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Beauty and Brains: Anatomy of a Modern Employee Survey that Actually Fixes Workforce Problems

Kanjoya

We’re able to identify 70+ different HR themes — from compensation to work/life balance to teamwork) and 100+ emotions (like appreciative, confident, worried). Modern employee surveys have come a long way from the dreaded multiple choice questionnaires of the past. Today, these sleek digital surveys feature inviting user interfaces, which help boost employee participation. It’s not.

Survey 155
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Transform ‘OK’ managers into great managers with data

Kanjoya

As a result, many companies tie managers’ compensations and promotions to their teams’ engagement and feedback. Build your managerial bench strength by delivering personalized, actionable, and timely insights for professional development. Many people have worked for OK or good managers, but few are lucky enough to have worked for a truly awesome manager. I was fortunate. What’s going well?

Data 128
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Capturing employee feedback? Pointless, unless you interpret it quickly and accurately – and respond!

Kanjoya

Our text analytics algorithm automatically classifies whether the employee is discussing benefits/compensation, leadership, teams, or other HR-specific topic. Kanjoya Perception for Employee Engagement gives you the power to capture employee feedback and interpret it for meaning and intent — at scale. We help you ask traditional multiple choice, ranking, and other categorical questions.

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Build a better workforce by unlocking qualitative, text-based data with Kanjoya Perception for Workday

Kanjoya

Are they happy with compensation? benefits/compensation? As competition for talent intensifies, business and HR leaders are scrambling for insights to attract, retain, and motivate the right employees. Surveys are a great start. What you really need is the power to understand what employees think and feel, and how this impacts what they do in their jobs and with their careers.

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The Performance Management Storm: Four Macro-Trends Driving the Change

have evolved, the basic tenet of “rate and compensate”. development and compensation in a. 1Why Your Company Will Need to. Rethink Performance Management eGuide Part 1: The Argument. for Change 2 3About this Guide Organizations are increasingly. moving from traditional performance. management systems (organized as. an annual review process) to newer. performance development systems.

Why You Should Prioritize Your Employees’ Professional Development

Kanjoya

Growth and development opportunities were more important to candidates than compensation, benefits, and company culture! A constant challenge for managers is balancing immediate concerns with employee development and growth. Too often, in the rush to meet deadlines, prepare deliverables, and focus on direct revenue producers, we don’t find the time to discuss our reports’ career goals and development. Instead, we put these conversations on the back burner, and relegate them to the periods, once or twice a year, when performance reviews take place. But how do we make time for it? 1.

It’s Employee Appreciation Day – What Do Your Employees Appreciate Most?

Kanjoya

In fact, although employees often say that compensation is one of the important things that make them happy in their jobs, our results showed that: Employees are 200% more likely to want transparency over money. But as long as you’re compensating fairly, then the most important things a company can provide are things that money cannot buy — namely being transparent, giving employees greater responsibility and providing them with more say in what they do and in the organization’s mission. We focused specifically on U.S. What actually improves their happiness and well-being?

Analyzing Glassdoor Open-Ended Reviews: The Key Step to Managing Your Company Reputation

Kanjoya

These categories include standard discussion points like benefits, compensation, and management. “Glassdoor information is useful, but it keeps me up at night,” admitted an HR Director to me last week. And yet, negative ratings and reviews may contain kernels of truth, or even a genuine picture, of issues that hurt the employee experience and merit a close investigation by business leaders.

Kanjoya and Twitter Co-Present New Model of Employee Engagement: An (Even) Better Workplace and a Competitive Advantage

Kanjoya

For example, employees may rank compensation as a high driver of engagement, but other factors may be more important to their employment decisions. Kanjoya and Twitter Co-Present New Model of Employee Engagement: An (Even) Better Workplace and a Competitive Advantage. Kanjoya CEO Armen Berjikly and Twitter Director of People Analytics Shane McCauley took the stage at the HCI Summit in early April to present Twitter’s new model of employee engagement, powered by the Kanjoya Perception™ solution. The may not know what truly drives their engagement. Want to learn more about Perception?

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The Performance Management Storm: Four Macro-Trends Driving the Change

have evolved, the basic tenet of “rate and compensate”. development and compensation in a. 1Why Your Company Will Need to. Rethink Performance Management eGuide Part 1: The Argument. for Change 2 3About this Guide Organizations are increasingly. moving from traditional performance. management systems (organized as. an annual review process) to newer. performance development systems.

Workday Rising 2015: Kanjoya spotlights data science capabilities that reveal employee motivations and intent

Kanjoya

Kanjoya Perception — built from proprietary research in natural language processing and machine learning — analyzes employee feedback (captured in surveys, social channels, or any other data source) and identifies, in real time: Themes/concepts discussed: Our solution determines whether text is about benefits/compensation, leadership, or any of 70+ other HR-specific themes.

