Compensation Today

DECEMBER 29, 2016

2016 was a busy year in HR too, between FLSA and Minimum Wage legislation, and the ongoing changes to performance management. At PayScale we’ve had a fun year keeping you all up to date with the haps. In honor of a full year, here’s a full countdown of the Top 16 posts from 2016! Wellness Emerges as a Compensation Strategy.

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HR Daily Advisor

MAY 31, 2016

So what’s new in the way your company approaches compensation? Even without considering the new high-water marks set in recent months for minimum wage in various markets around the country, some of the compensation practices that seemed unchangeable are, indeed, changing. As you read through the results, you can decide for yourself.

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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

MARCH 22, 2017

As we discussed in part one of this series , PayScale’s 2017 Compensation Best Practices Report (CBPR) found that just 37 percent of organizations have a defined compensation strategy. All these factors taken together should inform your compensation strategy. What do you need from your compensation strategy?

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Compensation Today

APRIL 27, 2017

In PayScale’s 2017 Compensation Best Practices Report we learned that about half of healthcare organizations (49 percent) will compensate more for competitive jobs. 49 percent of healthcare orgs will compensate more for competitive jobs – which usually means nurses, physicians, etc. GET A DEMO.

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Decusoft

NOVEMBER 15, 2021

But when there’s a bias or even discrimination in compensation practices, there’s a disruption of the talent pool that can lead to disengagement, lower productivity and financial losses. Pay equity is the idea that employees will be compensated at the same level when they perform the same or similar jobs.

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Compensation Today

DECEMBER 19, 2016

2016 has been anything but boring. What trends have impacted compensation the most? In the spirit of the coming new year, let’s count the top five 2016 compensation trends! Count down the top #compensation trends of 2016! Count down the top #compensation trends of 2016! Click To Tweet. #5:

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Spark Hire

NOVEMBER 8, 2016

A 2016 report from Payscale found that while 73 percent of employers feel they offer fair pay, only 36 percent of employees agreed. Typically, you need to offer a compensation package that is at least as strong. There’s a slight disagreement about whether or not employees are being paid fairly.

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HR Daily Advisor

APRIL 11, 2017

There are several differences between how top-performing companies handle compensation and how typical companies approach the issue, according to the results of a recent survey. The webinar discussed the findings of the organization’s recent compensation survey, which asked 7,700 Human Resources professionals about their pay practices.

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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

AUGUST 7, 2017

PayScale data suggest that about half of all organizations are aiming for pay transparency in 2017. PayScale data suggest that about half of all organizations are aiming for pay transparency in 2017. Learn More About Our Compensation Software. And if you’re ready, how transparent should you be? Go ask HR” is a familiar refrain.

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Compensation Today

SEPTEMBER 15, 2015

PayScale had the opportunity to get a sneak peek at the new data and test an easier delivery method (an API) for organizations interested in using the federal data to build tools for consumers. Get a demo of PayScale's compensation data software. That’s pretty exciting.” Have a kid prepping for college?

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Compensation Today

JULY 11, 2016

PayScale Senior Vice President of Marketing Tim Low will be chatting with Meghan M. Biro , CEO of Talent Culture about PayScale’s new thought leadership framework “The Modern Compensation Manifesto: Why The Pay Business is the People Business.” When: Wednesday, July 20, 2016. 1:30-2:00pm ET live Twitter Chat #WorkTrends.

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TalentCulture

APRIL 10, 2017

Unfortunately, there’s often a disconnect between what employers perceive to be fair compensation, and how staffers actually feel about their paychecks. Of course, no one wants to be underpaid for his or her hard work, so a competitive salary offering is key to recruiting survival.

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HR Daily Advisor

APRIL 25, 2017

The pursuit of the right talent continues to be highly competitive and, according to the latest research from PayScale, that pursuit is shaping compensation programs and strategies. Compensation practices are increasingly being used as a way to cement relationships with employees. “Our by Lisa Higgins, Contributing Editor.

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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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HRsoft

SEPTEMBER 27, 2018

For decades, compensation surveys have been the leading source where employers could go to learn about pay dynamics in the marketplace. Corporate compensation departments have long been told by corporate legal departments that gender data (as well as age and ethnicity data) should not be provided in compensation surveys.

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Compensation Today

DECEMBER 6, 2016

Amidst the ambiguity of official FLSA activity, many organizations have already been working to comply with the changes for the better part of 2016. PayScale #data shows companies are following through with #FLSA changes! PayScale #data shows companies are following through with #FLSA changes! Click To Tweet. to be exact).

