EXCLUSIVE INTERVIEW: CURO CEO Gerry O’Neill Discusses Being Acquired by Payscale. The Challenges with Pay Equity and More

LAROCQUE

CURO, a pay equity and compensation management technology provider, was acquired by Payscale, a compensation data provider. The post EXCLUSIVE INTERVIEW: CURO CEO Gerry O’Neill Discusses Being Acquired by Payscale. Compensation HCM Insights MandA acquistions hcm

What COVID means to compensation

HRExecutive

This is the second in a series on compensation during the pandemic. The coronavirus pandemic has upended scores of traditional HR structures: hiring, recruiting, onboarding and compensation. This is the second in a series on compensation during the pandemic.

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PayScale Donates Vital Compensation Data, Empowering Employers to Make Critical Pay Decisions During Current Economic Crisis

OmegaHR Solutions

To help employers retain talent in these unprecedented times, PayScale will provide both Crowdsourced and Company Sourced datasets to new and existing customers free of charge. Seattle, WA – April 15, 2020 – PayScale, Inc., the leader in on-demand cloud compensation data and software, today announced the. Read more PayScale Donates Vital Compensation Data, Empowering Employers to Make Critical Pay Decisions During Current Economic Crisis.

White House Announces PayScale Commitment to Largest-Ever Non-Compete Data Collection

Compensation Today

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. The White House Council of Economic Advisers encourages #PayScale to gather data on #non-competes! PayScale will be working with a team of researchers to examine the resulting non-compete data.

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. Get the report today, and start taking advantage of these crucial insights.

PayScale’s 2017 Compensation Best Practices Report Is Here

Compensation Today

Today we release the eighth annual installment of PayScale’s Compensation Best Practices Report. A strong theme emerged this year showcasing the connection between compensation and organizational culture. There is evidence that some organizations have discovered this connection, linked compensation with culture and – as a result – are thriving. We learned that 57 percent of organizations agree that compensation is becoming more important to executives.

PayScale Index: U.S. Wages Grow for 8th Consecutive Quarter

Compensation Today

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. Download the Q2 2017 PayScale Index. For more details on which metro areas are hot in Canada, see the Q2 2017 Canada PayScale Index Canada.

The PayScale Index Q3 2016 – Steady Growth and a Few Happy Surprises

Compensation Today

Every quarter, thousands of companies use The PayScale Index to stay updated on economic trends as they pertain to wages. We track quarterly changes in total cash compensation for: The United States. Read all three indices, as well as some great reports on the hottest skills in the Research Reports section of our Modern Compensation Hub. PayScale Salary Statistics 2016 Q3 payscale index compensation compensation trends Economic Trends PayScale Index united states wages

Culture and Compensation

China Gorman

PayScale has produced its 8 th annual in-depth report on compensation best practices: Comp is Culture. Even though I’m not an HR professional, much less a compensation professional, I found it fascinating. Especially the impact that compensation practices have on organization culture. This report covers the waterfront in terms of compensation practices, their impact on culture, and employees’ perception of many of the aspects of their pay.

PayScale's Compensation Glossary: Part 4 of 4

Compensation Today

Jenni Marquez, CCP, PayScale Compensation Professional Let’s review. If the external inequity is due to internal pay being higher than market, then you likely have a compensation budget problem. Why it matters: Compression is one of the more challenging issues in compensation. That said, paying new employees at the same rate (or higher) than incumbents can cause some real and ongoing compensation problems, including morale issues.

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. It covers everything from base and variable pay practices to competitive jobs, retention concerns and mergers & acquisitions.

Canadian Edition of PayScale’s 2017 Compensation Best Practices Report Has Arrived!

Compensation Today

The annual Compensation Best Practices Report (CBPR) you know and love now has an all-Canada edition! While the full report is in its eighth year, this is the first year we’re able to detail Canadian-specific compensation practices — we’re excited to share with our Canadian readers what other companies in their country are doing when it comes to setting pay for their employees. Learn More About Our Compensation Software.

3 Tips to Design a Transparent Non-profit Compensation Strategy

Compensation Today

Jessica Miller-Merrell, blogging4jobs PayScale reports that a more transparent compensation policy can support the recruitment and retention of employees at many non-profit organizations, especially in a growing multi-generational environment. It’s great to see organizations hiring again as we bounce back from the recession, but this increased competition for talent means nonprofits have to start thinking more strategically about their compensation budgets.

PayScale Is Headed to #SHRM17 Conference. See You There?

Compensation Today

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. Exploring the Compensation Data Landscape: Finding the Right Data Puts You Ahead of the Competition : This session will show you how you can have the right compensation data to help you win the talent war.

