INDUSTRY INSIGHTS YOUR PEERS ARE READING
Jenni Marquez, CCP, PayScale Compensation Professional Just discovered that a large portion of your workforce is overpaid to market and not sure what to do? Do they report to the same manager(s)? Are all your employees above market because they’re all top performers? MORE
We live, love and dream about data here at PayScale, and big data is driving business and pay decisions across industries and functions. Compensation & Benefits Pay for Performance Performance Management Wages, Pay, & Salary FeaturedData, data, data. MORE
In the past century, Human Resources has evolved from “Welfare Officer” and “Labor Manager” to the modern HR role, often known as “Chief People Officer” or “VP of People.” HR should ask this question every day: “How do we motivate top performance?” MORE
Taylor, PHR, SHRM-CP, PayScale Senior Blogger PayScale’s 2015 Compensation Best Practices Report indicates that HR technology will become hugely important in the coming years. These areas of improvement include better communication, knowledge sharing, and performance management. MORE
For those who don’t know, every year PayScale produces the Compensation Best Practices Report. Top Five Insights from PayScale’s 2015 Compensation Best Practices Report: 1. The human resources software people were most likely to buy next was performance management software. MORE
Crystal Spraggins, SPHR When PayScale asked more than 5,500 business leaders the main reason their companies adjusted pay in 2015, 52 percent answered "employee performance." 95 percent of managers are dissatisfied with their companies’ performance man-agement process. MORE
Josh_Bersin : Corporate Talent, HR, & Learning Analyst, Founder of Bersin by Deloitte, research and advisory firm focused on management, leadership, HR tech. GretchenA : By day, I manage a product strategy team. By night, I manage a family. MORE
Most companies today are actively working to develop a pay-for-performance culture. A merit matrix is a two-factored table created by HR Departments to help managers equitably allocate raises across their employee population. Now, consider your budget and the mean performance rating. MORE
Taylor, PHR, SHRM-CP, PayScale Senior Blogger Just because your organization has an established compensation plan doesn’t mean it’s working well anymore. If your pay is not linked to performance, how can it ever be effective for driving employee engagement and motivation? Tess C. MORE
PayScale has produced its 8 th annual in-depth report on compensation best practices: Comp is Culture. If you have anything to do with paying people – so, that’s virtually every manager, everywhere – reading this report will be well worth your time. MORE
They spend a significant amount of time training managers how to hire candidates, coach employees, and evaluate performance in a manner that removes biases in pay raises and ensures a fair experience to all employees. In Payscale’s latest “ Raise Anatomy ” report which surveyed workers to understand their history of asking for raises , we found that employees of color who ask for a raise are less likely to receive it as compared to their white male employees. MORE
Here are some statistics to consider: More than half (52%) of employees feel that their company does not explain pay programs effectively (source: Towers Watson Global Workforce and Global Talent Management and Rewards Study, 2014). MORE
2016 was a busy year in HR too, between FLSA and Minimum Wage legislation, and the ongoing changes to performance management. At PayScale we’ve had a fun year keeping you all up to date with the haps. PayScale counts down the top 16 blog posts from 2016! MORE
You’re Handing High Performers Over To Your Competitors: Losing top talent is a rough blow in and of itself, but consider this fact presented by Management Study Guide : when your employees leave, it’s more likely that they’ll go work for your competitors. MORE
While some employees would say that definition doesn't really achieve the endgame they envision -- open book management -- if your employees developed a better understanding of what fair pay is, they will acknowledge the progress you have made. MORE
Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger Old methods of measuring performance once a year just don't work anymore. They’re cumbersome and only focus on recent performance goals. Take a look at some best practices for linking pay for performance during employee reviews. MORE
They also realized that they had created an awkward situation for managers, who were charged with not only maintaining optimal employee performance, but also ensuring their employees were following their personal career development plans, two trajectories that could easily end up competing. Clearly, both compensation and performance reviews are whole different animals at Jolt from your typical company. This post originally appeared on Payscale. MORE
Mykkah Herner, MA, CCP, Modern Compensation Evangelist, PayScale PayScale’s 2016 Compensation Best Practices Report is here! This year, for the first time ever, we differentiate top performing companies from the rest. MORE
Companies have seen a bit of a revolution in performance-based pay in the past few years. Most have removed the rank-and-yank style of performance management. What follows are the top seven tips for moving to a performance-based-pay culture. MORE
In 2017, employee salaries are expected to grow by 3% ; with candidate and employee resources like Payscale easily accessible to research competitive compensation rates for specific job roles, addressing com pensation is a vital step to the retention improvement process for employers. MORE
One has to do with performance management, going “ratingless,” and the best ways to link performance with pay. One of the underlying questions seems to be whether merit matrices are still the way to go when it comes to acknowledging performance with pay. MORE
