Remove Comparison Remove Compensation Remove Succession Planning
article thumbnail

HRIS Requirements Checklist: A Guide for Getting Started

Analytics in HR

Insurances PTO Travel compensation Retirement plans Employee wellness programs. You can also use it to run reports for skills inventories and succession planning. An HRIS should govern benefits administration. Compliance. Compliance is an HRIS requirement that can be twofold. Time and attendance management.

article thumbnail

12 Types of HR Reports For Better Business Decisions [+ Free HR Board Report Template]

Analytics in HR

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 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Use Cohort Analysis for Better Workforce Decisions

Visier

Talking compensation and promotions with your employees can be a tricky business, yet many managers make these costly (and sometimes time-sensitive) people decisions based on hallway conversations and gut feel. Here are some common scenarios where data-driven cohort analysis can aid in making better decisions: Improving Compensation Reviews.

Analysis 105
article thumbnail

How To Use Cohort Analysis for Better Workforce Decisions

Visier

Talking compensation and promotions with your employees can be a tricky business, yet many managers make these costly (and sometimes time-sensitive) people decisions based on hallway conversations and gut feel. Here are some common scenarios where data-driven cohort analysis can aid in making better decisions: Improving Compensation Reviews.

Analysis 201
article thumbnail

The Compehensive Dictionary of HR Terms To Know [In 2024]

Analytics in HR

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 89
article thumbnail

Annual Incentive Compensation: A Complete Guide

Decusoft

Annual incentive compensation programs represent an enormous opportunity for motivating employees and executives to do their best work. In this blog post, we discuss annual incentive compensation including recent trends, policy changes among shareholder advisory groups, and challenges compensation committees face.

article thumbnail

Maximizing the Effectiveness of 4 Common 360-Degree Feedback Strategies

DecisionWise

Likewise, allowing them to select their own raters, giving them complete and sole control of their reports, providing them with coaching resources, and relying less on benchmark comparisons are all things you can do to communicate through the process that the 360 is being administered for the purpose of individual development.