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

Compensation Today

Wages in the U.S. grew for the eighth consecutive quarter, according to the newly updated PayScale Index. However, real wages were flat quarter-over-quarter, meaning that wage growth kept pace with the inflation rate. Learn More About Our Compensation Software.

PayScale Index: Wage Growth Slows in Q1

Compensation Today

Wages in the U.S. percent annually in the first quarter of 2017, according to the newly updated PayScale Index , but slowed from Q4 2016. The most recent Index shows positive results tempered by uneven growth by industry and geography. Download the Q1 2017 U.S.

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. Learn More About Our Compensation Software.

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’re excited – we love the chance to talk with customers and future customers. We’ll be at #2118, right in the middle of the hall where all the action is.

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. Attend this webinar and learn: Why talking about pay with employees is so important.

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. Separately, each session is designed to help you get even more from Insight once you’re back in the real world. Taken together, they’re the fastest path to becoming an Insight expert.

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. SHRM has been the predominant conference for HR professionals.

PayScale's Compensation Glossary: Part 4 of 4

Compensation Today

Jenni Marquez, CCP, PayScale Compensation Professional Let’s review. So far, we’ve given you the cliff notes for Comp 101, Market Pricing, and Pay Structures. External equity exists when a company’s pay rates are equal to the average rates in the organization’s market or sector.

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

Compensation Today

PayScale’s Q3 Index was released today! Nominal wages in the U.S. grew for the ninth consecutive quarter, with an increase of 0.7 However, while this means that the typical worker’s purchasing power has increased, it remains below pre-Great Recession levels. Nominal wages in the U.S. grew for the 9th consecutive quarter, increasing 0.7 Still, Detroit and Chicago remain below the national average in terms of Y/Y nominal growth.

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! Learn More About Our Compensation Software. Most Canadian organizations in the report have a compensation strategy, or are working on one — 38 percent and 36 percent, respectively.

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. Watch this webinar and learn how to: Build pay structures from the ground up.

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 Gender Report Reveals Female Software Engineers Get Paid 12% Less

Compensation Today

How can companies encourage hiring more female engineers and close the gender wage gap for good? Taylor, PHR, The HR Writer Every employer says they want more female engineers, but the numbers tell a different story. Have technology companies made the workplace female friendly?

Secrets From a PayScale Insider: How to Get the Most Out of #Compference17

Compensation Today

You might even know which Austin gems you’re going to visit in your off hours. But the question remains: Which sessions are on your must-see list? I’ve been to every Compference since the beginning, and it’s inspiring, high-energy and fun. To get you started on the right foot, here are my top recommendations: “Designing an Incentive Plan That Moves the Needle”. Don’t miss a single minute — the session starts at 10:30 am. Be the first to know!

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! One of the most tried and true methods is by conducting a market study.

5 Steps to a Smart Compensation Plan

Speaker: Camie Bailey, Software Implementation Manager, PayScale

Become a Gold-Medal Compensation Expert: Train at Compference

Compensation Today

We’re nearly half way through the Olympics and I’m still glued to the TV set every night. Watching the swimmers and volleyball and gymnasts and all the passionate athletes is beyond inspiring. Compference16 is the next step to winning gold in Compensation!

Culture and Compensation

China Gorman

PayScale has produced its 8 th annual in-depth report on compensation best practices: Comp is Culture. Especially the impact that compensation practices have on organization culture. Hiring and retaining the right employees in the face of high growth.

If You’re Using Merlin, These #Compference17 Sessions Are Musts

Compensation Today

How can you make the most of your stay in Austin for Compference (besides savoring the “Live Music Capital of the World” — and maybe some breakfast tacos)? Understanding PayScale Data”. In fact, data is the lifeblood of Merlin (and every PayScale product).

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Tech Industry Trends and Treats

Compensation Today

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. Tell us your story in the comments.

Top Reasons Employees Quit

Compference16 Recap: Communicating Comp, Transparency, and a Stranger Things Joke

Compensation Today

The biggest takeaway for me was the topic of communicating comp. It came up multiple times over the two days and I enjoyed hearing the ‘why’ in sessions, but also how other PayScale/Marketpay customers were executing their communication plans.

