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Designing Competitive Compensation Packages to Retain Talent

Accendo Technologies

Tools like Payscale and Mercer allow companies to calibrate their pay scales based on market trends and specific industries. Offer a Mix of Monetary and Non-Monetary Rewards Offering a balanced mix of financial and non-financial benefits can make a significant difference.

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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 Help is available in the free white paper from PayScale, Attack of the Out-of-Date Comp Plan. Provide a reassuring picture to employees and are a tangible reminder of the company’s financial commitment to them beyond just base pay and benefits.

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5 Tips for Recruiting More Women in Leadership Roles

Ongig

Payscale recently reported that: “In 2020, women earn 81 cents for every dollar earned by men.” The State of the Gender Pay Gap 2020 (by Payscale). The Simple Way Pinterest is Becoming More Diverse: They Challenged Their Employees (by Paul Petrone). Netflix Documentary: Explained — Why Women Are Paid Less.

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Be a Unicorn. What Your Compensation Package Says About Your Business

Compensation Today

Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger It can be impossible for Human Resource pros to see things from an objective standpoint when we are so connected to the people and processes of our organizations. However, it’s critical to take a step back once in a while to view things from the perspective of employees and future hires.

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Cash is Still King When it Comes to Compensating and Engaging Workers

Compensation Today

Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger When I wrote Golden Carrots Don’t Produce Employee Engagement last year, little did I know just how much this would ring true for 2016. Employees are shopping around and they are far more educated about their worth than ever before. Top performing organizations seem to get this.

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The Dark Side of Total Compensation Communication

Compensation Today

Taylor, PHR, SHRM-CP, PayScale Senior Blogger The dark side of communicating total compensation doesn’t exist at all – only the resistance of change within organizations where there is no method of delivering this information.

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The Source: Weekly Roundup – April 1st, 2019

PlanSource

Since Payscale started tracking the gender pay gap, the difference between the earnings of women and men has shrunk. since 2015. See more in this breakdown from PayScale. Get the scoop on Amazon from Employee Benefit News. The Gender Pay Gap Annual Report. However, women still make only $0.79 Did you know?