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A Complete Guide on Salary Benchmarking

HR Lineup

Salary benchmarking, also known as compensation benchmarking, is a crucial process for businesses that aim to maintain a competitive edge in attracting and retaining talent. What is Salary Benchmarking? This comparison is made using data from salary surveys, industry reports, and other compensation data sources.

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How to Avoid Talent Gaps with Data-Driven Succession Planning

Visier

According to the Association for Talent Development , only 35% of organizations have a formalized succession planning process. The trifecta of talent management tools for talent gap mitigation. Readiness progression of your talent. Diversity of your pipeline. These concerns can be heightened during times of crisis.

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Salary Benchmarking Guide - Importance, Process, Challenges, and Trends

Empuls

Salary benchmarking is when HR compares the organization's pay levels with market rates for similar jobs. According to HRforecast, 63% of organizations utilizing benchmarking practices are more likely to retain and attract top talent.   Salary benchmarking ensures that employees are paid fairly for their work.  

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Workforce Diversity & Inclusion: The Ultimate Guide

Primalogik

Workforce diversity is a core component of organizational success. What is workforce diversity? Gartner defines it well: “Workforce diversity is the collective mixture of employees’ differences and similarities (including individual characteristics, values, beliefs, experiences, backgrounds, preferences, and behaviors).”

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Free Employee Engagement Survey Template and Ultimate Guide 

Analytics in HR

You have to include qualitative sources if you want to access insights related to employee experience,” says Dr Dieter Veldsman, Chief HR Scientist at AIHR. In contrast, businesses in the bottom quartile experience 78% more absenteeism , 32% more defects, and 28% greater shrinkage due to theft.

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5 Tips for Diversity and Inclusion Training

Ongig

And the foundation for most of them is diversity and inclusion training. If you are just getting started or want to fine-tune your diversity and inclusion training, these 5 tips might help. Why is diversity and inclusion training important? Millennials and Gen Z are more “ethnically diverse” than other generations.

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i4cp Survey: Employers Aren’t Scaling Back on DE&I (i4cp login required)

i4cp

Headlines trumpeting "the death of DE&I" have become ubiquitous of late, and persistent detractors insist that the demise of workplace diversity, equity, and inclusion is upon us, yet new research indicates this simply is not the case—in fact, far from it. partnerships with DE&I, talent acquisition, comms, etc.)

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