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

Analytics in HR

This article unpacks 93 HR terms, including a usage example for each. As for the latter, this article is a great place to start. 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. ” 10. ” 15.

COMPAS 99
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OFCCP Compliance: Proactively Prepare for Compensation Audits

Trusaic

In this article we focus on what they mean for pay equity reporting and the move to strengthen pay transparency at the federal level. It relates to ensuring technology based recruiting, screening and hiring procedures like artificial intelligence (AI) do not create barriers to equal employment opportunity.

COMPAS 130
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The 100 HR Indicators Every Manager Needs to Know

EmployeeConnect

If you’re like me, you might also be addicted to listicles, these articles in the forms of bullet-points that distil information in a very digestible way. Recruitment #5. 4 – Recruitment Indicators Average cost per hire: measures the average amount spent to recruit a new employee. Demographic #2.

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. Then you explored the analytics that help you track compensation , calculated them for your organization and dug deeper into some particular issue areas.

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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. In the last lesson, we overviewed five compensation analytics that help track whether your organization is moving in the direction you’re targeting. Compa-Ratio by Function.

COMPAS 50
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Compensation and Benefits

Analytics in HR

This amount is negotiated during the hiring process and agreed upon before the employment contract begins. Every new hire should receive a clear report of their compensation package and know who to contact if they have any questions. It is typically an annual or monthly salary or an hourly rate.

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The Compensation and Benefits Manager – A Full Guide

Digital HR Tech

In this article, we take a closer look at this role. The compensation and benefits manager works with hiring managers, recruiters, and other Human Resources personnel to ensure that job offers are both based on market rate and have internal equity (an explanation is provided below). Monitoring Internal Equity & Analytics.

COMPAS 56