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

Analytics in HR

Compa ratio Compa ratio , also known as a comparative ratio, is a metric that compares an individual’s or group’s salary to the midpoint of a defined salary range. HR term example: “The HR department analyzed the compa ratio to assess the fairness of our salary distributions.” ” 10. ” 13. ” 14.

COMPAS 89
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10 vital HR metrics to track for your business

Business Management Daily

Rigolizzo about what HR professionals need to know about this vital tool. Dr. Rigolizzo: Particularly within HR, data analytics is essential and not something HR has traditionally used as a key tool, but the use of data to make decisions is becoming commonplace, and therefore HR data analytics careers are in high demand.

COMPAS 59
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OFCCP Compliance: Proactively Prepare for Compensation Audits

Trusaic

Item 22 is new and requires employers to provide documentation demonstrating their compliance with their obligation to evaluate whether their compensation system has gender, race, or ethnicity disparities. Another newly added requirement is Item 21. OFCCP compliance: “One to watch?”

COMPAS 130
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HR technology in 2024: What to look for

HRExecutive

, I have been pulling together reflections on HR and HR technology in 2023. Advertisement - While exercises like this are interesting and fun, they can also help frame the development of HR and HR technology strategies for the coming year and beyond. . 1 topic in 2024.

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LaRocque: Why HR needs a strategy for evaluating tech startups, scaleups

HRExecutive

There has been a remarkable surge in both global spending and funding for HR technology in 2021. Sapient Insights reported in its latest HR Systems Survey that 2021 was up 57% over last year on the spending front. Global funding is even more jaw-dropping. HR needs some new tech to deliver on the future of work. Author George LaRocque.

COMPAS 115
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The 100 HR Indicators Every Manager Needs to Know

EmployeeConnect

Recruitment #5. HR #1 – Demographic Indicators Number of employees Median age Median length of employment Median salary Gender diversity (i.e. # of women vs. # of men ratio) Diversity (i.e. of men ratio) Diversity (i.e. Organisational Structure #3. Productivity #4. Internal Movements #6. Performance #8.

COMPAS 100
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Pitchfest showcases innovation in return at HR Tech

HRExecutive

The annual Pitchfest competition made a mighty comeback at this year’s live HR Technology Conference & Exposition® with 33 start-ups vying for $30,000 in prize money donated by Randstad Innovation Fund, as well as booth space at next year’s HR Tech Conference. Ben Brooks, CEO of coaching platform Pilot, Inc., Consult.),