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What Is Human Resources?

Analytics in HR

Managing Human Resources involves overseeing all aspects of HR, such as hiring, training, compensating, engaging, promoting, and retaining employees. For example, your HR would look into hiring people who are a good culture fit for the organization so they stay longer and be more productive. The average income also depends on location.

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The New Normal for Employee Raises: What to Expect in 2024

HR Digest

In 2023, the labor market was a wild rollercoaster ride for both employers and employees. According to a salary budget survey conducted by Payscale, more than three-fourths of U.S. Ah, the eternal tug-of-war between employers and employees. It’s a win-win situation – happier employees and a more productive workforce.

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Benefits Coordinator Job Description: Salary and Job Responsibilities (with Examples)

Analytics in HR

According to a Qualtrics report, employees who are satisfied with their salaries and benefits are 13% more likely to continue working for their current employer for 3+ years. They maintain communication with insurance providers, monitor payroll deductions, and revise benefit packages according to employee needs.

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What COVID means to compensation

HRExecutive

Ruth Thomas, principal and senior consultant at Curo Compensation, says that to help meet the challenges of pay equity and fairness—especially in these stressful times—her company is now offering a product called Cohort Analysis. Sudarshan Sampath.

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M&A Friday! This Week’s HR Deals

Advos

Our weekly recap of funding, mergers & acquisition, and partnership news from the human resource, recruitment and employee benefits marketplace is below. Mercer and PayScale Announce ‘Cloud and Crowd’ Strategic Alliance for Next Generation Compensation Data and Software Solutions; Mercer Makes Equity Investment in PayScale.

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The Role Compensation Plays in Values, Culture & Engagement Strategies

Decusoft

Some employees have no idea if they’re paid appropriately, and some are convinced they’re underpaid. A PayScale survey found that 51% of employees believe they aren’t paid fairly even if they’re at or above industry benchmarks. And workers are confused. That means compensation is a critical but multi-faceted business strategy.

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5 Tips for Recruiting More Women in Leadership Roles

Ongig

Payscale recently reported that: “In 2020, women earn 81 cents for every dollar earned by men.” Empathy goes a long way in building morale, loyalty, and productivity. The State of the Gender Pay Gap 2020 (by Payscale). Taking care of an aging parent can be just as much of a challenge as raising a child.