Compensation_Today_2014_hero

WHAT'S HOT?

Is it time to ban bossy? 5 reasons your HR department is driving everyone crazy What to do when your employee posts nasty things about you on Facebook Snackable Content
snackable_content_minimumwage
  • Smoking in the Workplace

    Does Your Workplace Smoking Policy Cover All the Bases?

    If you could cut your break times and maybe even your health insurance rates by refusing to hire smokers, would you? While the idea is intriguing, these kinds of policies to stop smoking in the workplace may be illegal in so-called “smokers’ rights states.” Further, there are three practical reasons these preferences for hiring nonsmokers may not be such a great idea.

  •  
  • Why Develop a Competitive Compensation Plan

    Ways to Beat Your Competition with Your Compensation Plan

    By Staff Writer  

    Your company is likely already looking to profit in all of the obvious ways, like sell more products, buy better equipment and invest in more lucrative locations. But, has your company leadership considered that they can beat their competition with smarter compensation planning? Any HR person knows that this approach is not only possible but essential. The key is to know how to get it done.

  •  
  • To-Do List for Human Resources Planning

     

    More Compensation Planning Mistakes and the Steps to Avoid Them

    By Staff Writer

    In a previous post, “Top Compensation Planning Mistakes (And How to Avoid Them),” we discussed the first five of ten most common compensation mistakes and how to avoid them. In this second post, we’ll cover five more habits that can lead you into trouble. We’ve also compiled for each an HR to-do list to avoid these common pitfalls.

     

  •  
  • Framing Discrimination Claims

    EEOC Claim Statistics: Actions Necessary for Preventing Employment Discrimination Claims

    The EEOC recently reported that it recovered a record high of $294 million on behalf of employee claimants in FY 2009. How can you prevent becoming a target of an employment discrimination claim? Find out the six steps you can take. Your hint: The first tip involves training.

  •  
  • Compensation Budget Questions

    Q&A Session – Refining Your Compensation Budgets

    The following is a transcript of questions and answers from PayScale’s webinar, "How to Play a Key Role in Compensation Budgeting." The topics covered include how to make shrinking budgets go farthest towards improving employee performance, ways to encourage performance other than higher wages and how to ensure senior management support. Answers are provided by PayScale’s director of customer service and education, Stacey Carroll, M.B.A., SPHR, Frank A. Cania, SPHR, and Betty Richardson, CCP.

  •  
  • Employee Performance Reviews

     

    5 Keys for Successful Employee Performance Reviews

    Almost all organizations utilize employee performance reviews in one fashion or another. These reviews tend to run either on a set annual basis or on the anniversary hire date of the employee. Regardless of when they are performed, employee performance reviews are vital to both the employee and the supervisor, as they serve to gauge employee performance, and allow a formal setting to speak about expectations. Although they sound simple, and most of the labor force has been a part of this process, there are several ways for the organization to maximize this procedure and ensure employee review effectiveness.

     

  •  
  • Setting Compensation Budgets

    How to Play a Key Role in Setting Compensation Budgets

    By Staff Writer

    During PayScale’s recent webinar, titled, “How to Play a Key Role in Compensation Budgeting,” PayScale director of customer service and education, Stacey Carroll, MBA, SPHR and HR experts Frank A. Cania, SPHR and Betty Richardson, CCP, explain why, in today’s economy, smart compensation planning and budgeting is more important than ever.  And, they explain how you can bring that message to your company.

  •  
  • The Advantages of Corporate Wellness Programs

    What Are the Advantages of Corporate Wellness Programs?

    How are you managing the health care costs at your company? If they seem overwhelming to you these days, you’re not alone. In the past ten years employer health coverage premiums increased by 119 percent, according to the Kaiser Family Foundation, and other studies show that health care costs now absorb, on average, 50 percent of profits compared to 7 percent in 1980. Productivity losses related to personal and family health problems equal $1,685 per employee per year. What can you do to minimize health care expenses?

  •  
  • On-the-Job Training Programs

    A Smart Approach to On-the-Job Training Programs

    When people think of conducting on-the-job training, they tend to think of new employees who have entered a job, have been shown a desk (or other work environment), and will be learning via “trial by fire.” Although this method is sometimes effective, the benefits of on-the-job-training can be amplified with a little more preparation and coaching.

  •  
  • Absences for Exempt Workers

    Exempt Employees and Partial Day Absences

    One issue that comes up continually for employers is how to deal with exempt employees who take time off in less than full day increments.  The Fair Labor Standards Act (FLSA) regulations make it clear that employers generally cannot dock their exempt employees pay for absences of less than a day without jeopardizing the exemption.

