Remove 2015 Remove Bonuses and Incentives Remove Payscale
article thumbnail

Seasonal Hiring Steady for 2015 Holiday Season, but is Pay Spiraling Downward?

Compensation Today

Taylor, PHR, SHRM-CP, PayScale Senior Blogger This time of year always sees an increase in hiring additional people to cover the busy holiday season, at least on a temporary basis. To offset low wages, employers often turn to seasonal worker incentives and bonus programs based on worker performance. per hour, which is down from $17.50

Hiring 40
article thumbnail

Bonuses Remain the Top Priority for Raising Compensation

Compensation Today

Taylor, PHR, SHRM-CP, PayScale Senior Blogger Recently, I wrote about the sluggish state of the US economy and its impact on wages for the third quarter of 2015. Are employee bonuses the new compensation strategy? Will more employers offer bonuses? But, I neglected to mention one thing. They can also be creative.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Designing Competitive Compensation Packages to Retain Talent

Accendo Technologies

Larger companies offer a mix of performance-based bonuses, stock options, flexible benefits, and comprehensive retirement plans. These are designed to ensure financial security and offering incentives for long-term loyalty. Leverage Total Rewards Packages Define and communicate what your total rewards philosophy is.

article thumbnail

Want to upgrade compensation best practices? Then Take Our Survey!  

Compensation Today

PayScale invited more than 250,000 professionals and business executives to participate in our 2017 Compensation Best Practices Report (CBPR) survey. More than a quarter of organizations surveyed give team incentive bonuses. Top-performing companies were those industry-leaders that exceeded revenue goals in 2015.

article thumbnail

Chasing Best Practices

Compensation Cafe

Research from the firm PayScale may help to answer at least some of those questions, with their annual analysis of compensation trends and activity. It turns out that high performers are more likely to provide pay increases (90% compared to 84%), bonuses (81% compared to 74%), and are also likely to leverage more of a compensation mix.

article thumbnail

Total Reward Statements—Show Employees You’re Invested in Them

HR Daily Advisor

Need to revisit your compensation plans for 2015 but don’t know where to start? Help is available in the free white paper from PayScale, Attack of the Out-of-Date Comp Plan. This includes base salary, overtime, bonuses, incentives, and commissions. Learn More. What Is a Total Reward Statement?

article thumbnail

5 Proven Tactics Every Company Can Use to Get More Women in the C-suite

Linkedin Talent Blog

But a report from PayScale earlier this year shows that job referrals tend to benefit white men more than women or people of color. Other companies have decided they could do better than just ask by changing the incentives they offer for referrals. Create referral programs that specifically target women. Intel saw immediate results.