RecognizeThis!

APRIL 18, 2016

Research on best practices can help a company know what to focus on, but leaders need to consider how those practices play out in their own unique cultures and situations. Benchmarks and best practices can give company leaders insight into what those around them are doing, how much they are spending, and how well they are performing.

Compensation 80

Compensation Payscale Benchmarking Data 80

Compensation Today

MARCH 22, 2017

Circling back to your company culture, drill down on what kind of behavior you want to reward with pay increases. I often hear from PayScale customers that they only want to compare themselves to similarly sized organizations in their own industry when pricing their jobs. Consider what you want to reward. Where does variable pay fit?

Compensation 75

Compensation Strategy Company Payscale 75

Compensation Today

MARCH 20, 2017

Every day, companies make intentional decisions about their business: should they expand their products or services, is the time right to open new locations, are they ready to add jobs and headcount? One intentional decision that too many companies aren’t making: establishing their compensation strategy.

Compensation 81

Compensation Strategy Hiring Software Planning Tools 81

HR Digest

MAY 4, 2021

This question is something that companies are grappling with. A study by payscale, a payroll company, into salary data reveals that remote workers are actually paid more than people who work in an office. This is the model adopted by most companies. The remote work juggernaut has exploded with the Coronavirus pandemic.

How To 98

How To Compensation Payscale Talent Experience 98

Compensation Today

AUGUST 17, 2017

We live, love and dream about data here at PayScale, and big data is driving business and pay decisions across industries and functions. Here are some examples: You Compete With a Different Location, Industry or Company Size for Talent. Data, data, data. We’ve got you covered.). You Can’t Find Relevant Market Data.

Data 74

Data Hiring Software Planning Tools Benchmarking 74

Analytics in HR

NOVEMBER 1, 2022

Companies that operate in different industries or are growing rapidly often need to bring in various types of HR professionals to assist in managing the people in the organization. Companies employing HR specialists typically have multiple HR specialists with their areas of expertise. Human resources specialist job description.

HR Planning 139

HR Planning Resources Hiring Software Onboarding Software 139

Accendo Technologies

SEPTEMBER 25, 2024

We will discuss the current state of compensation in today’s workplace, the challenges companies face when designing packages, and steps to create packages that boost retention and loyalty. The Current Landscape of Compensation Packages Most companies are aware that salaries and benefits play a critical role in employee satisfaction.

Compensation 52

Compensation Bonuses and Incentives Wage and Hour Training Payscale 52

Analytics in HR

JUNE 22, 2022

Analyzing a company’s remuneration structures and policies and implementing improvements. Benchmarking jobs against data collected and market intelligence to determine competitive compensation for each role. According to Payscale , the average annual base salary for a compensation analyst in the U.S Over to you.

Compensation 98

Compensation HR Planning HR Software Interview Software 98

Zenefits

DECEMBER 29, 2021

As the workforce moves towards more freelance, contract, and part-time engagements, companies need to make sure they are compensating their employees in a way that meets today’s work style. Creating a compensation philosophy that aligns with your company strategy is one way to strengthen hiring and retention.

Payscale 36

Payscale Strategy Bonuses and Incentives Hiring Software 36

Zenefits

MAY 9, 2019

But no matter the size of your company, it shouldn’t be put off. Other tools like PayScale, Salary.com, and LinkedIn Salary require a subscription or payment to access data but contain a larger number of job titles and data sets. This process is called compensation benchmarking. How is compensation benchmarking done?

Benchmarking 31

Benchmarking Compensation Hiring Software Recruiting Software 31

Compensation Today

JULY 21, 2017

We’ve written a lot at PayScale about compensation communication — especially about WHY talking about compensation is important, and WHO should be talking about pay. – Let them know how that pay was determined, and when pay ranges or job benchmarks are reviewed. Talk comp when you are awarding an increase or promotion.

Compensation 68

Compensation Hiring Software Bonuses and Incentives Payscale 68

Analytics in HR

MARCH 7, 2022

External equity is what outside companies are willing to pay for the same talent. In order to keep them satisfied in your company, it’s essential to build the right overall compensation package. It can be challenging for companies to figure out how to create fair salary ranges for emerging or highly specialized jobs.

Compensation 98

Compensation COMPAS Background screening HR Planning 98

Decusoft

NOVEMBER 5, 2021

Getting compensation right can be tricky – that’s why businesses perform due diligence and conduct benchmarking surveys. A PayScale survey found that 51% of employees believe they aren’t paid fairly even if they’re at or above industry benchmarks. How companies strategically position pay is what makes the difference.

