PI Worldwide

NOVEMBER 11, 2022

Retention and engagement: There are many different facets to creating a positive employee experience, from compensation to company culture. Create an environment where employees feel valued, present a clearly defined career path for each role, and offer compensation and benefits that are comparable to competitors.

Talent Experience 93

Talent Experience Hiring Software Strategy Onboarding Software 93

Extensis

DECEMBER 20, 2023

Quick look: The human resources industry has changed substantially in the last several years—a pattern that will continue in 2024. In the ExtensisHR 2024 Trends Report, review the top 10 latest industry developments and the steps your business can take to succeed, straight from our internal thought leaders.

HR Trends 85

HR Trends HR Software HR Planning Trends 85

Business Management Daily

MARCH 25, 2024

As baby boomers retire, there’s a notable gap in numbers to fill their roles, leading to a shortage that’s felt across various industries. Benchmarking sets the foundation for sustainable growth. Reviewing total compensation and strategically aligning human capital with organizational goals forms the bedrock for sustainable growth.

AI Recruiting 98

AI Recruiting Hiring Software Staffing Software Recruiting Software 98

Business Management Daily

MARCH 1, 2024

As baby boomers retire, there’s a notable gap in numbers to fill their roles, leading to a shortage that’s felt across various industries. Benchmarking sets the foundation for sustainable growth. Reviewing total compensation and strategically aligning human capital with organizational goals forms the bedrock for sustainable growth.

AI Recruiting 97

AI Recruiting Hiring Software Staffing Software Recruiting Software 97

Business Management Daily

MAY 31, 2021

Dissatisfaction with compensation is also a common motive for changing jobs, so consider whether your top performers are being valued correctly financially. Consider building in bonuses or incentives to their compensation package can help tie the value-added by their increased output and performance to financial rewards.

Retention and Turnover 98

Retention and Turnover Bonuses and Incentives Hiring Software Staffing Software 98

HiBob

SEPTEMBER 1, 2022

Compensation has long been a taboo subject in the workplace. Until relatively recently, people viewed compensation as something very personal–a topic you didn’t talk about with other people, least of all your co-workers. From an employee perspective, you can understand why there’s so much intrigue around compensation.

Benchmarking 147

Benchmarking How To Compensation Talent Experience 147

15Five

JANUARY 23, 2024

Try looking out for: Seasonal spikes: Some industries see increased turnover rates at certain times of the year. But if you’re not in an industry where that’s expected and you’re still seeing spikes during certain months, you’ll know that’s something to watch out for in the future. Here are some strategies for doing that.

Retention and Turnover 291

Retention and Turnover Hiring Software How To Onboarding Software 291

Insperity

JUNE 8, 2023

The answer: Compensation benchmarking. What is compensation benchmarking? Compensation benchmarking is the process by which compensation professionals on your human resources (HR) team analyze salary data in the marketplace for each specific job at your company.

Benchmarking 100

Benchmarking Compensation Hiring Software Survey 100

Analytics in HR

FEBRUARY 12, 2024

In the Employ’s Quarterly Insight’s report , benchmark data indicates that one-third of the time spent hiring is on sourcing, regardless of how fast the hiring process is. Stay updated with the newest recruitment industry practices and technologies. They attend industry events and conferences. They use employee referrals.

Video Recruiting 106

Video Recruiting Recruiting Software Background screening Hiring Software 106

Empxtrack

JUNE 4, 2024

The paid time off rules vary based on company policies, industry norms, local legal requirements, and employment agreements. Bureau of Labor Statistics (BLS), full-time employees in private industry receive an average of 10 paid vacation days after one year of service. Are there industry standards for PTO accrual rates?

HR Software 99

HR Software Staffing Software Planning Tools How To 99

EmployeeConnect

APRIL 9, 2024

In the modern workplace, where attracting and retaining top talent is paramount, the realm of compensation and benefits management stands as a crucial pillar of employee management strategies. It involves striking a delicate balance between meeting employees’ financial needs and aligning with industry standards.

Compensation 130

Compensation Assessment Software HR Software Benchmarking 130

HR Bartender

FEBRUARY 8, 2022

Industry analyst firm Nelson Hall recently identified ADP as a leader in both the small and medium business as well as mid to large market segments. New consumer trends impacting how employees are paid and how they manage their finances are shifting the compensation landscape. Estimated reading time: 4 minutes. Congrats to them!

