In the last week, a couple of research reviews have crossed my desk, both summarizing decades of research, surveys and analysis in the complex and many-layered topics of employee recognition, engagement and retention. Key findings of the report include (quoting): Employees who receive recognition are more likely to be engaged at work. Compensation Philosophy Recognition MORE

by Peyton Liu Compensation Management is the lifeblood to most of the enterprises. Every business wants to dominate Compensation management, which is simply because a good compensation management model is able to inspire employees, boost morale, motivate your talent, and promote enterprise performance improvement. This same philosophy applies in compensation management. MORE

recent survey by Leadership IQ reported that, “46 percent of newly hired employees will fail within 18 months.” CareerBuilder reports that a whopping 58 percent of hiring managers or recruiters have dealt with resume falsifications, a number that grew during the recent recession. In 2014, a Deloitte HR analysis found that 48 percent of executives lacked confidence that their human resources department was capable of meeting global workforce demands. ” Forty-six percent! What are you doing in the face of globalization? Don’t be scared, but do prepared! MORE

Data on the compensation of employees in all departments at all levels of tenure apparently revealed Robbins and Seka’s suspicions to be warranted. Well, if the analysis was full, complete and accurate - and we have no reason to believe it wasn't based on the reputation of Salesforce - it means they didn't have much of an issue with gender pay equity. What's all that mean? MORE

In the last week, a couple of research reviews have crossed my desk, both summarizing decades of research, surveys and analysis in the complex and many-layered topics of employee recognition, engagement and retention. Key findings of the report include (quoting): Employees who receive recognition are more likely to be engaged at work. The 5 major elements driving engagement. MORE

Executive compensation is a natural concern of many in the non-profit sector. 2011 report from the Chronicle of Philanthropy highlighted that the median pay of executives in 132 surveyed charities and foundations increased 3.8% Three years later, Charity Navigator reported that the typical charity CEO’s compensation had increased just 2.6% over the prior year. MORE

HR data is becoming incredibly sophisticated. I met with a business the other day that has four dedicated PhDs in their HR department to handle “big data” analysis. How can we change our compensation process? Companies can do text-analysis on the hundreds of resumes they have in their databases. Gut feelings simply won’t work anymore. How can we create more collaboration? MORE

Automatically sync with employee directories for easy survey deployment and report delivery. Open-ended questions provide context and meaning to supplement metrics-driven questions and analysis — much more than bucketed multiple choice options. Modern employee surveys have come a long way from the dreaded multiple choice questionnaires of the past. Sound too good to be true? It’s not. MORE

If you have a compensation and benefits plan that’s set up similar to the one that just came under fire in this FLSA lawsuit, it’s likely time for some alterations. . They claiming they were illegally shorted overtime compensation because the city didn’t include the cash-in-lieu-of-benefits payments in their hourly pay rate calculations. The ruling. double) damages. MORE

Gender plays no role in compensation for technology professionals. That statement may seem shocking, however according to an analysis of Dice’s annual salary survey data of more than 16,000 tech professionals, when comparing equal education levels, years of technical experience and job title, no gap exists. Employer Resources Industry Insights Dice Report Salaries women in tech MORE

In its 2015 report in collaboration with Globoforce , The Society for Human Resource Management identified employee engagement, talent retention, competitive compensation, and developing the organizational leaders for tomorrow as major human capital challenges. Machine learning is automated data analysis through algorithms that automatically create analytical models. Wearables. MORE

A new McKinsey report suggests that automated systems can take over many of the rote functions performed by human beings. Let intelligent systems administer forms, handle routine questionnaires and issue reports. Researchers estimate that 20% of a CEO's time would be saved by automating data summaries, computerizing analysis reports and applying artificial intelligence to other typically structured responsibilities. Base Salaries Competencies Job Evaluation Nonprofit Compensation Pay for Performance Performance Management Total RewardsThink about it. MORE

But simply surveying your workforce for sentiment data once a year and getting a sleek report won’t give you the insights you need to avoid serious snafus. If two or more managers are getting low ethical scores from their reports, then you need to dig deeper into the data to find the underlying issue: Is it lack of training? Scary Situation #2: You Are Rewarding Bad Behavior. MORE

Most Popular Hashtags In Bios Of Users Using #HRTechConf. #HR, #HCM, #hrtech, #Cloud, #Leadership, #Recruiting, #SocialMedia, #marketing, #SaaS, #bigdata, #innovation, #talent, #Social, #TalentManagement, #HRIS, #jobs, #Tech, #mobile, #BI, #Business, #Payroll, #Talentacquisition, #compensation. DOWNLOAD THE COMPLETE REPORT HERE (PDF). Click to view #HRTechConf 2016 hashtag report. MORE

