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. Read all three indices, as well as some great reports on the hottest skills in the Research Reports section of our Modern Compensation Hub.

Add PayScale’s Compference 2017 to Your HR Conference Schedule

Compensation Today

You’ll encounter many sessions about wellness, learning and development, benefits and how to get those things right for your organization from a broad generalist perspective. The conference is focused on recognition but touches on performance and compensation as well.

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PayScale's Compensation Glossary: Part 4 of 4

Compensation Today

Jenni Marquez, CCP, PayScale Compensation Professional Let’s review. Make a plan to address outliers at implementation of the plan as well as create a policy around handling outliers on an ongoing basis. Need to download the first 3 parts of the PayScale Compensation Glossary?

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

Compensation Today

PayScale’s Q3 Index was released today! percent, well above the national average. percent) are well below the national average of 0.7 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

How to Build Pay Grades and Set Salary Ranges

Speaker: Jennifer Ferris CCP & Paige Hanley CCP

Setting pay ranges and grades can give you a competitive advantage in an ever-changing market by enabling clear job progression as well as competitive pay. In today’s changing workforce, having a clearly defined career path is becoming critical for attracting and retaining top talent.

New PayScale Data Shows Companies Complying with Proposed FLSA Changes Anyway

Compensation Today

PayScale’s unique dynamic data has allowed us early visibility into a trend showing just that: it appears that companies are following through with the proposed changes, regardless of whether the revised changes go into effect or not. This FLSA stuff is getting convoluted.

PayScale Gender Report Reveals Female Software Engineers Get Paid 12% Less

Compensation Today

The PayScale Women at Work survey indicates that less than 5 percent of all software architects are women. 4 ways to hire and retain top female engineers Use the following best practices for attracting, hiring, and retaining the best female software engineers: Pay them well.

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

Compensation Today

During “ Designing an Incentive Plan That Moves the Needle ,” Brooke Birdsong , Director of Total Rewards at Associa, will share different incentive plan designs, as well as how to start building one that’s unique to your organization. Hearing that PayScale’s Crew will streamline your increase cycle is intriguing, but seeing it in practice? This is a rare opportunity to see what’s in development; plus, PayScale product experts will be on hand to answer all your questions.

PayScale's Compensation Glossary: Part 3 of 4

Compensation Today

Jenni Marquez, CCP, PayScale Compensation Professional Wow! At that point, a good option to ease up on administration demands as well as allow for more flexibility is the creation of grades and ranges.

Culture and Compensation

China Gorman

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.

Tech Industry Trends and Treats

Compensation Today

PayScale has a work hard, live well culture. My closet is bursting with PayScale t-shirt and sweatshirt pride. PayScale’s 2017 Compensation Best Practices Report gathered information from more than 500 respondents in the tech industry.

Forget Happiness. Wellness Emerges as a Compensation Strategy

Compensation Today

Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger Employee engagement has been a buzzword in the human resource world for a while. Interestingly enough, some employers are shifting to creating overall physical and financial wellness for employees, and earning a better ROI. Tess C.

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. I felt very lucky to be a part of such a well-executed event as well as a major milestone in my company’s history. Millennial fever is alive and well.

Nuances of Nonprofit Compensation: 2017 Compensation Best Practices

Compensation Today

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. Your choice will depend on your organization and how well you can communicate the rationale behind your pay strategy.

The Proposed FLSA Change has Already Affected Salaries

Compensation Today

Although we cannot say for certain what caused these changes, PayScale’s data suggest that across all industries, companies have been working for months to raise salaries above the updated rule’s threshold. The changes were consistent across jobs, as well.

Best Money Moves to Provide Financial Wellness for SAP SuccessFactors’ New HR Community

Best Money Moves

LAS VEGAS, NV – September 13, 2018 – Best Money Moves , an award-winning financial wellness technology platform, announced it has been selected as the financial wellness provider for SAP SE (NYSE: SAP) SuccessFactors’ new Community, designed to tackle the most critical people issues facing human resources (HR) professionals and business leaders today. For Employers Best Money Moves financial wellness human resources SAP

Take the CBPR Survey and Help Improve Compensation for Everyone 

Compensation Today

This survey takes an average of about 15 minutes to complete, and your contribution will be reflected in PayScale’s 2017 Compensation Best Practices Report (CBPR). PayScale 2017 CBPR survey CBPR survey Compensation best practicesTake the 2017 Compensation Best Practices Survey Now!

Quality Hires Take Front Stage. What’s the Catch? Paying Them Well

Compensation Today

Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger You may recall PayScale’s Turnover: The Good, the Bad, and the Ugly whitepaper in which we closely examined the reasons why employees leave otherwise good workplaces, and dispelled some common myths. Tess C.

