article thumbnail

4 steps to Building a Business Case for D&I

Visier - Talent Acquisition

Underline potential benefits. If your organization works to recruit women and minorities now but fails to develop a plan to retain them, your organization won’t benefit from those efforts and will need to repeat them. Improving results, hiring faster, and saving money? Start small and prove the benefits.

COMPAS 59
article thumbnail

How Innovative Compensation Tools are Helping Companies Acquire Talent

Recruiting Daily

This is why many are investigating innovative ways to gain a competitive advantage, such as technology platforms that allow them to analyze compensation data and craft offers that have a better chance of landing new hires. which allows recruiters to offer salaries and benefits that stand the best chance of attracting and securing talent.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ask Visier: How Do You Determine if Your Organization Pays Equitably?

Visier - Talent Acquisition

Then, you can look closer at the people in your workforce and use a compa-ratio calculation to indicate how close a person’s base pay is to the pay level midpoint for their role. If you find some groups have a lower than average compa-ratio, it’s likely that pay decisions aren’t being made equitably.

COMPAS 52
article thumbnail

The Top 100 Applicant Tracking Systems in 2018

Ongig

” So, every year the Ongig team and I find the top ATS’s used by employers actively hiring…and we publish the details. Instead, we focus on the employers doing the most hiring as measured by number of open job descriptions. Google Hire. ATS Market Share by Hiring Volume. First, a bit on the criteria.

article thumbnail

How to structure employee compensation

Workable

For example, paying higher salaries than the market can result in hiring the best candidates and retaining your best employees. Also, after you readjust your salary ranges, use your pay grades’ midpoints to calculate compa-ratios for your employees. Also, those who serve as hiring managers should know the value of new positions.

article thumbnail

What is People Analytics and How Do I Get Started?

Visier - Talent Acquisition

While many organizations have digitized their transactional HR functions with tools like Applicant Tracking Systems (ATS), digital engagement surveys, and your Human Resources Information System (HRIS), the benefits of digital HR have not yet been felt on an organization level. Link recruiting to business outcomes. Tackle turnover problems.

COMPAS 75
article thumbnail

16 Essential HR Metrics Not Enough Companies Monitor

Ongig

It covers all expenses related to headcount, salary, benefits, workforce overheads, and hiring and training new employees. Cost per hire Cost per hire is the total amount spent on hiring divided by the total number of engagements. Once you have the result, multiply it by 100 to get the percentage.

COMPAS 59