Payscale's 2016 Best Practices Survey welcomes readers to a magical place called Comptopia: I n 2016, cast your compensation cares away and escape to an idyllic island known as Comptopia. Hiring managers nod agreeably when you recommend a salary. MORE
Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger The summer months are just about to kick off and with the warmer weather comes new and exciting industry events. Tess C. MORE
Going are the days where companies stop at giving discretionary bonuses that are unlinked to performance. 4: Organizations are managing performance more frequently. 75% of conversations about pay happen between managers and employees. 2016 has been anything but boring. MORE
Everyone in the world of HR is talking about the end of annual performance reviews. The chatter is focused on how to promote a coaching culture throughout the year to continuously improve employee performance. MORE
Eric Mosley, CEO of Globoforce, laid out five future trends, including: replacing performance management with continuous feedback, individualized rewards and pay, team management, the role of the coach, and HR as a culture facilitator. PayScale’s Dovetailing Interests. MORE
That's why I thought I'd share some findings from Payscale's recent "Raise Anatomy Study." . I'd suggest you hold on for a few minutes, because I'm going to translate the findings into easy DIY actions that will help you manage turnover better, never a bad goal to have. MORE
By Kari Van Hoof, CCP, PayScale Compensation Professional Technology has muscled its way into all aspects of our lives and in many cases—regardless of profession, is fundamentally changing the way we do our work. Kari Van Hoof, CCP, is a Compensation Professional at PayScale. MORE
Jessica Miller-Merrell, blogging4jobs PayScale’s 2015 Compensation Best Practices Report indicated that the biggest concern of most HR pros is losing their top employees. One of the banes of most managers’ existence is when they have to deliver bad news to their employees. MORE
For one thing, all they have to do is ask PayScale, a dubious but easily accessible online information source. She brings deep expertise in compensation, communications and leadership to topics like the CEO Pay Ratio and performance management discussions at the Café. MORE
China Gorman
MAY 2, 2017
PayScale has produced its 8 th annual in-depth report on compensation best practices: Comp is Culture. If you have anything to do with paying people – so, that’s virtually every manager, everywhere – reading this report will be well worth your time.
TLNT: The Business of HR
SEPTEMBER 19, 2017
We live, love and dream about data here at PayScale, and big data is driving business and pay decisions across industries and functions. Compensation & Benefits Pay for Performance Performance Management Wages, Pay, & Salary FeaturedData, data, data.
Globoforce
JULY 21, 2017
Everyone in the world of HR is talking about the end of annual performance reviews. The chatter is focused on how to promote a coaching culture throughout the year to continuously improve employee performance.
Compensation Cafe
JUNE 15, 2016
Payscale's 2016 Best Practices Survey welcomes readers to a magical place called Comptopia: I n 2016, cast your compensation cares away and escape to an idyllic island known as Comptopia. Hiring managers nod agreeably when you recommend a salary.
Namely
NOVEMBER 30, 2017
They also realized that they had created an awkward situation for managers, who were charged with not only maintaining optimal employee performance, but also ensuring their employees were following their personal career development plans, two trajectories that could easily end up competing. Clearly, both compensation and performance reviews are whole different animals at Jolt from your typical company. This post originally appeared on Payscale.
ClearCompany HRM
AUGUST 1, 2018
In 2017, employee salaries are expected to grow by 3% ; with candidate and employee resources like Payscale easily accessible to research competitive compensation rates for specific job roles, addressing com pensation is a vital step to the retention improvement process for employers.
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Compensation Today
JULY 17, 2017
Companies have seen a bit of a revolution in performance-based pay in the past few years. Most have removed the rank-and-yank style of performance management. What follows are the top seven tips for moving to a performance-based-pay culture.
Compensation Today
JUNE 30, 2015
Crystal Spraggins, SPHR When PayScale asked more than 5,500 business leaders the main reason their companies adjusted pay in 2015, 52 percent answered "employee performance." 95 percent of managers are dissatisfied with their companies’ performance man-agement process.
Compensation Today
JULY 15, 2015
Taylor, PHR, SHRM-CP, PayScale Senior Blogger PayScale’s 2015 Compensation Best Practices Report indicates that HR technology will become hugely important in the coming years. These areas of improvement include better communication, knowledge sharing, and performance management.
Compensation Today
APRIL 4, 2016
Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger Old methods of measuring performance once a year just don't work anymore. They’re cumbersome and only focus on recent performance goals. Take a look at some best practices for linking pay for performance during employee reviews.
Compensation Today
JUNE 5, 2017
Eric Mosley, CEO of Globoforce, laid out five future trends, including: replacing performance management with continuous feedback, individualized rewards and pay, team management, the role of the coach, and HR as a culture facilitator. PayScale’s Dovetailing Interests.
