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grew for the eighth consecutive quarter, according to the newly updated PayScale Index. The typical employees earning power is holding steady and is up slightly from a period of depressed and stagnant real wages from 2013 – 2015. Learn More About Our Compensation Software. Download the Q2 2017 PayScale Index. GET A DEMO.
percent annually in the first quarter of 2017, according to the newly updated PayScale Index , but slowed from Q4 2016. The labor market is in transition from the post-election bump in Q4,” said Katie Bardaro, VP of Data Analytics and Lead Economist at PayScale. Learn More About Our Compensation Software. PayScale Index.
Hedge Stahm, Marketing Segment Manager, PayScale Human capital is a company’s most important asset. To keep employees engaged and productive, companies must compensate them appropriately—without overpaying them and running the risk of eroding the bottom line. Impact on revenue Compensation is directly tied to your revenue.
In recent releases of the PayScale Index , we’ve noticed some continuous trends. Here’s a little more information about the PayScale Index: since 2006, PayScale has tracked quarterly compensation trends—including changes in total cash compensation for full-time, private industry employees in the United States.
Apparently 44 percent of surveyed HR pros said their company is either providing or subsidizing the use of standing desks this year (only 13 percent said as much in 2013). One thing I thought would be interesting to check, though, is our data set on rewards from PayScale’s 2017 Compensation Best Practices Report.
This is a question that the executive team at HPM Building Supply , a 95-year veteran of the building material industry in Hawaii, was asking itself in 2013. In September, Jeracah was invited to speak at PayScale’s Compference 2016 in Seattle, Washington, to a group of HR and compensation professionals. Click To Tweet.
According to a new report released by PayScale, Inc., PayScale’s “Inside the Gender Pay Gap” report examined data collected from approximately 1.4 employees between July 2013 and July 2015. putting family first can be costly—literally. million full-time U.S.
Arguments FOR the existence of the skills gap Regardless of company size, 51 percent of respondents to PayScale’s 2015 Compensation Best Practices Report agreed with the statement, “There is a lack of qualified applicants for our open job positions.” In fact, according to PayScale's Real Wage Index , real U.S. Who’s right?
For instance, in 2013 the Pew Research Center analyzed the US Bureau of Labor Statistics data. This year, Payscale released a report reviewing gender pay gaps and racial pay gaps. The ratio of the median earnings of women to men when considering compensable factors also decreased, but only by $0.01 Pay Equity. since 2015.
of businesses using it, based on their examination ending in March 2013. Writing for PayScale in February 2015, Tess C. Taylor says a weekly pay schedule is positive for compensation management, too. The Bureau of Labor Statistics (BLS) collects data about payroll and pay periods. Weekly pay periods were used by 32.4%
You may also want to include information about compensation and any remote work perks (and benefits) like wellness app subscriptions, gym memberships, professional development opportunities, or remote work stipends. ” (source: PayScale Careers ). ” (source: PayScale Careers ). source: Unsplash ).
How to add it to your company culture: Although employees think the mission and values of the company they work for are important, a majority don’t know what that mission entails, a 2013 survey from TINYpulse found. Among survey respondents, just 42 percent knew the mission, vision, and cultural values of their organization.
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