RecognizeThis!

Trending Sources

You Can’t WorkHuman if You Can’t Communicate

RecognizeThis!

There are many reasons why communication skills are important, but today I point you to my post on Compensation Cafe and a study of 71,000 employees completed by PayScale. Employee Engagement WorkHuman communication Fair Pay Payscaleby Derek Irvine. Recognize This! — A fundamental skill for any manager of people is how to communicate clearly, honestly, and appropriately. Value.

Compensation Cafe: Chasing Best Practices

RecognizeThis!

recent report from PayScale, which I covered in this post on Compensation Cafe , helps to provide some useful data around compensation practices, particularly among top-performing and average companies. By Derek Irvine. Recognize This! High performers are also more likely to adopt a mindset in which people are valued and engage in more transparent communication around compensation.

White House Announces PayScale Commitment to Largest-Ever Non-Compete Data Collection

Compensation Today

PayScale is thrilled to announce that we are launching a data collection effort, encouraged by the White House Council of Economic Advisers, in an effort to gain more understanding around the prevalence and impact of non-compete agreements in the U.S. The White House Council of Economic Advisers encourages #PayScale to gather data on #non-competes! labor market. percent.

PayScale Index shows wilting wages for STEM jobs

Compensation Today

According to the new PayScale Index , wages for previously hot performing STEM (science, technology, engineering, math) jobs grew just 1.0% After incredible growth, the industry is kind of taking a breather this quarter,” said Tim Low, PayScale Vice President of Marketing. STEM growth is a double-edged sword,” says PayScale Lead Economist Katie Bardaro. Not necessarily.

HRsoft Partners With PayScale

HRsoft

HRsoft is pleased to announce a new partnership with PayScale, providers of the largest salary profile database in the world.  This partnership gives our clients easy access to PayScale Market Reports on specific jobs at a discounted price. The PayScale Market Report supplies you with real-time compensation data to assist with strategic decisions about employee pay. 

Fresh News! The PayScale Content Center has been revamped.

Compensation Today

Jade Makana, Director of Content Marketing, B2B Hi readers, You may have noticed something a little different the last time you visited the content section of the PayScale website. I am excited to announce we have rolled out a brand new version of our content center, known as the Modern Compensation Hub. Did you know that PayScale has a whole content section dedicated to videos and tools?

Compensation Can Be FUN!

Compensation Today

As a longtime PayScale user and evangelist, I was beyond excited when the team asked me to present at Compference. I was expecting a bunch of buttoned-up, boring compensation discussions. I was wrong! Just as PayScale makes compensation accessible for the non-compensation practitioner, the panel discussions had something for all levels of expertise. Comptopia. Click To Tweet.

Good News—HR Wages Are on the Rise!

Compensation Today

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. Interested in the Q2 2016 PayScale Index highlights?

The Millennial Who Brought Her Cat to an Interview, and other #Compference16 Insights

Compensation Today

We are fresh off our first-ever PayScale User Compference, and it was an absolute blast. always love when I get the chance to slink out from behind my computer and talk to our customers face to face, because it reminds me of one thing: PayScale has indisputably the best customers in the world. The PayScale session “What to Do About Reviews?” absolutely love them! question.

SHRM Highlights and Breakthroughs

Compensation Today

HR Management 2016 SHRM Breakthrough development hr human resources innovation leadership payscaleIt’s been a week since 2016 SHRM has concluded in Washington, D.C. No doubt SHRM is now a fading memory for many HR Professionals who are climbing out of their inbox and extinguishing the daily fires.

It's Here! PayScale's Newest Infographic Reveals the Truth about Employee Engagement

Compensation Today

PayScale From sticks and carrots, to gift cards, to extravagant perks and unlimited PTO—the face of employee engagement is ever-changing. PayScale surveyed more than 71,000 employees to study the relationship between pay and employee engagement. happy employee is likely to stay—and you’ll pull out all the stops to avoid turnover. Want employees to stay? View the infographic here

New grads don’t have skills needed for today’s work world, report says

HR Morning

But a recent study from PayScale and Future Workplace digs a little deeper into what specific skills recent grads are lacking. ‘Skills gap’ meets ‘perception gap’ ‘”We hear all the time about the ‘skills gap,’ the gap between the skills needed to succeed in the professional world and the skills with which young professionals leave college,” Payscale VP Katie Bardaro said in a press release. PayScale provides employers with comparative data on salaries. We know, that conclusion is hardly surprising.

