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  • How Does Your Compensation Model Fit into Maslow’s Hierarchy of Needs?

    Maslow heirarchy of needs

    Jessica Miller-Merrell, blogging4jobs

    It can be easy to get caught up in the benefits rat race. You know, keeping up with the Joneses, or in this case, the Joneses, Inc. You probably spend a fair amount of time thinking about what’s in your benefits package, how it measures up against your competitor’s, how to market it to potential employees and more.

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  • Michelle Obama Says to Hire a U.S. Veteran

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    Laleh Hassibi, PayScale

    U.S. First Lady Michelle Obama urged companies to hire more veterans last week. The unemployment rate of those who served in Iraq and Afghanistan is nearly two points higher than the national average, at 9.4 percent. While it’s admirable to hire veterans for emotional reasons, there’s another really good reason to hire a veteran — their skills.

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  • Benefit Considerations for an Aging Workforce

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    Jessica Miller-Merrell, blogging4jobs

    An aging workforce can have an affect on many aspects of your business but your benefits package may be the most significant. Older employees have unique needs and preferences, which means that there may be special considerations as our workforce ages.

    Since the average age of retirement has increased by four years in the last decade and is expected to continue to rise, it’s time to start making room for a seasoned workforce as we make benefit decisions. Read below to learn about three major considerations.

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  • Offering Guidance to Federal Contractors, Post Rescission

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    Mykkah Herner, MA, CCP, Compensation Consultant PayScale

    Stephanie R Thomas ends her blog post, “Gone With The Wind (Your Guidance, That Is),” with a challenge: “How will you prepare?” She aptly points out that the rescission of the “Compensation Standards” and “Voluntary Guidelines” by the Office of Federal Contract Compliance Programs (OFCCP) leaves federal contractors with less guidance about how to comply with non-discrimination requirements outlined in Title VII. I’d like to take a moment to offer some suggestions.

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  • Is Yahoo's Decision a Sign That Remote Workers Are Becoming Extinct?

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    Amy Knapp

    In a recently leaked memo, Yahoo exec Jackie Reses called all of the company’s remote employees back to the office effective June of this year, a controversial move for which Yahoo CEO Marissa Mayer has already taken a heavy dose of flack from Bloomberg, the New York Times, Forbes, even Richard Branson.

    Wasn’t telecommuting supposed to be the future? Insurance company Aetna reported saving $78 million in real estate cost since it began encouraging employees to work from home and providing the tools to do so. 37signals founders Jason Fried and David Heinemeier-Hansson wrote a hit book about their success with telecommuters. What’s changed?

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  • Think Outside the Benefits Box to Wow Your Workforce

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    Jessica Miller-Merrell, blogging4jobs

    Medical, dental and vision insurance, retirement contributions, paid vacation and sick leave—it all adds up to a decent benefits package, but it’s what every other employer offers. So when a company wants to stand out, what do they do? Well, some offer scooters for employees to ride through the halls on, some make flag football an item on meeting agendas and some even offer Botox injections at work. While these benefits may seem over the top, they work.  

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  • BuzzBee: Mastering the Art of Compensation

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    Evan Rodd, Payscale

    Hopefully you’re familiar with the many different ways PayScale’s compensation solutions can help your company benchmark high-demand jobs, attract desirable candidates, and remain competitive. Utilizing concrete data and analytics, your HR managers are able to define your company’s labor market and benchmark any job against market rates. Many companies have experienced great success with the help of PayScale’s compensation software, but we wanted to take a moment to highlight a particularly inspiring success story: BuzzBee.

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  • The Performance Review. Formal or Informal?

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    Jessica Miller-Merrell, blogging4jobs

    A performance evaluation is an opportunity for a manager and an employee to meet and discuss the employee's job performance, organizational priorities, and performance goals. For employees this process can be something they dread or look forward to. Despite being a star employee there might be things that they can still improve on but receiving that type of feedback can feel like being put in front of a firing squad. As new generations continue to enter the workforce the way they receive feedback varies. Formal processes can seem daunting, where an informal review might put them at ease.

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  • Should You Offer E-Learning or Classroom Opportunities to Employees?

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    Jessica Miller-Merrell, blogging4jobs

    A key component in the mix of employee retention strategies is to offer employees career development opportunities. As the war for talent heats up in 2013, retention has become a primary concern for many employers. But what kind of education do employees want and how do you give them a valuable opportunity in a cost-effective manner?

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  • 5 for Friday: Reward Zone

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    Laleh Hassibi, PayScale

    This week's Five for Friday focus is on employee reward and recognition programs. Below are highlights of the week's articles on the subject. A consistent theme is to reward often, even if it means the rewards are smaller. As long as they are meaningful and timely, you'll fnd success in your rewards program.

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  • Advance Your HR Career and Get a Chance to Win an Extra Paycheck!

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    We spend a lot of time in the Compensation Today blog talking about attracting, motivating, rewarding and retaining employees, but what about your own career? Have you thought about what you'd like to change to keep yourself on track with your career goals? Maybe you want to earn more money or finally earn that promotion. Maybe it's time to begin working on an advanced certification, like a PHR or SPHR. Have you often thought about getting an MBA in Human Resources? Or, perhaps, you might be ready to switch careers and start over in a new field. Big career goals like that can be daunting—where do you begin? It's simpler than you think. Start with three words: Make It Happen.

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  • The Carrot Principle

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    Jessica Miller-Merrell, blogging4jobs 

    The Carrot Principle unwraps one of the most in-depth management studies ever undertaken. Involving nearly 200,000 people over a ten-year period, it showed that the most central characteristic of any successful manager is that they offer frequent and effective recognition to their employees on an ongoing basis. Productivity skyrocketed when managers took a hands-on approach to constructive praise and gave small, yet meaningful, rewards that motivate employees.

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  • How to Become a Productivity Expert

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    Evan Rodd, PayScale

    Ahh, the New Year has finally arrived. We can now all breathe a collective sigh of relief, as the apocalyptic predictions surrounding 2012 did not come to pass. Since the planet wasn’t engulfed in flames, we can finally focus on something slightly less stressful: New Year’s Resolutions. 

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  • 5 Best Employee Benefits & Perks You Should Add in 2013

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    Jessica Miller-Merrell, blogging4jobs

    An estimated 20 million U.S. employees will be changing jobs in 2013. While that’s a 1 million-person decline compared to 2012, it still accounts for a large majority of the U.S. workforce. What is your company planning to do to retain valuable employees? Getting pay right is a big part of the equation, but benefits and perks are important factors too.

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  • How to Win When Your Boss is a Woman

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    Jessica Miller-Merrell, blogging4jobs

    Having worked for both male and female bosses, it is no secret that the sexes see work, priorities, and life differently. My male boss would often cut out of the office at 4:30 p.m. while a female boss would call me at 8 p.m. on a weekend. Some of this is work style, but science has proven that men think, lead and react differently than their female counterparts. As an HR professional who likely has a female boss, it can help to know it isn’t just you.

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  • Rockstar, or One-Hit Wonder?

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    Evan Rodd, PayScale

    Many of us have dreamed of rock stardom—climbing on stage in front of an audience, and watching thousands of people sing along with us as we aggressively strum our guitar like Angus Young. There’s nothing like that level of recognition to get your adrenaline pumping, especially from a stadium full of people who are able to come together under the common bond of your awesome abilities.

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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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  • 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 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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  • 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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