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Payscale Study: 22% Of Companies Are Limiting Salary Increases

Wellable

22% of US companies plan to cut salary raise budgets next year. The post Payscale Study: 22% Of Companies Are Limiting Salary Increases appeared first on Wellable. How can organizations meet employee expectations while maintaining financial stability?

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Payscale

HR Lineup

Payscale is a website that allows individuals to research and compare salaries for different jobs and industries. Payscale’s salary data is collected through a combination of user-submitted data and external sources, such as government data and industry reports.

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Tech is changing the game for compensation managers

HR Brew

Employers have more access to compensation data than ever before, thanks in part to laws that have prompted companies to start sharing more information about pay, as well as a push by workers to receive more information about how they’re paid. With more transparency, you need more consistency in your pay decisions,” she continued.

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2022 Was Another Record Year for HR Tech: See 20+ M&A Activities that Shaped the Market

Lighthouse

What’s most exciting for us is that many of these companies that are succeeding and shaking up the industry are also winners in the HR Tech Awards program (now accepting 2023 submissions), a clear indication that the judges in our program see significant value in what these firms are bringing to the market for their clients.

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2019 Compensation Best Practices Report

Whatever the reason, with everything from compensation to company outlook to key corporate values being shared online, it's easier than ever for workers to research and evaluate employers. Some surveys show that money is the biggest motivator driving employees to seek other jobs, while others show career growth as the primary incentive.

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How to approach pay differences for employees doing remote work

Business Management Daily

Of workers surveyed by the Robert Half staffing firm, 51% said they would consider moving to a different city if their company offered long-term remote arrangements. However, how companies are handling this situation has varied. A recent poll of HR managers suggests many companies are open to the idea of an anywhere workforce.

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5 Ways Compensation Practices Harm Your Employees and Company

Betterworks

Should companies tie their compensation practices to performance? In fact, according to 2023 research by Payscale, 35% of companies say pay is the No. On the surface, this seems logical to both employees and employers. The war for talent remains real despite a soft economy and the rise of AI. 1 reason why they lose […]