Gartner ReimagineHR has come to a close! We loved connecting with everyone at the booth, after our session on pay transparency, and our Syndio dinner. 💡Highlights: The event was abuzz with talk of AI and skills — the hopes, the realities, and when the two don’t neatly align. There were nudges for HR leaders to lean into the “never normal” while being the steady hand that supports the people who are the business. Through it all one thing was clear: HR’s role continues to grow exponentially more strategic as the world opens up a new technological chapter. 🍞 Syndio’s slice : In our slice of the event, we discussed all things pay — from pay equity and pay reporting to pay communications and pay education — with industry leaders from many of the world’s greatest brands. As growing requirements propel companies into new levels of transparency, everyone is looking to learn from one another. We’re excited to host more ways for you all to connect and collaborate as you chart new courses. ➡️ Our favorite takeaway? Pay is a team sport. We loved showing Talent Acquisition and Talent Management leaders how they can make fast, smart pay decisions at scale — while maintaining fairness and improving hiring outcomes. We loved discussing pay communications with HR leaders who see transparency as a competitive advantage and a way to enhance their employee brand. And we loved talking to Total Rewards and Compensation leaders about ways to prevent pay disparities from forming in the first place, so they can confidently say: we are paying how we intend, it’s equitable, and it’s fair – every day.
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💲 In today's dynamic work environment, ensuring pay equity & transparency is more crucial than ever. 💲 By utilizing advanced technology & data analytics, organizations can uncover disparities, foster fairness, and build trust within their workforce. These tools not only help in identifying & addressing pay gaps, but also ensure compliance with evolving regulations. Embracing tech-driven solutions for pay analysis empowers companies to create a more inclusive & equitable workplace, driving employee satisfaction & overall organizational success. A Gartner survey found that simply affirming pay equity goals can increase pay equity perception by 17%. https://lnkd.in/eFFiyZkc #PayEquity #Transparency #TechSolutions #InclusiveWorkplace #HRTech #HCM #HumanResources #HR
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💫 Here’s Barley’s Weekly Comp Roundup! 📰 𝗜𝗻 𝘁𝗵𝗲 𝗡𝗲𝘄𝘀: 1. 𝗣𝗮𝘆 𝗘𝗾𝘂𝗶𝘁𝘆: Microsoft releases their 2024 Global Diversity & Inclusion Report highlighting key workforce gains and pay equity https://lnkd.in/d4mzSg9K 2. 𝗧𝗼𝘁𝗮𝗹 𝗥𝗲𝘄𝗮𝗿𝗱𝘀: How HR can craft a total rewards plan for the multigenerational workforce https://lnkd.in/gfsbwpQd 3. 𝗣𝗮𝘆 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆: Salary Transparency: Growth Slows, but Momentum Continues https://lnkd.in/eGMYJhq6 📊 𝗡𝗲𝘄 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗼𝗿 𝗦𝘂𝗿𝘃𝗲𝘆𝘀: WTW released their 2024 Global Benefits Attitudes Survey which surveyed employees globally to understand their voice on benefits, drivers of attraction and retention, and attitudes around wellbeing. https://lnkd.in/gbt_n6yt 𝗞𝗲𝘆 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: - 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗽𝗮𝗰𝗸𝗮𝗴𝗲𝘀 𝗮𝗿𝗲 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗶𝗻𝗴𝗹𝘆 𝗮𝗻 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗳𝗮𝗰𝘁𝗼𝗿 𝗳𝗼𝗿 𝗰𝗵𝗼𝗼𝘀𝗶𝗻𝗴 𝗮 𝗷𝗼𝗯: Since 2017, there’s been a 50% increase in the importance of benefits as a reason to take a job. - 𝗔𝗻 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗱𝗲𝘀𝗶𝗿𝗲 𝗳𝗼𝗿 𝗿𝗲𝗺𝗼𝘁𝗲 𝘄𝗼𝗿𝗸: Employees’ need to work from home has nearly doubled in the last two years. In addition, employees are 50% more likely to seek alternative work and 30% more likely to be disengaged when their desire for remote work is unmet. - 𝗘𝗺𝗽𝗹𝗼𝘆𝗲𝗲𝘀’ 𝗮𝗽𝗽𝗿𝗲𝗰𝗶𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲𝗶𝗿 𝗯𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗶𝘀 𝗼𝗻 𝘁𝗵𝗲 𝗿𝗶𝘀𝗲: Employees saying that their benefits package meets their needs has increased between 15-45% since 2017. 📅 𝗨𝗽𝗰𝗼𝗺𝗶𝗻𝗴 𝗘𝘃𝗲𝗻𝘁𝘀: - 𝗡𝗼𝘃 5 (𝗩𝗶𝗿𝘁𝘂𝗮𝗹): Pay Transparency: Canadian Laws and Global Trends from Fasken https://lnkd.in/gQdFG7Hj - 𝗡𝗼𝘃 6 (𝗩𝗶𝗿𝘁𝘂𝗮𝗹): Integrating AI into Total Rewards: Innovation Meets Caution from WorldatWork https://lnkd.in/eA2u8ZtX - 𝗡𝗼𝘃 12 (𝗜𝗻-𝗣𝗲𝗿𝘀𝗼𝗻 𝗶𝗻 𝗧𝗼𝗿𝗼𝗻𝘁𝗼): HR Leaders Summit Canada https://www.hrleaders.ca/