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Compensation Today

JULY 10, 2015

Taylor, PHR, SHRM-CP, PayScale Senior Blogger The latest PayScale Index data indicates a dismal 0.4 The question remains, will compensation increases remain slow to no-go for the remaining quarter of the year? Many employers are also in the middle of their fiscal years, planning annual recruitment and compensation budgets.

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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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Compensation Today

JULY 15, 2016

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.

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Compensation Today

MAY 18, 2016

Kate Jesse, Payroll Administrator, PayScale and Mykkah Herner, MA, CCP, Modern Compensation Evangelist, PayScale The US Dept. The effective date is December 1, 2016. Use this as an opportunity to have productive conversations about both compensation and your employees’ goals and interests in the organization. *

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Compensation Today

SEPTEMBER 20, 2016

Besides making us laugh, he also explained the importance of keeping compensation fair, transparent, and modern. He made predictions on the future of compensation. He also inspired all of our attendees to think of trends in compensation like waves. "Trends — PayScale Business (@PayScaleBiz) September 13, 2016. .

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Compensation Today

NOVEMBER 13, 2015

million employees, conducted by my employer PayScale, found that of all working women, 81.8% What you may not know is that this is largely because men hold the vast majority of high-paying positions (executive and C-Suite), not because women make 26% less than men for the same work. In other words, it’s not just a pay gap, it’s a power gap.

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TLNT: The Business of HR

DECEMBER 23, 2016

As the economy continued to rebound in 2016, there was intense competition in many talent markets across a number of jobs and industries. In fact, PayScale research found that retention was listed as a top concern by most businesses over the past year.

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Compensation Today

JULY 19, 2016

Now it’s time to evaluate the compensation structure. How can your leadership team know whether what they are offering employees in terms of compensation is really competitive enough to retain your best talent for the long-term? Compensation – the Reality as Seen by Employees. Strategies for Creating a Strong Compensation Plan.

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HR Digest

FEBRUARY 1, 2022

Being a good HR career professional means supervising staff members, recruiting qualified applicants, determining compensation levels, and ensuring workplace safety. As of 2016, the IRS has approved 13 licenses that qualify individuals for employment in human resources. Here are the top five: . What Are the Benefits? .

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HR Daily Advisor

OCTOBER 11, 2016

A new report from PayScale, “CEO Salaries: How Much Do CEOs Make Compared to Their Employees?” The rule is primarily to provide transparency to shareholders around CEO pay, but PayScale also wanted to examine employee sentiment on the topic. and PayScale provided median worker pay data for those same companies.

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HRExecutive

NOVEMBER 15, 2017

Gallup, for example, which follows employee engagement closely, reports that in 2016 employee engagement remained stagnant from the previous years, barely budging from 31.4 PayScale, Inc., a cloud-based compensation data and software provider, designed the survey to identify the drivers of employee engagement.

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Compensation Today

NOVEMBER 3, 2016

Multiple locations across the state, ranging from rural to metropolitan, added a level of complexity to compensation as part of a recruitment and retention strategy for HPM’s 300 employees. In September, Jeracah was invited to speak at PayScale’s Compference 2016 in Seattle, Washington, to a group of HR and compensation professionals.

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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

DECEMBER 13, 2016

Take the 2017 Compensation Best Practices Survey Now! It is so important that you, as a HR and compensation professional, take our 2017 Compensation Best Practices Survey. The report highlights key issues in HR and Compensation, and also analyzes their potential impact on the future. HR and Compensation Technologies.

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UpstartHR

JANUARY 23, 2017

Specifically he was trying to learn compensation when he didn’t have a background/foundation in the topic. How to Learn HR Skills for Free Remember the example I started this article with of the young man looking to learn more about compensation? Payscale sells compensation data and tools to businesses.

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Compensation Cafe

JUNE 15, 2016

We see this played out time and again in history: bank runs associated with the Great Depression, football hooliganism in Europe in the 1980s, and even the behavior exhibited at some of the 2016 presidential campaign rallies. To see herding in the context of compensation, we need to look no further than our own professional literature.

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Compensation Today

NOVEMBER 17, 2016

In 2027, both life and compensation could be very uncomplicated. In this future, a bionic person fetches your coffee, your car drives you around, and your compensation plan is both automated and powered by perfectly precise data. For those who don’t know, every year we produce a CBPR – the leading resource on compensation.

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Compensation Today

MARCH 7, 2016

Mykkah Herner, MA, CCP, Modern Compensation Evangelist, PayScale Along with thousands of other people, I read Talia Jane’s open letter to her CEO with mixed emotions. In the 2016 Compensation Best Practices Report , PayScale shared that 82% of employees are okay with being paid low as long as they understand the rationale behind it.

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