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  • Five for Friday: Times are a Changing

    Laleh Hassibi, PayScale.com

    The times are always changing, but we uncovered some interesting tidbits about exactly how things are changing for 2013 in our weekly review of the blogosphere. Here are our top five picks from the week:

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  • 5 Time Management Tips You Must Do in 2013

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    Jessica Miller-Merrell, blogging4jobs

    Every year on the first work day of January, your co-workers return to their desks with a new plan to transform themselves via their New Year’s Resolution. Maybe they are mixing health shakes in the breakroom in place of their lunches, walking through the halls (or up and down the stairs) in lieu of their typical breaks to sneak in some exercise or madly chewing nicotine replacement gum to kick the smoking habit. Whatever their goal might be, their intentions are good. But, this year, instead of (yet again) resolving for your health, consider the best New Year’s resolution of all: resolve to find more time.

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  • Win Top Tier Techies!

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    Evan Rodd, PayScale.com

    As many businesses gravitate towards a stronger software presence, the demand for tech-savvy employees is growing larger every day. 

    It can be challenging enough to secure customers, especially if software is an imperative aspect of your services. When that software needs some TLC, you want the best and brightest in the business. Top companies like Google and Apple offer the incentives and company culture that many techies gravitate towards. When you are trying to stay afloat in a competitive tech marketplace, what can you do to secure top tier techies?

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  • Five for Friday: Don't Worry, Be Happy

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    Laleh Hassibi, PayScale.com

    Editors note: this is a new feature in our blog that you'll find every Friday. Look for our five favorite stories, infographics, or blog articles of the week. 

    1. Success Means Learning to Let Go
      Geoffrey James, Inc.
      Geoffrey James gives us timely advice for this busy chaotic season that mimics the message behind that old Bob McFerrin classic, "Don't Worry, Be Happy." A key to success is to learn to let go of our frustration about those items on our to-do lists that are driving us crazy because we have no control over them. Instead, we'll do better by saving our energy for the things that really matter to us. 
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  • CFO Corner: Equity Compensation – The Ups and Downs of ISOs

    Stickman ups and downs of isos
    Incentive Stock Options are a great place to start talking about equity compensation. ISOs are “appreciation-only” vehicles, meaning they have direct value to employees only if the stock price appreciates above the initial grant price. Other common appreciation-only instruments include NQSOs and SARs (to be covered in future posts). If you understand ISOs, you can easily understand other appreciation instruments.

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  • The Science of Compensation & Big Data is Sexy

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    Jessica Miller-Merrell, blogging4jobs

    Uncovering the History of the HR Algorithm

    The term HR algorithms was all the rage when Google announced it was turning to a mathematically sound and logical approach to analyze HR data. Google is renowned for blazing the trail of innovation, and if any company was going to crack the code of better understanding and even predicting employee trends and turnover, it was Google. The internet search engine giant announced it was inputting employee reviews, promotion histories and pay and other similar data into a mathematical algorithm in an effort to mitigate “brain drain,” the disengaged employee and turnover. That was May 2009. 

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  • CFO Corner: The 2013 Meaning Of Unemployment

    Although President Barack Obama has been re-elected, our country continues to be divided amid our economic recovery and job growth. With a 7.9 percent unemployment rate in October, Obama is tackling the highest jobless rate of any president in the postwar era.

    However, things do seem to be looking up in the 2013 unemployment forecast. The Labor Department recently reported the nation added 171,000 positions on net in October, with more jobs than initially estimated in August and September. According to the New York Times, economists are hopeful that post-election policies in Congress will address fiscal tightening that may increase job and output growth.

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  • Is Your Company’s Drug Policy Going to Pot?

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    Evan Rodd, PayScale.com

    During the 2012 election, voters in Colorado and Washington were faced with an interesting decision: Should recreational marijuana use be legal?

    Many states continue to legalize medical marijuana, while others are considering similar measures for recreational use. Currently, 18 states have laws regarding the legal consumption of marijuana.

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  • An iPad mini For Your Thoughts?

    Header_2013CBR
    Laleh Hassibi, payscale.com

    We want to gain a better understanding of what companies like yours are doing around salaries, compensation planning, the talent wars and even the changing world of work and technology. Each year, PayScale invites over 100,000 HR professionals and business leaders to participate in our Compensation Best Practices Survey to identify upcoming pay trends and help businesses stay ahead of the curve. This time around we're excited to have teamed up with Inc. Magazine to uncover important compensation trends for 2013.

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  • One Person, Two Titles... What?

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    Jessica Miller-Merrell, Blogging4Jobs

    Have you ever worked at a place where you’ve had two job titles? Internally my title is Communication Department Lead III. Publically, I’m the Public Information Officer. What the heck? 

    This scenario isn’t uncommon in the corporate world. Having both an external, public title along with an internal one is common. Yes, I know it’s completely crazy which is why you are reading this now.  Organizational charts and pay scales demand structure and consistency. We are rooted in processes and planning which for companies is a good thing. Marketing and branding outside of the organization have different requirements. The necessity of both often results in one employee having two titles.

