• The Minimum Wage Victory Parade Continues

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    Tessara Smith, PayScale

    Just when you thought Seattle approving $15 was the highlight of the minimum wage battle this year, it was announced that employees who work under independent contracts are also getting a pay day. On June 12, 2014 President Obama initiated the first of many executive actions to come that will boost minimum wage for workers under new federal contracts from $7.25 per hour to $10.10 per hour. This is exciting news for contractors, who will now be properly reclassified as employees in the eyes of the government, but it is only small part of a much larger effort to increase minimum wages for all workers within the United States.

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  • How does the changing minimum wage affect your compensation strategy?

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    Mykkah Herner, M.A., CCP, PayScale

    There has been a lot of talk about increasing the minimum wage, at the federal, state, and city levels. In Seattle, headquarters of PayScale, we just passed an ordinance increasing the minimum wage to $15/hour within 3-7 years depending on employer size. Of course there has been debate on both sides of the law. Can small business owners afford to absorb the increase? What will happen to the people we used to pay at $15/hour? But also, how can Seattle call itself a forward-thinking city if the minimum wage is not a livable wage? I probably should have been born a Libra because I fundamentally understand both sides.

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  • Rewind: World at Work 2014 Total Rewards Conference

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    Mykkah Herner, M.A., CCP, PayScale

    I recently returned from World at Work’s Total Rewards Conference: Evolve. It’s always helpful to hear what our fellow industry leaders have to say about compensation trends, how they’re handling the challenges of 2014, and what up and coming best/next practices are on the horizon. PayScale’s cohort was able to attend 25 different sessions in the conference this year, after each session comparing notes to determine the session winner: who had the best session with the most content and the most engaging presenters.

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