he’s pretty much been there done that (a rticles, books, speeches, seminars, radio/TV, advisory posts, in-trial expert witness stuff, etc.),

Multimedia Communications a Must-Have to Remain Relevant with Today’s Workforce

GuideSpark

Recent GuideSpark research found that HR teams are mostly using traditional communication tools, like email (75%), printed materials (63%), and live seminars (46%). TechCrunch reported in January that according to GlobalWebIndex data, 80% of US adults have a smartphone.

Video 61

Talent Acquisition vs. Talent Management vs. HR: A primer

Workable

Total Rewards/Compensation and Benefits. HR compiles key data that helps inform Talent Management (e.g. Talent Management is not based on one-time seminars or annual performance reviews.

Conference Twitter Primer #SHRM18

HRmarketer

BerkshireHR : (BETH RONNENBURG) Berkshire provides solutions for applicant management, compensation management, affirmative action, workforce planning, diversity, and professional training. From recruiting, to coaching to compensation plans…we can help!

Hiring process FAQ: A guide to structured recruitment

Workable

If you don’t have enough of your own data yet, use your industry’s benchmarks to determine whether you receive enough candidates: Recruitment benchmark data on qualified candidates per hire via Workable. Applicant Tracking Systems (ATS) keep all data and hiring steps in one place.

HR TechStack – Learning Management System

WhoKnows

Note: The list is not in any particular order, and the list is constantly updated, bookmark this page for your future reference & fresh data. PeopleFluent LMS can also track data for jobs, training activity, employee progress, resource utilization, skills, compliance, cost and more.

#BersinIMPACT: Agile HR ~ HR to HR 2.0 and Human Capital (HCM)

Strategic HCM

As well as career development , performance management , recruiting and learning , the two key themes of the conference were probably big data, and agility. The old fashioned processes for training, performance management, succession, and compensation are just not keeping up.

Talent and Performance Management Survey Summary

HR Daily Advisor

The least common response given by participants (26.5%) was “attractive compensation incentives or perks.”. Industry seminars. Information (media, data, telecommunication).