Compensation Today

JUNE 30, 2017

Compensation can be a sensitive, and therefore scary, topic. With the proper preparation, education and support, calm and confident compensation conversations are possible. With the proper preparation, education and support, calm and confident compensation conversations are possible. Learn More About Our Compensation Software.

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HR Daily Advisor

JANUARY 14, 2016

Yesterday we heard from cofounder of Sonic Boom Wellness, Bryan Van Noy, about some of the major reasons cash compensation isn’t cutting it these days. Cash Compensation Is Coercive and Manipulative. Need help creating your compensation strategy? Read this free report from PayScale, Define Your Comp Strategy. Learn More.

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Compensation Today

AUGUST 18, 2015

You know your company needs a formal compensation strategy, but your executives aren’t on board. Even if you’ve tried in the past with no success, here is the ammo you need to sell a compensation strategy and walk out of the meeting with a smile on your face. Calling all HR managers! You got this!

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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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HR Daily Advisor

JANUARY 13, 2016

Whenever your company is thinking about giving out some additional compensation, it seems so easy to go with cash. But Bryan Van Noy, a compensation expert and cofounder of Sonic Boom Wellness, says that cash compensation lacks what really matters about compensation: staying power, not to mention originality.

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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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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. Start with PayScale’s (free!) PayScale, Inc.,

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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.

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Compensation Today

AUGUST 22, 2017

Download the full ebook here. At PayScale, we found in our 2017 Compensation Best Practices Report that 58 percent of employers plan to use L&D (“learning and development”, another term for training and development) programs to retain and recruit employees. Learn More About Our Compensation Software. GET A DEMO.

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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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Genesis HR Solutions

JULY 3, 2019

In an effort to show employees the true value of their compensation, benefits factored in, many employers are providing total compensation statements. What is a total compensation statement? Below is a total compensation statement template you can use to build your own forms. Direct Compensation. Click To Tweet.

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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 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

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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HR Daily Advisor

DECEMBER 3, 2014

Start with PayScale’s (free!) complete guide to compensation plans, Bring Back the Sizzle: PayScale’s Guide to Comp Plans That Get Workers Fired Up (In a Good Way). Your employees want to bring home a bigger slice of bacon, and you want to control costs—PayScale can help with both. Download Now.

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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. And according to The PayScale Real Wage Index , U.S. The PayScale Real Wage Index tracks the buying power of wages for full-time private industry workers in the U.S.) percent from January to February. wages are down 6.5

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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. To retain your talent, make sure you’re paying fairly and communicating compensation in a transparent fashion.

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HR Daily Advisor

MARCH 11, 2015

Before you start thinking about total reward statements, Rubino says that other basic compensation program objectives should be met. A compensation program must be: Internally equitable. Need to revisit your compensation plans for 2015 but don’t know where to start? Download Here. Externally competitive. Affordable.

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Compensation Today

DECEMBER 20, 2016

It is important to work together during these situations, because after all, compensation is a team sport. Everyone from executives and HR to managers and employees have a role in compensation. Let’s take a look at an example of everyone’s role by walking through one of the scariest compensation situations, freezing salaries.

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Compensation Payscale Retention and Turnover HR Software 40

Qualtrics HR

MAY 9, 2019

You can download our free employee engagement survey template here. Frequently audit compensation. Payscale research found that only one in five employees feel like they’re fairly paid, and this can make or break your company culture. My manager consistently acknowledges me for doing good work.

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Analytics in HR

JUNE 2, 2023

These professionals tend to be the first HR hire in most companies, get involved in recruitment, compensation, admin, and more, and develop deep insights into their organizations. They cover most HR functions, including talent attraction, hiring, training and development, employee engagement and performance, and compensation and benefits.

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Compensation Today

MAY 1, 2015

Arguments FOR the existence of the skills gap Regardless of company size, 51 percent of respondents to PayScale’s 2015 Compensation Best Practices Report agreed with the statement, “There is a lack of qualified applicants for our open job positions.” In fact, according to PayScale's Real Wage Index , real U.S. Who’s right?