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Over the course of the past few months, TalentEdgeAI and WageScape have proudly united to transform pay transparency using advanced predictive analytics. This groundbreaking collaboration has aimed to deliver unprecedented insights and fairness to the workplace, empowering both organizations and employees. Together, we have advanced the future of pay transparency. Click the link to learn more: https://lnkd.in/eebfAvmR #Innovation #PayTransparency #PredictiveAnalytics #FutureOfWork #WorkplaceEquity
TalentEdgeAI and WageScape Join Forces to Take Pay Transparency Into the Future, with Predictive Analytics
einpresswire.com
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🚨Most organizations are still grappling with pay gaps, and leaders are increasingly recognizing the need to address this. Companies prioritizing fair pay see: 📈 Higher retention 🚀 Increased productivity 😊 Greater employee satisfaction Our latest blog post shares key strategies for maintaining pay equity: ✅ Conduct comprehensive pay gap audits ✅ Establish clear compensation policies ✅ Address identified inequities ✅ Continuously monitor practices Compensation data can be complex and difficult to manage without the right tools. Arbor's AI-powered intelligence platform gives leaders the real-time insights they need to ensure fair compensation, without countless hours of manual work. Read more here on how to ensure pay equity in your workplace ➡️ https://bit.ly/3SKxQdH #PayEquity #Analytics #AI #FairCompensation
Ensuring Pay Equity In Your Workplace
findarbor.com
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𝐄𝐥𝐞𝐯𝐚𝐭𝐞 𝐅𝐚𝐢𝐫𝐧𝐞𝐬𝐬, 𝐄𝐥𝐞𝐯𝐚𝐭𝐞 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞: 𝐓𝐡𝐞 𝐏𝐚𝐲 𝐄𝐪𝐮𝐢𝐭𝐲 𝐄𝐪𝐮𝐚𝐭𝐢𝐨𝐧 In the intricate tapestry of workplace dynamics, pay equity isn't just a numbers game; it's a people-centric approach that defines organizational integrity and employee trust. Our latest blog post explores the need for ongoing pay equity reviews, not only as a legal imperative, but also as a strategic advantage for 𝐭𝐚𝐥𝐞𝐧𝐭 𝐫𝐞𝐭𝐞𝐧𝐭𝐢𝐨𝐧 and 𝐞𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭. Discover how a blend of performance-based rewards, comprehensive financial incentives and a robust, automated HR tool can create a culture of fairness that resonates throughout your organisation's hierarchy. 👉 Dive into the full article https://lnkd.in/dPzNx_Pk #TalentRetention #EmployeeEngagement #PayEquity
The Human Side of Numbers and Pay Equity
talentia-software.com
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Pay transparency dominated the conversation at WorldatWork Total Rewards ‘24. The biggest surprise? After years of hiding, shame, and risk mitigation with lawyers, the script has officially flipped. Leaders in Compensation and Talent at the world’s best known brands have taken the reins. The best leaders are: - owning their own data and analytics, and using that information to make systematic change - moving beyond just pay equity to achieve opportunity equity, too - talking about how rewards work at their companies and proving that they're consistent and fair — to their advantage. How? They use technology. Not backroom, backward-looking analysis. This gives them direct access to information they can explore, explain, learn from, and act on. This is the system we built and I couldn’t be more proud that Syndio is at the heart of these changes, enabling many of the world’s biggest and most admired companies to do things differently. Zack Vinton at Walmart, Beth Leff at Dow, Hywel Jones at TD SYNNEX, Lynn Moffett at BMC Software, Athar Siddiqee at Micron Technology, and Warren Mueller at FTI Consulting were onstage telling their stories and sharing how they did it, and we’ve summarized their insights in the article below. Thank you — we are so inspired by your leadership in building the durable and equitable workplaces of the future. See link in comments!