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  • 4 Ways to Rock Your Employee Benefits & Rewards Program

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    Jessica Miller-Merrell, Blogging4Jobs

    Compensation Outweighs Workplace Perks and Employee Benefits 

    Studies show that while employee rewards programs are popular by employers, they are not as appealing to the employees for which they were created in the first place. Employee perks and healthcare benefits are popular lures among employees, but salary compensation still reigns supreme as the benefit of choice.  Money is (and probably always will be) the number one way to recruit, retain and hire qualified job seekers. But, that doesn’t mean rewards programs should go by the wayside. A comprehensive total rewards package is essential, but half the battle is letting the employees know the rewards are out there. Communication is the key.

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  • HR’s Seat at the Table: Up for Grabs

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    A few years ago, I went to a presentation where the former President of SHRM, Sue Meisinger was speaking to a group of HR professionals. When it was time for questions, I asked, “What do you wish HR professionals would stop doing?” Her priceless response was, “Would you please stop asking for your seat at the table.” She went on to explain that people don't get to the executive table by asking. Either they show up and no one stops them, or they are needed there because their input is invaluable. She commented that HR needs to stop asking and start doing. Even better, HR needs to become so influential that their input as the expert on talent management strategy is also invaluable. So, why are so many people asking instead of doing? Because they don’t do anything that warrants being there. Every HR person I’ve ever met has plenty of work to do. The problem is not the volume of work being done but the prioritization of work.

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  • 5 Tips for Managing Temp Workers

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    Jessica Sanders, ResourceNation

    In today’s business world, the temporary workforce is growing at a rapid pace. According to the American Staffing Annual Analysis, “In a 2011 McKinsey Global Institute U.S. Jobs Survey of 2,000 employers of all sizes and in all sectors, 34% said they expect their companies will use more temporary and contract workers over the next five years.”

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  • The Only Way to Survive the Zombie Apocalypse

    Zombies
    Evan Rodd, PayScale

    Halloween is over, and the end of 2012 draws closer. It seems the many doomsday predictions will never come to fruition, and hopefully, the possibility of a zombie apocalypse remains within the confines of a Romero Movie.

    HR professionals know a thing or two about zombies that lurch around the office, hungry for the next opportunity to take down moral and feast upon your customer relationships. Maybe you were desperate for new talent, and brought in new hires without careful evaluation? Maybe a zombie employee has bitten co-workers, infecting them with the same disease that now prevents a once vibrant employee from utilizing their full potential? Before you know it, your entire team has become the Evil Dead, and you are forced to barricade yourself in your office to avoid joining their ranks.

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  • The Right Way to Give Pay Raises

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    Stacey Carroll, PayScale.com

    Last week, PayScale presented a well-attended webinar entitled, “The Right Way to Give Pay Raises.” This time of year, we hear from many of our customers that they have a raise budget for next year, but need help understanding how to best allocate the funds. The overall budget for pay increases seems to be between three and four percent for most companies this year. At the same time, research suggests that to truly drive behavioral change the reward has to be significant (upwards of seven percent). So, how do you motivate your talented employees to stay and perform at their best with only a four percent raise to give? The best solution is to use a Merit Matrix to differentiate raises based on three factors: market changes, proficiency, and performance.

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  • CFO Corner: Beyond TSR (Total Shareholder Return)

    Stickman Beyond TSR

    Dan Walter, Performensation

    Executive Pay that Works for Shareholders and Companies

    Like Milli Vanilli in 1990, Total Shareholder Return (TSR) is currently all the rage in executive compensation plans. And, like Milli Vanilli, as entertaining as TSR is to some, it may prove to be a less than stellar performer for most. Of course, unlike the disgraced pop-stars, TSR is unlikely to disappear from view any time soon.

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  • Pay Bands, Pay Scales and Other HR Jargon You Don't Know But Should

    Pay bands
    Jessica Miller-Merrell, Blogging4Jobs

    If you’re in the business of giving or receiving (or hoping to receive) an annual merit increase, it’s a good time to get familiar with pay bands. Pay bands — a term that is sometimes used to lump broader terms such as pay levels, ranges or grades — is a component of an organized salary compensation structure. For example, an administrative position at a software company might include receptionists, office assistants and executive assistants. Those jobs are categorized together and given a predetermined minimum and maximum (Pay Band 1 = $12-$18 per hour). 

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  • Arrested Development Planning: How to Stay Ahead in the Talent War

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    Evan Rodd, PayScale.com

    On the popular FOX TV series, “Arrested Development,” Michael Bluth (played by Jason Bateman) is forced to take over his family’s failing construction company, after his CEO father is placed in jail under accusations of treason. The show follows Bluth through a series of hilarious attempts to build a business out of a staff and family that are beyond ill equipped for the challenge.

    Following the Bluth family from one misguided effort to the next leaves one to wonder, what kind of talent management systems are in place in their company? Also, in what world does Portia De Rossi pursue a relationship with David Cross? I suppose that is another story.

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  • What Is Your Worth? How HR Asks for a Raise

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    by Jessica Miller-Merrell, Blogging4Jobs

    Scenario: Your team’s workload has increased and your team has implemented innovative systems. Your department is running like a well-oiled machine with increased productivity despite the occasional (ok – incessant) curveball. You’re putting in the long hours and delivering results. Leadership trusts you. 

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  • PayScale: New and Improved!

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    Laleh Hassibi, payscale.com

    Today PayScale released improved versions of our products, MarketRate and Insight. This release represents the first set of enhancements resulting from recent conversations between our development team and our customers. 

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