Compliance 340

Compliance HR Software ADP AI Recruiting 340

Analytics in HR

FEBRUARY 6, 2024

Enjoy steady progress: Consistent goal setting and measurement of outcomes provide you with benchmarks to track progress, assess the effectiveness of your recruitment strategies , and tackle areas for improvement. The outcome? A more competitive and effective recruitment process. Don’t overlook emerging HR trends.

AI Recruiting 102

AI Recruiting Video Recruiting Recruiting Software Hiring Software 102

Analytics in HR

OCTOBER 20, 2023

An HR report provides critical insights that enable HR professionals and organizational leaders to make informed decisions about their workforce related to recruitment , training, compensation, and resource allocation. This report delves into the organization’s compensation structures and benchmarks them against market standards.

Report 73

Report HR Planning HR Software Hiring Software 73

Visier

JANUARY 27, 2021

Ask any compensation professional if they are prepared to “match to market” based on job name alone and they will vehemently shake their heads. The first problem in aligning internal and external data is to ensure that apples are compared to apples. This foundational problem is solved through the Visier and Emsi partnership.

Analytics 444

Analytics Visier Planning Tools Recruiting Software 444

15Five

DECEMBER 13, 2024

Compensation is something you absolutely need to get right. That makes compensation planningeverything that goes into your strategy for rewarding peoplesuch a high-stakes game. Most organizations know performance should have some influence on compensation, but arent clear on how much or how. Check out 15Five Compensation!

Planning Tools 130

Planning Tools Compensation Hiring Software HR Software 130

EmployeeConnect

MARCH 6, 2024

Uncompetitive Compensation and Benefits: Salary and benefits packages are critical components of employee satisfaction. When organisations fail to offer competitive compensation or attractive benefits, employees may explore opportunities with better financial incentives.

Retention and Turnover 264

Retention and Turnover HR Software Bonuses and Incentives Career Development 264

Analytics in HR

FEBRUARY 27, 2023

Employee retention : Monitor, analyze and report employee turnover rates Review compensation and scheduling guidelines to align with today’s workforce Plan and launch employee retention programs and initiatives to reduce turnover. As such, creating connections with people across industries and organizations is vital in your CTO career.

Talent Experience 90

Talent Experience Hiring Software Staffing Software HR Planning 90

Terryberry

MAY 16, 2024

Ready-built templates: Tableau Accelerators are dashboards tailored to help you visualize the specific data set you want to visualize and are designed for a variety of industries and applications. Benchmarking: Users can benchmark workforce metrics against industry benchmarks and competitors.

HR Software 52

HR Software Hiring Software Recruiting Software Planning Tools 52

Analytics in HR

JULY 31, 2023

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Administers employee benefits and compensation that enhance employees’ satisfaction and financial security.

HR Planning 64

HR Planning Resources Hiring Software Onboarding Software 64

Analytics in HR

JANUARY 25, 2022

Thorough compensation planning allows your organization to create compensation systems that reward employees fairly and support business goals. What exactly is compensation planning, what are its objectives, and how do you go about compensation planning in practice? Contents What is compensation planning in HR?

HR Planning 126

HR Planning Planning Tools Compensation Hiring Software 126

Analytics in HR

FEBRUARY 1, 2024

Is your compensation management approach helping or hurting your organization in the talent war? In a recent LinkedIn Talent Solutions report , compensation was ranked as the #1 top priority for candidates worldwide. In this article, we’ll explore the ins and outs of compensation management and why it matters.

Planning Tools 108

Planning Tools HR Software Hiring Software Compensation 108

Business Management Daily

NOVEMBER 7, 2024

As baby boomers retire, there’s a notable gap in numbers to fill their roles, leading to a shortage that’s felt across various industries. Benchmarking sets the foundation for sustainable growth. Reviewing total compensation and strategically aligning human capital with organizational goals forms the bedrock for sustainable growth.

AI Recruiting 52

AI Recruiting Hiring Software Staffing Software Recruiting Software 52

Analytics in HR

OCTOBER 12, 2022

Variable compensation can be a useful tool for rewarding employees’ performance to provide measurable results for your business. Let’s dive into all you need to know about variable compensation. Contents What is variable compensation? What is variable compensation? Examples of variable compensation.

Compensation 123

Compensation Bonuses and Incentives HR Software Hiring Software 123

Affinity HR Group

OCTOBER 3, 2024

The US Department of Labor notes that the percentage of private industry workers with access to flexible healthcare spending accounts increased from 36% in 2012 to 43% in 2021. These averages show the evolving standards in PTO offerings and can be a helpful benchmarking tool.

