Compensation Today

MARCH 2, 2016

Mykkah Herner, MA, CCP, Modern Compensation Evangelist, PayScale PayScale’s 2016 Compensation Best Practices Report is here! This year, for the first time ever, we differentiate top performing companies from the rest. Here are the top 10 things that distinguish top performing companies. #1:

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Compensation Today

MARCH 10, 2017

Based on research published in our 2017 Compensation Best Practices Report (CBPR) , only 57 percent of employers feel confident that their employees “have a great relationship with their direct managers.” From the CBPR: … great managers can indeed be a port in the storm for employees. So now you can take a load off, right? GET A DEMO.

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Compensation Today

MARCH 22, 2017

As we discussed in part one of this series , PayScale’s 2017 Compensation Best Practices Report (CBPR) found that just 37 percent of organizations have a defined compensation strategy. Performance was the number one reason for raises in 2016, according to the 2017 CBPR.) those where a scarcity of qualified talent is driving up pay).

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Compensation Today

AUGUST 8, 2017

In PayScale’s 2017 Compensation Best Practices Report (CBPR), while just 31 percent of organizations identified as transparent in 2016 (level 3 or higher on the pay transparency spectrum), 49 percent said they’d like to be transparent in 2017. 49 percent of orgs said they'd like become transparent about pay in 2017.

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Compensation Today

AUGUST 7, 2017

PayScale’s Compensation Best Practices Report (CBPR) revealed that 49 percent of organizations were at level 1 transparency in 2016, although only 27 percent are aiming for level 1 transparency in 2017. According to the CBPR, 6 percent of organizations were at a level 5 transparency in 2016 and 8 percent aim to be in 2017.

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Compensation Today

JULY 10, 2017

According to PayScale’s 2017 Compensation Best Practices Report (CBPR), 31 percent of organizations budgeted a 3 percent increase. According to PayScale’s 2017 Compensation Best Practices Report (CBPR), 31 percent of organizations budgeted a 3 percent increase. Click To Tweet.

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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 should companies share with employees and how?

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Compensation Today

DECEMBER 7, 2015

For those who don’t know, every year PayScale produces the Compensation Best Practices Report.

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Compensation Today

APRIL 3, 2015

Or could it be that Apple, like most other employers—57 percent, according to PayScale’s 2015 Compensation Best Practices Report (CBPR)—is simply concerned about employee retention? PayScale’s 2014 CBPR noted that 40 percent of companies were in favor of raising the minimum to $10.10

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Compensation Today

APRIL 3, 2015

Or could it be that Apple, like most other employers—57 percent, according to PayScale’s 2015 Compensation Best Practices Report (CBPR)—is simply concerned about employee retention? PayScale’s 2014 CBPR noted that 40 percent of companies were in favor of raising the minimum to $10.10

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Hiring Software Compensation Analysis Report 40

Compensation Today

JULY 14, 2017

The annual Compensation Best Practices Report (CBPR) you know and love now has an all-Canada edition!

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Compensation Today

MAY 27, 2015

Crystal Spraggins, SPHR PayScale’s 2015 Compensation Best Practices Report (CBPR) noted two primary reasons people quit their jobs last year: personal reasons (family, marriage, health, school, etc.) And according to the CBPR, money is the main reason people leave medium and small companies. and “seeking higher pay elsewhere.”

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Compensation Today

AUGUST 3, 2017

Download the 2017 CBPR today! Top-performing companies are more likely to reference market data for individual job titles at least monthly (34 percent vs. 29 percent of typical companies). Want more insight into how other organizations are handling compensation? Tell Us What You Think. We want to hear from you. Talk to us in the comments.

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HR Daily Advisor

MARCH 11, 2015

This is the sixth year PayScale has conducted the Compensation Best Practices Report (CBPR), a comprehensive survey that reflects employers’ attitudes and perceptions about key compensation practices.

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Compensation Today

SEPTEMBER 20, 2017

Take a look at these data from the CBPR : How Organizations Reward/Recognize High-Performing Employees. Rewards come in many forms, and what’s motivating to one team or individual isn’t necessarily what would entice another. A big part of getting your incentive plan right is knowing what form of compensation will be most effective.

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Compensation Today

SEPTEMBER 14, 2017

Only 19% of companies say they are “very confident” in their managers’ abilities to have tough conversations about compensation with employees ( PayScale’s 2017 CBPR ). When it comes to communication, 75% of conversations about pay happen between managers and employees ( CEB ).

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Planning Tools Compensation Payscale Compliance Training 46

Compensation Today

OCTOBER 4, 2017

The 2017 Compensation Best Practices Report (CBPR) found that only 19 percent of companies say they are “very confident in their managers’ abilities to have tough conversations about compensation with employees.” It’s pretty powerful to see it in that format. Provide Manager Training.

