Compensation Today

AUGUST 8, 2017

Transparent pay practices lead to higher satisfaction and lower intent to leave, according to a 2015 PayScale study. With so many compensation data sources available to employees, they are increasingly coming to meetings and interviews equipped with data, expecting to have very open conversations about pay. GET A DEMO.

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Compensation Today

DECEMBER 14, 2016

Indeed, despite all the buzz around sexism in Silicon valley, new PayScale research shows that it is actually the Oil & Gas industry where the largest gender wage gap exists. The gender disparity doesn’t end with compensation. PayScale study shows the largest #gender #wage gap is in the #oil and #gas industry!

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Compensation Today

NOVEMBER 6, 2015

Taylor, PHR, SHRM-CP, PayScale Senior Blogger Only a few short years ago, our nation was in economic turmoil. Organizations didn’t know where to even start creating competitive compensation offerings because of the uncertainty of things. percent, resulting in an annual wage growth of 0.6 percent for the quarter and 0.5

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Compensation Today

JANUARY 29, 2016

Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger From the blistering cold Natural Gas plains of the Northwestern US to the oil rich marshes of the Southeastern US, thousands of job seekers arrive daily in search of good paying jobs. The good news is that unemployment numbers have plummeted in the final quarter of 2015 (down to 5.1

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HR Daily Advisor

APRIL 15, 2015

With a fixed compensation budget, you need to know how best to direct your dollars where they will give you the most bang for your compensation buck, so to speak. Payscale recently released a report, Compensation Challenges for a Multi-Generational Workforce , which provides some helpful insights in this area. Learn More.

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Compensation Today

JULY 28, 2015

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? But, I neglected to mention one thing. Will more employers offer bonuses?

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Compensation Today

NOVEMBER 28, 2016

PayScale invited more than 250,000 professionals and business executives to participate in our 2017 Compensation Best Practices Report (CBPR) survey. From the results of this survey we will produce the 2017 CBPR and reveal critical compensation trends that will help you upgrade your profession. Participate in the Future of Comp!

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Compensation Today

SEPTEMBER 14, 2017

This is a lesson from PayScale’s Modern Compensation Planning ecourse. With your compensation plan in hand, it’s now time to take all your preparations and begin to utilize your comp plan. Bring your managers into the know so they can help share compensation information with the employees they supervise. GET A DEMO.

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Compensation Today

JUNE 5, 2017

PayScale’s 2017 Compensation Best Practices Report found that 56 percent of employers consider retention a major concern. Regardless of the drivers, a June 2017 PayScale Study [i] shows us the jobs where employees have reported the greatest intent to leave within the next six months. Top 10 List Overall. Definitions.

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Compensation Today

MARCH 28, 2016

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.

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Compensation Today

MAY 29, 2015

Tessara Smith, PayScale For the third year in a row, PayScale’s 2015 Compensation Best Practices Report (CBPR), discovered that employee retention was a top concern among the majority of employers. When asked, “How much of a concern is employee retention in 2015?” Hang on to your best employees.

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Compensation Today

JULY 23, 2015

Taylor, PHR, SHRM-CP, PayScale Senior Blogger At the intersection of business objectives and recruitment is a strong compensation strategy. 1 – Become an Expert in Compensation Your first defense in the fight for a more aligned compensation strategy is to become a true expert in everything compensation.

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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

OCTOBER 30, 2015

Taylor, PHR, SHRM-CP, PayScale Senior Blogger Last month, President Barack Obama signed an executive order granting paid sick leave to federal contractors and subcontractors. What can compensation administrators expect and how can they add value to the types of salary and benefits offered to some our nation’s hardest working people?

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Compensation Today

OCTOBER 21, 2015

Taylor, PHR, SHRM-CP, PayScale Senior Blogger Just because your organization has an established compensation plan doesn’t mean it’s working well anymore. Now, I don’t want to scare you, but I do want to educate you on some of the symptoms of a compensation strategy that’s about to fail. If you don’t speak up , who will?

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Compensation Today

DECEMBER 3, 2015

Taylor, PHR, SHRM-CP, PayScale Senior Blogger While everyone is out doing their holiday shopping and headed for parties, there’s an undercurrent of change coming that will affect nearly every American in 2016. How will employers manage their total compensation strategy for the coming year in order to remain competitive?

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HR Digest

FEBRUARY 1, 2022

As of 2015, Fortune 500 companies are hiring more HR professionals than ever before. Being a good HR career professional means supervising staff members, recruiting qualified applicants, determining compensation levels, and ensuring workplace safety. Top Companies . Here are the top five: . What Are the Benefits? .

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Compensation Today

DECEMBER 7, 2015

For those who don’t know, every year PayScale produces the Compensation Best Practices Report. Because the survey is so detailed and solicits such overwhelming feedback, the PayScale Compensation Best Practices report is the definitive resource for human resource and comp professionals each year. Do you agree?

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Compensation Today

AUGUST 7, 2015

Taylor, PHR, SHRM-CP, PayScale Senior Blogger Hiring great people starts with offering them a competitive work culture and compensation package. PayScale’s 2015 Compensation Best Practices Report revealed that a top concern for companies is attracting and retaining the best talent. But, don’t treat this casually.

