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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.
This past week Ongig released their 2017 version of The Top Applicant Tracking Systems Annual Report. I’ll say WorkDay gets in under ‘fastest’ growing, but only because they convert their HRIS clients over to the recruiting product. I love this report because there’s nothing else like it on the planet!
Although compensation analysis can be a complex process, it is a necessary tool to ensure fair workplace practices and contribute to your employee engagement strategy. Some companies already have compensation analysis software that helps with this, or others use a spreadsheet with data from their HRIS. Choose the right technology.
This past week Ongig released their 2017 version of The Top Applicant Tracking Systems Annual Report. I’ll say WorkDay gets in under ‘fastest’ growing, but only because they convert their HRIS clients over to the recruiting product. I love this report because there’s nothing else like it on the planet!
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.
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