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Compensation Today

MAY 29, 2015

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. When asked, “How much of a concern is employee retention in 2015?” 57 percent of employers answered retention was a “top” or “high” concern.

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Compensation Today

MAY 29, 2015

Tessara Smith 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. When asked, “How much of a concern is employee retention in 2015?” 57 percent of employers answered retention was a “top” or “high” concern.

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Compensation Today

APRIL 8, 2015

Download PayScale’s full 2015 CBPR report here.' Forty (40) percent of employers are in favor of the law, 30 percent are against it, and 30 percent are unsure. Want to ensure your compensation strategy is “lovable?”

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Compensation Today

APRIL 28, 2015

Responses from PayScale’s 2015 Compensation Best Practices Report ( CBPR) are in line with BLS reports. Although employers only added 126,000 jobs in March (far below the 295,000 added in February), we’ve seen an average of 269,000 jobs per month over the past year, according to the Bureau of Labor Statistics (BLS).

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Compensation Today

MAY 19, 2015

What’s more, according to PayScale’s 2015 Compensation Best Practices Report (CBPR), nearly a third of companies don’t regularly perform market and compensation analysis, and most (57.1 Crystal Spraggins, SPHR Unless you’re about to drop a load of cash on someone, money talks can be tense.

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Compensation Today

MARCH 30, 2017

Research from the CBPR shows that 50 percent of companies agree that compensation drives engagement, but only 26 percent have adjusted pay as a result of engagement survey feedback. Want to know more?

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Compensation Today

JULY 27, 2016

Consider offering team incentives; 26% of respondents to the CBPR already offer team incentives. Incentive pay : This is perhaps the clearest way of linking performance and results with pay. With incentives, companies and employees agree on the right goals to deliver results, then pay on delivery.

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Engagedly

APRIL 4, 2022

Source: Payscale’s 2022 Compensation Best Practices Report (CBPR). To combat these challenges, 41% of US organizations are planning to roll out higher than 3% pay raises for their employees. This accounts for a 13% increase in the average pay hike in the last six years. But will the planned hike satisfy the needs of the employees?

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HR Daily Advisor

APRIL 25, 2017

In fact, PayScale’s 2017 Compensation Best Practices Report (CBPR) reveals a shift in strategy, as well as a gap between the perceptions of employees and employers with regard to pay.

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Compensation Today

JUNE 26, 2017

In PayScale’s 2017 Compensation Best Practices Report (CBPR), nearly half (49 percent) of surveyed organizations said they are aiming for pay transparency this year. While transparency is deeply rooted in our values and compensation philosophy here at PayScale, we’re not the only ones who are recognizing and embracing this thriving trend.

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Workday

MAY 12, 2022

As part of this commitment, we are very pleased to see progress in privacy certification mechanisms in different parts of the world, and as a long-time supporter of the Asia-Pacific Economic Cooperation (APEC) Cross Border Privacy Rules (CBPR) and the first company to certify to the APEC Privacy Recognition for Processors (PRP), we applaud the U.S.

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Compensation Today

MAY 3, 2017

In a prior life, I did compensation and HR for a nonprofit. Every year, the age-old question would come up when it came time to benchmark our fundraising and programmatic jobs. The fundraisers, especially the Major Gifts Officers, had some pretty hefty goals to bring in cash.

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Compensation Today

APRIL 20, 2017

PayScale has a work hard, live well culture. The first time we tapped our kegs on a Friday, I wondered how it came to be that having beer at work was a perk of the job. My closet is bursting with PayScale t-shirt and sweatshirt pride.

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Compensation Today

APRIL 27, 2016

In fact, the CBPR indicated that in 2015, “90 percent of top performing companies gave their employees pay raises as compared to 84 percent of average companies.” Top performing organizations seem to get this. They understand that, in most cases, cash is king. Where’s the Breakdown?

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Compensation Today

APRIL 4, 2016

The PayScale CBPR mentioned that this year, “Twenty-five percent of companies expect to make a performance management system their next software purchase.” Employees who experience performance in this way can understand how their contribution affects the bottom line and thus, their financial growth.

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Compensation Today

JANUARY 12, 2016

PayScale's 2015 CBPR uncovered that, “40 percent of employers either already have a transparent wage policy or ‘are working on’ one”, which signals that this is becoming the norm rather than the exception.

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Compensation HR Planning Payscale Hiring Software 40

Compensation Today

SEPTEMBER 20, 2016

She mentioned that 71% of Chewse employees think that their salary is fair, which is amazing compared to the 36% average in the PayScale 2016 CBPR. It is possible to run a successful love company. Benefits of salary transparency at @Chewse. Jaws across the room dropped at this slide. lovecompany #compference16 pic.twitter.com/pzNGBlLE2x.

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