Remove COMPAS Remove Metrics Remove Recruiting Considerations
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The Compehensive Dictionary of HR Terms To Know [In 2024]

AIHR

This article unpacks 93 HR terms, including a usage example for each. HR term example: “Broadbanding offers flexibility in employee compensation and encourages people to develop new skills to move higher within the pay range.” HR term example: “Compassionate leave is not the same as bereavement leave.

COMPAS 113
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10 vital HR metrics to track for your business

Business Management Daily

Robust data collection and analysis helps companies see if a particular change impacts employee morale, for example. Can organizations of all sizes employ analytics to their advantage? How are organizations using HR analytics to increase employee recruitment and retention? Which hiring metrics are most important to track?

COMPAS 59
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A Comprehensive Guide to the Compa Ratio

AIHR

In its original use, compa ratio (or comp ratio, or compensation ratio) is a simple formula designed to compare an individual’s actual salary to the midpoint of a defined salary range. For example, you could use group compa ratio and other data to compare salaries in job groups to other organizations to evaluate external competitiveness.

COMPAS 111
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What Is Salary Range Penetration? Definition, Use, and Examples

AIHR

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
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5 Ways to Promote More Gender Equity in the Workplace

Visier

For instance, in the current example of Google, where the DoL is suing Google for details related to Google’s compensation data , the devil is in the details: Google may be defining — and therefore measuring — “equal pay for equal work” differently than the Department of Labor.

COMPAS 174
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5 Ways to Promote More Gender Equity in the Workplace

Visier

For instance, in the current example of Google, where the DoL is suing Google for details related to Google’s compensation data , the devil is in the details: Google may be defining — and therefore measuring — “equal pay for equal work” differently than the Department of Labor.

COMPAS 150
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Compensation Review: Your 11-Step Guide to a Fair and Effective Evaluation

AIHR

For example, their compensation may increase by a predetermined percentage for each year of employment, which in turn encourages longer tenures. Analyze roles: Review all roles, job descriptions, key responsibilities, and performance metrics. Employee tenure: Many organizations reward long-serving employees.