Compensation Today

MARCH 20, 2017

One intentional decision that too many companies aren’t making: establishing their compensation strategy. PayScale’s 2017 Compensation Best Practices Report (CBPR) found that just 37 percent of all organizations have a comp strategy. What is a compensation strategy? Click To Tweet.

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Compensation Strategy Hiring Software Planning Tools 81

Compensation Today

FEBRUARY 23, 2017

At PayScale, we think the way you pay says a lot about you as an organization. Compensation should be a reflection of and an extension of your culture. In PayScale’s 2017 Compensation Best Practices Report (CBPR), we found that 57 percent of organizations agree that compensation is becoming more important to their executives.

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Compensation Strategy Bonuses and Incentives Payscale 88

Compensation Today

APRIL 26, 2017

While they have done much to repair the damage, a recent development highlights how this is not only affecting their external customer satisfaction policies but their internal compensation policies as well. Let’s examine their decision more closely to see what we can learn from their executive compensation plan change.

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Compensation Payscale Bonuses and Incentives Metrics 70

HRsoft

SEPTEMBER 27, 2018

For decades, compensation surveys have been the leading source where employers could go to learn about pay dynamics in the marketplace. Corporate compensation departments have long been told by corporate legal departments that gender data (as well as age and ethnicity data) should not be provided in compensation surveys.

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Compensation Today

MARCH 17, 2017

Last month when PayScale published the 2017 Compensation Best Practices Report (CBPR), research showed that 40 percent of all organizations provide total compensation statements. What Is a Total Compensation Statement? Learn More About Our Compensation Software. The Wrong Way to Communicate Compensation.

Compensation 101

Compensation Hiring Software Payscale Compliance Training 101

TalentCulture

APRIL 10, 2017

To stand out from the crowd of employers, here are five tips to implement now: Make it all about the perks (well, almost ). Unfortunately, there’s often a disconnect between what employers perceive to be fair compensation, and how staffers actually feel about their paychecks. A version of this was first posted on V3B.com.

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Wage and Hour Training Payscale Compensation Survey 109

Compensation Today

APRIL 20, 2017

PayScale has a work hard, live well culture. My closet is bursting with PayScale t-shirt and sweatshirt pride. PayScale’s 2017 Compensation Best Practices Report gathered information from more than 500 respondents in the tech industry. At PayScale we believe in creating a win-win for employers and employees.

Industry 53

Industry Payscale Trends Compensation 53

HR Daily Advisor

APRIL 11, 2017

There are several differences between how top-performing companies handle compensation and how typical companies approach the issue, according to the results of a recent survey. The webinar discussed the findings of the organization’s recent compensation survey, which asked 7,700 Human Resources professionals about their pay practices.

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Compensation Today

SEPTEMBER 14, 2017

This is a lesson from PayScale’s Modern Compensation Planning ecourse. With your compensation plan in hand, it’s now time to take all your preparations and begin to utilize your comp plan. Bring your managers into the know so they can help share compensation information with the employees they supervise. GET A DEMO.

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Planning Tools Compensation Payscale Compliance Training 46

Yello

MARCH 17, 2017

03/17/2017 // By t racy kelly // TALENT TRENDS. When members of the 2017 graduating class begin negotiating salary for their first jobs, they may be in for a surprise. The 2017 Yello Collegiate Study surveyed more than 1,700 college students and found this group expects high paychecks from their first job.

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Talent Acquisition Payscale Compensation Time and Attendance 40

Compensation Today

JULY 17, 2017

In the 2017 Compensation Best Practices Report , PayScale found that 89 percent of organizations reward and/or recognize performance in some way. In the 2017 Compensation Best Practices Report, PayScale found that 89 percent of organizations reward and/or recognize performance in some way. GET A DEMO.

