Compensation Today

JULY 21, 2017

We’ve written a lot at PayScale about compensation communication — especially about WHY talking about compensation is important, and WHO should be talking about pay. When’s the right time for compensation conversations — and what should you be sharing at that time? Learn More About Our Compensation Software.

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Affinity HR Group

JUNE 14, 2024

But don’t relax too much – compensation is still important. In a recent Compensation Best Practices Report published by Payscale, a majority of employers reported compensation as their biggest challenge – a bigger challenge than either recruitment or retention. More about the last one below.

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Affinity HR Group

DECEMBER 19, 2019

With 2019 over and at the dawn of a new decade, it’s an ideal time to think about bonuses for 2020. Organizations of all sizes and across all industries use bonus programs as an important component of total compensation. Discretionary Bonuses. Non-Discretionary Bonuses. There are many types of non-discretionary bonuses.

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Compensation Today

OCTOBER 19, 2015

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. That’s because, despite being part of the HR department, compensation is like the cool kid at a party. You know, the one you’re afraid to talk to.

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Zalaris

MARCH 18, 2024

This assessment is in addition to the already existing expenses like hiring, onboarding, and training as well as lost productivity from vacant jobs because of changing circumstances. Why do you need compensation strategies? Pay parity and benefit parity are guaranteed by well-managed compensation plans throughout the whole company.

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ClearCompany HRM

MAY 8, 2025

This post was originally published in June 2015 and was updated with new information about multigenerational compensation strategies in May 2025. That means your HR team has to tune in to the varying priorities of a multigenerational workforce, including when it comes to your compensation strategy. Generational stereotypes?

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Oracle HCM - Modern HR in the Cloud

OCTOBER 10, 2019

The right compensation strategy and structure can help us both hire and retain great talent. The challenge with developing the right compensation strategy is that there is no “one size fits all.” Top performing, fast-paced organizations deliver spot and project completion bonuses on top of base pay.

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Zenefits

DECEMBER 29, 2021

As the workforce moves towards more freelance, contract, and part-time engagements, companies need to make sure they are compensating their employees in a way that meets today’s work style. Creating a compensation philosophy that aligns with your company strategy is one way to strengthen hiring and retention.

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Heyyy HR!

JUNE 5, 2024

Salary ranges can be compared on platforms like Salary.com , Built-In , job postings in Indeed, the US government’s US Bureau of Labor Statistics , and others. Employers may use internal and external compensation resources to set competitive salary ranges, while employees might use compensation data to negotiate their earnings.

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Achievers

OCTOBER 20, 2020

Incentives give employees something to strive for and provide tangible acknowledgement of their great work. When an incentive is offered, 85 percent of workers feel more motivated to do their best. If you’re interested in discovering the most impactful employee incentive programs available for your organization, read on.

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AIHR

JULY 31, 2023

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Internal mobility helps organizations improve employee engagement and retention while reducing hiring costs.

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Workable

FEBRUARY 7, 2024

Pay transparency – or salary transparency – is a setup in a company (or industry) where companies provide information on pay and compensation to employees. Try Workable's HR software You can hire with Workable, and you can also onboard and manage your new employees all within the same platform without messy integrations.

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Thrive TRM

JANUARY 4, 2024

According to True Search’s latest Talent Partner survey , talent partners at VC and PE firms spend about 10% of their time advising portfolio companies on executive compensation matters. Secondary data sources include Payscale, Thrive, Ravio, and Comp Analyst, along with survey data from Sequoia, PCECS, and proprietary internal networks.

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Compensation Today

APRIL 27, 2016

Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger When I wrote Golden Carrots Don’t Produce Employee Engagement last year, little did I know just how much this would ring true for 2016. Compensation is more than just developing incentive plans and giving people small annual raises. It’s so much more.

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Compensation Today

APRIL 19, 2016

Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger It always seems as if one company tries to be progressive in terms of it’s compensation strategy, it shakes things up for the rest of the business world. This comes on the heels of somewhat stagnant growth and the company’s efforts to retain key employees with generous bonuses.

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GetFive

SEPTEMBER 24, 2021

study said boards should be fired if companies don’t walk HR’s talk, there was more employer backlash against Texas, the holiday hiring market got more grim, and a study showed most employers don’t have a pay strategy for remote workers. “What really matters, though, is that compensation programs are competitive, consistent, and fair.”

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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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HR Lineup

AUGUST 16, 2024

Salary benchmarking, also known as compensation benchmarking, is a crucial process for businesses that aim to maintain a competitive edge in attracting and retaining talent. It involves comparing internal job salaries against external market data to ensure that a company’s compensation structure is both fair and competitive.

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ClearCompany HRM

APRIL 1, 2025

The 2020s are shaping up to be a decade of consistent change for nearly every aspect of human resources, employee compensation included. If your recruitment efforts are still relying on outdated or undefined compensation strategies, chances are its already costing you. Deep Dive: What Is Compensation Management?

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