Analytics in HR

JULY 31, 2023

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. This may include implementing wellness initiatives to address mental health, for example.

HR Planning 68

HR Planning Resources Hiring Software Onboarding Software 68

Analytics in HR

FEBRUARY 27, 2023

Employee retention : Monitor, analyze and report employee turnover rates Review compensation and scheduling guidelines to align with today’s workforce Plan and launch employee retention programs and initiatives to reduce turnover. They must also keep up with the latest technology and know-how to perform their jobs well.

Talent Experience 94

Talent Experience Hiring Software Staffing Software HR Planning 94

Analytics in HR

JANUARY 25, 2022

Thorough compensation planning allows your organization to create compensation systems that reward employees fairly and support business goals. What exactly is compensation planning, what are its objectives, and how do you go about compensation planning in practice? Contents What is compensation planning in HR?

HR Planning 126

HR Planning Planning Tools Compensation Hiring Software 126

Cornerstone On Demand

NOVEMBER 10, 2015

" The lack of communication around compensation leads employees to make their own assumptions about their worth — and how their paychecks stack up to their peers. Together, these findings underscore the importance of clear and honest communication with your employees about their compensation and their value within the company.

Payscale 170

Payscale Globoforce Compensation Talent Management 170

Analytics in HR

OCTOBER 27, 2023

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?

Compensation 116

Compensation Wage and Hour Training COMPAS Bonuses and Incentives 116

HR Lineup

JANUARY 16, 2023

Payscale is a website that allows individuals to research and compare salaries for different jobs and industries. The site is designed to provide users with accurate and up-to-date information on salaries, benefits, and other compensation data. Payscale also offers a variety of tools and resources to help users navigate the job market.

Payscale 52

Payscale Hiring Software Compensation Interview Software 52

Compensation Today

FEBRUARY 23, 2017

At PayScale, we think the way you pay says a lot about you as an organization. Compensation should be a reflection of and an extension of your culture. In PayScale’s 2017 Compensation Best Practices Report (CBPR), we found that 57 percent of organizations agree that compensation is becoming more important to their executives.

Compensation 88

Compensation Strategy Bonuses and Incentives Payscale 88

Compensation Today

MARCH 17, 2017

Last month when PayScale published the 2017 Compensation Best Practices Report (CBPR), research showed that 40 percent of all organizations provide total compensation statements. What Is a Total Compensation Statement? Learn More About Our Compensation Software. The Wrong Way to Communicate Compensation.

Compensation 101

Compensation Hiring Software Payscale Compliance Training 101

Compensation Today

MARCH 20, 2017

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.

Compensation 81

Compensation Strategy Hiring Software Planning Tools 81

RecognizeThis!

APRIL 18, 2016

Benchmarks and best practices can give company leaders insight into what those around them are doing, how much they are spending, and how well they are performing. High performers are also more likely to adopt a mindset in which people are valued and engage in more transparent communication around compensation.

Compensation 80

Compensation Payscale Benchmarking Data 80

Analytics in HR

MARCH 7, 2022

Ignoring compensation issues at your organization can lead to unhappy workers, low morale, decreased productivity, and increased turnover. Hence, your Human Resources and/or Compensation & Benefits department must ensure the compensation you offer to your employees is appealing enough to keep your team happy.

Compensation 98

Compensation COMPAS Background screening HR Planning 98

Compensation Today

MAY 15, 2017

In years past, PayScale has faced crossed arms, skepticism, and comments like, “I don’t believe in user-submitted data,” because we were doing something different (innovating?) in the world of compensation management. Of course, we have changed too, as we deliver on our vision for modern compensation. Not this year.

Compensation 84

Compensation Payscale Trends ATS 84

Compensation Today

MAY 3, 2017

In a prior life, I did compensation and HR for a nonprofit. Anyone who has worked in a sales organization knows that you don’t compensate sales the way you do the rest of the organization, or medical staff the same as office staff, or faculty the same as staff. Learn More About Our Compensation Software. Click To Tweet.

Compensation 70

Compensation Payscale Benchmarking HR Software 70

Compensation Today

JANUARY 3, 2017

As a word nerd, I looked up the various and alternative definitions for “resolution,” the first two of which work well for our purposes: a) the act of analyzing a complex notion into simpler ones and b) the act of answering: solving. Without further ado, Compensation Resolutions 2017: seven ways to start the new year right!

