Compensation Today

MAY 30, 2017

PayScale was there for The Elevate Summit , BambooHR’s first ever user conference, and we know many of you were too. One particularly special session for us was “The Ripple Effect of a Pay Strategy Change,” in which PayScale CPO Dave Smith presented with Justin Gagnon, CEO of our customer, Choicelunch. Communicating Compensation.

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Analytics in HR

APRIL 25, 2022

Why you need a solid HR tech stack HR tech stack: The common software categories How to build an HR tech stack. An HR tech stack is a set of integrated software, platforms, and apps that improve and expand HR functions. Leveraging technology is a necessity in today’s business world. Core HR solutions.

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Analytics in HR

JUNE 22, 2022

In the competitive candidate market, organizations need to get their compensation strategy right. That’s why a compensation analyst is a fast-growing role and a career path worth considering. Let’s explore the role of a compensation analyst and how you can become one. Contents What is a compensation analyst?

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Analytics in HR

AUGUST 29, 2023

HR is evolving from administrative tasks to leading in strategic planning, supporting employee wellbeing, and enabling tech integration. HR manages a spectrum of responsibilities, including recruitment , onboarding , training, employee relations, compensation , benefits administration, and compliance with labor laws.

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Compensation Today

AUGUST 23, 2017

This is an excerpt from our forthcoming whitepaper entitled “The Compensation Data Landscape: A Review of Salary Data Sources, Plus How to Choose.” Employees have access to lots of compensation data online. But where does that salary data come from? 2016 was a big year for compensation data for employees.

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HR Shelf

SEPTEMBER 4, 2023

In a largely candidate-led market where many employees and job seekers are feeling the effects of a rapidly-rising cost of living, businesses cannot afford to be miserly when it comes to compensation packages. To attract and retain top talent, it’s imperative that businesses offer fair and competitive compensation packages.

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HR Digest

OCTOBER 15, 2023

According to Zippia , the technology industry is the highest-paying employer for HR generalists , but their services are an essential component of every company and field. Check-in : Interacts with the new hire to either convey feedback or collect data on the candidate’s experience.

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Compensation Today

JULY 6, 2017

grew for the eighth consecutive quarter, according to the newly updated PayScale Index. Wages continue to experience modest growth with variability across industries, job families and metro areas,” said Katie Bardaro, Vice President of Data Analytics and Lead Economist at PayScale. Learn More About Our Compensation Software.

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Analytics in HR

JUNE 30, 2023

Talent acquisition responsibilities include developing a strong candidate pipeline, developing employer branding , identifying, assessing, and hiring candidates to fill open positions, future resource planning, and diversifying the labor force. That way, businesses can plan trainings for existing and new employees accordingly.

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Analytics in HR

AUGUST 22, 2023

From healthcare and retirement plans to wellness initiatives and flexible work arrangements, their expertise in navigating the complex world of benefits administration is crucial for attracting and retaining top talent. Record-keeping: Maintain accurate employee benefits records, enrollment data, and relevant documentation.

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Compensation Today

JUNE 14, 2017

Next week, June 18 – 21, the PayScale crew is off to New Orleans for SHRM17 Annual Conference and Exposition. We have two awesome prizes we’re raffling off: Trip to our own Compference 2017 , the modern compensation event featuring over 500 compensation leaders. Katie Bardaro , VP of Data Analytics. Let’s talk.

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Tandem HR

FEBRUARY 9, 2022

While compensation is only one factor for recruiting and retaining talent, it is critical to your overall HR strategy. Whether initiating or updating your compensation strategy and philosophy, the following best practices may help guide your process and decisions. This essential business asset deserves a well-crafted strategy.

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Compensation Today

JUNE 20, 2017

Every day, PayScale products and services help compensation and HR pros ideate, create, roll out and manage forward-thinking comp plans. With that in mind, we recently launched a new Support Center to help PayScale product users with key activities like benchmarking, running reports and utilizing structure and analytics tools.

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Compensation Today

MARCH 20, 2017

One intentional decision that too many companies aren’t making: establishing their compensation strategy. PayScale’s 2017 Compensation Best Practices Report (CBPR) found that just 37 percent of all organizations have a comp strategy. What is a compensation strategy? Click To Tweet. External Competition.

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Compensation Today

APRIL 11, 2017

percent annually in the first quarter of 2017, according to the newly updated PayScale Index , but slowed from Q4 2016. The labor market is in transition from the post-election bump in Q4,” said Katie Bardaro, VP of Data Analytics and Lead Economist at PayScale. Learn More About Our Compensation Software.

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HRsoft

AUGUST 23, 2018

Salary planning typically requires an extensive investment of time and effort for compensation professionals. To help you navigate the process successfully, we’ve compiled a set of practical tips you can use for your next planning cycle. The post 3 Practical Tips to Prepare for Salary Planning appeared first on HRsoft.

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Compensation Today

MAY 15, 2017

In years past, PayScale has faced crossed arms, skepticism, and comments like, “I don’t believe in user-submitted data,” because we were doing something different (innovating?) in the world of compensation management. Of course, we have changed too, as we deliver on our vision for modern compensation.

