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  • How Transparent are You About Your Total Compensation?

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    In the last few years, employers have begun to see the value of reporting total compensation to their workforce. For many, this is a strong retention tool that helps employees understand how much the company is vested in their success. Total compensation statements can give employees a clearer picture of how much the company has spent on health and wellness benefits, retirement savings, educational costs, and all the other perks of employment in addition to regular salaries. This effort is an important part of corporate communications that gives employees a greater insight into their contribution to the success of the company.

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  • Are you prepared to lose top talent?

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    Laleh Hassibi, PayScale

    This week, we released the much anticipated 2014 Compensation Best Practices Report. Based on data from more than 4,700 survey respondents representing human resources practitioners, as well as business line and executive managers, the report reveals attitudes about compensation, hiring, and retention as the economy recovers from the recession. The latest annual report shows an increasing concern across businesses of all sizes about their ability to retain top performing employees, reflecting an increasingly competitive talent market. Results show that – regardless of size and industry – talent retention has become a top priority for business leaders.

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  • 10 ways to boost employee incentive programs

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    When is the last time you took the time to thank your employees for a job well done? Several workplace studies have shown a connection between appreciation of employees and the results of company objectives. Leaders who put emphasis on demonstrating appreciation to employees on a regular basis produce a higher level of employee engagement, which boosts productivity like gangbusters. Having an employee incentive program in place is one piece of the bigger puzzle.

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  • Top 5 compensation lessons from 2013

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    Mykkah Herner, M.A., CCP, PayScale

    Last year was a year of ups, downs, and shutdowns. The Affordable Care Act is still looming over us, the impact unclear. Some but not all companies are pulling free of the recession. Employees have continued moving around more and more since the official end of the recession. Yet amidst the turmoil, there are some key lessons. Essentially, in an uncertain time, compensation plans and strategies need to be flexible. In this article I’ll talk about the top 5 ways we can infuse flexibility into our programs.

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  • Avoid these common performance review mistakes

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    Crystal Spraggins, SPHR

    Is there anyone … anyone at all… who either likes writing performance reviews or receiving performance reviews?

    Yeah, I didn’t think so.

    Still, there’s no reason to compound the pain by introducing common errors into the review that render it much less effective than it would have been otherwise—that’s pain with no gain. (My apologies for the cliché.)

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  • What if your co-workers knew how much you make?

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    Evan Rodd, PayScale

    We’ve talked a bit about social transparency – the dawn of a new social media age in which previous ideas of privacy seem to be rapidly changing. While many of us seem more than happy to share just about every aspect of our lives online, one component still remains taboo for many – salary.

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  • Why waiting for that problem employee to quit is a bad idea

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    Crystal Spraggins, SPHR

    I’d taken on a part-time job as an office assistant at my son’s daycare, intending to use the extra money as a down-payment for a home. I was thrilled to have this second job, not just for the money but also because the owner and I (let’s call her Sandy) got along really well. She was a straight shooter with a good heart (my kind of person), and we often ended the day with a chat about the goings on at the center. This was before I entered the human resources profession and way before I became a manager.

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  • Effective bonus compensation plans for temporary seasonal staffers

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    Each year, thousands of companies make the decision to hire temporary workers to augment their human capital resources during peak production cycles and busy seasons. According to the most recent figures from the US Department of Labor Bureau of Labor Statistics, nearly 2 million people are employed as contingency workers in a wide variety of temporary and seasonal assignments. Additionally, organizations in the manufacturing, retail, and hospitality markets rely heavily on the use of temporary and seasonal staffers.

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  • How to Curb PTO Abuse and Reduce Absenteeism with Compensation Planning

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    Tess C. Taylor, PHR

    Is your company’s paid time off policy becoming a joke around the water cooler? Maybe you are noticing above average call-outs from employees for frivolous reasons? Perhaps no other human capital issue has the negative impact that frequently absent and sick employees create for a business.

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  • Five Common Misconceptions about Employee Turnover

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    Jessica Miller-Merrell, blogging4jobs

    All too often, we jump to conclusions when problems arise. One area in which this is certainly true is employee turnover. Whether we’re the ones experiencing it or we’re just part of the conversation about the growing trend, we tend to think we have it figured out. Most people realize that remedying the situation is much different than knowing what’s wrong, but regardless, we see the problem and also think we see the causes. However, employee turnover isn’t always what it seems on the surface

    At the heart of the issue of employee turnover are the needs, perceptions, desires and decisions of actual people – your company’s employees. This makes the issue somewhat complicated and not as simple to pin down as some might think. There are several misconceptions that are perpetuated about employee turnover and we’ll take a look at five of them here.