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Learn about organizational adaptation, leveraging surveys, and examples like flexible benefits. 🚀 Exciting insights from the Compensation Insider episode! 🌐 Sandrine Bardot explores the rising demand for personalized Total Rewards in HR. 🔗 [https://lnkd.in/g8FpBYRA] 🌐 Organizations tackle HR strategy challenges amid shifts in skills and demographics. Priorities include adapting communication, navigating social media, and enhancing the Employee Value Proposition (EVP). Overcoming challenges demands context comprehension and a transparent EVP.-by Nadia Georgali 🔗 [https://lnkd.in/gvmCpz4k] 💸 Aviso Wealth and others reevaluate pay practices. Aviso's proactive pay transparency aligns with sustainability, involving redesign, education, and internal sharing. Explore the path to pay transparency here by Stephen Male, CHRP 🔗[https://lnkd.in/gYGVARYu] 📊 BambooHR's 2023 report reveals 82% prioritize salary transparency. Employers disclosing ranges address pay gaps, but raise privacy concerns. Balancing transparency, privacy, and clear communication is crucial- by Jerry D. 🔗 [https://lnkd.in/gRJmdmDe] 💡"Empowering talent with EmployeeEngagement: Aligning HR Strategies to business goals, we're building a culture that values each experience. Our aim? A deeply engaged workforce driving organizational success. -by Dileep Joshi 🔗 [https://lnkd.in/gMYeXSRH] #CHRO #TalentRetention #OrganizationalCulture #BusinessSuccess" 💬 What are your thoughts on the future of Total Rewards and HR strategies? Share below! #HRInsights #TotalRewards #PayTransparency #CompensationPhilosophy #EmployeeEngagement #HRStrategy #FutureOfWork 🌟
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Field Marketing | Sales Development | Marketing Operations @ beqom | Driving Revenue Growth
🌟 Excited to announce our upcoming webinar tackling two vital issues in today's workplace: Pay Equity and Pay Transparency! Join us for "A Data-Driven Approach to Conquer Pay Equity and Pay Transparency" hosted by WorldatWork on May 9th, 2024, at 12:00 PM ET. In this session, we'll discuss our unique data-driven approach to measuring the adjusted pay gap, which is essential for understanding compensation disparities. But we won't stop there - we'll also explore strategies to sustain fairness over time. Led by industry experts David Anderson, Associate Professor of Analytics at Villanova University School of Business, and Aisling Teillard, Chief Customer Officer at beqom, this webinar promises invaluable insights into navigating the complexities of pay equity in the modern workforce. Don't miss out on learning how to address and sustain pay equity, understand the impact of pay transparency on your compensation strategy, and equip your organization with the tools to attract and retain top talent. Register now to secure your spot: https://lnkd.in/d49fUM5m #PayEquity #PayTransparency #WorkplaceEquality #DataDriven #Webinar #HR #CompensationStrategy #WorldatWork
A Data-Driven Approach to Conquer Pay Equity and Pay Transparency | WorldatWork
worldatwork.org
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Broker Partner | Helping Companies Open Up Cash Flow, Increase Revenue, & Minimize Risk | BAHRA VP of Memberships | Community Leader
Yesterday, I was able to get insight from our local chapter, Boulder Area HR Association (BAHRA), on Pay Transparency and the strategies that create stability within organizations. Denise Liebetrau, MBA, CDI.D, CCP, GRP did a wonderful job of expressing many different ways in which to come up with strategies to convey these pay gaps and challenges that many organizations face. Make sure to contact her if you are looking on how she can help you with a more hands on approach. One thing that she mentioned that resonated with me and what I do is to leverage the technology that you have in place in order to not just tell your executives, but show them to convey your message to leave a more meaningful impact. ADP's DataCloud is a major differentiator in our technology that can give you these insights and be able to create real time visual tools to show your executives the why behind the business case you are trying to convey. Ping me for more details if any of this resonates with challenges you may be facing conveying this information to your executive team.
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Benchmarking Specialist @ HR DataHub | Empowering HR and Reward professionals, transform their HR Practices
Transparency is a game-changer in the workplace. At HR DataHub, we've implemented pay transparency, and the results speak for themselves: increased trust, improved morale, and a stronger sense of fairness across the board. 🤝 👇Check out this great blog by Alexa Grellet #PayTransparency #HRDataHub #WorkplaceCulture
How Pay Transparency transformed our workplace culture and boosted trust at HR DataHub
hrdatahub.com
Provides software solutions + advice to help companies use rewards analysis and insights to drive business outcomes
3w"Pay is a team sport," yes!! Thank you for these great insights, Gartner ReimagineHR is such a terrific space to learn so much about what leaders and doing and the next trends.