Halloween Horror Stories: Top 5 Scariest Comp Situations

Compensation Today

When we started, they were using four different payroll systems and trying to centralize their compensation planning efforts in PayScale’s Insight.  Salary Facts & Fun comp comp stories halloween payscale scary comp storiesIt’s that time of year where the ghosts and goblins come out at night. Read on for the top 5 scariest comp situations we’ve found. HappyHalloween!

Become a Gold-Medal Compensation Expert: Train at Compference

Compensation Today

Many of the folks we work with at PayScale are doing truly innovative things with compensation. Human Resources compensation compference compference16 HR professionals human resources olympics payscaleWe’re nearly half way through the Olympics and I’m still glued to the TV set every night.  Compference16 is the next step to winning gold in Compensation! Click To Tweet.

The PayScale Index Q3 2016 – Steady Growth and a Few Happy Surprises

Compensation Today

Every quarter, thousands of companies use The PayScale Index to stay updated on economic trends as they pertain to wages. PayScale Salary Statistics 2016 Q3 payscale index compensation compensation trends Economic Trends PayScale Index united states wagesWe track quarterly changes in total cash compensation for: The United States. Canada. The United Kingdom. since 2006.

#Compference16 Most Tweetable Moments

Compensation Today

— PayScale Business (@PayScaleBiz) September 13, 2016. We are so grateful to have had such an amazing panel at #Compference16 which included Britt Provost, SVP of People and Culture at Apptio, Richika Tulshyan, Author, Jen Wyne, Director of HR at Moss Adams, and our very own Lydia Frank, Senior Director Editorial and Marketing at PayScale. Thanks @payscale for the shout out!

How do we put a price on what our employees do at work?

Compensation Today

So the HR team, headed up by Jeracah Lawless, Director of HR, decided to undertake a project to make sure we were doing right by our employees.  We partnered with PayScale , a cloud-based compensation software, to help HPM first devise a compensation philosophy and then access current market data to assign fair and objective pay to HPM’s jobs. Payscale helps us do that.”.

Data 8
More

Breaking Out Of The 'Best Practices' Ant Farm

Compensation Cafe

Payscale's 2016 Best Practices Survey  welcomes readers to a magical place called Comptopia: I n 2016, cast your compensation cares away and escape to an idyllic island known as Comptopia. Don't get me wrong - I think the kind of information contained in "best practices" resources like Payscale's can be incredibly useful,  if it's used the right way. mean, why you  really  do them?

Adobe 18
More

#WorkTrends Preview: Modern Compensation: Putting People First

TalentCulture

Next week on the #WorkTrends show, we will be joined special guest Tim Low from Payscale to discuss the idea of putting people first in compensation plans. Biro and guest Tim Low from Payscale as they discuss how to put people first in compensation. WorkTrends Previews compensation Employees modern compensation PayScale salaryModern Compensation: Putting People First.

Compference16 Recap: Communicating Comp, Transparency, and a Stranger Things Joke

Compensation Today

It came up multiple times over the two days and I enjoyed hearing the ‘why’ in sessions, but also how other PayScale/Marketpay customers were executing their communication plans. struck up a conversation about training managers on compensation with another attendee, which is on the forefront of my mind since I head up our L&D function at PayScale and will be taking on that task myself.

PayScale and MarketPay Team Up

Compensation Today

PayScale Exciting News! PayScale announced it will merge with MarketPay! PayScale will incorporate MarketPay’s advanced data management and market pricing applications for large organizations into its line of innovative compensation solutions. Merging with MarketPay, PayScale will have a deeper understanding of what it takes to pay fairly.

The Pay Business is the People Business

TalentCulture

At PayScale we keep this notion central in all that we do to support companies in doing Modern Compensation. That said, in a survey PayScale conducted of 71,000 people, we found that most people don’t actually know if they’re paid fairly. The Modern Comp Manifesto. When you stop to think about it, the pay business is really the people business. Be Fair: Pay them right. This is huge.

Myth Buster: People Don't Leave Their Jobs Because of Pay

Compensation Today

PayScale Busted! The majority of respondents to the PayScale Compensation Best Practices Report cited “seeking higher pay elsewhere” as the primary reason for leaving a company. There’s more where this came from…check out the top 10 myths PayScale’s debunked! In 2015, the number one reason most people left companies was compensation. Moral of the story? Money CAN buy you love.

PayScale was Featured in World at Work!

Compensation Today

PayScale The article— “4 Compensation Best Practices for Merged or Acquired Companies” written by PayScale’s Comp Pro Sonnet Lauberth, CCP—was recently published in World at Work’s Compensation Focus. Are you facing a merger or acquisition and fear the risk of losing top talent? Does the inevitable organizational shift make you nervous? Not to worry. Check out the full article here

Top Performing Company Pay Practices: 2016 PayScale Report

HR Daily Advisor

PayScale’s latest study of compensation practices, the 2016 Compensation Best Practices Report, shows that many companies are rethinking traditional ways of handling pay. The post Top Performing Company Pay Practices: 2016 PayScale Report appeared first on HR Daily Advisor. So what’s new in the way your company approaches compensation? Read more.

