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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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What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Administers employee benefits and compensation that enhance employees’ satisfaction and financial security.

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Simple payroll best practices for small (but growing) teams

Rise

It’s important for small businesses to follow common payroll best practices in order to save time and money. We’ve compiled a list of ways that growing teams can optimize their payroll processes. . Managing payroll for a small team has its challenges. Write down and track important payroll dates for the fiscal year.

Payroll 81
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Payroll pain points, and how you can solve them

Benetech

Many HR pros who are in charge of payroll report they haven’t taken a proper vacation in more than five years. Because they fear payroll won’t get processed correctly while they’re away. The fact is, payroll processing has long been a challenge for HR. Common payroll pain points. Manual processing.

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Nuances of Nonprofit Compensation: 2017 Compensation Best Practices

Compensation Today

In a prior life, I did compensation and HR for a nonprofit. As a grantmaking foundation, if we didn’t have cash, not only could we not pay our operating and payroll expenses, we couldn’t do our core work. That said, for their competitive roles, nonprofits are willing to compensate more (42 percent of nonprofits vs. 51 percent of all).

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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.

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A Guide to Payscale Philosophy and Strategy With People Operations

Zenefits

As the workforce moves towards more freelance, contract, and part-time engagements, companies need to make sure they are compensating their employees in a way that meets today’s work style. Creating a compensation philosophy that aligns with your company strategy is one way to strengthen hiring and retention.