Compensation Today

SEPTEMBER 5, 2017

You spent some time making sure your compensation plan is current and that it prioritizes the things that drive organizational success. In HR circles, we talk a lot about getting executive buy-in, and sometimes that means proving it. Here’s how you might frame your response: “Let me share the results of the study for this position.

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HR Daily Advisor

JULY 21, 2015

In yesterday’s Advisor , we shared some of the results of our nationwide survey on HR metrics. 604 individuals participated in the HR Daily Advisor ’s HR Metrics Survey, conducted in April 2015. Turnover is clearly a very important metric for the HR professionals we surveyed—78% of participants measure it.

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SumTotal

NOVEMBER 14, 2019

HR’s role in tipping the scales. What HR can do is to help initiate, shape and nudge practices and required leadership behaviours. Merle Chen , Chief Talent Officer, The Lo & Behold Group. HR can leverage such data to develop company standards around pay. Technology has a part to play also.

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Visier

DECEMBER 1, 2020

But often, leaders “miss opportunities to unleash diverse talent at lower levels,” states DDI’s recent diversity & inclusion report , which analyzes responses from over 17,000 human resource executives and leaders globally. This could explain why representation levels are unbalanced for so many organizations.

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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? According to USA Today , the compa ratio percentage should fall between 80% and 120%, where market value is considered 100%.

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HRExecutive

NOVEMBER 8, 2024

Billions of dollars are spent on HR tech each year, representing a big chunk of many businesses’ bottom lines. According to Stacey Harris and Cliff Stevenson, analysts at Sapient Insights Group, there is a “battle brewing” between IT and HR over who controls the HR technology budget.

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Workable

NOVEMBER 7, 2017

Pay structures define employee compensation for different jobs or groups of jobs. VP of HR, CFO.) There are two ways companies can create their compensation plans for base salary: Benchmarking (or market pricing) where each job is assigned an individual salary range based on market trends. HR Manager. HR Assistant.

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Ongig

MARCH 9, 2023

There are no simple fixes, but a successful retention strategy must start with measuring the most important HR metrics. This article will explain which HR metrics matter and why you should measure them. It covers all expenses related to headcount, salary, benefits, workforce overheads, and hiring and training new employees.

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Astron Solutions

OCTOBER 9, 2024

Compa ratio is one of those tools. While it is just one element to consider when making compensation decisions, understanding compa ratio and how to use it effectively can make a positive difference in your efforts to compensate your employees fairly and competitively. Why is Compa Ratio Important? Let’s begin.

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