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. ‘Skills gap’ meets ‘perception gap’ ‘”We hear all the time about the ‘skills gap,’ the gap between the skills needed to succeed in the professional world and the skills with which young professionals leave college,” Payscale VP Katie Bardaro said in a press release.

The Pay Business is the People Business

TalentCulture

At PayScale we keep this notion central in all that we do to support companies in doing Modern Compensation. Paying fairly is a much broader concept, one that resonates especially well with the millennial generation. The Modern Comp Manifesto.

Is There a Disconnect On Pay In Your House?

TLNT: The Business of HR

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.

Report Shows Booming Economy and Flat Wages in Q3

HR Daily Advisor

Payscale released their Q3 2018 PayScale Index yesterday. The aim of the research is to identify and track quarterly and annual compensation trends (as well as forecast the next quarter).

Develop Your Pay Equity Action Plan

Compensation Today

But this year’s Equal Pay Day was made “happier” by PayScale’s Don’t Call It a Pay Gap event , which gathered professionals from Seattle in our PayScale headquarters, and was broadcast live on Facebook. At PayScale, we have worked with companies who struggle to pay right.

3 Ways to Help Employees Understand Their Worth

Cornerstone On Demand

A recent study from compensation software company PayScale found that among 71,000 people surveyed, an incredible 83 percent believed they were paid below market rate — even though 66 percent actually earned at or above market value. How often do you talk about pay with your employees?

Equal Pay Day 2017: Take Your First Step Toward Gender Pay Equity

Compensation Today

They also need to learn how to overcome the opportunity gap, which happens when women are underrepresented in leadership and management level positions (as well as the highest paying job roles and industries). Tune in to PayScale’s Live Equal Pay Day Broadcast.

What’s Better than Cash Compensation? Almost Anything!

HR Daily Advisor

Yesterday we heard from cofounder of Sonic Boom Wellness, Bryan Van Noy, about some of the major reasons cash compensation isn’t cutting it these days. Read this free report from PayScale, Define Your Comp Strategy. Start with this free report from PayScale, Define Your Comp Strategy.

HR Video: How to Gain a Seat at the Executive Table

Compensation Today

Check out the latest video in PayScale’s new series, Ask a Comp Pro! Payscale provides expert tips to encourage the CEO or CFO of any company to support the development of a strategic compensation plan. R.E.S.P.E.C.T.

I’ll Be There for You: What “Friends” Taught Us About Salary Negotiations

Compensation Today

Joleen Oerman, B2B Content Marketing Specialist, PayScale We’ve ‘been on a break’ from the popular television show Friends for eleven years, but the cast’s high salary and equal pay for equal work demand is relevant today. Check out PayScale’s Gender Pay Gap 101.

Closing the Tech Talent Gap: 5 Cities Where Techies are Flocking

Cornerstone On Demand

These qualified professionals aren't just looking for a well-paying job and all of the general perks, either — they're also making their decision based on a company's location. Top tech talent is pretty picky when it comes to work.

Creating Pay Transparency in the Workplace: Webinar Q&A

BambooHR

We just finished a webinar with PayScale about Creating Pay Transparency in the Workplace where we discussed different levels of pay transparency as well as the ways pay transparency increases employee performance. Didn’t catch the live event? No worries. You can watch it here.) At the end of webinars, we do our best to answer as […]. The post Creating Pay Transparency in the Workplace: Webinar Q&A appeared first on. webinars compensation human resources pay transparenc

Building Salary Ranges for Beginners, Part 1

Compensation Today

By Jenni Marquez, CCP, PayScale Compensation Professional “What’s the typical salary range for an administrative assistant?” Here at PayScale, we work with a lot of companies who are trying to determine typical salary ranges for their jobs.

HR Video: A Tale of Two Comp Plans

Compensation Today

Check out the latest video in PayScale’s new series, Ask a Comp Pro! You are in luck as PayScale shares 4 tips for merging comp plans, which could be a blessing in disguise if neither plans are working out well. Got comp?

HR Professionals: Want a Raise? Start Setting Pay (Or these 5 Other Things)

Compensation Today

Taylor, PHR, SHRM-CP, PayScale Senior Blogger It’s an often overlooked fact: human resource managers who set the salaries for their people are more apt to be compensated better themselves. We are keenly aware of how well our company pays people, and where we may be falling short.

2016 Compensation Budgets Looming: What Industries Support Increases?

Compensation Today

Taylor, PHR, SHRM-CP, PayScale Senior Blogger Only a few short years ago, our nation was in economic turmoil. Job and compensation growth on the horizon The PayScale Index , which provides up-to-date salary data and market trends, indicates some of the strongest areas for potential growth.

With Employee Pay, Perceptions Often Trump Facts

HR Daily Advisor

PayScale’s employee experience study and the resulting paper, The Formula for a Winning Company Culture, reveal some interesting insights into employee perception of their companies and jobs. Appreciation is the primary driver of employee satisfaction,” says the PayScale analysis.