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Topic: Technology
Number of pages / Number of words: 22 / 6088
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In fact, HR professionals are discovering that benchmarking is not only useful, but also necessary to stay competitive in today’s business world (Greengard, 1995). As noted by Greengard (1995, p. 64), “rapidly advancing technology, new ways of tackling work and leading-edge management approaches translate into a far greater need to understand the people side of business and to align HR with company goals”...


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As benchmarking is becoming more prevalent in the area of HR, studies are becoming available that allow companies to compare their performance to that of other companies. Mahoney argues that benchmarking compensation and bene?ts is important, but that it takes more to attract and retain the best possible talent...


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