To unlock the value of engagement data, then, it’s clear that you need to combine it with other information, such as employee data from your HR management and performance management systems and business outcome data from your ERP, and bring all that data into a single system that supports broad, ad-hoc analysis. Engagement surveys are a mainstay in the arsenal of HR tactics. MORE

Organizational Network Analysis (ONA) is a tool that can help manage living organizations to keep them agile and responsive to changes in the business environment. Organization Network Analysis. For example, an organization may make changes to its operating model, reporting relationships, job design, or business processes to better support team-based work. Related links. MORE

Job analysis and evaluation used to be one of the staple tasks assigned to the HR department, but could this method of classifying job descriptions and allocating pay grades soon be consigned to the scrapheap? Job analysis and evaluation is very much tied in with the notion of a governing hierarchy. Hierarchies ( also known as 'tall organisations ') are popular because they provide an efficient means of control; managers tend to have a narrow reporting base, meaning only a small number of subordinates report into them. The problem with hierarchies. MORE

economy and compensation budget planning.  So as we collectively begin the annual ritual of compensation budgeting, let’s start with a quick analysis of the projected economic climate for 2017. Thus, compensation budgeting will become more decentralized, making compensation budgets more difficult to predict in the future. The U.S. Economic Outlook for 2017. MORE

Key to the court’s ruling was its analysis that a worker could avoid the security screening by simply leaving the bag or other item subject to the search rule at home. The judge also found that the time spent waiting to be searched was unrelated to the employee’s job responsibilities and was not compensable work time. Compensation class action lawsuitsNot a member? MORE

That's the theme of most HR conversations about compensation communications. Think our compensation communication urban legends get in the way? While it is true that things can go horribly wrong with compensation communications, if you put thought (and emotion) into your planning, the likelihood of history-making disasters can be very low. Despair. Uh oh! You bet. And so on. MORE

Each separate survey usually asks different questions (or reports them in different ways) and uses different benchmark titles for different markets and industries.  Most compensation surveys vary in rather consistent ways.  What other observations about compensation surveys should be made? E. Most salary marketplace surveys don’t agree on much of anything.  MORE

Typically, December marks the end of the performance appraisal cycle which means it is then HR''s job to take a look at the results of these appraisals for their compensation strategy. Pay for performance" is one of the most popular forms of compensation strategies. So conducting a year over year (YOY) performance trend analysis can be very helpful. Sounds easy, right? MORE

Crystal Spraggins, SPHR Today we’re releasing the much anticipated 2015 Compensation Best Practices Report. Based on data from more than 5,500 business leaders, the report reveals attitudes about compensation, hiring, and retention as the economy continues to recover from the recession. Get the complementary report here. Want to see an overview? MORE

By Mark Brandau, Senior Director, Product Marketing IDC MarketScape Talent Management Reports 2013 IDC just released their 2013 MarketScape reports on Talent Management. To be clear, they issued five (5) Worldwide MarketScape vendor analysis reports: Learning Management in Integrated Talent Management Performance Management in Integrated Talent Management Recruiting in Integrated Talent Management Compensation Management […]. Talent Management MORE

I’ve never been particularly good at mathematics, and yet have made for myself a successful career in Compensation.  People just expect compensation practitioners to be a whiz at figures.  On the other hand, such so-called math experts often fail to rise to the top of the profession.   Why do some compensation people succeed (climb the specialist ladder) and others don’t?  MORE

There's a new player in the compensation data space that has all of us at the Cafe thinking about the future of pay transparency, the rise of big data, and what goes on in the minds of venture capitalists. According to the Cyberstates 2016 report published by CompTIA, the Tech industry employs more than 6.7 Data curation is not the same thing as data analysis. Caveat emptor. MORE

Organizational Network Analysis (ONA) is a tool that can help manage living organizations to keep them agile and responsive to changes in the business environment. Organization Network Analysis. For example, an organization may make changes to its operating model, reporting relationships, job design, or business processes to better support team-based work. Related links. MORE

Deloitte’s Global Human Capital Trends 2015 report rated culture and engagement as “the most important issue overall, slighting edging out leadership (the No. Is it promotions, compensation, manager effectiveness, tenure, or some other more obscure factor? Analysis of an engagement survey’s results is not analytics. issue last year)” in 2015. And for good reason. The problem? MORE

I’m thrilled to be joining some of my PayScale colleagues in presenting at Compference 16 next week, where I’ll be partnering with Kaylyn Messer, Senior Customer Success Manager, to talk about understanding and using our salary data reports. In our presentation, I’m looking forward to emphasizing some really valuable parts of our market reports that sometime people miss. MORE

