Netchex HR Blog

SEPTEMBER 27, 2024

Bonus pay is additional compensation provided to an employee. Adding payroll history into your new payroll software facilitates more accurately calculated taxes and deductions, as well more detailed and useful payroll data and reporting. Gross pay is the amount that employees receive before deductions.

Payroll 103

Payroll Hiring Software Onboarding Software Planning Tools 103

Visier

JUNE 5, 2018

more likely to report high emotional exhaustion than nurses who experienced heavy workloads less frequently.”. I cannot stress enough the importance of moving beyond reporting into analysis to see the hidden patterns that are driving turnover and if possible, move to machine learning-based predictive analytics.

Analytics 88

Analytics Staffing Software Planning Tools HR Software 88

Keka HR Blog

MARCH 31, 2023

The criticality of HR reporting for an organization’s success cannot be overstated. In fact, organizations that make use of HR reporting are more likely to be successful in achieving their business goals. We’ll explore the world of HR reporting further in detail and help you optimize your HR function and drive business success.

HR Software 52

HR Software HR Planning Hiring Software Report 52

HR Digest

APRIL 8, 2025

Whether youre looking into the BambooHR and Workday comparisons to understand which one fits you best or you just need to gain a sense of top HRIS platforms and the benefits they offer, we should be able to help you understand these tools better. What to Look for While Making HRIS Comparisons in 2025?

HR Software 52

HR Software Hiring Software Onboarding Software Recruiting Software 52

UKG

AUGUST 16, 2023

The UKG Ready ® People Insights module includes three new benchmarking features that have been released over the last six months—the Compensation, Staffing Summary, and Time Summary Benchmarks. All jobs within the UKG Ready solution are automatically classified into predefined Job Classifications to allow for simple comparisons.

UKG 52

UKG Benchmarking Staffing Software Hiring Software 52

Peoplebox

DECEMBER 26, 2024

This makes comparisons between candidates more objective and discussions more productive. Equation: Performance Score + Ramp-up Time + Engagement + Cultural Fit Number of Factors Measured Offer acceptance rate Companies seeing the highest acceptance rates consistently provide clear role expectations and transparent compensation discussions.

Talent Acquisition 52

Talent Acquisition Hiring Software AI Recruiting Interview Software 52

Compensation Cafe

FEBRUARY 20, 2020

In my last blog article , I explained how you can cut and paste your way to a compensation philosophy. In comparison, strategic insights occur when you put your compensation practices and philosophy in a new light, where the illumination falls on the challenges your company will face tomorrow. Don't know where to start?

HR Planning 59

HR Planning Compensation Hiring Software Strategy 59

Peoplebox

DECEMBER 28, 2024

This makes comparisons between candidates more objective and discussions more productive. Equation: Performance Score + Ramp-up Time + Engagement + Cultural Fit Number of Factors Measured Offer acceptance rate Companies seeing the highest acceptance rates consistently provide clear role expectations and transparent compensation discussions.

Hiring Software 52

Hiring Software AI Recruiting Interview Software Recruiting Software 52

HRExecutive

MARCH 23, 2020

I think in part that comparison is apt. It is expected that when new data from the BLS is reported, the pandemic might be the single most devastating job-loss event in our lifetimes. 11 was awful, here is just one bit of context to help understand how the comparison of the pandemic to that incident is not a perfect one.

HR Software 101

HR Software Staffing Software Assessment Software Comparison 101

AIHR

JULY 27, 2021

You can also use it for tracking and reporting purposes. Insurances PTO Travel compensation Retirement plans Employee wellness programs. An HRIS can be designed to send alerts for reporting due dates and when action must be taken to abide by any regulation changes. Employee information management. Financial/Payroll management.

HR Software 105

HR Software Onboarding Software Staffing Software Planning Tools 105

Visier

OCTOBER 22, 2021

Indeed, hybrid work is upending traditional compensation strategies, and employers need all the decision support they can get. It can also help align the decisions of individual people managers with a broader framework for compensation that is designed for equity and fairness. AI is a powerful tool for standardizing job titles.

AI Recruiting 195

AI Recruiting Compensation Visier Comparison 195

Decusoft

SEPTEMBER 17, 2024

When workplaces reflect the diversity of their communities and compensation is awarded fairly, employees are more satisfied with their jobs and stay longer with their companies,” says Decusoft President Jim Weber. The preset dashboards give every Compose user the critical information they need about employee composition and compensation.