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Bonuses and Incentives Payscale Planning Tools Compensation 81

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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Compensation Today

AUGUST 8, 2017

Transparent pay practices lead to higher satisfaction and lower intent to leave, according to a 2015 PayScale study. With so many compensation data sources available to employees, they are increasingly coming to meetings and interviews equipped with data, expecting to have very open conversations about pay. Click To Tweet.

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Planning Tools Compensation Payscale Assessment Software 90

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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Compensation Today

MARCH 28, 2017

They also need to learn how to overcome the opportunity gap, which happens when women are underrepresented in leadership and management level positions (as well as the highest paying job roles and industries). Tune in to PayScale’s Live Equal Pay Day Broadcast. How Can You Participate in PayScale’s Equal Pay Day Event?

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Compensation Today

AUGUST 7, 2017

PayScale data suggest that about half of all organizations are aiming for pay transparency in 2017. PayScale data suggest that about half of all organizations are aiming for pay transparency in 2017. PayScale data suggest that about half of all organizations are aiming for pay transparency in 2017.

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Compensation Today

DECEMBER 13, 2016

Take the 2017 Compensation Best Practices Survey Now! It is so important that you, as a HR and compensation professional, take our 2017 Compensation Best Practices Survey. The report highlights key issues in HR and Compensation, and also analyzes their potential impact on the future. Managing Millennials.

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Compensation Today

OCTOBER 11, 2017

PayScale’s Q3 Index was released today! percent since Q2 2017 and 2.8 percent since Q2 2017. percent, well above the national average. percent) are well below the national average of 0.7 Learn More About Our Compensation Software. Nominal wages in the U.S. percent since Q3 2016. Nominal wages in the U.S.

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Payscale Data Industry Compensation 49

Compensation Today

JUNE 5, 2017

PayScale’s 2017 Compensation Best Practices Report found that 56 percent of employers consider retention a major concern. Regardless of the drivers, a June 2017 PayScale Study [i] shows us the jobs where employees have reported the greatest intent to leave within the next six months. Top 10 List Overall.

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Compensation Today

APRIL 13, 2017

Early in my career at PayScale, I worked with a manufacturing company that had recently done some merging. The HR leader was thrilled because now he could finally tell the story of how well they were paying at their organization. Learn More About Our Compensation Software. In fact, they had four different regions in the U.S.

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Compensation Today

SEPTEMBER 29, 2017

Figured out your schedule for Compference 2017 yet? Your must-see sessions begin on Tuesday, October 3rd at 11:45 am, with expert insight on how compensation really affects retention — and for the better. Customer Story: Demystifying Compensation and Building Manager Engagement in a Changing Culture”. If not, we get it.

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Payscale Retention and Turnover Compensation Study 42

Compensation Today

MARCH 16, 2017

That’s true in Washington state as well. Learn More About Our Compensation Software. In a 2017 study of over 500 bartenders PayScale found that of these cities, Seattle bartenders make out best on tips, making an additional $590 weekly in tips. The rules are more interesting in Massachusetts, New York, and Illinois.

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Compensation Today

MARCH 31, 2017

April 4th is Equal Pay Day , and PayScale will be hosting a Facebook live stream discussion about the challenges facing women in the workforce, including pay equity. The Equal Pay Act of 1963 became law in, well, 1963, and the Lilly Ledbetter Fair Pay Act , which extends the time to file an equal-pay lawsuit, is eight years old.

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Compensation Today

FEBRUARY 3, 2016

Mykkah Herner, MA, CCP, Modern Compensation Evangelist, PayScale On Friday, President Obama announced a proposal submitted by the EEOC that would require employers with 100+ employees to report, not just employee demographic data, but also pay data. Have a sound compensation plan (ie legally defensible). Mykkah Herner, M.A.,

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Astron Solutions

JUNE 23, 2020

Your workforce should be free of biases in these categories as well. • This year, Payscale released a report reviewing gender pay gaps and racial pay gaps. The ratio of the median earnings of women to men when considering compensable factors also decreased, but only by $0.01 Hiring Practices. only decreased by $0.07 since 2015.