But simply surveying your workforce for sentiment data once a year and getting a sleek report won’t give you the insights you need to avoid serious snafus. If two or more managers are getting low ethical scores from their reports, then you need to dig deeper into the data to find the underlying issue: Is it lack of training? Scary Situation #2: You Are Rewarding Bad Behavior. MORE

Know Your Worth uses sophisticated data science and machine learning algorithms that leverage millions of salary reports shared by employees on Glassdoor, while analyzing real-time supply and demand trends in local job markets, and typical career transitions of people doing similar work. Same result, analysis of base salary only.  . 3. That means a couple of things. Guess what? MORE

happen to love statistics and analysis, so I hope I'm not giving you bum advice, but if there ever were a report that could teach us a thing or two about handling data analysis superbly, it's Gallup 's recent report, " The Relationship Between Engagement at Work and Organizational Outcomes. meta-analysis eliminates biases and provides an estimate of true validity or true relationship between two or more variables. Everything you do in compensation is communication, so why not do everything better? Compensation Philosophy MORE

The Prevalence of Unlimited PTO Plans The 2015 SHRM Benefits Study, an annual report examining the nitty gritty details of benefit plans, pointed out that between >1% and 2% of employers are offering unlimited paid leave plans. People were given options from a large set of choices, and few made purchases (analysis paralysis). General Benefits CompensationMore vacation time. MORE

Gerry O''Neill CEO at Curo Comp The majority of companies find the annual compensation review cycle to be exhausting, manual, time consuming and with a massive administrative overhead. As I look at the rapidly evolving Talent Management (TM) market and the products now available in the market, compensation appears to be the ‘problem child’ – the last big one to be addressed. MORE

For some answers, I attended a session at HR Tech based on Josh Bersin’s new report, HR Technology Disruptions for 2017. In Josh’s analysis, we can see how these trends have emerged across HR functions (see his Figure 2: Evolution of HR systems below). By Derek Irvine. Recognize This! These trends deeply resonate with the WorkHuman movement and community. MORE

For those who have spent the majority of their career in the Compensation arena your upward pathway likely started at the bottom of the ladder, writing job descriptions, completing survey questionnaires and evaluating jobs. Eventually you worked your way up the food chain into survey analysis, market pricing, structure design, incentives and program development. The “hard” side?  MORE

The expansion from product to channel and customer profitability analysis. would like to believe that the reporting of more accurate product and standard service-line cost and profitability information using activity-based costing (ABC) principles is now common. Integrated business planning (IBP) leverages customer profitability reporting. firing” the customer). MORE

An analysis of this research suggested that workers would benefit by working fewer days or fewer hours per day. The website OnRec reports that a study in Sweden has shown that a reduced workday in some companies has resulted in a happier and more productive workforce with a resultant increase in profitability. Will reduced hours be helpful? Issues. Balance would be nice. MORE

Gender plays no role in compensation for technology professionals. That statement may seem shocking, however according to analysis of Dice’s annual salary survey data of more than 16,000 tech professionals, when comparing equal education levels, years of technical experience and job title, no gap exists. What does still exist is a position gap as researched in earlier years. MORE

Adams, who is president and CEO of Navera, provided the following analysis in an article written for HR.BLR.com ®. Read the free best practices report, How Comprehensive Legal Insurance Works for Employers and Employees: Three Typical Scenarios. Download the free best practices report, How Comprehensive Legal Insurance Works for Employers and Employees: Three Typical Scenarios. MORE

According to a new report , public school teachers earned 17% less than their college graduate peers who pursued different careers. The analysis adjusted for education, age, gender, marital status, geographic region and race/ethnicity. Note that this report compares weekly wages, so the shorter educational work year is not a factor.  Also remember that this latest study of public school teacher compensation relied on government data, so bias in observation sampling is unlikely. It is difficult to find fault with the report's findings. MORE

by Peyton Liu As an addendum to my blog post a few weeks ago ( 4 Things to Avoid When Planning for Compensation ), which listed four typical mistakes to avoid in regards to compensation management, a company should have a clear picture about its compensation planning. As a compensation guy, I always say: Plan for the worst, hope for the best, and be prepared for a surprise. MORE

Recommended Read:  Visier Insights Report: Gender Equity ]. The key findings, based on our analysis of the workforces of large US enterprises, are: The Motherhood Penalty. Increase measurement and awareness of gender equity in the rollout or implementation of HR policies, including compensation policies. Here’s what we found. The Manager Divide: A New Finding to Watch. MORE