Analytics in HR

MARCH 7, 2022

How are you going to communicate the differences to your candidates/employees? It can be challenging for companies to figure out how to create fair salary ranges for emerging or highly specialized jobs. For example, how, precisely, will you estimate the value of these jobs without a lot of information? Rewarding niche jobs.

Compensation 98

Compensation COMPAS Background screening HR Planning 98

Compensation Today

MARCH 20, 2017

PayScale’s 2017 Compensation Best Practices Report (CBPR) found that just 37 percent of all organizations have a comp strategy. It’s the sum of all the choices you make about how to spend your compensation dollars, including the market where you compete for talent and how competitively you plan to pay in that market.

Compensation 81

Compensation Strategy Hiring Software Planning Tools 81

Zenefits

DECEMBER 29, 2021

Here’s how to create a compensation philosophy, tie it to business goals, apply people operations principles, and attract top talent. A compensation philosophy defines your company’s view on the value of employees, how they should be paid, and what benefits they receive. Creating a compensation philosophy. Remember Me.

Payscale 36

Payscale Strategy Hiring Software Bonuses and Incentives 36

Compensation Today

JULY 5, 2017

While there are many additional components of Agile and Scrum, let’s look at how incremental work can be applied to comp. Here’s how to approach compensation with an Agile mindset. How is product management like compensation management? Job benchmarking to market data – 2. Simply, the work is never done.

Compensation 70

Compensation Change Management Benchmarking Planning Tools 70

Analytics in HR

JUNE 22, 2022

Let’s explore the role of a compensation analyst and how you can become one. A sample compensation analyst job description How to become a compensation analyst Compensation analyst salary. Benchmarking jobs against data collected and market intelligence to determine competitive compensation for each role. Over to you.

Compensation 98

Compensation HR Planning HR Software Interview Software 98

Accendo Technologies

SEPTEMBER 25, 2024

How to Design Your Competitive Compensation Packages? Understand Market Benchmarks One of the most critical steps in designing a competitive compensation package is understanding industry benchmarks. Tools like Payscale and Mercer allow companies to calibrate their pay scales based on market trends and specific industries.

Compensation 52

Compensation Bonuses and Incentives Wage and Hour Training Retention and Turnover 52

Analytics in HR

NOVEMBER 1, 2022

HR specialist salary How to become a human resource specialist Human resources generalist vs. specialist. Tasks may include: Managing compensation records Benchmarking of compensation Handling annual performance reviews. How to become a human resource specialist. What skills does a human resources specialist need?

HR Planning 139

HR Planning Resources Hiring Software Onboarding Software 139

Compensation Today

SEPTEMBER 23, 2015

Rita Patterson, Onboarding Team Lead, PayScale Creating a comp plan is like cleaning your house. Don’t expect yourself to handle job analysis, market benchmarking, comp structure creation, and raise recommendations all in one fell swoop. Start with a needs analysis: How would our organization benefit from a strategic comp plan?

Payscale 40

Payscale How To Analysis Benchmarking 40

Compensation Today

AUGUST 20, 2015

By Sonnet Lauberth, PayScale Compensation Professional Compensation can be a tricky topic, especially within the non-profit sector where many employees feel that they are “overworked and underpaid.” Depending on your strategy, you might benchmark against other non-profits, private companies, or a mix depending on your workforce.

Compensation 40

Compensation Payscale How To Retention and Turnover 40

Compensation Today

SEPTEMBER 25, 2015

Ashley Adair, PHR SHRM-CP, Benchmarking Team Lead at PayScale Whether we want to admit it or not, compensation is emotional. It’s up to them to decide what their next steps are and how to deal with their emotions that inevitably will come up. How do you begin these conversations? See how PayScale can help.

Payscale 40

Payscale Benchmarking Compensation Analysis 40

HR Daily Advisor

DECEMBER 3, 2014

Start with PayScale’s (free!) complete guide to compensation plans, Bring Back the Sizzle: PayScale’s Guide to Comp Plans That Get Workers Fired Up (In a Good Way). How much do your companies plan to increase or decrease sales head count over the next year? Many employers are not strong on how to evaluate talent.

Hiring Software 40

Hiring Software Payscale Hiring Planning Tools 40

Compensation Today

JANUARY 21, 2016

Rita Patterson, Onboarding Manager, PayScale. The New York Times author has hit the nail on the head here, calling out the fact that an individual's understanding of how pay decisions are made can have a profound impact on whether or not they feel that salary offer is fair and equal.

Payscale 40

Payscale Benchmarking Compensation Onboarding 40

Analytics in HR

APRIL 25, 2022

Why you need a solid HR tech stack HR tech stack: The common software categories How to build an HR tech stack. Payscale is an easy-to-use software that offers choices based on company size for small businesses to global enterprises. How to build an HR tech stack. Contents What is an HR tech stack? What is an HR tech stack?