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Compensation Today

OCTOBER 26, 2016

PayScale is thrilled to announce that we are launching a data collection effort, encouraged by the White House Council of Economic Advisers, in an effort to gain more understanding around the prevalence and impact of non-compete agreements in the U.S. labor market. Click To Tweet. “

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Engagedly

APRIL 4, 2022

Many organizations are now utilizing upcoming HR technologies to create a sustainable, productive, and engaged work environment. We can surely anticipate some colossal changes in the future of HR technology. Below are the employee expectations that will shape the HR technology trends in 2022. Top 10 HR Initiatives For 2022.

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Compensation Today

OCTOBER 26, 2015

Jenni Marquez, CCP, PayScale Compensation Professional PayScale’s Comp Glossary returns! Consider the comp pros at PayScale to be an extension of your team! We’ve compiled a list of fundamental compensation terms and why they’re important to know. 2) BENCHMARK JOB Definition: A job commonly found in the market.

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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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Rise

MAY 18, 2021

Payroll requires careful planning and proper tools to get the job done so your employees can receive their pay cheques on time and error-free. Having a payroll communication plan in place will clearly outline pay structure for you and your employees. Prepare an annual statement of compensation and benefits.

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Advos

JULY 13, 2017

Mercer and PayScale Announce ‘Cloud and Crowd’ Strategic Alliance for Next Generation Compensation Data and Software Solutions; Mercer Makes Equity Investment in PayScale. GAFFEY Healthcare Partners With 4R Technologies for Offshoring Staff Model in South Africa. Million Seed Round. Franklin Covey Co.

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HRExecutive

APRIL 4, 2019

Tapping into Bot Technology. The bot technology aims to help talent-acquisition teams increase personalization, while automating the qualification and scheduling processes. WebMD Health Services has announced the launch of its digital wellbeing platform, WebMD ONE. A Crystal Ball for Compensation. Wellness in ONE Place.

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Analytics in HR

MARCH 13, 2023

In today’s fast-paced business environment, organizational development specialists are extremely sought after because of their role in shaping an organization’s ability to improve operational efficiency through planned change – which is crucial to remaining competitive. Contents What is an organizational development specialist?

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Astron Solutions

SEPTEMBER 14, 2021

2021 has been a year of surprises in administering employee compensation programs. Among the changes and challenges in 2021 are the following: These factors has led many to rethink past and current compensation strategies as we move into 2022. According to SHRM, when planning for 2022: Consider the future of the organization.

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Compensation Today

AUGUST 24, 2017

This is an excerpt from our forthcoming whitepaper entitled “The Compensation Data Landscape: A Review of Data Sources, Plus How to Choose.” Much as the employee data landscape is rich , there are a lot of compensation data sources and types of sources available to employers. Pre-Mixed Data.

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Compensation Today

APRIL 26, 2017

While they have done much to repair the damage, a recent development highlights how this is not only affecting their external customer satisfaction policies but their internal compensation policies as well. Let’s examine their decision more closely to see what we can learn from their executive compensation plan change.

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HRsoft

SEPTEMBER 27, 2018

For decades, compensation surveys have been the leading source where employers could go to learn about pay dynamics in the marketplace. Corporate compensation departments have long been told by corporate legal departments that gender data (as well as age and ethnicity data) should not be provided in compensation surveys.

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Compensation Today

AUGUST 17, 2017

Data, data, data. We live, love and dream about data here at PayScale, and big data is driving business and pay decisions across industries and functions. But when it comes to data-based decision-making, there a few occasions when decisions about pay and compensation need to go beyond the data.

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Compensation Today

JULY 5, 2017

You may ask, how is product management like compensation management? Building a product and managing compensation for an organization are not projects — they’re ongoing endeavors that are continuously improving and delivering. How Agile Facilitates Easier Compensation Planning. Simply, the work is never done.

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U-Next

AUGUST 3, 2022

The need to secure data and smooth business operations has increased a millionfold. The main responsibility of the Cyber Security Analyst is to analyze the weakness and loopholes in the system. Per the payscale company, the average salary of a Cyber Security Analyst in India is INR 585,572, around INR 48000 per month.

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Analytics in HR

NOVEMBER 1, 2022

Human resources specialists perform specific HR functions like recruitment, training and development, compensation and benefits, rewards, and employee relations. This requires HR professionals to make decisions based on data and metrics. Compensation and benefits. What is a human resources specialist? Employee relations.

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Compensation Today

SEPTEMBER 15, 2015

On Saturday, President Obama announced the Department of Education’s updated College Scorecard designed to help future college students make data-driven decisions about which college to attend. Americans will now have access to reliable data on every institution of higher education,” stated Obama in his Presidential address.

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HRsoft

AUGUST 30, 2018

Performing a compensation analysis ensures your organization’s pay decisions are in line both external factors, such as current market trends, as well as internal needs, including your company goals. Regardless of which approach you take, make sure that the market data you use to frame your pay decisions comes from quality sources.

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Compensation Today

AUGUST 18, 2017

The big connection between diversity and compensation is fair pay. One key piece of ensuring fair pay is having a compensation plan that outlines how you intend to pay people, and that keeps you in compliance and out of legal disputes. Learn More About Our Compensation Software. GET A DEMO. She is green-circled.

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Analytics in HR

NOVEMBER 9, 2023

The field of HR includes a variety of focus areas, such as recruiting, talent acquisition, compensation and benefits , HR training, employment compliance, diversity, equity and inclusion , HRIS technology, and HR communications. Bureau of Labor Statistics (BLS), there will be an additional 70,000 HR jobs by the year 2030. salaries: 1.

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