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The Ripple Effect of a Pay Strategy Change

Compensation Today

PayScale was there for The Elevate Summit , BambooHR’s first ever user conference, and we know many of you were too. One particularly special session for us was “The Ripple Effect of a Pay Strategy Change,” in which PayScale CPO Dave Smith presented with Justin Gagnon, CEO of our customer, Choicelunch. It was time for a bold move.

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You're Underpaying. Now What?

Compensation Today

Jenni Marquez, CCP, PayScale Compensation Professional Most organizations don’t intend to pay employees low, but market shifts and legislation changes can often result in underpaid employees. The New Minimum Wage: Many municipalities have already adopted a minimum wage that goes beyond the federal level (currently $7.25/hour).

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Human Resources Manager

Heyyy HR!

You will use various channels like online job boards and recruitment fairs to find the best talent that fits the roles you are trying to fill. A human resources manager (HR Manager) plays a crucial role in shaping an organization’s workforce. To excel as a Human Resources Manager, you need strong leadership and communication skills.

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Unequal Pay and Unequal Opportunities: New Data On the Gender Wage Gap

Workology

A new study by Payscale adds depth to the gender wage gap discussion. They peg the current controlled wage gap at 2.7% and the uncontrolled wage gap at 25.6%. To arrive at the controlled wage gap, Payscale compared wages in identical jobs: HR Manager to HR Manager. So what does that mean?

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Compensation and Benefits

AIHR

For example, perks like bonuses, stock options, 401k matches, pension plans, paid time off , and even free lunches are all attractive to different people and make up an essential part of the compensation and benefits package. Overall compensation is the top factor that job seekers consider when accepting a new job.

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Designing Competitive Compensation Packages to Retain Talent

Accendo Technologies

Due to budget constraints, small and medium-sized businesses rely on non-monetary benefits like flexible working hours or growth opportunities. As a result, recruitment and training costs continue to rise, morale among remaining employees lowers, and the perception of low value remains. Compensation is no longer just about salary.

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Confronting the Pay Equity Gap: Identifying and Resolving Issues of Unequal Pay

Decusoft

According to a study by Payscale, the gender pay gap is currently $0.82 Payscale found a racial wage gap showing that women of all races and ethnic groups earn less than white men. Payscale found a racial wage gap showing that women of all races and ethnic groups earn less than white men. Women earn $0.69