PayScale's Compensation Glossary: Part 3 of 4

Compensation Today

Jenni Marquez, CCP, PayScale Compensation Professional Wow! Can you believe it that we’re half way through our 4-Part Comp Glossary bringing you closer to ‘comp’lete mastery of the compensation language?! 1) PAY RANGES, PAY GRADES, and PAY BANDS Definition: A pay range is the upper and lower limits of compensation, typically including a minimum, midpoint, and maximum. Get the rest of the PayScale Compensation Glossary here: Part 1: Comp 101 Part 2: Market Pricing

5 Steps to a Smart Compensation Plan

Speaker: Camie Bailey, Software Implementation Manager, PayScale

Many forces are coming together to accelerate the pace of change in the workplace. We're now in an employee's market where organizations fight tooth and nail to get top talent. Watch this webinar on demand and get key tips on how to develop a fair compensation plan with accurate salary benchmarking. Payscale will show you how to create a modern comp plan from intention to implementation.

Beyond Compensation: How to REALLY Motivate Employees

Compensation Today

Jessica Miller-Merrell, blogging4jobs Although we know compensation is the number one reason people leave companies, pay isn’t the only factor in employee engagement. It won’t pull the best out of them, but without that foundation of adequate compensation, there’s not an effective way to build a motivation strategy. Pay meets the basic need, but what comes next? The truth is, there’s a science to motivation that really works and it’s backed by proven research and psychology.

PayScale and MarketPay Team Up

Compensation Today

PayScale Exciting News! PayScale announced it will merge with MarketPay! MarketPay, based in Denver, has a unique and powerful suite of applications that offer technology-enabled services for managing multiple sources of compensation survey data to price talent markets. PayScale will incorporate MarketPay’s advanced data management and market pricing applications for large organizations into its line of innovative compensation solutions.

PayScale’s Annual Top Tech Employers Comparison Is Here!

Compensation Today

Each year, PayScale runs the numbers on the nation’s top tech employers to shed light on what the employee experience (and pay) is like at some of the hottest companies in the country. We included 52 organizations in this year’s review — up considerably from last year’s total of 18 — for a more comprehensive look into what’s going on in the tech industry from a compensation and employee-outlook perspective. Learn More About Our Compensation Software.

PayScale Tools for Today's Comp Pro! Compensation Glossary: Part 1 of 4

Compensation Today

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. PayScale has you covered in our new, 4-part Comp Glossary. Today’s Lesson: A Little Comp 101 Consider the comp pros at PayScale to be an extension of your team!

How to Build Pay Grades and Set Salary Ranges

Speaker: Jennifer Ferris CCP & Paige Hanley CCP

Join PayScale’s compensation experts as they show you how to build ranges from a market-centered midpoint, and how to use market data to update or create market-based pay ranges.

Add PayScale’s Compference 2017 to Your HR Conference Schedule

Compensation Today

In the HR field, there are several that rise to the top and specialize in fascinating topics like compensation planning, HRIS, innovation and disruption — depending upon what you want to learn more about. This conference is specifically designed for compensation professionals — most who attend have the word “compensation” in their title. The conference is focused on recognition but touches on performance and compensation as well.

HRsoft Partners With PayScale

HRsoft

HRsoft is pleased to announce a new partnership with PayScale, providers of the largest salary profile database in the world. This partnership gives our clients easy access to PayScale Market Reports on specific jobs at a discounted price. The PayScale Market Report supplies you with real-time compensation data to assist with strategic decisions about employee pay. This powerful information is helpful for compensation and workforce planning, budgeting and even hiring.

Compensation Can Be FUN!

Compensation Today

As a longtime PayScale user and evangelist, I was beyond excited when the team asked me to present at Compference. I was expecting a bunch of buttoned-up, boring compensation discussions. My compensation perspective tends to be from a compliance mindset. I really expected most of the technical compensation discussions to be way over my head. The PayScale Team Is Amazing . Compensation Can Be Fun! The PayScale Platform is Still Evolving.

Nuances of Nonprofit Compensation: 2017 Compensation Best Practices

Compensation Today

In a prior life, I did compensation and HR for a nonprofit. Anyone who has worked in a sales organization knows that you don’t compensate sales the way you do the rest of the organization, or medical staff the same as office staff, or faculty the same as staff. We have gathered compensation best practices from the more than 400 respondents to the PayScale Compensation Best Practices Report who are in the nonprofit industry.