Hiring Software 52

Hiring Software Planning Tools Compensation Strategy 52

AIHR

MAY 29, 2024

HR terms list Compensation & Benefits terms 1. HR term example: “Broadbanding offers flexibility in employee compensation and encourages people to develop new skills to move higher within the pay range.” ” Learn more Compensation and Benefits Digital HR terms 11. ” 2. ” 7. ” 10.

COMPAS 113

COMPAS HR Software HR Planning Hiring Software 113

Bayzat

OCTOBER 31, 2024

Attracting the best talent and holding onto the existing top performers means the company will need to have an attractive compensation package within its staff retention and hiring plan. Falling out of touch with what makes a strong employee compensation package may mean your company is losing its competitive edge.

Compensation 52

Compensation 10KC Talent Experience Bonuses and Incentives 52

Trusaic

MAY 10, 2022

As part of the new pay transparency law, organizations must publish the salary range, as well as “ all of the benefits and other compensation to be offered ” in every job listing. . Employers with operations in Washington state should begin analyzing their compensation systems now to prepare for the new salary range disclosure requirements.

Compensation 243

Compensation Comparison Diversity Productivity 243

HRExecutive

JANUARY 10, 2025

Close behind, AI, performance management and compensation management were nearly tied for third place. Sapient Insights 20242025 HR Systems Survey Report, 27th Annual Edition reveals that 22% of organizations are unaware of the AI or machine learning capabilities in their current HRMS. By comparison, the Whats Keeping HR Up at Night?

HR Software 120

HR Software AI Recruiting How To CHRO 120

ConnecTeam

MARCH 2, 2025

Reporting : It allows you to filter reports in multiple ways for a more detailed analysis. Reports should also be exportable. Free trial: 30-day free trial Free plan: Yes Paychex Flex Best for: New-hire reporting to government agencies. Customizability : Its customizable to suit your team structures.

HR Software 52

HR Software Hiring Software Planning Tools Payroll 52

Trusaic

JULY 13, 2021

Earlier this year we spoke in a webinar on pay data reporting with Hacking HR. The focus of our presentation related to California’s SB 973 and the employee pay data reporting requirements. . See below answers to six questions we were asked during the webinar: Q: We report under one FEIN but have over 100 locations.

Report 130

Report Data Wage and Hour Training Comparison 130

Decusoft

JANUARY 9, 2025

When workplaces reflect the diversity of their communities and compensation is awarded fairly, employees are more satisfied with their jobs and stay longer with their companies, says Decusoft President Jim Weber. The preset dashboards give every Compose user the critical information they need about employee composition and compensation.

Compensation 52

Compensation Hiring Software Planning Tools Trends 52

MP Wired For HR

APRIL 8, 2025

Unlocking Success: The Power of Pay Transparency April 8th 2025 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn Pay transparency refers to the practice of openly sharing information about employee compensation within an organization. Additionally, 82% of U.S.

AI Recruiting 78

AI Recruiting Recruiting Software Payroll HR Software 78

ConnecTeam

MARCH 9, 2025

Reporting : It allows you to filter reports in multiple ways for a more detailed analysis. Reports should also be exportable. Free trial: 30-day free trial Free plan: Yes Paychex Flex Best for: New-hire reporting to government agencies. Customizability : Its customizable to suit your team structures.

HR Software 52

HR Software Hiring Software Planning Tools Payroll 52

AIHR

JUNE 13, 2024

In its simplest form, a compensation philosophy summarizes an organization’s guiding principles around employee salaries and benefits. Some companies do this exceptionally well, and you’ll find 14 of the best compensation philosophy examples below. Contents What is a compensation philosophy?

Compensation 119

Compensation Examples Bonuses and Incentives HR Planning 119

Workable

JUNE 11, 2019

Businesses operating off the beaten path can’t afford to keep up with the Joneses when it comes to compensation, making it easy for prospective employees to overlook these options. While lowered rents in those far-off places are great for business, they lead to another sticking point: Salary. Welcome to paradise.

Hiring Software 91

Hiring Software Strategy Recruiting Software Staffing Software 91

Peoplebox

FEBRUARY 28, 2025

Offers compensation insights for real-time salary benchmarks. Provides analytics on employee sentiment and competitor comparisons. Allows employees to scan receipts for quick expense reporting. Provides robust reporting and analytics tools to track recruitment performance. Why Choose It? Why Choose It?

