Remove Benchmarking Remove Compensation Remove Workable
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Employee compensation – what you need to know and why

Workable

Fostering a positive environment that supports team members as people instead of human capital is important, and in many instances, those initiatives are actually part of a compensation strategy, but a generous compensation package is a surefire way to catch the attention of quality candidates and establish loyalty with high-performing employees.

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3 steps to aligning compensation planning with organisational goals

Cezanne

3 steps to aligning compensation planning with organisational goals in summary: In this blog, we look at the 3 steps HR professionals should take to ensure their compensation planning strategy aligns with organisational goals. This is the north star that shapes strategic compensation planning. Now, that might sound like a lot.

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How to Measure Quality of Hire to Drive Business Results

Analytics in HR

You want to have enough candidates to compare to make the right choice unless you hire for that position frequently enough to have a good benchmark. Hiring Budget , a measure recently devised by SmartRecruiters , benchmarks recruiting costs to the variable costs of different types of roles. End of Probation Review.

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6 Reasons Why Salary is the #1 Lever to Attract Talent [+ keep them!]

Ongig

LinkedIn research shows 61% of applicants highlight compensation as the #1 part of a job description. Workable’s “Great Discontent” survey of 750 U.S.-based Results show compensation remains the #1 driver in career opportunities across the board. Listing salary info optimizes your hiring process.

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The 7 best HR analytics software options for today’s workforce

Business Management Daily

Benchmarking How do you know if you’re paying your top talent competitive salaries? You can answer these pressing questions by using HR analytics systems that feature benchmarking. That’s where the tool uses standard industry ‘benchmarks’ to compare to your HR metrics.

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Exit interview questions

Workable

Gather benchmark data around compensation packages (e.g. Conduct exit interviews to: Find out how employees perceive company culture and whether they feel valued and respected by peers and managers. Discover ways to improve performance appraisals and employee relations. Learn what would motivate employees to stay with your company.

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What does Massachusetts’ equal pay law mean for employers?

Workable

According to SHRM’s 2016 Job Satisfaction and Engagement Report , compensation is still a top contributor to employee engagement, and even more important than it was in 2015. Would employers really ask for compensation after a candidate is hired? A rising tide lifts all boats. What’s good for candidates may also be good for employers.