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Tech is changing the game for compensation managers

HR Brew

Employers have more access to compensation data than ever before, thanks in part to laws that have prompted companies to start sharing more information about pay, as well as a push by workers to receive more information about how they’re paid. We used to get binders,” he said.

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What Is Human Resources?

Analytics in HR

Let’s go over the 12 key HR functions : Human Resources planning – The systematic and data-driven practice of optimizing the company’s workforce. Data-driven HR – Google uses people analytics extensively in its HR practices to make informed decisions.

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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 72
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HR Business Partner: All You Need To Know About the Role

Analytics in HR

The changing role of HRBP reflects the shift towards strategic HR management, data-driven decision-making, employee experience, talent management, and effective collaboration. Before they talk to the manager, they look at the data from turnover to learning and development rates to see where the manager needs help.

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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. Data analysis.

Payroll 47
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Can Tracking Employee Ethnicity Data Close the Ethnic Pay Pap?

Immedis

Looking at US data, we see that although when we look at the roles individuals play, the mix is relatively even, yet when you look at management levels, the picture changes significantly. Source: PayScale. of Fortune 500 companies release race and gender data. And here, the picture is quite mixed. among executives and 2.9%

Data 59
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A Guide to Payscale Philosophy and Strategy With People Operations

Zenefits

With each gap, compare data from compensation benchmarking tools to determine how much you’ll have to spend to attract needed talent. From here you can make more detailed decisions like how many people you can put on payroll, what type of incentive strategies there are, and salary ranges for positions you want to fill.