Compensation 81

Compensation Compliance Training Payscale Zenefits 81

Analytics in HR

JUNE 22, 2022

In the competitive candidate market, organizations need to get their compensation strategy right. That’s why a compensation analyst is a fast-growing role and a career path worth considering. Let’s explore the role of a compensation analyst and how you can become one. Contents What is a compensation analyst?

Compensation 97

Compensation HR Planning HR Software Interview Software 97

Digital HR Tech

NOVEMBER 11, 2019

Compensation and benefits refer to the benefits a firm provides to its employees in exchange for their labor. Compensation and benefits are thus a key part of Human Resource Management. In this article, we will provide you with a full guide about compensation and benefits. Contents What are compensation and benefits?

Compensation 98

Compensation COMPAS HR Planning Retention and Turnover 98

Compensation Today

MAY 8, 2017

Compensation structures continue to evolve, and they usually do so to help organizations keep current with both market and workforce trends. Some may wonder what compensation structures are. Loosely, “compensation structure” refers to the various ways that companies can organize their pay practices. Click To Tweet.

Compensation 85

Compensation Hiring Software Company Planning Tools 85

HRExecutive

OCTOBER 21, 2020

In line with her career-long interest in D&I, PayScale in August published a report called How to Pay Remote Workers, which suggests that remote work could foster more diversity and help close racial and gender pay gaps even after the COVID-19 threat has passed. “I couldn’t see that visibility of their performance.

HR Software 135

HR Software Payscale Onboarding Software Talent Experience 135

Compensation Today

APRIL 26, 2017

While they have done much to repair the damage, a recent development highlights how this is not only affecting their external customer satisfaction policies but their internal compensation policies as well. Let’s examine their decision more closely to see what we can learn from their executive compensation plan change.

Compensation 70

Compensation Payscale Bonuses and Incentives Metrics 70

15Five

OCTOBER 30, 2023

Employee turnover is an increasingly significant challenge across nearly every industry, and the decline started well before the Great Resignation. MIT’s Sloan School of Management found that a toxic company culture was ten times more likely to contribute to turnover than compensation. years to 4.1

Retention and Turnover 246

Retention and Turnover Strategy How To Onboarding Software 246

Accendo Technologies

SEPTEMBER 25, 2024

Written by Sheu Quen • 4 minute read • September 25, 2024 Are your employees satisfied with their compensation, or are they looking elsewhere for better offers? That’s where a competitive compensation package comes in. Our article explores the vital role that well-designed compensation packages play in retaining talent.

Compensation 52

Compensation Bonuses and Incentives Wage and Hour Training Payscale 52

Extensis

FEBRUARY 9, 2023

And while much progress has been accomplished over the years to shine a light on the multiple facets of Black health and wellness in the workplace, we acknowledge there is still much to uncover, amplify, question, and correct. Here’s how you can increase support for Black health and wellness in your workplace starting now.

Wellness 98

Wellness Assessment Software HR Software Planning Tools 98

HRsoft

SEPTEMBER 28, 2020

While compensation may indeed only be one piece of what works to attract and retain employees, it is quite a significant piece. In order for employees to understand their value in the organization and the fairness with which you’re compensating them, you must become transparent about rewards. Employees are Dissatisfied.

Payscale 98

Payscale Compensation Survey Software 98

Compensation Today

JULY 5, 2017

You may ask, how is product management like compensation management? Building a product and managing compensation for an organization are not projects — they’re ongoing endeavors that are continuously improving and delivering. How Agile Facilitates Easier Compensation Planning. Learn More About Our Compensation Software.

Compensation 70

Compensation Change Management Benchmarking Planning Tools 70

Compensation Today

APRIL 27, 2017

When I began working with the organization, their nurses were paid well above market due to the practice of paying for any certifications, relevant or not. In PayScale’s 2017 Compensation Best Practices Report we learned that about half of healthcare organizations (49 percent) will compensate more for competitive jobs.

