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Tech is changing the game for compensation managers

HR Brew

Gone are the days of sifting through Excel cells or binders to audit employee compensation on a once-a-year basis. The proliferation of pay data makes HR’s role more complex, but technology has also evolved to meet the needs of today’s compensation managers. We used to get binders,” he said. “We Now, everything is electronic.”

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What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Administers employee benefits and compensation that enhance employees’ satisfaction and financial security.

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Top M&A News in the HR, Recruiting and Benefits Space | 2016

Advos

Salary.com Founding Team Acquires Compensation Portfolio From IBM. PayScale acquires Denver salary data company. CBIZ Acquires Leading Carolinas-Based Payroll Provider Flex-Pay Business Services. SterlingBackcheck Completes Merger with TalentWise. Kronos Acquires Empower Software Solutions. Gallagher & Co.

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Talent Acquisition

Analytics in HR

The work of the HR department includes hiring, onboarding , payroll and benefits, training and development of employees, offboarding , and more. Your employer brand is much more than the compensation and benefits you offer to employees. In general, strategic talent acquisition is part of a broader talent management strategy.

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Compensation and Benefits

Analytics in HR

What is compensation and benefits? Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. Overall compensation is the top factor that job seekers consider when accepting a new job. What is the difference between compensation and benefits?

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Get Me a Compensation Strategy, STAT!

Compensation Today

One intentional decision that too many companies aren’t making: establishing their compensation strategy. PayScale’s 2017 Compensation Best Practices Report (CBPR) found that just 37 percent of all organizations have a comp strategy. What is a compensation strategy? Click To Tweet.

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Nuances of Nonprofit Compensation: 2017 Compensation Best Practices

Compensation Today

In a prior life, I did compensation and HR for a nonprofit. As a grantmaking foundation, if we didn’t have cash, not only could we not pay our operating and payroll expenses, we couldn’t do our core work. That said, for their competitive roles, nonprofits are willing to compensate more (42 percent of nonprofits vs. 51 percent of all).