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3 compensation issues topping HR’s priority list


HR leaders are increasingly facing sleepless nights over rapid changes in the world of compensation—as pay transparency laws sweep the country, illuminating pay equity issues and their own need to develop data-crunching skills and savvy. The post 3 compensation issues topping HR’s priority list appeared first on HR Executive.

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Employee compensation – what you need to know and why


Fostering a positive environment that supports team members as people instead of human capital is important, and in many instances, those initiatives are actually part of a compensation strategy, but a generous compensation package is a surefire way to catch the attention of quality candidates and establish loyalty with high-performing employees.


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How To Calculate Total Compensation


Total compensation reflects all that employees earn. Both employers and employees should be aware of total compensation packages so they can fairly evaluate employee pay. Employers must budget for all that’s included within an employee compensation package , and they must also compose competitive offers.

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A Guide to Compensation Analysis

Analytics in HR

Compensation analysis is vital to providing fair, equitable compensation. Smart organizations know that providing the right compensation is one of the key pillars to attract and retain the best talent. The purpose of this guide is to provide a basic understanding of compensation analysis and its associated benefits.

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Small Business Compensation Trends for 2018

We’ve developed a special edition of PayScale’s 2018 Compensation Best Practices Report (CBPR) specifically for small businesses. Download the free small business edition to gain insights such as: Top compensation priorities and concerns for small businesses in 2018.

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Compensation Analysis: The Definitive 2022 Guide


Conducting compensation analysis is a lengthy, necessary project. Companies will want to ensure that their compensation packages remain in alignment with the market — otherwise, they risk losing staff to other businesses that offer higher salaries. . What Is a Compensation Analysis?

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4 Different Types of Compensation


There are four different ways to demonstrate to your employees that you appreciate their work using compensation. Today’s top professionals are looking for custom compensation options and flexible earning potential. Direct compensation is monetary, usually providing a financial benefit.

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Compensation Dictionary

We’ve compiled a list of fundamental compensation terms and why they’re important to know. Think of this as your comp cheat sheet—terms you need to know to put you on the fast track to becoming that cool comp kid we know you can be. Sure, you’ve heard some of the terms before, but you have no idea what they mean. Not to worry!

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The 2019 Compensation Best Practices Report

Speaker: Wendy Brown, Director of Content Marketing, PayScale

According to PayScale’s latest Compensation Best Practices Report (CBPR) survey, nearly half of employers feel that the strong job market has increased their turnover rates.

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The 2019 PayScale Wage Index

No matter your industry, it's crucial that you stay up to date on the current compensation trends. The PayScale Index will let you do just that - it tracks quarterly changes in total cash compensation for full-time, private industry employees in 19 job categories. Wage growth for Q1 2019 by job categories.

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Don’t Let Inflation Hinder Your Approach to Total Rewards

Volatile economic conditions are pushing leaders to reframe their benefits and compensation strategies. How is your organization coping? The Q3 issue of Gallagher Better Works Insights has the details you need to create a sustainable total rewards program.

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Small Business Guide to Comp Benchmarking

Download this eBook and learn: How to choose a compensation strategy. Understanding the market, then determining guidelines for pay isn’t just a nice to have for today’s talent, it’s a must have. What comp data sources to use. How to turn market data into guidelines for pay.

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Adapting, Evolving and Staying Competitive in a Disrupted Economy

It’s clear that a more flexible and strategic approach to total compensation is required to create a better path forward. Organizational success depends on workforce wellbeing, and employee needs are varied and constantly changing.

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Charting Your Course Through Changing Regulations

Speaker: Bonnie Treichel, Senior Consultant & CCO, Multnomah Group

For many employers that have launched multistate offices in the past, compensation and payroll taxes have always been top of mind.

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Compensation 101: A Beginner's Guide to Compensation Management

In a tight labor market it’s critical that you get compensation right. That’s why we created the ebook, Compensation 101: A Beginner's Guide to Compensation Management. Download this ebook and learn: The five critical elements of a comp plan. How to create a solid comp strategy. Where to select market data sources.