Visier

AUGUST 22, 2017

Google is the latest company to come under fire for allegedly paying female employees less than their male counterparts , but the tech giant has refused to disclose compensation information to Department of Labor (DoL) investigators. Take steps to correct gender inequity, starting with your processes for hiring and promotion.

COMPAS 150

COMPAS Visier Hiring Software Compensation 150

Analytics in HR

AUGUST 17, 2021

There are several metrics you can use to ensure fair pay. Salary range penetration is a crucial compensation metric to help you understand and manage pay differences at your organization. Why is salary range penetration a useful compensation metric? It gives you very similar information to the compa ratio metric.

COMPAS 98

COMPAS Examples Hiring Software Compensation 98

Analytics in HR

MARCH 7, 2022

Ignoring compensation issues at your organization can lead to unhappy workers, low morale, decreased productivity, and increased turnover. Hence, your Human Resources and/or Compensation & Benefits department must ensure the compensation you offer to your employees is appealing enough to keep your team happy.

Compensation 98

Compensation COMPAS Background screening HR Planning 98

Trusaic

MARCH 5, 2024

This compensation practice is key to retaining top talent, but it’s important to keep pay equity in mind during the process. Additionally, pay increases should be determined by legitimate, compensable Wage Influencing Factors (WIFs). And this is before accounting for new hires that are brought in throughout the year.

Hiring Software 130

Hiring Software Planning Tools COMPAS Analysis 130

Visier

AUGUST 21, 2018

This means that assigning more junior staff to initially curb costs–without taking the long view first–can create surprises down the road. For professional services firms, keeping a close eye on rising workforce costs is crucial. Time is money and under-estimating workforce costs can seriously hurt profit margins.

Hiring Software 156

Hiring Software COMPAS Planning Tools Assessment Software 156

Visier

MARCH 8, 2018

Gender equity is an issue of incredible focus and debate for employers and lawmakers, particularly when it comes to compensation. Establishing an equitable pay policy is an important step forward, but the gender pay gap is more than a compensation issue. So what’s holding up progress? The Problem with Gender Bias.

COMPAS 152

COMPAS Visier HR Software Hiring Software 152

Digital HR Tech

NOVEMBER 11, 2019

Compensation and benefits refer to the benefits a firm provides to its employees in exchange for their labor. Compensation and benefits are thus a key part of Human Resource Management. In this article, we will provide you with a full guide about compensation and benefits. Contents What are compensation and benefits?

Compensation 98

Compensation COMPAS HR Planning Retention and Turnover 98

Digital HR Tech

NOVEMBER 27, 2019

The compensation and benefits manager plays a key role in coordinating the corporate compensation and benefits department. We dive into the core responsibilities of the compensation and benefits manager, take a look at his/her salary, and finish up with an example job description. What is the compensation and benefits manager?

COMPAS 54

COMPAS Compensation HR Planning Hiring Software 54

Keka HR Blog

MARCH 24, 2021

Companies must go beyond manual pay planning to explore the value of using compensation management software. In this post, we will take a deep look at the many moving pieces of the compensation strategy while analyzing whether companies should make use of a compensation solution and why. What is Compensation Management?

COMPAS 52

COMPAS Compensation Planning Tools Assessment Software 52

Keka HR Blog

MARCH 24, 2021

Companies must go beyond manual pay planning to explore the value of using compensation management software. In this post, we will take a deep look at the many moving pieces of the compensation strategy while analyzing whether companies should make use of a compensation solution and why. What is Compensation Management?

COMPAS 52

COMPAS Compensation Planning Tools Assessment Software 52

Compensation Today

SEPTEMBER 1, 2017

This is a lesson from our forthcoming ecourse on compensation analytics, and builds on our previous post on five comp analytics to track. In the last lesson, we overviewed five compensation analytics that help track whether your organization is moving in the direction you’re targeting. Compa-Ratio by Function.

COMPAS 50

COMPAS Analytics Compensation How To 50

Zenefits

FEBRUARY 7, 2023

Tracking and evaluating employee compensation metrics matters for maintaining a healthy, viable company. A company’s compensation philosophy plays into the quality of employees it keeps, how difficult retention will be, and how much competition it will face for talent. Understanding total compensation is essential.

Metrics 36

Metrics Compensation COMPAS Retention and Turnover 36

HR Daily Advisor

JULY 21, 2015

In yesterday’s Advisor , we shared some of the results of our nationwide survey on HR metrics. Today, more of our findings, including measures of turnover, compensation, and training. 604 individuals participated in the HR Daily Advisor ’s HR Metrics Survey, conducted in April 2015. Compensation-Related Metrics.