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Compensation Today

JUNE 29, 2015

By Crystal Spraggins, SPHR and Katie Bardaro, Director of Analytics and Lead Economist at PayScale The President’s proposed changes to the Fair Labor Standards Act (FLSA) are still under review , but that doesn’t mean you should forget the whole thing (tempting though that may be). I’d say that’s a pretty big deal, indeed.

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SnackNation

MARCH 20, 2017

According to our survey, we found the average annual compensation for Office Managers is $52,082, with 42% earning salaries in the $25,000 – $50,000 range. Use sites like Payscale, Indeed, LInkedIn and recruiters to find out your market rate before you go in to negotiate your pay with your boss. EVERYTHING.

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PI Worldwide

APRIL 26, 2019

Whether you’re hiring new team members, discussing promotions, or granting raises, compensation is an important matter to discuss to make sure team members feel satisfied and valued in their roles. Review employee compensation on a regular basis. Separate compensation reviews from performance reviews.

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Heyyy HR!

APRIL 21, 2024

By earning a well-regarded HR certification, you demonstrate a commitment to the field and gain recognition for your expertise, making you a more attractive candidate for advanced roles, leadership positions, and higher compensation. To assist in preparing for these exams, click here to download a study checklist.

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Engagedly

APRIL 4, 2022

The other factors that help shape employees’ expectations are better employment opportunities, compensation and benefits, organizational culture, and skill development. Source: Payscale’s 2022 Compensation Best Practices Report (CBPR). Also Read: Download the ultimate guide to 30 60 90 day performance review.

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Compensation Today

NOVEMBER 9, 2015

Jenni Marquez, CCP, PayScale Compensation Professional Let’s review. If the external inequity is due to internal pay being higher than market, then you likely have a compensation budget problem. Why it matters: Compression is one of the more challenging issues in compensation. Just kidding.

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Compensation Today

OCTOBER 19, 2015

Jenni Marquez, CCP, PayScale Compensation Professional Even the most seasoned HR professional might take a big gulp if approached by their CEO to take charge of anything comp. That’s because, despite being part of the HR department, compensation is like the cool kid at a party. You know, the one you’re afraid to talk to.

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Compensation Today

JUNE 8, 2015

The PayScale Women at Work survey indicates that less than 5 percent of all software architects are women. Advances in technology have led to a huge demand for skilled professionals, however there are still gaps between the career opportunities and compensation that women and men enjoy. Get a PayScale demo now!

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Hiring Software Payscale Recruiting Software Planning Tools 40

HR Daily Advisor

APRIL 16, 2015

In yesterday’s Advisor , we looked at the first two of Payscale’s five compensation tips for workers at all stages of their careers, referencing their report, Compensation Challenges for a Multi-Generational Workforce. asks Mykkah Herner, Payscale’s Head of Expert Services and one of the report’s authors.

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Compensation Today

MARCH 22, 2016

Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger This year, we’ve seen a number of new government rules surrounding pay equity and salary transparency developing. This puts a strain on human resource compensation managers and how they must adapt compensation policies. And really, this action was long overdue.

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Advos

SEPTEMBER 6, 2018

CompWonk : Human Capital Services | @BakerTillyCloud | @OracleHCM #Compensation #HCM #TotalRewards #TalentManagement | Skier | Movie Buff | Sports Nut. Download the Headspace app and learn to meditate in just a few minutes a day. Saving companies money on worker’s compensation and getting workers their fair share.

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Compensation Today

JUNE 15, 2015

Taylor, PHR, The HR Writer Twice as many men than women earn six figures, but less than half of all men report to a female boss – based on recent data found on the PayScale report Women at Work. Source: PayScale 2015 Women at Work What can be done to attract more female executives to your company? Take Action!

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Compensation Today

JULY 6, 2017

grew for the eighth consecutive quarter, according to the newly updated PayScale Index. Wages continue to experience modest growth with variability across industries, job families and metro areas,” said Katie Bardaro, Vice President of Data Analytics and Lead Economist at PayScale. Learn More About Our Compensation Software.

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Payscale Planning Tools Compensation Analytics 68

Compensation Today

JUNE 8, 2015

The PayScale Women at Work survey indicates that less than 5 percent of all software architects are women. Advances in technology have led to a huge demand for skilled professionals, however there are still gaps between the career opportunities and compensation that women and men enjoy. Get a PayScale demo now!

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