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  • The skills gap starts in high school

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    Jessica Miller-Merrell, blogging4jobs

    There’s no denying that the skills gap is a growing concern for employers, but there may be some dispute as to when it begins. Common misconceptions could be that the skills gap occurs during the college years, as students aren’t equipped with the necessary experience to enter the workforce qualified to do a job. Some may also think it begins as workers gain more years of experience but fail to maintain their knowledge of current technologies, processes or industry knowledge. However, the skills gap actually begins in high school, far before a worker even declares a major or takes on their first full time job.

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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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  • Using online education to close the skills gap

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    Jessica Miller-Merrell, blogging4jobs

    Nearly every company in every industry has been challenged by a skills gap in their workplace. Whether it’s a significant gap, such as the inability to fill demanding positions, or more minor, such as the need for an employee to become more skilled in creating spreadsheets, the skills gap can be felt nearly anywhere there are employees. Companies use a wide variety of resources to close the skills gap, from external recruiting, to internal training and mentorship programs, but there’s another resource that isn’t often used but is highly valuable: online education.

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  • Stock options won't go the way of the Dodo Bird

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    Dan Walter, Performensation

    An August 27, 2013, there was an article in the Wall Street Journal titled “Last Gasp for Stock Options?” The writer, Emily Chasan, starts the article with this sentence: “Stock options are on the verge of extinction.” Since Emily just came out and said it, I won't bury the lead either.

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  • Compensation Trends in the Insurance Industry

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    Tim Low, PayScale

    I recently gave a presentation along with a colleague to all the attendees of the HR & Finance Summit of the National Association of Mutual Insurance Companies, NAMIC.

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  • Snackable: Most overpaid players in the NFL

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    Laleh Hassibi, PayScale

    In the Human Resources’ world, we talk quite a bit about getting pay right without overpaying employees. Sometimes a premium paycheck is warranted for a star employee, or an employee with rare skills. In general, the best way to know what to pay an employee is to adjust their pay based both on what’s going on in the market and also how well the employee is performing.

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  • 5 Myths of the Skills Gap

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    Jessica Miller-Merrell, blogging4jobs

    The skills gap is reported as being a top concern for employers, but there may be more there than meets the eye. While nearly half of all employers report having a difficult time hiring employees to fill positions, many don’t discuss the hidden reasons behind the difficulty of hiring. The skills gap is real and it certainly exists, but there tend to be a lot of myths surrounding it. Here, we break some of those myths down and talk about what the skills gap really is and isn’t.

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  • To tweet, or not to tweet: 3 things to know when developing a social media policy

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    Evan Rodd, PayScale

    Social media is the ultimate 21st century water cooler, allowing just about anyone to say, well, just about anything to various audiences. Unfortunately, this freedom can sometimes paint a less-than-professional picture of your company, especially when employees use social media as a means to air grievances surrounding their jobs.

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  • Get Ready for the ADA 2014 Requirements Now!

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    Tess C. Taylor, PHR

    On July 26, 2013, the American Disabilities Act reached a milestone. It’s been twenty-three years since President George H. Bush signed the Act into law to provide millions of disabled workers in America protection from discrimination and full access to public services. Yet, the law has far reaching capabilities as the US Department of Justice is currently evaluating the ADA as it also relates to websites.

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  • Now featuring: hybrid jobs and market trends reporting

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    Laleh Hassibi, PayScale

    We've been talking about purple squirrels a lot lately at PayScale but what if your organization has a Squirrelcorn – a totally unique job that is the hybrid of two different jobs? How would you price that job? Or what about the situation where some of your jobs are moving faster (or slower) than the general market? Are you able to stay on top of those jobs to ensure you're keeping up with the market and paying employees the right amount? Two new exciting features of PayScale's software can help you with these situations.

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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

    Reducing intern turnover
    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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  • “Play-or-pay” delay: what employers need to know

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    Evan Rodd, PayScale

    Following a recent announcement by the Treasury Department, employers have been provided another year (until 2015) before penalties under the employer “play-or-pay” mandate are addressed. Additionally, the mandatory employer and insurer reporting requirements have also been delayed. Under the mandate, organizations with 50 or more full-time (those that work 30 or more hours a week) employees are required to minimum essential coverage.

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  • Catching a Purple Squirrel in 3 Easy Steps

    Laleh Hassibi, PayScale

    Take the PayScale Challenge!
    Are you searching for a purple squirrel – you know, that elusive candidate who has all the qualifications and experience your job position requires? Or maybe you just lost a valuable employee to a competitor.  If you’re like most organizations, you spend between 30% and 50% of revenues – totaling millions of dollars a quarter – on compensation. Getting compensation right not only means having control over the bottom line, but getting and keeping star employees.

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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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  • Nail compensation with Insight Expert

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    Laleh Hassibi, PayScale

    PayScale is well known in the job seeker world as the place to go to find out what they should be paid. Many businesses also know PayScale for our fresh, detailed compensation dataset and our MarketRate product that gives market-based job reports. But did you know about that we also offer a software product called Insight Expert that can help you manage compensation for your entire workforce?

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  • Has Google Stumbled Upon the Future of Candidate Screening?

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    Evan Rodd, PayScale

    Let’s face it – we are living in a mobile world where convenience and speed tend to dictate most of our decision-making. There seems to be an app for, well, almost everything, and that doesn’t seem to be changing any time soon. Not only do we have multiple apps for calling car services, or recognizing music, we have a variety of different platforms that allow us to access apps (and the information contained within) at almost any moment.

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  • What the Skills Gap DOESN’T Mean for STEM Jobs

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    Jessica Miller-Merrell, blogging4jobs

    The skills gap is a growing concern for employers across America and there is no better example than in science, technology, engineering and math (STEM) industries. Of more than 4000 companies PayScale surveyed, 67% report having a skills gap in 2013. Its effects are felt by companies that are constantly under pressure to develop advanced technologies, but it’s also felt by companies across every imaginable industry simply filling positions in IT and related departments. In fact, the Bureau of Labor Statistics estimates that there will be 8,654,000 jobs in STEM jobs in just five years, and that’s not even including self-employed professionals. Job creation is certainly a positive thing, but 42 percent of employers believe that employees will enter the workforce unprepared for STEM jobs.

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