#Compference16 Most Tweetable Moments

Compensation Today

#Compference16 was engaging, informative, and social – both live and online. Our hashtag even became one of the top trending hashtags in Seattle. We started off Compference with our CEO, Mike Metzger. He made predictions on the future of compensation.

Nuances of Nonprofit Compensation: 2017 Compensation Best Practices

Compensation Today

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. Our programmatic staff were at the heart of the organization.

The Millennial Who Brought Her Cat to an Interview, and other #Compference16 Insights

Compensation Today

We are fresh off our first-ever PayScale User Compference, and it was an absolute blast. The energy at Compference was on fire, and the passion in the air was so contagious. I even found out the dress I wore to dinner was a shade called Millennial Pink.

A Data Person’s Take on Compference16

Compensation Today

When walking the halls of the Seattle Sheraton, surrounded by HR professionals, compensation experts, and many notable executives, one could truly feel the buzz generated by Compference 2016. The excitement was palpable. The excitement was palpable.

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Overcoming the Hot Job Challenge

Compensation Today

For example, a company might manufacture electronic devices offline, sell those devices online, and offer other retailers a white-labeled version of their advanced e-commerce platform as a software-as-a-service. Get the Solution Brief now. .

40+ Free HR Training Sources: Case Studies, Podcasts, and More

UpstartHR

Two years ago I wrote an article that has been incredibly popular about how to learn HR for free. This is for anyone in HR, not just those starting out their careers, because we can all use some help now and again with sharpening our skills and knowledge across the many subdomains of HR.

Halloween Horror Stories: Top 5 Scariest Comp Situations

Compensation Today

It’s that time of year where the ghosts and goblins come out at night. This is the time to celebrate the scary things, whether it’s watching a favorite movie , looking at haunted offices , or jumping out at coworkers to give them a fright. Did we have the right match?

#WorkTrends Preview: Modern Compensation: Putting People First

TalentCulture

When companies start to work on their compensation plans, they often do so with spreadsheets and formulas, far removed from either the people impacted by the compensation plans or the organizational objectives. What are the benefits of a people-focused compensation model?

We’re Training Our Managers Wrong

Compensation Today

Anyone who’s heard me talk about manager communication knows that I’m passionate about getting rid of the above sentence and the sentiment that managers are neither able to understand nor be accountable for employee pay. They are agents of the organization.

Fair, Transparent, and Modern: Recapping the #WorkTrends Event

Compensation Today

We’re pretty passionate about Modern Compensation at PayScale. We recently did a #WorkTrends event with TalentCulture where we proselytized the value of doing modern comp and having a thoughtful and visionary comp strategy that is fair, transparent, and modern. What’s the trick?

How to Learn HR for Free: A Practical Guide

UpstartHR

Recently on LinkedIn I saw someone asking how to learn HR. Specifically he was trying to learn compensation when he didn’t have a background/foundation in the topic. In 2009 when I started this blog, I was thinking a lot about recent HR grads and the world of HR education.

How To 241

How to Use Coaching to Skyrocket Employee Engagement

BambooHR

This post originally appeared on PayScale’s Compensation Today.

New grads don’t have skills needed for today’s work world, report says

HR Morning

But a recent study from PayScale and Future Workplace digs a little deeper into what specific skills recent grads are lacking. The 2016 Workforce-Skills Preparedness Report details the disconnect between managers and recent graduates regarding their preparedness for employment after entering the workforce, and which skills managers are most likely to consider absent or deficient. Tech skills are the ticket to higher-paying positions — as much a 22% higher.

Unequal Pay and Unequal Opportunities: New Data On the Gender Wage Gap

Workology

A new study by Payscale adds depth to the gender wage gap discussion. Forget the 78 cents on the dollar statistic; it’s 30 years out of date. They peg the current controlled wage gap at 2.7% and the uncontrolled wage gap at 25.6%.

Develop Your Pay Equity Action Plan

Compensation Today

Equal Pay Day is the day in the year when women’s wages catch up to men’s wages from the prior year. When looking at the median wage for all women when compared with the median wage for all men, it takes more than three months for women to catch up.