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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.”

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Compensation Review: Your 11-Step Guide to a Fair and Effective Evaluation

AIHR

A compensation review process is necessary to assess how fair and competitive your compensation and benefits offerings are and to ensure you attract and retain top talent. This article discusses how to ensure a fair and effective compensation review process and how to tactfully communicate salary changes to employees.

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List of Top Pay Equity Software in 2024

HR Lineup

Pay equity software helps organizations identify and address pay gaps by providing analytical insights into compensation trends, disparities, and biases. The main goal of pay equity software is to ensure that employees are compensated fairly and consistently based on their role, experience, and qualifications, without bias or discrimination.

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Top M&A News in the HR, Recruiting and Benefits Space | 2016

Advos

Salary.com Founding Team Acquires Compensation Portfolio From IBM. PayScale acquires Denver salary data company. CBIZ Acquires Leading Carolinas-Based Payroll Provider Flex-Pay Business Services. SterlingBackcheck Completes Merger with TalentWise. Kronos Acquires Empower Software Solutions. Gallagher & Co.

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Talent Acquisition

AIHR

The work of the HR department includes hiring, onboarding , payroll and benefits, training and development of employees, offboarding , and more. Your employer brand is much more than the compensation and benefits you offer to employees. In general, strategic talent acquisition is part of a broader talent management strategy.

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Compensation and Benefits

AIHR

What is compensation and benefits? Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. Overall compensation is the top factor that job seekers consider when accepting a new job. What is the difference between compensation and benefits?

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Get Me a Compensation Strategy, STAT!

Compensation Today

One intentional decision that too many companies aren’t making: establishing their compensation strategy. PayScale’s 2017 Compensation Best Practices Report (CBPR) found that just 37 percent of all organizations have a comp strategy. What is a compensation strategy? Click To Tweet.