The “Best Friend at Work” Question in Employee Surveys: Why It Matters

Kanjoya

Still others may offer the opportunity to work with a rockstar boss or for a generous compensation package. Before I became a manager, I was always puzzled whenever I would be asked, in employee surveys, if I felt I had a best friend at work. Why would my employer care? Through my experiences as a manager and as a professional working with employee engagement solutions, I’ve learned why. Having a best friend indicates engagement, which in turn, correlates with productivity and other performance metrics. In fact, barring a “major” personal loss, I would be mortified if I cried at work.

Five Signs You Need a New Employee Survey Technology, Analytical Solution, or Both

Kanjoya

Unleash insights to the line managers and leaders who can impact employee engagement with solutions that have: Pre-built dashboards, designed to address the needs of specific job functions: Some Employee Engagement solutions have out-of-the-box dashboards for roles such as data analysts, compensation analysis, diversity managers, etc. Surveys and analytics are tools; they are not solutions.

Survey 2
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Workday Selects Kanjoya as Connect Partner to Deliver People Analytics Platform

Kanjoya

Before the launch of Perception, businesses that modeled the drivers of business metrics (like productivity) analyzed the impact of only quantitative or categorical metrics (such as compensation band, employee ratings) and demographic or segment data. Kanjoya is proud to announce that we have been selected as a Workday Connect partner. What is the financial impact of their departures?

Leaving performance reviews behind: Where to start [Guide]

prioritizing them over compensation and. 1Making Dynamic Performance. Development a Reality eGuide 3Introduction Does your organization want to adopt. more dynamic approach to managing. performance and developing employees? We see a stampede of organizations. moving in this direction. At the same. time, we also see that, all too often, managers in such organizations are simply. guidance.”.

Total Compensation Definition: Understanding Compensation Communication

HRsoft

Digging deeper, the survey also found this: 66% of respondents feel that they are not being adequately compensated and do believe that basic pay is something that drives their decision to quit or stay. What is Total Compensation? But there is so much more to the concept of compensation than mere dollars and awards. That is one in every five employees contemplating a shift.

Compensation Planning Automation

HRsoft

Compensation planning plays a pivotal role in ensuring that your employees remain motivated to work for your company. Your best performers are always looking for the next best company where their talents can be better recognized and compensated for. Traditional Compensation Planning. Crafting a good compensation plan is always easier said than done. Learn More.

Who Cares About Compensation?

Compensation Cafe

What if you worked in an organization where the Head of Human Resources didn't view the Compensation function as vitally important to the organization? So What's Wrong With Compensation? For some reason these HR leaders consider the Compensation function at best a necessary distraction from the business of Human Resources.  Of course I have my opinions, but it's just that. 

The Objectives of Compensation Management

HRsoft

Compensation happens to be the largest expense that an organization can directly control. Why Is Compensation Management So Complicated? With so many requirements and criteria to juggle, there is no doubt that compensation planning is a complicated area to manage. Compensation not only has to be fair, it also needs to be externally competitive.

Objectives of a Compensation Management System

HRsoft

Compensation was and always will be one of the biggest factors influencing employee engagement and thus retention. Not only is compensation critical to boosting employee morale it is also the largest expense in an organization that can be directly controlled. This eliminates the risk of compensation related disputes that are expensive and damaging to company reputation.

Why Your Compensation Management is Failing to Attract and Retain

ClearCompany HRM

Compensation – it is so tightly connected with performance management, attraction and retention. Ventana research revealed the top goals for compensation management among the companies they studied are to better align the workforce to strategy and goals while improving efficiency. Employee Retention Talent Attraction Compensation Talent Lifecylce Compensation Management

How to Update Compensation Without Performance Ratings

Reflektive

But for many companies, removing ratings puts compensation into a black box — employees don’t know how their raises and bonuses will be decided, possibly undermining the goal of removing ratings. Here are some ways you can determine compensation without annual performance ratings. Employees who decide their own compensation are more invested in their company and have higher performance, according to Lisa White, CEO of White Andreetto. Companies are advised to give best practices to managers on how to divide up compensation among their team. Click To Tweet.

Top 3 Compensation Considerations for Employers

ClearCompany HRM

Payroll is commonly the highest business expense, and compensation is far from being a cut and dry number. Compensation There are so many factors that go into calculating the actual cost of each and every employee. So, that $30,000 salary might be more in the realm of $44,000+ in total costs to the organization.

Salary, Health Benefits Top the Compensation List

The Business of Talent Management

Make no mistake: When it comes to employee compensation, salary and health care still take the cake. Employers overwhelmingly rank salary and health care benefits as the areas of their compensation package that are most important to employees, according to a recent survey by Human Capital Media Advisory Group, the research arm of Talent Management magazine.

How do Compensation Planning Tools work?

HRsoft

Compensation today has moved far beyond the mere exchange of money for talent (or time). high quality compensation plan must be able to: Make the most of each budget allocated to each department and employee. What Makes a Compensation Plan Strategic? It benchmarks employee salaries – Salary benchmarking is a critical part of a strategic compensation plan.

