Remove Administration Remove Benchmarking Remove Compensation Remove Succession Planning
article thumbnail

The Supreme Guide to Sales Compensation in 2023 (With Plan Examples) 

AIHR

Are you looking to create a sales compensation plan for your company? organizations spend more than $800 billion each year to manage their sales force, with $200 billion devoted solely to compensation. Contents What is sales compensation? Sales compensation is a critical aspect of B2B organizations.

article thumbnail

21 Highest-Paying HR Jobs in 2023

AIHR

Skills required to earn within the 75th percentile: Human resource expertise: Solid HR knowledge of talent acquisition, performance management, compensation and benefits, employee relations, talent development, and workforce planning. They design, implement, and monitor employees’ equity and compensation plans.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

What Is Human Resources?

AIHR

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. Overall, HR Management’s role extends beyond administrative functions.

article thumbnail

Human Capital Management (HCM) Software For Enterprises In 2022 & Beyond

Walk Me

Companies also needed a feature to leverage employee records for succession planning as part of the workforce planning strategy. Software managers can add and monitor specific goals and record the employee’s benchmarks to show their progress. Compensation management. Continuous professional development (CPD).

article thumbnail

Could Your HR Job Be Automated in the Next 10 Years?

AIHR

Beyond recruitment, businesses also utilize HR technology to help with employee onboarding, leave and expense management, payroll, benefits administration, employee performance tracking, and other processes. HR administrative and process support roles. Almost a third of the HR roles analyzed are at high risk of automation.

article thumbnail

What is HR Analytics? All You Need to Know to Get Started

AIHR

For example, if you want to optimize succession planning, the right question could be, “Which employees have the highest potential for progression and leadership?” However, certain circumstances may require incorporating external benchmarking data. For this reason, you need to start with the end goal in mind.

article thumbnail

HRIS 101: All You Need To Know in 2024

AIHR

This system helps companies manage and automate core HR processes, such as: Employee data management Benefits administration Payroll processing Time and attendance management Reporting and analytics Employee self-service In the past, HRIS software used to be on-premise, meaning that it ran on the company’s own technical infrastructure.