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Namely
JULY 11, 2018
They spend a significant amount of time training managers how to hire candidates, coach employees, and evaluate performance in a manner that removes biases in pay raises and ensures a fair experience to all employees. In Payscale’s latest “ Raise Anatomy ” report which surveyed workers to understand their history of asking for raises , we found that employees of color who ask for a raise are less likely to receive it as compared to their white male employees.
Compensation Cafe
JULY 23, 2018
That's why I thought I'd share some findings from Payscale's recent "Raise Anatomy Study." . I'd suggest you hold on for a few minutes, because I'm going to translate the findings into easy DIY actions that will help you manage turnover better, never a bad goal to have.
Compensation Today
DECEMBER 19, 2016
Going are the days where companies stop at giving discretionary bonuses that are unlinked to performance. 4: Organizations are managing performance more frequently. 75% of conversations about pay happen between managers and employees. 2016 has been anything but boring.
Compensation Today
DECEMBER 29, 2016
2016 was a busy year in HR too, between FLSA and Minimum Wage legislation, and the ongoing changes to performance management. At PayScale we’ve had a fun year keeping you all up to date with the haps. PayScale counts down the top 16 blog posts from 2016!
Compensation Today
JULY 10, 2017
One has to do with performance management, going “ratingless,” and the best ways to link performance with pay. One of the underlying questions seems to be whether merit matrices are still the way to go when it comes to acknowledging performance with pay.
Compensation Today
MARCH 2, 2016
Mykkah Herner, MA, CCP, Modern Compensation Evangelist, PayScale PayScale’s 2016 Compensation Best Practices Report is here! This year, for the first time ever, we differentiate top performing companies from the rest.
Compensation Today
MAY 9, 2016
Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger The summer months are just about to kick off and with the warmer weather comes new and exciting industry events. Tess C.
Compensation Today
JANUARY 22, 2016
Jenni Marquez, CCP, PayScale Compensation Professional Just discovered that a large portion of your workforce is overpaid to market and not sure what to do? Do they report to the same manager(s)? Are all your employees above market because they’re all top performers?
Compensation Today
JULY 27, 2015
Jessica Miller-Merrell, blogging4jobs PayScale’s 2015 Compensation Best Practices Report indicated that the biggest concern of most HR pros is losing their top employees. One of the banes of most managers’ existence is when they have to deliver bad news to their employees.
HRsoft
MAY 15, 2017
Here are some statistics to consider: More than half (52%) of employees feel that their company does not explain pay programs effectively (source: Towers Watson Global Workforce and Global Talent Management and Rewards Study, 2014).
Compensation Today
JULY 21, 2015
Most companies today are actively working to develop a pay-for-performance culture. A merit matrix is a two-factored table created by HR Departments to help managers equitably allocate raises across their employee population. Now, consider your budget and the mean performance rating.
Compensation Today
OCTOBER 21, 2015
Taylor, PHR, SHRM-CP, PayScale Senior Blogger Just because your organization has an established compensation plan doesn’t mean it’s working well anymore. If your pay is not linked to performance, how can it ever be effective for driving employee engagement and motivation? Tess C.
HR Daily Advisor
JULY 7, 2017
In the past century, Human Resources has evolved from “Welfare Officer” and “Labor Manager” to the modern HR role, often known as “Chief People Officer” or “VP of People.” HR should ask this question every day: “How do we motivate top performance?”
Compensation Today
MAY 12, 2016
By Kari Van Hoof, CCP, PayScale Compensation Professional Technology has muscled its way into all aspects of our lives and in many cases—regardless of profession, is fundamentally changing the way we do our work. Kari Van Hoof, CCP, is a Compensation Professional at PayScale.
Compensation Cafe
MAY 26, 2016
For one thing, all they have to do is ask PayScale, a dubious but easily accessible online information source. She brings deep expertise in compensation, communications and leadership to topics like the CEO Pay Ratio and performance management discussions at the Café.
Compensation Cafe
JULY 28, 2016
While some employees would say that definition doesn't really achieve the endgame they envision -- open book management -- if your employees developed a better understanding of what fair pay is, they will acknowledge the progress you have made.
HRsoft
APRIL 5, 2016
You’re Handing High Performers Over To Your Competitors: Losing top talent is a rough blow in and of itself, but consider this fact presented by Management Study Guide : when your employees leave, it’s more likely that they’ll go work for your competitors.
HRmarketer
SEPTEMBER 6, 2018
Josh_Bersin : Corporate Talent, HR, & Learning Analyst, Founder of Bersin by Deloitte, research and advisory firm focused on management, leadership, HR tech. GretchenA : By day, I manage a product strategy team. By night, I manage a family.
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