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What It Is, and How It Can Aid the Total Rewards Function , Workspan Daily article;How to Source and Analyze Data to Increase Business Insights and Impact , on-demand webinar; Meg Bear is a true expert when it comes to human capital management (HCM) technologies and their implementation.

In smaller businesses, data can be disrupted by one bad apple or disingenuous responder, Lamm said, so the data alone cannot be taken as gospel but must be intelligently analyzed.

For example, Collinson urges employers to consider conducting an employee survey with the ability to analyze results by generation and/or age range.

The assessment should seek to: Clarify the corporate growth strategy driving revenue goals;Compare plans to sales compensation leading practices for each unique job;Analyze the connectivity between seller performance and earnings;Identify key opportunities for program improvement.; This assessment phase will likely help companies gain deeper insight into sales compensation plans and the associated program costs.

As always, solicit feedback directly from your own workforce — regularly gather insights from your employees and analyze data on the usage of existing offerings, Spencer said.

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“The benchmarks from our vendor have other companies reporting 16% of employees recognized and 6% giving recognition,” she said.

With that, business owners must pay close attention to any vendors or contractors they use in business to make sure they will not be deemed to be unintended employers of those workers.

Examples: Large group meetings, external vendor conflicts, etc.

Most organizations and vendors are still experimenting, but CHROs need to be open to reimagining work, processes and talent to truly harness AI’s value.”