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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. PayScale, Inc., a cloud-based compensation data and software provider, designed the survey to identify the drivers of employee engagement.

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TLNT: The Business of HR

FEBRUARY 26, 2015

Last week, compensation solutions expert PayScale released its annual 2015 Compensation Best Practices Report. PayScale titled its report Attack of the Out-of-Date Comp Plan (cute, huh?), At least that’s what I think they believe.) more…).

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Compensation Today

DECEMBER 17, 2015

PayScale Busted! In 2015, the number one reason most people left companies was compensation. The majority of respondents to the PayScale Compensation Best Practices Report cited “seeking higher pay elsewhere” as the primary reason for leaving a company. Moral of the story? Money CAN buy you love.

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Compensation Today

DECEMBER 17, 2015

PayScale Busted! In 2015, the number one reason most people left companies was compensation. The majority of respondents to the PayScale Compensation Best Practices Report cited “seeking higher pay elsewhere” as the primary reason for leaving a company. Moral of the story? Money CAN buy you love.

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HR Daily Advisor

MARCH 11, 2015

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. Total reward statements are a great way to demonstrate overall compensation—but is there a chance that your pay practices are out-of-date?

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Compensation Today

JUNE 3, 2015

Jessica Miller-Merrell, blogging4jobs According to PayScale's 2015 Compensation Best Practices Report, the number one reason why people choose to leave companies is because they feel as though they are being paid unfairly. Compensation, specifically salary, always seems to be a hard topic to talk about openly and honestly.

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Compensation Today

JULY 13, 2015

Taylor, PHR, SHRM-CP, PayScale Senior Blogger The PayScale 2015 Compensation Best Practices report indicated that in most companies, CEOs still call all the shots. PayScale data shows that 65% of HR heads at medium sized companies actively set the compensation structure. Happy Medium? How can they do this?

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Compensation Today

JULY 15, 2015

Taylor, PHR, SHRM-CP, PayScale Senior Blogger PayScale’s 2015 Compensation Best Practices Report indicates that HR technology will become hugely important in the coming years. We’ve come a long way in just a short period of time, with powerful cloud compensation applications that focus on results-driven campaigns.

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Compensation Today

AUGUST 12, 2015

Taylor, PHR, SHRM-CP, PayScale Senior Blogger The term employee engagement gets thrown around pretty loosely today, but what does this concept really mean? Gallup Poll data from June 2015 indicates that employee engagement is still fairly low in American workplaces, at about 31.5 What’s Happening with Employee Engagement in the USA?

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Compensation Today

AUGUST 12, 2015

Taylor, PHR, SHRM-CP, PayScale Senior Blogger The term employee engagement gets thrown around pretty loosely today, but what does this concept really mean? Gallup Poll data from June 2015 indicates that employee engagement is still fairly low in American workplaces, at about 31.5 What’s Happening with Employee Engagement in the USA?

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HR Daily Advisor

DECEMBER 4, 2014

The company hired Sibson to review their compensation plans in order to determine how to adjust compensation to retain and attract the right sales talent. But the analysis of 2 years’ worth of sales rep data showed that compensation wasn’t the problem. Looking to build and perfect that 2015 comp plan?

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Compensation Today

JANUARY 27, 2016

Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger Generally, human resource professionals are concerned with retaining and inspiring top performing employees because they provide the greatest return on investment. It can be tempting to offer bigger salaries and over-the-top perks to employees, but does money really buy employee happiness?

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Compensation Today

NOVEMBER 18, 2015

Rita Patterson, Onboarding Team Lead, PayScale Your employees might not be underpaid, but they're probably under-informed. In the 2015 Compensation Best Practices Report PayScale found that the number one reason most people left a company was compensation. So why does everyone think they're underpaid?

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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. When asked, “What is the expectation for your company’s financial performance in 2015?” And according to The PayScale Real Wage Index , U.S. percent from January to February. wages are down 6.5

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Compensation Today

JULY 17, 2015

Taylor, PHR, SHRM-CP, PayScale Senior Blogger It’s an often overlooked fact: human resource managers who set the salaries for their people are more apt to be compensated better themselves. Just having this responsibility creates the ideal environment for fighting for the best wages in HR. HR professionals are no exception.

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Compensation Today

JULY 17, 2015

Taylor, PHR, SHRM-CP, PayScale Senior Blogger It’s an often overlooked fact: human resource managers who set the salaries for their people are more apt to be compensated better themselves. Just having this responsibility creates the ideal environment for fighting for the best wages in HR. HR professionals are no exception.

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Payscale Human Capital Management Compensation Analysis 40

Compensation Today

DECEMBER 30, 2015

Rita Patterson, Onboarding Manager, PayScale Cost of living adjustments, or COLA, have been common practice for a while now, however, only 21% percent of employers indicated that cost of living adjustments were their main reason for giving raises in 2015. Also—is that how you want to spend your precious compensation budget ?

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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? Request a demo of Pay-Scale’s compensation software TODAY! But really, what’s the alternative?

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