Employee Benefits 40

Employee Benefits Trends Retirement Planning Tools 40

Analytics in HR

JANUARY 6, 2025

A compensation review process is necessary to assess how fair and competitive your compensation and benefits offerings are and to ensure you attract and retain top talent. This article discusses how to ensure a fair and effective compensation review process and how to tactfully communicate salary changes to employees.

Compensation 79

Compensation Assessment Software Hiring Software HR Software 79

Bayzat

SEPTEMBER 22, 2024

As of 2024, many major UAE industries have increased their salaries in strategic positions to attract and sustain employees with great skill sets. This competitive atmosphere now makes salary benchmarking highly important for HR managers. Neglect of fair compensation attracts fines and penalties that can hinder your business growth.

Benchmarking 52

Benchmarking Industry HR Software Case Study 52

Analytics in HR

OCTOBER 27, 2023

What is compensation and benefits? Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. Overall compensation is the top factor that job seekers consider when accepting a new job. What is the difference between compensation and benefits?

Compensation 115

Compensation Wage and Hour Training COMPAS Bonuses and Incentives 115

HRsoft

OCTOBER 30, 2023

As organizations strive to attract, retain, and motivate top talent, compensation management continues to evolve. In the year 2024, several trends are expected to shape how businesses approach compensation strategies. Employees increasingly demand fairness and transparency in how compensation decisions are made.

Compensation 105

Compensation Trends Planning Tools Talent Experience 105

Bonusly

SEPTEMBER 23, 2022

No matter how large or small your business is or what industry you work in, chances are, you’ve thought about how best to determine compensation for your employees—especially if you are a company or HR leader. They may need some updating to align with the compensation best practices below.

Compensation 98

Compensation Strategy Benchmarking Employee Recognition 98

Reflektive

SEPTEMBER 23, 2020

This summer, Reflektive launched a Performance Management Benchmark Report to identify both consistencies and changes in how companies run their performance programs. While the analysis in the reports spans all industries, we decided to share interesting trends in the financial services industry in this blog post.

Performance Management 130

Performance Management Industry Planning Tools CHRO 130

Analytics in HR

DECEMBER 5, 2024

compensation, management, lack of development opportunities, etc.). This is relevant, especially in industries where continuous training is critical. A final word HR KPIs are an excellent way for HR to contribute to the overall organizational strategy, providing measurable benchmarks to assess how HR contributes to business success.

HR Planning 98

HR Planning Examples HR Software Hiring Software 98

Peoplebox

SEPTEMBER 23, 2024

Keeping up with industry trends to anticipate the skills in demand. This includes salary benchmarking and calculating hiring costs associated with benefits, onboarding, training, and recruitment tools or agencies. Your recruitment team must research industry salary standards and adjust for location, skill level, and demand.

AI Recruiting 52

AI Recruiting Recruiting Software Hiring Software Staffing Software 52

HR Shelf

APRIL 7, 2022

Over the past few years, there has been a seismic shift in the recruitment industry, especially since Covid-19. Effective interviews uncover weaknesses, flag up potential risks as well as ensure expectations align with compensation, salary, and the personality of the candidate. Campus Recruiting.

Video Recruiting 98

Video Recruiting AI Recruiting Recruiting Software Hiring Software 98

Hacker Earth

DECEMBER 17, 2024

This is where benchmarking metrics for your recruiting funnel come into play. By evaluating the key stages of your recruitment process against industry standards, you can identify areas of improvement, optimize hiring strategies, and ultimately make better hiring decisions.

Benchmarking 62

Benchmarking Recruiting Software Metrics Hiring Software 62

Decusoft

APRIL 13, 2021

What is Total Compensation? The total compensation package is an employee’s base compensation, also known as their base salary, plus the value of the benefits package they receive. The best strategy for executive total compensation is unique to every business. Trends in Total Compensation Management.

Compensation 105

Compensation Hiring Software Planning Tools Assessment Software 105

15Five

JANUARY 18, 2024

I feel like we’re constantly losing people”) into hard facts you can compare to industry benchmarks (e.g. Our turnover rate is twice the industry average.”). Keep your compensation package competitive: To hang on to your top performers, you need to make your organization a great place to work and a rewarding one.

Hiring Software 246

Hiring Software Retention and Turnover Onboarding Software HR Software 246