Business goals require regular planning and adjusting. Within this planning should be scheduled compensation reviews to ensure they remain effective and aligned with the needs of your business. Compensation management and alignment is an unmissable step in business planning. How you’re paying your employees will determine whether you’re remaining competitive in the market and attracting and retaining top talent. In this article, we’re going to explore how to schedule regular compensation reviews, company budgets, and the checklist of focal points in your review. Identifying Your Business Needs... view blog & white papers details

In the world of compensation management, 2024 is shaping up to be a year of big changes. From pay transparency laws to new approaches for variable pay, companies will need to stay on top of emerging trends. Staying up to date with the new trends is vital for attracting and retaining top talent. This article explores pay developments shaping HR strategies and priorities in 2024 and beyond. Whether it is rethinking pay equity analysis or utilizing pay data analytics, this year promises exciting innovations. And these changes will transform how companies think about rewarding performance. The Lat... view blog & white papers details

As companies try to find the best talent, it is important to make the recruitment process as smooth and efficient as possible. This is where candidate talent sourcing tools play an essential role. These tools not only make the process easier but also make it faster, which can help you find the right candidates for your company. Keep reading to find the best talent sourcing tools in 2024. What Is a Talent Sourcing Tool? A talent sourcing tool is like a special computer program or platform that helps you gather and organize potential job candidates. It is super handy for companies that prefer to... view blog & white papers details

Getting your sales performance data and analytics strategy right is crucial to making the most of your sales team. But with so many tools, techniques, and approaches out there, it can be tricky to figure out where to start. For this reason, this guide may be of important use. This article lays out three pro tips from analytics experts to help sales managers plan an effective data strategy. From picking the right metrics to choosing analytics software and dashboards, it has actionable advice. The tips aim to help managers align analytics with sales objectives, engage reps, and turn insights int... view blog & white papers details

Companies have been using calibration processes to evaluate employees for years. Managers gather to assess workers and assign them ratings based on undisclosed standards. Those who experienced it know how subjective and political it feels. The good news is that calibration may not be around for much longer. But is it for the better? The Pitfalls of Subjectivity in Performance Reviews Performance reviews can be tricky. It is hard to judge and compare people fairly. Own biases and feelings often influence people’s opinions. Subjectivity in ratings and comparison can cause: Bias and Unfair Assess... view blog & white papers details

Want to know how much your actual salary is? You’ve come to the right place. Salary.com has been digging through compensation data for over 20 years. This software provides information on salaries for different jobs and locations, based on factors like education, experience, and skills. With Salary.com’s data, learn how salary surveys can help you determine fair pay and make informed career decisions. In this article, discover how Salary.com collects and analyzes data to give you an advantage in compensation-related discussions. You will also get some practical tips on how to effectively use t... view blog & white papers details

Are you planning to ask for a salary raise or looking to change careers? Salary data is your best resource to negotiate for competitive pay. But where can you get reliable salary data? Fortunately, there are many free websites with comprehensive salary databases and tools.  From national averages to location-specific numbers, this article highlights the best websites for salary data. Read on to discover where you can uncover salary secrets and arm yourself with the data to get the pay you deserve. What Are Salary Data Websites? The internet holds a lot of salary data, if you know where to find... view blog & white papers details

When it comes to conducting a pay equity analysis, you can break it down into five steps. Set clear objectives, collect the data, establish comparable groupings, conduct an analysis, and take the necessary actions. Sounds simple when you put it that way, right? Pay equity, however, isn’t just some simple matter. It’s significantly important in today’s workforce, with more companies striving for fairness. Everyone deserves fair pay. Therefore, it’s crucial that organizations take their pay equity analyses seriously. In this article, we’ll offer a comprehensive guide to conducting a pay equity a... view blog & white papers details

Hiring can be time-consuming. Working through hundreds of resumes and making decisions can exhaust human resources. Thankfully, recruiting automation tools are here to change talent acquisition. Focus on hiring people by automating resume screening and candidate ranking with these tools. Recruiting automation makes hiring the right candidates easier than ever. If you're still hiring manually, you may consider trying these tools. Read on to embrace the future of recruiting. Ways Recruiting Automation Tools Assist in Talent Acquisition Recruiting automation tools change the game in talent acquis... view blog & white papers details

Hearing about hiring is music to the ears of employees seeking new career opportunities at new companies. For human resources (HR) professionals, it is a challenge. Hiring the best talent on the job market is like discovering new stars, planets, and galaxies. There are millions of professionals. But you have to make sure to hire the ones suitable for the job roles. Before announcing hiring at the company, HR professionals review the areas they need to consider. Without assessing the structures and other concerns, issues may arise in the future. What Does Hiring Mean to You? Hiring is the proce... view blog & white papers details