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

Analytics in HR

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. HR term example: “The HR department analyzed the compa ratio to assess the fairness of our salary distributions.” ” 10. ” 15. ” 17.

COMPAS 89
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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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4 steps to Building a Business Case for D&I

Visier

Improving diversity and inclusion is top of mind for most organizations—87% of them, according to a PwC study. You need a strategy to bring to your leadership team that makes the intangible goal of improved diversity and inclusion both intangible and accessible. Establish existing costs. Don’t forget sitting still has costs too.

COMPAS 223
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OFCCP Compliance: Proactively Prepare for Compensation Audits

Trusaic

It relates to ensuring technology based recruiting, screening and hiring procedures like artificial intelligence (AI) do not create barriers to equal employment opportunity. Another newly added requirement is Item 21. This reflects the wider push for responsible AI in employment practices. OFCCP compliance: “One to watch?”

COMPAS 130
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LaRocque: Why HR needs a strategy for evaluating tech startups, scaleups

HRExecutive

As most employers are struggling to hire and reports also show that up to 40% of workers are planning to change jobs , there’s little room for error in selecting new HR technology. PwC reports that 74% of businesses plan to increase their spending on HR tech. The stakes couldn’t be much higher.

COMPAS 115
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The 100 HR Indicators Every Manager Needs to Know

EmployeeConnect

Recruitment #5. HR #1 – Demographic Indicators Number of employees Median age Median length of employment Median salary Gender diversity (i.e. # of women vs. # of men ratio) Diversity (i.e. of men ratio) Diversity (i.e. Organisational Structure #3. Productivity #4. Internal Movements #6. Performance #8.

COMPAS 100
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The New Workforce Gender Equity Factors HR Needs to Watch

Visier

Research shows that gender diverse companies are more likely to outperform their less diverse peers, and a lack of a gender diverse workforce can also impact employer brand. In 2015, 90% of new CEOs in the S&P 500 were promoted or hired from line roles — and 100% of these executives were men. economy by 2025.

COMPAS 152