Metrics 40

Metrics HR Planning Survey COMPAS 40

Compensation Cafe

APRIL 3, 2018

Let’s look at an example: say you’re hired at the bottom of the salary range, at $80. Your compa-ratio is 80%. After three years your pay is now $90, and your new compa-ratio is 83.6%. compa-ratio will likely have you starting the new job similarly low in your new salary range. Look At The Numbers. Can you do that? -.

COMPAS 51

COMPAS Hiring Software Compensation HR Software 51

Compensation Cafe

NOVEMBER 27, 2017

Or is this skill set (interface with customers) a compensable factor at all? . Hire into the salary range. It costs a great deal more to gain a new customer than to retain an existing one. Chuck is a broad based subject matter expert with a specialty in international and expatriate compensation.

COMPAS 53

COMPAS Hiring Software Compensation Survey 53

Compensation Today

SEPTEMBER 16, 2016

I love being around ‘my people’ nerding out on compensation and proudly letting my comp flag fly. Who doesn’t love getting a little weird on free wine with other like-minded nerds who get more impassioned about range penetration & compa-ratio’s with each glass of chardonnay? 'I Those in-between times are when magic happens.

Payscale 40

Payscale COMPAS Compensation Conference 40

Compensation Cafe

MAY 31, 2018

Hire well into the salary range for qualified candidates. 1) Ensure that these positions are regularly surveyed for competitive pay practices, and then 2) Create a metric that segments the actual pay of your customer-facing employees to determine the average compa-ratio and spotlight the presence of low paid workers.

COMPAS 40

COMPAS Hiring Software Compensation Survey 40

Business Management Daily

SEPTEMBER 27, 2024

Malicious compliance often occurs as a direct result of unfavorable work environment practices like micromanagement, unfair practices, or poor compensation. Malicious com pliance can also cost companies thousands of dollars and lead to potential lawsuits, so it’s essential to take the concept seriously.

Compliance 52

Compliance COMPAS Wage and Hour Training Policies 52

Visier

NOVEMBER 28, 2018

Pay traditionally gets negotiated once at hire and any merit increases are thereafter distributed according to broadly applied policies. Whether or not these compensation policies are helping employee retention, boosting productivity, or otherwise making the best use of your compensation budget is a mystery. .

COMPAS 30

COMPAS Compensation Policies Hiring Software 30

Visier

NOVEMBER 16, 2021

It reduced its workforce planning cycle by 25%, improved the accuracy of its hiring plan from 78% to 95%, and increased the accuracy of its headcount plan from 60% to 95%. For example, if your organization needs to cut workforce costs, you’ll first want to identify where you are losing money. Link recruiting to business outcomes.

Hiring Software 282

Hiring Software Planning Tools COMPAS HR Software 282

Workable

OCTOBER 23, 2024

Compensation ratio, often known as compa ratio, will make it easy for you! Read on to what compa ratio is, its benefits, calculation formula, and a lot more. What is compa ratio? Here, compensation refers to the base, annual salary of other individuals working in similar positions in the target market.

COMPAS 62

COMPAS Compensation Analysis Hiring Software 62

HRsoft

FEBRUARY 20, 2024

How to get more out of your compensation management efforts? Learn what compensation management is and why it is important to increase employee retention , motivation, and productivity. Compensation practices continue to evolve as economic factors, industry changes and employee demands transform.

Compensation 59

Compensation Planning Tools HR Software Assessment Software 59

Visier

APRIL 7, 2021

One pragmatic use of AI would be to predict attrition with high-performing employees—and take action to retain these valuable workers. When they realized their rate of regrettable attrition had jumped from 5% to 9% in less than a year, they used Visier to find insights in their data to address the problem. The results?

HR Software 195

HR Software AI Recruiting Hiring Software Onboarding Software 195

Ongig

MARCH 9, 2023

Over $1 trillion is spent yearly in the US due to employee attrition. Beyond the financial impact, attrition also affects workplace morale, culture, company outlook, and revenue growth. There are no simple fixes, but a successful retention strategy must start with measuring the most important HR metrics.

COMPAS 59

COMPAS Metrics HR Planning HR Software 59

Compensation Cafe

JUNE 15, 2015

After many years in the compensation profession, I remain completely befuddled at the idiotic policies still blindly followed as “best practices” when they are merely popular mistakes continually repeated by a majority. serves on the Advisory Board of the Compensation and Benefits Review and will express his opinion on almost anything.

COMPAS 40

COMPAS Policies Hiring Software Recruiting Software 40

Astron Solutions

OCTOBER 9, 2024

Managing employee compensation is part of running any successful for-profit or nonprofit organization. However, without the right tools, it can be challenging to determine an employee’s compensation, adjust salaries, or overhaul your entire strategy. Compa ratio is one of those tools. Why is Compa Ratio Important?

COMPAS 97

COMPAS Hiring Software Compensation How To 97