Compensation 61

Compensation Certification Hiring Software Payscale 61

Compensation Today

DECEMBER 29, 2016

At PayScale we’ve had a fun year keeping you all up to date with the haps. PayScale counts down the top 16 blog posts from 2016! Have you wondered what types of non-cash alternatives companies are using to compensate employees? It also gives a few non-cash compensation options for you to explore. #15: Click To Tweet. #16:

Compensation 57

Compensation Payscale Conference Report 57

Compensation Today

OCTOBER 2, 2017

During “ Designing an Incentive Plan That Moves the Needle ,” Brooke Birdsong , Director of Total Rewards at Associa, will share different incentive plan designs, as well as how to start building one that’s unique to your organization. Innovation in PayScale Data”. Don’t miss a single minute — the session starts at 10:30 am.

Payscale 52

Payscale How To Time and Attendance Data 52

Compensation Today

AUGUST 21, 2017

In our first diversity and compensation post , we covered how to identify and resolve inequities within your current compensation practices, as well as the pros and cons of a self-audit. We (reasonably) expect to receive some sort of compensation in exchange for our efforts. Learn More About Our Compensation Software.

Compensation 67

Compensation Diversity Hiring Software eBook 67

Compensation Today

JULY 26, 2017

As a PayScaler and a people manager, one of my all-time favorite features of our PayScale Insight product is the (newly updated!) Employee Compensation Report , which enables managers to communicate with employees about their total compensation reports. DO: Share total compensation reports with your employees.

Compensation 62

Compensation Report Payscale Bonuses and Incentives 62

Affinity HR Group

JUNE 14, 2024

But don’t relax too much – compensation is still important. In a recent Compensation Best Practices Report published by Payscale, a majority of employers reported compensation as their biggest challenge – a bigger challenge than either recruitment or retention. Pay transparency is often driven by legal requirements.

Compensation 52

Compensation Hiring Software Recruiting Software Payscale 52

Compensation Today

NOVEMBER 2, 2015

Jenni Marquez, CCP, PayScale Compensation Professional Wow! Can you believe it that we’re half way through our 4-Part Comp Glossary bringing you closer to ‘comp’lete mastery of the compensation language?! Why it matters: The midpoint of your range is probably one of the more important details in your compensation plan.

Payscale 40

Payscale COMPAS Compensation Groups 40

Compensation Today

NOVEMBER 2, 2015

Jenni Marquez, CCP, PayScale Compensation Professional Wow! Can you believe it that we’re half way through our 4-Part Comp Glossary bringing you closer to ‘comp’lete mastery of the compensation language?! Why it matters: The midpoint of your range is probably one of the more important details in your compensation plan.

Payscale 40

Payscale COMPAS Compensation Groups 40

TLNT: The Business of HR

MAY 4, 2017

PayScale has produced its 8 th annual in-depth report on compensation best practices: Comp is Culture. If you have anything to do with paying people – so, that’s virtually every manager, everywhere – reading this report will be well worth your time.

Payscale 78

Payscale Compensation Report Wellness 78

HRsoft

APRIL 1, 2019

Enterprise compensation management (ECM) refers to the ways in which pay policies are administered, organized, and automated in companies. Because compensation accounts for a significant portion of overall business costs – up to 70% – it’s important to ensure pay is achieving what it’s intended to do.

Compensation 55

Compensation Planning Tools Retention and Turnover Payscale 55

HRsoft

APRIL 22, 2019

Enterprise compensation management (ECM) refers to the ways in which pay policies are administered, organized, and automated in companies. Because compensation accounts for a significant portion of overall business costs – up to 70% – it’s important to ensure pay is achieving what it’s intended to do.

Compensation 55

Compensation Planning Tools Retention and Turnover Payscale 55

HR Daily Advisor

APRIL 11, 2017

There are several differences between how top-performing companies handle compensation and how typical companies approach the issue, according to the results of a recent survey. The webinar discussed the findings of the organization’s recent compensation survey, which asked 7,700 Human Resources professionals about their pay practices.

Compensation 54

Compensation Payscale Company HR Planning 54

Compensation Today

JULY 17, 2017

In the 2017 Compensation Best Practices Report , PayScale found that 89 percent of organizations reward and/or recognize performance in some way. In the 2017 Compensation Best Practices Report, PayScale found that 89 percent of organizations reward and/or recognize performance in some way. GET A DEMO.

Bonuses and Incentives 81

Bonuses and Incentives Payscale Planning Tools Compensation 81