Choosing The Right Compensation Planning Tools

HRsoft

Before choosing the perfect compensation management tool, it is important to understand what should be expected from such a platform. As a matter of fact, compensation planning systems do the following: Allows HR to execute the strategies they so painstakingly brainstorm. Choosing The Best Compensation Planning Tools For Your Organization. Comp planning has come a long way.

Recruiting High Performers: Compensation Out, Compassion In

ClearCompany HRM

They’re still trying to attract high performers with compensation , and this isn’t the way to go about it. Every company wants high performers. They’re more productive, highly driven, can save you money on hiring and, if you can keep them around long enough, they have the potential to do great things for your organization. What’s the key to recruiting high performers ? Compassion.

What Employees Want: The Future of Compensation

Everwise

Not much new thinking has gone into the standard compensation package since the invention of the 401(k) plan , nearly 40 years ago. With the changes made by the Obama administration in healthcare and equal and overtime pay , employees can make more life choices outside the corporate compensation model than ever before. Until now. The game has changed. The new normal. Looking forward.

Taking Care of Compensation

Thought(ful) Leadership

Gerry O''Neill CEO at Curo Comp The majority of companies find the annual compensation review cycle to be exhausting, manual, time consuming and with a massive administrative overhead. As I look at the rapidly evolving Talent Management (TM) market and the products now available in the market, compensation appears to be the ‘problem child’ – the last big one to be addressed.

How Is Compensation Like Dating?

Compensation Cafe

But when, after a bit, our employee/date brings up compensation, it quickly becomes clear that the courtship is over. Show me that you've heard me by giving me more of what matters the most to me -- cash compensation." news, odds are we may not be able to get away with our same old compensation habits much longer. Base Salaries Compensation Communication Total Rewards

A Clear View of the Talent Lifecycle: Compensation [Part 5]

ClearCompany HRM

The average time-to-hire is at a 5 year high, and the skill gap is widening; employers are having a harder time than ever managing the balancing act that is compensation. With 52% of employers ranking hiring and retaining talent at the top of their business challenges, it is vital to get compensation right. Talent Lifecycle Compensation

Compensation Planning to Retain Top Talent

TalentGuard

Consider how compensation planning and management factors into every facet of an individual business. But you can’t just give employees greater responsibility and compensation if they are not ready for it. The dangled carrot in addition to a larger role is the increased compensation. Request a Compensation Planning Demo. That’s a tenure of about three years.

11 Reasons Your Equity Compensation Survey Data is Wrong

Compensation Cafe

And, with equity compensation the final answer is even squishier than other types of compensation. Equity compensation really is that messy. It is (at least) variable, variable, variable, variable, variable, variable, variable, variable, variable, variable, variable compensation. That’s right, it’s at least eleven times as fun as basic variable compensation.

The Beowulf of Compensation

Compensation Cafe

No compensation plan, philosophy or process is interesting enough to be carried down through 10 years of oral history, much less 1,000 years. But, a seemingly large number of companies are crippled by processes, plan details and compensation philosophies that depend on a tradition of oral history. Being a compensation professional is difficult. Let’s first state the obvious.

Compensation Will Be Just Fine Without Your Dysfunctional Performance Appraisals

TLNT: The Business of HR

Compensation Compensation & Benefits Evaluations, Reviews & Appraisal HR Insights HR Management Incentives Pay for Performance Performance & Personality Performance Management Retention & Engagement Talent Management FeaturedI have been calling for the death of traditional, scored performance appraisals for a long time.

Compensation Considerations in Attracting Top Talent

TalentGuard

Consider how compensation planning and management factors into every facet of an individual business. Compensation history, industry comparisons, and pay for performance are all items that should be considered before you extend and offer. For more compensation planning best practices, view the resources in our Compensation Planning Learning Center. Skipping Steps.

5 Steps For Compensation Across Generations

ClearCompany HRM

As such, compensating the college grad and the executive, and everyone in between means taking on few different steps in the process. Here’s how to distribute employee compensation fairly across the board: Culture EmploymentPeople of all ages and from all generations spend their days working. They may work the same, but they’re at different steps in their lives.

Compensation Planning to Incentivize Top Talent

TalentGuard

Consider how compensation planning and management factors into every facet of an individual business. Give them ultimate target goals, with high compensation rewards , rather than micromanage them to do things the company way. Thus with more people knowing the value of your employees, it’s important to get their perspective on how much you should compensate them to stay around.

Why the Pay-for-Performance Compensation Strategy Fails

ClearCompany HRM

Tips Strategy Employment Workplace Compensation HR Emplyee RetentionWhen a market leader implements a model , others follow. After seeing how pay-for-performance has worked out at Apple, for example, other companies may want to follow suit. Pay-for-performance in particular is a tempting model because it promises maximum pay for minimum investment.