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HRExecutive

APRIL 3, 2017

Now, said Lamb in the teleconference, her firm is going after six top banks and credit-card companies that it has financial stakes in — Wells Fargo, Citigroup, Bank of America, JP Morgan, MasterCard and American Express — to pressure them to do the same by officially considering its proposal in this year’s annual proxy statement.

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Namely

MAY 24, 2018

There are numerous theories as to what causes the wage gap, as well as ideas of how to level the proverbial playing field. In 2017, Swedish dads took more than 27 percent of the total leave allotted to couples nationwide. This post originally appeared on Payscale and had been adapted for The Namely Blog. Parental leave.

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Compensation Today

MARCH 1, 2017

We tell them they’re responsible for the engagement, development and performance of their team, but then we don’t allow them to control compensation for their employees or spend a ton of time teaching them to manage. In fact, only 30 percent offer managers training about how to talk about compensation.

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Compliance Training Training Payscale Compensation 40

Compensation Today

MARCH 3, 2017

While I’m not here to play the court of public opinion regarding the validity of these stories, I am here to tell you: It’s 2017, and sexism in the workplace is something every organization should be concerned about. Her account is a story of sexism, sexual harassment and HR violations that left many asking, “Are you kidding me?!”.

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Sexual Harassment Harassment Payscale Compliance Training 40

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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Hiring Software Payscale HR Software Background screening 66

Astron Solutions

JANUARY 3, 2023

From the pandemic to the Great Resignation to today’s continued economic turbulence, organizations have had to rethink what the world of work looks like, especially when it comes to compensation. Let’s take a look at what is currently going on in the realm of compensation. Here are some things to keep in mind.

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Compensation Trends Bonuses and Incentives Wage and Hour Training 52

Bob

MARCH 3, 2024

The gender pay gap is getting narrower, but at a glacial pace as shown by this 2024 Payscale survey. Pay transparency is the practice of openly sharing information about compensation in the pursuit of pay equity, allowing people to understand how their pay compares to others and promoting fairness in the workplace.

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HR Software Hiring Software Discrimination Assessment Software 148

Zenefits

JULY 9, 2022

Between 2015 and 2017, Salesforce spent $6 million to raise their female employees’ pay to match their male counterparts’. Citigroup took similar but less costly steps in 2018 to boost pay for non-White employees, as well as women. But statistics also break down pay differences among women, as well as among men.

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Wage and Hour Training Onboarding Software Background screening Staffing Software 36

HR Daily Advisor

OCTOBER 10, 2018

Payscale released their Q3 2018 PayScale Index yesterday. The aim of the research is to identify and track quarterly and annual compensation trends (as well as forecast the next quarter). While the ECI tracks employment costs within organizations, the PayScale Index tracks workers’ wages across various organizations.

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Compensation Today

AUGUST 28, 2017

This is an excerpt from our forthcoming whitepaper entitled “The Compensation Data Landscape: A Review of Data Sources, Plus How to Choose.” According to PayScale’s 2017 Compensation Best Practices Report , 25 percent of organizations have completed a full market study in the past six months. Do you hire in cycles?

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Data Hiring Software Compensation Payscale 50

Lighthouse

JANUARY 5, 2022

Paradox, one of the leading chatbot and conversational recruiting tools in the market, acquired Traitify, known for its speedy assessment platform well-suited to hourly and high volume hiring. The rollup over the years has been pretty incredible to watch: Halogen (performance for SMB) was acquired by Saba in 2017.

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HR Software Hiring Software Bullhorn Recruiting Software 221

Compensation Today

NOVEMBER 11, 2016

While the presidential election has been top of mind this week for many Americans, and it is undeniable that the presidency has a huge impact on compensation, some of the state and local election results have been very noteworthy as well. hour in 2017. by 2020, jumping up to $11 in 2017.

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Compensation Payscale Policies Company 71