Video Recruiting 59

Video Recruiting AI Recruiting Recruiting Software HR Software 59

AIHR

SEPTEMBER 29, 2021

A compensation philosophy guides your organization in creating fair, transparent compensation programs and helps you attract and retain employees. Learn about the different types of compensation philosophies, components of a compensation philosophy, how to create your own, and how to measure its effectiveness.

Compensation 109

Compensation Bonuses and Incentives How To Hiring Software 109

Trusaic

APRIL 1, 2021

A UK-based contributor to Lexology reports, “With racial equality more in focus than ever through the Black Lives Matter movement, we should expect to see the pressure for change in this area to continue.” The Lexology article also notes that, in the United Kingdom, “some large employers have started to report on their own figures.

Report 130

Report Metrics Analysis Diversity 130

Decusoft

MAY 20, 2021

It is important to conduct compensation data audits frequently in order to produce an equitable and appropriate compensation plan. A comprehensive salary report offers the facts and insights needed to make critical choices on executive pay and overall benefits. What Are The Benefits of Compensation Analysis ?

Analysis 96

Analysis Compensation HR Planning Bonuses and Incentives 96

DecisionWise

OCTOBER 13, 2020

For example, if you say to a participant that the 360 is being run purely for individual development, and you provide a copy of their report to their manager, the employee will see an ulterior motive other than their own development. In some cases, performance reviews are co-created between the manager and the direct report.

Assessment Software 290

Assessment Software Strategy Planning Tools Competencies 290

AIHR

OCTOBER 24, 2024

For example, data from exit interviews shows that people leave mainly because their compensation isn’t in line with the rest of the market. You can then see how you can start improving your compensation packages and eliminate it as a cause for unwanted turnover. Are they unhappy with their compensation?

Retention and Turnover 98

Retention and Turnover Hiring Software Interview Software How To 98

AIHR

AUGUST 5, 2024

How satisfied are you with the compensation and benefits offered by the company? How happy are you with your current salary and compensation package ? Is there clear and accessible reporting available for incidents of discrimination or bias? How often are you expected to assume responsibilities outside your job scope?

Survey 105

Survey HR Software Planning Tools Background screening 105

Decusoft

MARCH 9, 2021

Building a robust compensation management plan is critical for organizations in 2021. A well-researched compensation management plan allows you to meet goals around pay equity and other critical factors while retaining talent and rewarding employees for work well done. What is Compensation Management? .

Compensation 98

Compensation Hiring Software Planning Tools HR Planning 98

Trusaic

JULY 15, 2019

Include personnel who understand your organizational functions, data sources, hierarchies, and compensation structure and philosophy across departments. The team will determine the scope of the audit, including the compensation measures to be analyzed, workforce segments, the number of employees, locations, and lines of business.

Comparison 130

Comparison Analysis Assessment Software Compensation 130

AIHR

OCTOBER 25, 2022

An annual HR report is a way to showcase to your stakeholders the value that HR brings to the business. An essential part of developing an impactful annual HR report is including the right metrics to clearly quantify how HR is impacting strategic goals and organizational performance. What is an annual HR report?

HR Planning 116

HR Planning Metrics Report HR Software 116

Trusaic

SEPTEMBER 10, 2020

The Pay Transparency Act would require employers with 100 or more employees to submit “Pay Transparency Reports” by March 15 each year. Such reports must contain details of the employer’s workforce compensation as well as pay differences with respect to gender, and other protected characteristics.

Comparison 130

Comparison Assessment Software Planning Tools Discrimination 130

Cornerstone On Demand

OCTOBER 14, 2015

Coworkers don't swap stories about their monthly paychecks; friends don't bring up money over happy hour; and even married couples aren't clear on compensation. With communication on compensation becoming the new norm, employers need to adapt — both culturally and legally.

HR Software 170

HR Software How To Compensation Comparison 170

Decusoft

APRIL 1, 2021

What is Executive Compensation? . Executive compensation programs are influenced by a variety of factors today. As a compensation manager, your primary concern should be the alignment of pay and performance. Compensation Strategy Allocation . Compensation Strategy: Salary Ranges. Total rewards.

Compensation 98

Compensation Bonuses and Incentives Strategy HR Planning 98

HR Lineup

DECEMBER 11, 2024

This can make the recruitment process more cost-efficient, especially in comparison to commission-based models, where the cost can quickly escalate based on the candidate’s salary. Track Time Diligently : Both parties should agree on how time will be tracked and reported. How to Set and Manage Hourly Rates?

Recruiting Software 97

Recruiting Software Recruitment Hiring Software Bonuses and Incentives 97