HR Software 122

HR Software Hiring Software Recruiting Software Interview Software 122

Heyyy HR!

JUNE 5, 2024

Determining Salary When you’re on the job hunt or considering a career move, understanding how to determine a fair salary is crucial. This means knowing how to negotiate effectively and using available salary data to inform your direction or confirm your confidence during these discussions.

Wage and Hour Training 60

Wage and Hour Training HR Planning Hiring Software Strategy 60

Analytics in HR

OCTOBER 27, 2023

This includes guidance on compensation structures and packages, benefits programs, and how to motivate and retain top talent in your organization. Their salary benchmarks are set at the 50th percentile of San Francisco market data. For example: Find out where you sit in the current market by using resources like Payscale and Glassdoor.

Compensation 116

Compensation Wage and Hour Training COMPAS Bonuses and Incentives 116

Analytics in HR

DECEMBER 15, 2023

For example, employee training can include teaching teams about a new product, how to respond to customer inquiries more efficiently, or how to use work equipment safely. Cross-training : Cross-training entails teaching an employee how to handle another employee’s role. Are business processes more efficient?

Compliance Training 98

Compliance Training Assessment Software Hiring Software Planning Tools 98

Compensation Today

OCTOBER 28, 2016

Back in the day, our Benchmarking Maven, Ashley Adair, worked to benchmark the role of an Office Manager. In one organization, one of our savvy Customer Operations Specialists, Carley Anderson, worked to carefully benchmark an office assistant role. Read on for the top 5 scariest comp situations we’ve found. HappyHalloween!

Benchmarking 40

Benchmarking Compensation Planning Tools Talent Experience 40

Vantage Circle

SEPTEMBER 8, 2021

Through this blog, you will understand the basic idea of compensation planning for your employees and how to do it effectively. According to a report by PayScale , companies who are serious about being competitive will need to invest in solid compensation management. Industry pay benchmark. Let's start!

Compensation 52

Compensation HR Planning Planning Tools Wage and Hour Training 52

Zenefits

JANUARY 31, 2022

Benchmark positions, meaning jobs with similar duties, are the best sources for comparing salaries across positions. We recommend using industry benchmarks. Benchmark positions, meaning jobs with similar duties, are the best sources for comparing salaries across positions. This process is called compensation benchmarking.

Payroll 36

Payroll Hiring Software Wage and Hour Training HR Software 36

HR Tech Girl

APRIL 4, 2023

There are likely going to be a lot more candidates for your job openings and you will need to make sure you have a recruitment strategy on how to streamline but still assess well This is especially the case if you’re not used to the influx of candidates and resumes to go through. This will take time and effort but it’s worth it.

AI Recruiting 52

AI Recruiting Video Recruiting Recruiting Software Hiring Software 52

Workable

JANUARY 3, 2018

Here’s a guide on why and how to embrace a data-driven recruiting strategy: How data-driven recruiting can help hiring teams. Benchmark and forecast your hiring. For example, recruiting yield ratios can show you how many applicants you typically need to make one hire. How to incorporate data into your hiring.

Recruiting Software 85

Recruiting Software Hiring Software Data Recruitment 85

Compensation Today

JUNE 13, 2016

Jenni Marquez, CCP, PayScale Compensation Professional Most organizations don’t intend to pay employees low, but market shifts and legislation changes can often result in underpaid employees. If budget is tight and you’re concerned about how to tackle the problem without giving your CFO a panic attack, don’t fret. And Amazon.

Wage and Hour Training 40

Wage and Hour Training Payscale HR Planning Hiring Software 40

Ongig

SEPTEMBER 11, 2024

User-friendly communication tools empower recruiters by letting them speak one-on-one with applicants, explaining everything from corporate perks to payscale details. The dynamic data visualizations help stakeholders quickly understand the information and decide how to act upon it.

Recruiting Software 52

Recruiting Software AI Recruiting Hiring Software HR Software 52

Workable

NOVEMBER 7, 2017

Here’s our guide on why and how to set up a pay structure: Why you need structured employee compensation. How to set up a pay structure. Knowing what each job entails and its value to your company helps you benchmark salaries more effectively. Here are both approaches with examples and how you can combine them: Benchmarking.

COMPAS 86

COMPAS Compensation Hiring Software How To 86

HiBob

MARCH 3, 2024

The gender pay gap is getting narrower, but at a glacial pace as shown by this 2024 Payscale survey. Create a comprehensive pay audit and salary structure Leverage internal and external compensation benchmarking data, along with salary surveys, to identify and address pay gaps and inconsistencies.

