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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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The Role Compensation Plays in Values, Culture & Engagement Strategies

Decusoft

Getting compensation right can be tricky – that’s why businesses perform due diligence and conduct benchmarking surveys. Compensation was always important, but it’s even more critical in the aftermath of the pandemic. Compensation Specialization. Compensation is so complex, it’s become a specialty within HR.

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Top 15 Compensation Management Tools in 2021

Vantage Circle

Companies consider several factors when deciding on a compensation planning tool. In layman’s terms, compensation management software allows an organization to plan and administer employee compensation packages in an organized manner. Payscale Marketpay. CURO Compensation. Compensation Plan Modeling.

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3 Things You Need to Know about the New FLSA Overtime Rules

Compensation Today

Kate Jesse, Payroll Administrator, PayScale and Mykkah Herner, MA, CCP, Modern Compensation Evangelist, PayScale The US Dept. Use this as an opportunity to have productive conversations about both compensation and your employees’ goals and interests in the organization. *

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2020 Workforce Trends- What You Need to Know!

Affinity HR Group

A 2019 Payscale survey reported that 73% of respondents used some type of bonus or variable pay program. Compensation. Salary Compression – Successful compensation programs are both externally competitive and internally equitable. An increasing number of organizations use bonus programs as a retention tool.

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How to Learn HR for Free: A Practical Guide

UpstartHR

Specifically he was trying to learn compensation when he didn’t have a background/foundation in the topic. Remember the example I started this article with of the young man looking to learn more about compensation? Payscale sells compensation data and tools to businesses. Compensation. Re cruiting.

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Mini Handbook for HRIS Integration 

Peoplebox

Peoplebox 2 Payroll Automate payroll processing ADP integrated with HRIS. Employee hours logged into HRIS -> HRIS sends time data to ADP -> ADP processes payroll -> Payroll data updated in HRIS. ADP, Paychex, Gusto 3 Time and Attendance Manage employee shifts and attendance Clockify integrated with HRIS.