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In Embrokers 2024 survey of more than 200 lawyers , we found that 78% of law firms arent using AI, with many citing hesitancies like data privacy, misuse or unintended consequences, and security vulnerabilities. The Correctional Offender Management Profiling for Alternative Sanctions (COMPAS), an algorithm some U.S.
As an HR leader for your organization, you know that employee compensation is not just something you determine when you hire a new team member and then forget about. In fact, the performance rating taken in tandem with an employee’s compa-ratio reveals a fuller picture. What is Compa-ratio? 875 x 100 = 87.5% 958 x 100 = 95.8%
Whether the recruiter lists the wage as an hourly, weekly, monthly, or hourly rate, candidates see it as the most critical part of any job offer. However, you’d be hard-pressed to hire an accountant for minimum wage. A compensation specialist will use salary surveys to help her determine a market rate.
For example: if you increase your grade midpoints 3% every year while the average employee gets a 4% pay increase, the average worker's Compa-Ratio will only improve one percent per year. James (Jim) Brennan was Senior Associate of ERI Economic Research Institute , the premier publisher of interactive pay and living-cost surveys.
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