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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. Click To Tweet. “

PayScale’s 2017 Compensation Best Practices Report Is Here

Compensation Today

Today we release the eighth annual installment of PayScale’s Compensation Best Practices Report. Results from PayScale’s 2017 Compensation Best Practices Report support this disconnect: 44 percent of employers believe their employees are paid fairly, but only 20 percent of employees agree. We’ve called this disconnect “the Corporate Chasm.” So what can employers do about it?

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.

New PayScale Data Shows Companies Complying with Proposed FLSA Changes Anyway

Compensation Today

PayScale’s unique dynamic data has allowed us early visibility into a trend showing just that: it appears that companies are following through with the proposed changes, regardless of whether the revised changes go into effect or not. PayScale #data shows companies are following through with #FLSA changes! This FLSA stuff is getting convoluted. Click To Tweet. to be exact). 30.9,

PayScale Tools for Today's Comp Pro! Compensation Glossary: Part 1 of 4

Compensation Today

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. PayScale has you covered in our new, 4-part Comp Glossary. Today’s Lesson: A Little Comp 101 Consider the comp pros at PayScale to be an extension of your team! Comp has its own language. Not to worry!

Tune In: PayScale Senior Vice President of Marketing Tim Low to Discuss “The Pay Business is the People Business”

Compensation Today

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.” Tune in Wednesday, July 20th, for a live podcast event! The #WorkTrends events has two parts, and we encourage you to participate in both!

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. You may have noticed something a little different the last time you visited the content section of the PayScale website. Did you know that PayScale has a whole content section dedicated to videos and tools?

Want to upgrade compensation best practices? Then Take Our Survey!  

Compensation Today

PayScale invited more than 250,000 professionals and business executives to participate in our 2017 Compensation Best Practices Report (CBPR) survey. PayScale CBPR 2017 compensation Compensation best practices future of compFrom the results of this survey we will produce the 2017 CBPR and reveal critical compensation trends that will help you upgrade your profession. Click To Tweet.

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. Just as PayScale makes compensation accessible for the non-compensation practitioner, the panel discussions had something for all levels of expertise. The PayScale Team Is Amazing . Comptopia is PayScale’s way of adding a gamification element into Compference.

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?

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. A 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

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

Compensation Today

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. In September, Jeracah was invited to speak at PayScale’s Compference 2016 in Seattle, Washington, to a group of HR and compensation professionals. Payscale helps us do that.”.

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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.

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. I 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?” I absolutely love them! question.

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.

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 Proposed FLSA Change has Already Affected Salaries

Compensation Today

Although we cannot say for certain what caused these changes, PayScale’s data suggest that across all industries, companies have been working for months to raise salaries above the updated rule’s threshold. PayScale #data suggests companies have been raising salaries above new proposed #FLSA threshold! New PayScale Data Shows Companies Comply with FLSA Changes Anyway.

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. I mean, why you really do them?

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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! 5: Psycho.

#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!

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.

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.

#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. I 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.

What You Need to Know About Gen Y in the Workplace

TINYpulse

Here's an infographic put together by the folks at PayScale that shines a light on the workforce trends and demographics Gen Y professionals currently face. Members of Gen Y, commonly referred to as millennials, account for an increasingly large slice of the US workforce. How does your organization stack up? Employee Engagement Culture & Values

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.

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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

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.

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.

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

Workology

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?), At least that’s what I think they believe.) more…).

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.”

#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?