We are constantly improving our award-winning CompAnalyst platform with new functionalities that are designed to help you get the right price, for the right job, every time. In this new series, we’ll be highlighting some of our recent enhancements, and demonstrating how they can help your organization navigate today’s rapidly evolving talent market. Earlier this summer, we released our compensable factors functionality, built to help our customers tailor benchmark jobs to more accurately reflect their internal job descriptions. This new functionality illustrates the impact that certain pricing... view blog & white papers details

How performance-based incentives work Performance-based compensation comes with unique benefits. Firstly, it is often a cause of great motivation for employees. With a clear line between effort and reward, it gets high productivity out of the workforce. It has positive knock-on effects throughout the company. For example, it can promote an efficient work environment, and promote positive competition. It makes compensation calculation easy to measure, and straightforward for employees to understand. It encourages a high performance, initiative-taking work culture. However, performance-based com... view blog & white papers details

When it comes to project management, resource leveling can make a big difference. But what exactly does it mean, and why should project managers prioritize it? In this article, we’ll cover the basics of resource leveling—what it is, why it’s important, and how you can use it to make your projects run more smoothly. Whether you’re a newbie project manager or an experienced professional, you’re sure to pick up some useful tips. What Is Resource Leveling? Resource leveling is the process of optimizing how managers allocate resources to various tasks in a project plan. It helps prevent overallocat... view blog & white papers details

Managing compensation is a tricky balancing act for organizations. You must offer competitive salaries to attract and keep top talent while also managing labor costs effectively. How do companies find the right balance and get the best value for their money? This article will explore five proven strategies that can help companies improve their compensation and control expenses. Top #1: Establish a Compensation Strategy Compensation strategy is a vital part of effective compensation management. This means figuring out how your pay plan fits with your company's goals. For example, will you focus... view blog & white papers details

There has been a growing trend of people working from wherever they want. Coffee shops buzz with people typing away on their laptop computers, and coworking spaces are popping up everywhere. Companies need to keep up with these trends to attract and retain top talent. Offering a laptop computer as an employee benefit empowers the team and boosts productivity. Giving employees the flexibility and tools to work from anywhere conveys trust and commitment to work-life balance. Read on to learn more about why providing a laptop computer as an employee benefit is a key to success. Importance of Lapt... view blog & white papers details

Did you know that automating parts of the recruiting and hiring process can save you time? It can also improve candidate selection. If you’re wondering where to start, here are the ten most crucial automated recruiting facts to guide you. Let’s dive in and explore the world of automated recruiting. Defining Automated Recruiting and Its Importance Automated recruiting uses software to help companies source and hire new talent. It streamlines the hiring process and finds top candidates. This section emphasizes the importance of technology in the HR department. Automated tools can post jobs to mu... view blog & white papers details

Sometimes it can be hard to relate to workers in industries other than your own, even when your chosen profession is the same. People get consumed with industry-specific day-to-day details, and the challenges and struggles they feel are particularly unique to them. At the end of the day, however, everyone is looking to do similar things: work efficiently, meet business and personal goals, save time, and do a good job. With all these commonalities, we have the potential to learn from one another. If you’re lucky, your corporate mission may even be something you find personal fulfillment in, and... view blog & white papers details

Spreadsheets are handy for many business processes, but they can be risky when you use them for things they are not meant for. One big issue is making mistakes when typing in data or doing calculations. It is easy to mess up, especially when you are in a hurry. Plus, spreadsheets lack security features, so any important info can be at risk. And because spreadsheets do not have strict rules in place to keep things in order, errors can slip through unnoticed. That means people can end up using wrong or outdated data without even realizing it. Plus, spreadsheets are not the best at digging deep i... view blog & white papers details

There is no doubt that money is flowing well these days in the engineering field. Engineering salaries have skyrocketed over the past few years. Whether you are a software engineer pulling in the big bucks or an electrical engineer working on the forefront of new technologies, it is a great time to be in the field. Knowing the forces behind this boom helps job seekers position themselves to take advantage of it. It provides insight as well into whether the trend will continue. Take a deep dive into the growth in engineering salaries, the key factors driving it, and what it means for the future... view blog & white papers details

The world of business is undergoing a profound transformation through the integration of artificial intelligence (AI), and the recruitment landscape is no different. AI-powered recruitment involves utilizing AI technologies to streamline and improve different stages of recruitment, ranging from candidate sourcing and evaluation to interview facilitation, and final hiring choices. This article explores the possibilities that AI brings in the whole recruitment process. What is Artificial Intelligence Recruitment? AI recruitment is the integration of technology, data analysis, and algorithms to o... view blog & white papers details