Compensation 52

Compensation Strategy Payscale Hiring Software 52

Compensation Today

SEPTEMBER 7, 2016

I’m thrilled to be joining some of my PayScale colleagues in presenting at Compference 16 next week, where I’ll be partnering with Kaylyn Messer, Senior Customer Success Manager, to talk about understanding and using our salary data reports. Learn to utilize all of the #PayScale products at #Compference16! Click To Tweet.

Report 40

Report Payscale Benchmarking Data 40

Analytics in HR

APRIL 25, 2022

A well-built HR tech stack has considerable benefits for both HR professionals and employees in companies of all sizes. Payscale is an easy-to-use software that offers choices based on company size for small businesses to global enterprises. Lessonly is designed to help mid-sized companies train, coach, and enable employees.

HR Software 122

HR Software Hiring Software Recruiting Software Interview Software 122

HR Daily Advisor

DECEMBER 3, 2014

Your salespeople are the company’s ambassadors, the conduit to the customer, usually the first impression, and maybe the only impression. Face it, making a mistake in hiring will cost the company over the course of a year about $2.1 Start with PayScale’s (free!) Companies Play a Trick. Learn More.

Hiring Software 40

Hiring Software Payscale Hiring Planning Tools 40

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. 2 – Analyze the Current Compensation Plan Decide if your compensation plan needs a do-over by comparing it to current salary range benchmarks for every job description.

Compensation 40

Compensation Strategy HR Planning Payscale 40

Ongig

AUGUST 15, 2022

Tech-savvy job seekers are looking for companies that practice transparency in their hiring process, especially with salaries. Be sure to conduct regular salary benchmarking by evaluating your company’s pay standards. Shout-outs: 2022 State of the Gender Pay Gap Report (by Payscale) Tight labor market drives U.S.

Talent Experience 72

Talent Experience Hiring Software Workable Recruiting Software 72

U-Next

APRIL 17, 2020

The data from this metric can be used to take long term decisions and set ground rules and benchmarking standards. Track Productivity Quotient Companies no longer pay for who stays exactly from 9 AM to 5 PM and who does overtime consistently. This is also related to employee job satisfaction and should be tracked in your HR metrics.

Metrics 52

Metrics HR Software Payscale Analytics 52

Compensation Cafe

APRIL 18, 2016

One of the common questions I hear from clients centers on how well their people practices and budgets compare to industry benchmarks and groups of top-performers. With ever-changing trends and shrinking competitive advantage, it can be helpful to know what others are doing, and how your own company stacks up against them.

Bonuses and Incentives 40

Bonuses and Incentives Benchmarking Payscale Compensation 40

Digital HR Tech

NOVEMBER 11, 2019

Cultural differences in benefits: In France, employees get a restaurant voucher for every workday if their company doesn’t have a canteen. In a small company, an HR generalist would handle all aspects of this process, while in a large company, there would be dedicated departments to manage these. Benefits and motivation.

Compensation 106

Compensation COMPAS HR Planning Retention and Turnover 106

HR Daily Advisor

FEBRUARY 14, 2017

Employees who can readily see they are underpaid, for example, are much more likely to be dissatisfied with their job and company. In a recent webinar, compensation experts Rita Patterson, CCP, and Mykkah Herner, MA, CCP, of Payscale discussed what they call the Pay Transparency Spectrum. Seek the Right Level for Your Company.

Payscale 46

Payscale Compensation Employee Engagement Talent Experience 46

Tandem HR

FEBRUARY 9, 2022

For example, a high-level tech firm requiring specific expertise needs a different strategy than an event company hiring college students to run promotional events. Benchmark Jobs to Market. Here are some additional tips: When benchmarking to market, compare the position criteria/description versus position title.

Compensation 52

Compensation Strategy Retention and Turnover HR Planning 52

Compensation Today

JANUARY 21, 2016

Rita Patterson, Onboarding Manager, PayScale. First off, it’s essential to communicate how the salary for that role in your organization is benchmarked. Rita Patterson is a Certified Compensation Professional and manages the Onboarding team at PayScale.

Payscale 40

Payscale Benchmarking Compensation Onboarding 40

Heyyy HR!

JUNE 5, 2024

Do you understand that there is a difference between positions with the same job title, but different locations, industries, and company sizes? In different regions (countries or states), company sizes, and industries, salaries can vary. Salary Surveys and Benchmarks Utilize surveys : External compensation agencies have the best data.

