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The Compehensive Dictionary of HR Terms To Know [In 2024]

Analytics in HR

This can take many forms, from taking a course or certificate program like the ones we offer at AIHR to simply brushing up on their knowledge of (the latest) HR terms. Compa ratio Compa ratio , also known as a comparative ratio, is a metric that compares an individual’s or group’s salary to the midpoint of a defined salary range.

COMPAS 99
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10 vital HR metrics to track for your business

Business Management Daily

Human resources analytics, a relatively new discipline, is growing at an extraordinary rate and is quickly becoming an essential competency for HR professionals, according to Dr. Michele Rigolizzo, an assistant professor at the Feliciano School of Business at Montclair State University. Which hiring metrics are most important to track?

COMPAS 59
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5 Compensation Analytics to Track That Answer Your Big Comp Questions

Compensation Today

This is a lesson from our forthcoming ecourse on compensation analytics, and builds on what we covered in the post on setting goals. Be on the lookout for the course launch, which includes helpful examples and insightful exercises — coming soon! Compa-Ratio. Assess: Similar to market-ratio, a compa-ratio of 1.0

COMPAS 79
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The 100 HR Indicators Every Manager Needs to Know

EmployeeConnect

Recruitment #5. 4 – Recruitment Indicators Average cost per hire: measures the average amount spent to recruit a new employee. Average number of days to hire: the average amount of time required (number of calendar days) to fill an open vacancy. Demographic #2. Organisational Structure #3. Productivity #4.

COMPAS 100
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How to Use Compensation Analytics to Tell a Story

Compensation Today

This is a lesson from our forthcoming ecourse on compensation analytics, and builds on our previous post on how to dig into comp analytics for specific questions. Be on the lookout for the course launch, which includes helpful examples and insightful exercises — coming soon! You’ve done it! GET A DEMO. Know Your Audience.

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How to Dig Into Compensation Analytics to Answer Specific Questions

Compensation Today

This is a lesson from our forthcoming ecourse on compensation analytics, and builds on our previous post on five comp analytics to track. Be on the lookout for the course launch, which includes helpful examples and insightful exercises — coming soon! Compa-Ratio by Function. Market-Ratio by Location.

COMPAS 50
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Learn a new word: Positive Predictive Value

Steve Boese

Predictive analytics and the application of algorithms to help make 'people' decisions in organizations has been a subject of development and discussion for several years now. But the opposite, of course is also true. And here is where PPV really comes into play. Back to our Learn a new word - Positive Predictive Value.

COMPAS 68