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PayScale Tools for Today's Comp Pro! Compensation Glossary: Part 2 of 4

Compensation Today

Jenni Marquez, CCP, PayScale Compensation Professional PayScale’s Comp Glossary returns! Consider the comp pros at PayScale to be an extension of your team! 2) BENCHMARK JOB Definition: A job commonly found in the market. A benchmark job is what you use to compare pay at your company with pay in the market.

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7 Compensation Issues and How to Fix Them

Analytics in HR

However, usually, these conclusions tend to be made based on a comparison with peers working in the same job and industry. A compensation consultant can support your organization by setting salaries and pay grades for new positions, collecting benchmarking data on wages, and recommending bonus structures. Let’s dive in!

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What Other Employers Can Learn From Uber: Recognizing and Combating Sexism in the Workplace

Compensation Today

Start with a gender earnings comparison – through a compensation analytics tool or via spreadsheet – to see if there are any uncovered pay inequities in your organization. Recently, companies like Apple, Microsoft and Facebook have pledged to close the gender pay gap at their companies, in part by conducting annual pay analyses.