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  • Budgeting Employee Compensation Like You Would Your Personal Budget

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    Jessica Miller-Merrell, blogging4jobs

    Most people tend to view their personal and corporate budgets in very different ways, even though the basic principles of both are the same. To create a budget, no matter what type of budget it is, you have certain amount of money you need to work within and specific expenses that need to be included. So if the principles of both are so basic and similar, it would only stand to reason that the same budgeting wisdom you use at home could also be adapted to the budget you create at work also.

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  • 4 tips for negotiating compensation in the workplace

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    Jessica Miller-Merrell, blogging4jobs

    There are some things in life that people avoid like the plague. Talking about money at work is one of them. Working in human resources, it’s part of our jobs everyday but it can still be awkward and uncomfortable. Money is a sensitive topic for many people and it can bring up emotions that aren’t typically expressed elsewhere at work. Additionally, you’ve likely been asked questions that are difficult to answer or that you just don’t know how to handle. However, even with the difficult nuances of compensation negotiation, it doesn’t have to turn into a situation you tell stories about for years to come. Take a look at these five tips for discussing compensation in the workplace:

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  • How to Identify an Unhappy Employee Before They Quit

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    Jessica Miller-Merrell, blogging4jobs

    Having an unhappy employee can be hard on your business. From the moment they first become disengaged, to time off for interviews, to them actually quitting altogether, you’ll feel its effects. Even in the best of circumstances, unhappy employees are bad for business. But before you start making a mental list, remember that unhappy employees aren’t bad employees, they’re probably just not satisfied with some aspect of the job.

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  • 3 barriers to successful pay-for-performance implementation

    Pay for performanceLaleh Hassibi, PayScale

    Today most organizations are either moving toward a pay-for-performance compensation strategy, or at least discussing it. Correlating pay with performance has proven to improve employee retention in many companies, but even so, some detractors of performance-related pay models will tell you that more have been attempted and failed than succeeded. 

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  • Three tips for turning an entry-level employee into a long-term team member

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    Jessica Miller-Merrell, blogging4jobs

    For many companies, it’s the time of year when recent grads and summer interns turn into full-time employees. Bright and shiny, with the new business card holder they got for graduation, they’re now a part of your team. While you’ve probably seen plenty of new entry-level employees come and go over the years, you could play a part in retaining these new team members.

    An entry-level employee may be new to your company, buy they still provide value on a day-to-day basis. In fact, replacing even an entry-level employee can cost anywhere from 30 to 50 percent of their salary and retaining them can help to decrease your company’s turnover over time. So how can you increase the commitment level of this group of employees? Take a look at these three tips:

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  • What makes employees happy?

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    Laleh Hassibi, PayScale

    Most business leaders spent a lot of time worrying about whether or not their employees are going to stick around, dreading the expense of turnover. One big decision factor in an employee's mind is simply whether or not they are happy in their job. 

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  • Say Goodbye to These 4 Causes of Turnover

    Employee TurnoverJessica Miller-Merrell, blogging4jobs

    I remember those days when it seemed it would have been easier to hang the moon and write my CEO’s name in the sky with stars than to fill every position I needed with the right people. Turnover has always been a struggle for HR professionals, but it’s an increasingly overwhelming aspect of managing staffing needs. An employee who departs can leave a big dent in your business. From the increased workload of others to the hours and money spent on filling the position, its effects can be felt far beyond their now-empty office.

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  • 3 lessons on retention from the NFL, NBA, and MLB

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    Jessica Miller-Merrell, blogging4jobs

    We tend to throw around the word “team” a lot in the workplace. “She’s a valuable part of the team,” “Be a team player,” and “This is going to take a team effort.” are all phrases that we toss around like second nature. But for as much as managers view their employees as teams, they may not be doing a superb job coaching. We, as HR professionals, may not be the best team managers in the league, either.

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  • How to decrease employee turnover through gamification

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    Jessica Miller-Merrell, blogging4jobs

    Chances are, you’ve heard about gamification in the last couple years. Although it is a relatively new phenomenon for most businesses, it has become wildly popular as a way for companies to train employees. However, the reaches of gamification go far beyond just training employees and actually helps to reduce the issue of employee turnover.

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  • How to Become a ‘Best Place to Work’

    Jessica Miller-Merrell, blogging4jobs

    If you're looking to become a ‘Best Place to Work,’ you've got some tough competition. Most companies will find it difficult to compete with Google's seven-acre sports complex, complete with horseshoe pits and roller hockey rink or The Boston Consulting Group's optional six-month delayed start for new consultants who would like to have $10,000 and time to do some non-profit work. Even still, your business can achieve the prestigious status by making a splash with some changes that are proportional to your business. We can't all be Google, but we can all be great.  

    Involve Management and Executives 

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