HR Software 148

HR Software Hiring Software Discrimination Assessment Software 148

Zenefits

JULY 9, 2022

In a new Payscale report , companies pay women whose credentials are comparable to men’s 99 cents on every dollar that their male counterparts receive. The report by OpenComp, a provider of compensation benchmarking tools for startups, offers some answers. Legacy survey providers. Unvetted platforms. Data from noncompetitors.

Wage and Hour Training 36

Wage and Hour Training Onboarding Software Background screening Staffing Software 36

Workable

OCTOBER 23, 2024

Research from Payscale claims that 50% of employees will switch jobs if they feel underpaid. So, how do you make sure your employees get what they deserve and are not underpaid/overpaid? Average compa ratio In some organizations, the average compa ratio is part of salary benchmarking. How to calculate compa ratio?

COMPAS 62

COMPAS Compensation Analysis Hiring Software 62

Workable

FEBRUARY 7, 2024

Outcome transparency involves disclosing the actual compensation figures, such as specific salary ranges or benchmarks for different roles and levels within the organization, allowing employees and candidates to see where their pay stands relative to those benchmarks. It’s not just about the pay itself.

Hiring Software 62

Hiring Software Retention and Turnover Compensation Recruiting Software 62

Workable

SEPTEMBER 6, 2024

Maintaining a positive culture “Putting effort into salary research, benchmarking, and using findings to make compensation decisions can impact workplace culture,” explains Aida Gueye , an HR professional. Pay is a key piece in helping workers feel adequately supported, recognized, and appreciated.

Hiring Software 62

Hiring Software Compensation Metrics Benchmarking 62

Analytics in HR

FEBRUARY 27, 2024

HRIS vs HRMS vs HCM HRIS functions Benefits of an HRIS HRIS examples HRIS implementation in 6 steps HRIS management best practices How to get the most out of your HRIS data The HRIS analyst role HRIS certification FAQ What is an HRIS? We’ll discuss examples of how to leverage HRIS data later in this article. Let’s dive in!

HR Software 98

HR Software Hiring Software Planning Tools Recruiting Software 98

Compensation Today

NOVEMBER 25, 2015

Sonnet Lauberth, PayScale Compensation Professional In my time as a Compensation Professional at PayScale, I’ve helped over 75 organizations develop a co mpensation strategy and structure to suit their needs and spoke with hundreds of companies about the challenges they face regarding compensation. Tell us in the comments below!

Payscale 40

Payscale Compensation Benchmarking Planning Tools 40

Compensation Today

DECEMBER 23, 2015

PayScale's Mykkah Herner, MA, CCP, Modern Compensation Evangelist and Paige Hanley, CCP, Compensation Professional It’s that time of year and all of Santa’s Elves have been working overtime. Busy himself, Santa turned to PayScale to determine the best way to handle his elf compensation. There’s some art to consider as well.

Benchmarking 40

Benchmarking Payscale HR Planning Compensation 40

Thrive TRM

JANUARY 4, 2024

But there’s not a lot of guidance out there for talent partners on how to do this effectively. Triangulate Multiple Datasets to Circumvent Incomplete Data In a survey of 50 talent partners, 47% use two or more datasets when setting compensation benchmarks. Which data sources are most commonly used together?

Compensation 52

Compensation Strategy Hiring Software Bonuses and Incentives 52

CuteHR

JUNE 14, 2021

This incentive program a clear benchmark and list of objectives must be placed in front of the employees so that they have an idea of what exactly they can achieve the bonus. Employee incentive programs have several benefits, but don’t know how to start? What is an example of an incentive program? Do not worry!

Bonuses and Incentives 55

Bonuses and Incentives HR Software Planning Tools Interview Software 55

Analytics in HR

APRIL 10, 2024

15 best global HR certifications Additional global HR certifications How to get a global HR certification Tips on preparing for a global HR certification What is a global HR certification? How to get a global HR certification Step 1: Check the eligibility criteria Before diving into global HR certifications, check your eligibility.

Global HR 59

Global HR Certification HR Planning Compliance Training 59

Compensation Today

JUNE 8, 2016

By Sonnet Lauberth, PayScale Compensation Professional Today’s business leaders know that talent is critical to an organization’s current and future success. Mistake #5: Targeting too low in your market Your compensation strategy informs what market data you will use for competitive benchmarking so it’s important to get this piece right.

Talent Experience 40

Talent Experience Payscale Compensation Competencies 40

Thrive Global

MAY 18, 2020

Elena is a member of the Board of Directors at Twilio and PayScale. During that time, I learned how to be the kind of presence I wanted to be in the executive suite, while being the kind of wife and mom I wanted to be for my family. She’s taught me invaluable lessons about how to put decisions into perspective and right-size boxes.

Compliance Training 36

Compliance Training Interview Software Talent Experience Exercises 36