article thumbnail

3 compensation issues topping HR’s priority list

HRExecutive

HR leaders are increasingly facing sleepless nights over rapid changes in the world of compensation—as pay transparency laws sweep the country, illuminating pay equity issues and their own need to develop data-crunching skills and savvy. And that means a deep dive into their data.

article thumbnail

Is Data Security A Priority for Your Workplace Equity Provider?

Trusaic

Cyberattacks continue to rise, increasing the need for robust data security. Such is the concern that the White House announced the launch of a National Cybersecurity Strategy in March 2023. If you are partnering with a workplace equity software provider, you must be confident that your data is secure.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tech is changing the game for compensation managers

HR Brew

Gone are the days of sifting through Excel cells or binders to audit employee compensation on a once-a-year basis. The proliferation of pay data makes HR’s role more complex, but technology has also evolved to meet the needs of today’s compensation managers. We used to get binders,” he said. “We Now, everything is electronic.”

article thumbnail

How HR tech’s people data boosts business performance

Bob

Today’s best HR strategy leans on people tech to take the focus off the paperwork and put the emphasis on improving culture, employee engagement and retention, and the business’s bottom line. Next, we’re going to get into the HR metrics that matter most , the data they’re collecting, and how that helps the business excel.

article thumbnail

Small Business Guide to Comp Benchmarking

Download this eBook and learn: How to choose a compensation strategy. What comp data sources to use. How to turn market data into guidelines for pay. Understanding the market, then determining guidelines for pay isn’t just a nice to have for today’s talent, it’s a must have.

article thumbnail

Effective HR Staffing Strategies

PCS

An HR staffing strategy can be viewed as a road map that business organizations can use to deal with urgent concerns via employee-focused solutions. HR professionals can look at the following staffing strategies that they can possibly implement. The post Effective HR Staffing Strategies appeared first on PCS PRO Staff.

article thumbnail

Compensation Analysis: The Definitive 2022 Guide

Decusoft

Conducting compensation analysis is a lengthy, necessary project. This work is an important part of the staffing strategy and helps executive management determine whether the pay and benefits they offer are comparable with other similar businesses. . What Is a Compensation Analysis?

article thumbnail

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. How to create a solid comp strategy. Where to select market data sources. Download this ebook and learn: The five critical elements of a comp plan.

article thumbnail

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. Create a strategy for dealing with “hot” jobs that fall outside of internal ranges. So how can you set your pay ranges just right?

article thumbnail

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. Establish effective training and career development paths for all employees.