Wage and Hour Training 60

Wage and Hour Training HR Planning Hiring Software Strategy 60

Analytics in HR

OCTOBER 27, 2023

At the same time, compensation, benefits, and related taxes can account for up to 70% of business costs , highlighting the importance of getting comp & ben right at your company. Every company should establish a set of normal working hours to clarify overtime. They won’t have any ownership of the company.

Compensation 116

Compensation Wage and Hour Training COMPAS Bonuses and Incentives 116

Advos

APRIL 29, 2016

PayScale acquires Denver salary data company. Allegis Global Solutions Partners with PeopleTicker for Labor Rate and Benchmarking. Here Comes the Brand: How Company Rebranding Is (Sort of) Like a Wedding. Sign-up for our weekly What’s Hot in HR newsletter to get these weekly updates via email. by Qualfon.

HR Software 40

HR Software Recruiting Software Video Recruiting Paychex 40

Compensation Today

AUGUST 20, 2015

By Sonnet Lauberth, PayScale Compensation Professional Compensation can be a tricky topic, especially within the non-profit sector where many employees feel that they are “overworked and underpaid.” Depending on your strategy, you might benchmark against other non-profits, private companies, or a mix depending on your workforce.

Compensation 40

Compensation Payscale How To Retention and Turnover 40

Oracle HCM - Modern HR in the Cloud

OCTOBER 10, 2019

” Market data, industry benchmarks, and application of best practices are useful, but also too generic. Madhani found that or ganization culture and compensation system were complementary elements in achieving a company’s strategic goals. Take a look at companies such as Buffer, Glitch, and Starbucks.

Compensation 49

Compensation Hiring Software Bonuses and Incentives Planning Tools 49

Analytics in HR

DECEMBER 15, 2023

It plays a key role in attracting and retaining talent, enriching company culture, and engaging employees. In addition, a TalentLMS survey showed that 76% of employees are more likely to stay with a company that provides ongoing learning and development opportunities. What is the difference between learning and development?

Compliance Training 98

Compliance Training Assessment Software Hiring Software Planning Tools 98

Dr. Nadine

OCTOBER 4, 2018

If you come to the discussion primed with a solid understanding of industry benchmarks, your argument will be more cogent and you’ll be better able to justify your desired salary. Alyssa Gelbard, the founder of career consultancy Resume Strategists, explains, “if the company’s medical plan doesn’t offer gym reimbursement, ask for it.A

Compensation 53

Compensation Coaching Payscale Assessment Software 53

Compensation Today

FEBRUARY 12, 2015

Companies may find it easy to vote no on an otherwise great candidate because they don''t want to over hire, but what isn’t being taken into account is that a better skilled candidate could lead to more business and growth for the organization sooner rather than later. Does your company make any of these common recruitment mistakes?

Recruitment 40

Recruitment Payscale Compensation Competencies 40

Heyyy HR!

JUNE 13, 2024

Not sure if the human resources role is as competitive as other companies with the same roles? Salaries play a significant role in not only attracting professionals to the industry but also in ensuring that the companies maintain a competitive edge. Not sure what the typical salary is for the jobs you’re applying to?

HR Planning 60

HR Planning Compensation Resources HR Software 60

Compensation Today

MARCH 3, 2017

Recently, companies like Apple, Microsoft and Facebook have pledged to close the gender pay gap at their companies, in part by conducting annual pay analyses. However, companies like Intel are paving the way in revealing and solving their promotion parity problems. Take notice of these four things: 1. Pay equity.

Sexual Harassment 40

Sexual Harassment Harassment Payscale Compliance Training 40

Compensation Today

OCTOBER 28, 2016

Back in the day, our Benchmarking Maven, Ashley Adair, worked to benchmark the role of an Office Manager. Companies that start as a family-run business often have some point where they either decide they’re going to make exceptions for family, or they put measures into place to reward according to the market value for the job.

Benchmarking 40

Benchmarking Compensation Planning Tools Talent Experience 40

Vantage Circle

SEPTEMBER 8, 2021

They ensure the company's compliance with tax law and other regulations. According to a report by PayScale , companies who are serious about being competitive will need to invest in solid compensation management. When it comes to compensations, a few different areas need to be addressed for the company to stay profitable.

Compensation 52

Compensation HR Planning Planning Tools Wage and Hour Training 52

Entelo

JANUARY 30, 2019

That’s why over the next couple weeks we’ll be slicing the data to provide better insight into specific industries, allowing you to benchmark your own metrics more appropriately. Over 68% of finance recruiters report that their company has a diversity initiative in place – far exceeding the overall average (57%).

Recruiting Software 28

Recruiting Software Recruitment Payscale Diversity 28