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

Blogging 4 Jobs

A new study by Payscale adds depth to the gender wage gap discussion. To arrive at the controlled wage gap, Payscale compared wages in identical jobs: HR Manager to HR Manager. To arrive at the uncontrolled wage gap, Payscale compared sector earnings to sector earnings: women in HR to men in HR. Payscale found that as job level increases, so does the pay gap.

New Comp Survey Finds – Surprise! – That Workers Might Want a Better Deal

TLNT: The Business of HR

Last week, compensation solutions expert PayScale released its annual 2015 Compensation Best Practices Report. PayScale titled its report Attack of the Out-of-Date Comp Plan   (cute, huh?), more…). Compensation HR News & Trends Best practices Change management Company culture Engagement HR management HR News HR trends talent management

Fair, Transparent, and Modern: Recapping the #WorkTrends Event

Compensation Today

We’re pretty passionate about Modern Compensation at PayScale. Communicating compensation modern compensation payscale people business talent culture worktrendsWe recently did a #WorkTrends event with TalentCulture where we proselytized the value of doing modern comp and having a thoughtful and visionary comp strategy that is fair, transparent, and modern. What’s the trick? Be Fair.

PayScale Contributes Data to President Obama's College Scorecard

Compensation Today

PayScale’s College ROI Report is one of the data sources for the College Scorecard. This emphasis on incorporating reliable data, from the President of the United States himself, underscores PayScale’s value proposition in red, white, and blue. Get a demo of PayScale's compensation data software But there’s more to it than that. That’s pretty exciting.”

A Data Person’s Take on Compference16

Compensation Today

Here we had a diverse group of people ready to speak and learn all about compensation at PayScale’s premier user conference. During a session on the state of reviews, PayScale’s SVP of Marketing, Tim Low, and VP of People, Stacey Klimek, shared a study done by Deloitte that found their performance review cycle consumed ~2 million hours a year. The excitement was palpable.

Snackable: PayScale VP Tim Low, alongside Google’s Laszlo Block, weighs in on Salary Transparency

Compensation Today

Joleen Oerman, PayScale The trend toward salary transparency is on the rise and continues to be a hotly debated topic. Payscale’s VP of Marketing Tim Low, along with Google’s Senior VP Laszlo Bock, was recently interviewed on the topic. Read the piece in entirety here

Trends 1
More

PayScale's Compensation Glossary: Part 3 of 4

Compensation Today

Jenni Marquez, CCP, PayScale Compensation Professional Wow! Get the rest of the PayScale Compensation Glossary here: Part 1: Comp 101 Part 2: Market PricingCan you believe it that we’re half way through our 4-Part Comp Glossary bringing you closer to ‘comp’lete mastery of the compensation language?! This is a good approach if your company has fewer than 20 positions. ratio of 1.00

Groups 1
More

Everyone Thinks They're Underpaid—They're Wrong

Compensation Today

Rita Patterson, Onboarding Team Lead, PayScale Your employees might not be underpaid, but they're probably under-informed. In the 2015 Compensation Best Practices Report PayScale found that the number one reason most people left a company was compensation. Another PayScale study confirmed that 64% of individuals who are in fact paid at market, believe they are paid below market.

#WorkTrends Recap: Modern Compensation: Putting People First

TalentCulture

On today’s  #WorkTrends show, we were joined by special guest Tim Low from PayScale. WorkTrend Recaps compensation Employees modern compensation PayScale salaryWhen companies start to work on their compensation plans, they often do so with spreadsheets and formulas, far removed from either the people impacted by compensation or the organizational objectives. Missed the show?

Trends 5
More

PayScale Partners With White House & Dept of Ed on College Scorecard Rollout

Compensation Today

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. This emphasis on data transparency, from the President of the United States himself, underscores PayScale’s value proposition in red, white, and blue. Have a kid prepping for college?

Data 1
More

Top 5 Insights from Last Year’s CBPR (plus take the new survey!)

Compensation Today

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. Top Five Insights from PayScale’s 2015 Compensation Best Practices Report: 1.

Retention, retention, retention: Employers focus on keeping staff in 2015

Compensation Today

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. Learn more about retention when you download PayScale’s 2015 Compensation Best Practices Report In fact, concern surrounding this topic is up 125% since 2009.