Compensation Today

JULY 8, 2015

By Tess Taylor, PayScale Senior Blogger and Mykkah Herner, PayScale Director of Compensation Everywhere you turn, there’s more news about big companies like Target, McDonald’s and TJ Maxx raising the minimum wage. But as any savvy professional knows, wages are only a piece of the total compensation puzzle.

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Compensation Today

JULY 15, 2016

In recent releases of the PayScale Index , we’ve noticed some continuous trends. Since 2014, we have seen HR wages rise—even rising slightly above national wages. Since 2014, we have seen HR wages rise—even rising slightly above national wages. The PayScale Index has not been adjusted for inflation and is based on actual wages.

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HR Daily Advisor

MARCH 22, 2017

According to a recent survey, released by TSheets , one-third of employers say they have paid their employees compensation time, or comp time, instead of overtime, a common violation of the FLSA. Mykkah Herner, modern compensation evangelist with PayScale, says “For some employers, the rigidity of the FLSA overtime rules can feel restrictive.

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Compensation Today

JUNE 30, 2015

Crystal Spraggins, SPHR When PayScale asked more than 5,500 business leaders the main reason their companies adjusted pay in 2015, 52 percent answered "employee performance." What other compensation strategy does all that? Doing pay for performance right Again, doing pay for performance right isn’t easy, but PayScale has your back.

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HRExecutive

NOVEMBER 15, 2017

in 2014 and 32 percent in 2015. PayScale, Inc., a cloud-based compensation data and software provider, designed the survey to identify the drivers of employee engagement. Of course, there are many factors that go into high levels of employee satisfaction.

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Compensation Today

APRIL 28, 2015

Responses from PayScale’s 2015 Compensation Best Practices Report ( CBPR) are in line with BLS reports. In addition, 55 percent of employers said their companies had grown since January 2014. And according to The PayScale Real Wage Index , U.S. And yet, many workers are still waiting for employers to “show them the money!”

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HR Daily Advisor

JULY 7, 2017

” While the People department still handles well-known HR functions such as benefits, hiring and firing, and compensation, the type of person who excels in an HR role is genuinely interested in human psychology and people motivation. years between 2014 and 2016, and this reduction in time-at-company shows no sign of stopping.

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Compensation Today

JUNE 29, 2015

By Crystal Spraggins, SPHR and Katie Bardaro, Director of Analytics and Lead Economist at PayScale The President’s proposed changes to the Fair Labor Standards Act (FLSA) are still under review , but that doesn’t mean you should forget the whole thing (tempting though that may be).

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HRsoft

DECEMBER 10, 2016

One such strategy is effective compensation planning. How Can Compensation Planning Help Improve Engagement & Retention? In response to that, about 63% of the companies have referenced retention as top focus of compensation and more than half of the companies that were surveyed use some form of pay-for-performance strategy.

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HRsoft

MAY 15, 2017

While compensation may indeed only be one piece of what works to attract and retain employees, it is quite a significant piece. In order for employees to understand their value in the organization and the fairness with which you’re compensating them, you must become transparent about rewards. Employees are Dissatisfied.

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Compensation Today

JUNE 8, 2015

The PayScale Women at Work survey indicates that less than 5 percent of all software architects are women. Advances in technology have led to a huge demand for skilled professionals, however there are still gaps between the career opportunities and compensation that women and men enjoy. Get a PayScale demo now!

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Spark Hire

JANUARY 26, 2016

Among more than 400 HR professionals surveyed in June 2014, 37 percent indicated that employees had missed work due to a financial emergency. After all, a survey of 71,000 employees conducted by PayScale this year found that a company’s ability to communicate clearly about compensation is one of the top predictors of employee satisfaction.

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Compensation Today

FEBRUARY 19, 2016

Kari Van Hoof, CCP, PayScale Compensation Professional The internet is a great and wondrous thing, where with just a few key word searches, you can find anything and everything, including pay data. Consider jobs in the oil and gas industry, where pay was hot from 2011 into 2014 but then turned downward in 2015 as oil prices dropped.

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Compensation Today

FEBRUARY 19, 2016

Kari Van Hoof, CCP, PayScale Compensation Professional The internet is a great and wondrous thing, where with just a few key word searches, you can find anything and everything, including pay data. Consider jobs in the oil and gas industry, where pay was hot from 2011 into 2014 but then turned downward in 2015 as oil prices dropped.

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Compensation Today

MARCH 22, 2016

Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger This year, we’ve seen a number of new government rules surrounding pay equity and salary transparency developing. This puts a strain on human resource compensation managers and how they must adapt compensation policies. And really, this action was long overdue.

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Compensation Today

JUNE 8, 2015

The PayScale Women at Work survey indicates that less than 5 percent of all software architects are women. Advances in technology have led to a huge demand for skilled professionals, however there are still gaps between the career opportunities and compensation that women and men enjoy. Get a PayScale demo now!

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Compensation Today

DECEMBER 7, 2016

Although we cannot say for certain what caused these changes, PayScale’s data suggest that across all industries, companies have been working for months to raise salaries above the updated rule’s threshold. PayScale #data suggests companies have been raising salaries above new proposed #FLSA threshold! Click To Tweet.

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SnackNation

NOVEMBER 23, 2015

According to a 2014 attrition survery by consulting firm Mercer , voluntary turnover is up 5% since 2011. According to a survey conducted by Payscale, the median tenure at Amazon is just one year. Compare this to Netflix’s stock plan, which empowers employees to choose a compensation mix that includes stocks that continually vest.).

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