Communicating Pay to Employees

Speaker: Rusty Lindquist, VP Strategic HR Insights at Bamboo HR

A study conducted by PayScale revealed that employees’ perceptions of how they are paid are a better predictor of their intent to stay than their actual fair pay to the market. How you can train your managers to have useful compensation conversations.

PayScale Index shows wilting wages for STEM jobs

Compensation Today

According to the new PayScale Index , wages for previously hot performing STEM (science, technology, engineering, math) jobs grew just 1.0% After incredible growth, the industry is kind of taking a breather this quarter,” said Tim Low, PayScale Vice President of Marketing. STEM growth is a double-edged sword,” says PayScale Lead Economist Katie Bardaro. PayScale Marketing Vice-President Tim Low echoes this sentiment, saying “Remember, there is more than one job economy.

PayScale Gender Wage Study Extracts Unexpected Industry Disparity

Compensation Today

Indeed, despite all the buzz around sexism in Silicon valley, new PayScale research shows that it is actually the Oil & Gas industry where the largest gender wage gap exists. The gender disparity doesn’t end with compensation. PayScale study shows the largest #gender #wage gap is in the #oil and #gas industry! First, a riddle: what’s lower, wages for women in the oil and gas industry, or the industry’s overall profitability? Answer: they’re both rock bottom low.

PayScale Joins Francisco Partners Private Equity Portfolio at an Enterprise Value of $325 Million

LAROCQUE

The latest PE deal, Payscale, is a compensation management provider. The post PayScale Joins Francisco Partners Private Equity Portfolio at an Enterprise Value of $325 Million appeared first on HRWins by LAROCQUE, LLC. Compensation HR MandA Talent Management compensation private equityPrivate equity continues to acquire firms in HR tech. Comp data is a hot topic as pay equity is top of mind for both individuals and their employers.

Want to Become an Expert in PayScale’s Insight Product? You Can — at #Compference17

Compensation Today

You use Insight to price and track jobs and stay ahead of the curve in compensation. First, Learn the Secrets of PayScale’s Data. And why is using crowdsourced data to inform compensation decisions one of the most powerful ways to hire, engage and retain great talent? Join our VP of Data Analytics, Katie Bardaro, and our VP of Customer Success, Emily Jensen, at “Understanding the PayScale Data Set” (Tuesday, October 3 rd , 10:30 am).

PayScale was Featured in World at Work!

Compensation Today

PayScale The article— “4 Compensation Best Practices for Merged or Acquired Companies” written by PayScale’s Comp Pro Sonnet Lauberth, CCP—was recently published in World at Work’s Compensation Focus. One way to retain top talent during a merger or acquisition is to get in front of the new compensation plan.

PayScale's Compensation Glossary: Part 3 of 4

Compensation Today

Jenni Marquez, CCP, PayScale Compensation Professional Wow! Can you believe it that we’re half way through our 4-Part Comp Glossary bringing you closer to ‘comp’lete mastery of the compensation language?! 1) PAY RANGES, PAY GRADES, and PAY BANDS Definition: A pay range is the upper and lower limits of compensation, typically including a minimum, midpoint, and maximum. Get the rest of the PayScale Compensation Glossary here: Part 1: Comp 101 Part 2: Market Pricing

Want to upgrade compensation best practices? Then Take Our Survey!  

Compensation Today

PayScale invited more than 250,000 professionals and business executives to participate in our 2017 Compensation Best Practices Report (CBPR) survey. From the results of this survey we will produce the 2017 CBPR and reveal critical compensation trends that will help you upgrade your profession. PayScale CBPR 2017 compensation Compensation best practices future of comp

PayScale Index: Continued Wage Growth, Midwest Rebounds, Finance and Energy Up and More

Compensation Today

PayScale’s Q3 Index was released today! Learn More About Our Compensation Software. For a deeper dive on the data, info on data collection and methodology, how to use the Index info and more, download your copy of PayScale’s U.S. Uncategorized PayScale Index salary data wages dataNominal wages in the U.S. grew for the ninth consecutive quarter, with an increase of 0.7 percent since Q2 2017 and 2.8 percent since Q3 2016.

PayScale Tools for Today's Comp Pro! Compensation Glossary: Part 2 of 4

Compensation Today

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. Why it matters: Often misunderstood but a very critical part of evaluating compensation is the benchmark job. 3) COMPENSABLE FACTORS Definition: The details about a job that influence how the job is paid.

Top 15 Compensation Management Tools in 2021

Vantage Circle

Companies consider several factors when deciding on a compensation planning tool. In layman’s terms, compensation management software allows an organization to plan and administer employee compensation packages in an organized manner. Payscale Marketpay. CURO Compensation.