  •  
  • Meeting Facilitation Training

    Motivation Beyond the Meeting: How to Make Training Last

    By Staff Writer

    How do you maintain the energy created by a training session and help your employees stay enthused? If you’ve ever been frustrated by a drop in employee morale after an project or event is over, one expert would like to suggest that you take a closer look at the example you are giving on how your approach your work, the physical environment you’ve created and more.

  •  
  • Case Studies on Pay for Performance

    Pay For Performance Models In The Legal Profession

    Compensation based on pay for performance models is not new to corporate America, but it is practically unheard of in the law profession, until recently. Law firms are now seriously considering abandoning the traditional and long-established lock-step compensation system for a more rigorous pay-for-performance system. What could have prompted such a radical move given the legal profession’s wide reputation for being adverse to change?

  •  
  • Employee Compensation Plan Design

    Think Ahead: Smart Employee Compensation Plan Design

    When it comes to helping HR professionals utilize our tool to build, maintain, or update their compensation program, I hear myself saying over and over again, “remember it’s a tool, but you have to know what you want from the tool before it can be useful.” It is very important for any organization that is going through the process of benchmarking to work through what their employee compensation plan design strategy is prior to trying to interpret external market data. Part of defining your compensation philosophy is knowing who you compete with for talent and how competitive you want to be. Let me provide you some examples of what I mean.

  •  
  • Performance Appraisals' Strategic Objectives

    The Question:  Why Don’t Performance Plans and Appraisals Work?

    You’ve seen a million articles by now titled, “Why Your Performance Appraisals Don’t Work” or “How to Fix Your Performance Appraisal Process,” and so many more like that. Don’t all these articles begin to ask a much bigger question, “If there was an answer to how to make effective performance evaluations, wouldn’t we all be practicing that solution by now?”

  •  
  • Internet Research as a Hiring Technique

    internet research as a hiring techniqueRecruiting Online: Is Web 2.0 HR’s Pandora’s Box?

    What do you do when you want to learn more about a virtual stranger? Google them, of course. Most people would confess to harnessing the power of a Google search to satisfy personal curiosity, and many employers conduct hiring based on internet research. Web 2.0 (we’re talking about social networking tools like LinkedIn, Facebook, MySpace, Twitter, personal blogs, and Google) provides employers with a new world of information about potential employees. However, satisfying one’s curiosity as an HR recruiter about a job candidate can open up a dangerous can of worms.

  •  
  • Compensation Planning Mistakes

    top compesation planning mistakesTop Compensation Planning Mistakes (And How to Avoid Them)

    By Staff Writer

    There are many ways to make mistakes when doing compensation planning. The day-to-day hustle of growing a business can cause anyone to miss key details, fail to communicate fully or skip some step in the process.

    In this post on compensation planning mistakes, we’ll help you learn what’s most important about your communications with employees, ways to boost employee morale and how to create a more efficient work stream when it comes to planning compensation budgets. Below are the first five of 10 suggestions we’ll be sharing with you. Feel free to leave a comment with some suggestions of your own.

  •  
  • Using Credit Checks in the Hiring Process

    legal and ethical use of credit reports for hiring employeesBackground Checks and Job Offer Withdrawal

    You may think you’ve found the perfect person for the job, but you don’t know their whole story. It is possible that, upon performing an employee background or credit check for the hiring process, you may find information that would make you unwilling to hire them. At that point, what do you do?

  •  
  • How to Calculate Employee Turnover

    how to calculate employee turnoverCosts of Employee Turnover - Part 2

    In our first post on the costs of employee turnover, you learned why hanging onto your employees is important to the financial well-being of your organization, as long as those employees are a good fit.

    In part 2, I will show you some twists and variables on those calculations that you must make to see the full picture that employee turnover in your organization is telling you. I will also cover a few of the many variables that can affect your turnover rate and affect how you choose to interpret results of your employee turnover calculations.

  •  
  • Employee Competency Checklist

    employeeEmployee Core Competencies - A Proven Tool for an Organization's Success

    “Hi, you got a minute?” It’s your fourth interruption this morning. It’s Sally, the Operations Manager. You know when she says, “Do you have a minute?” it usually means, “Do you have a half hour?” She comes in and sits down in your guest chair and you figure that you can spare a half hour before your next meeting. You’ve been the HR manager for your company now for five years so you can tell that Sally really needs to talk to you and it’s about one of her employees. You can probably guess which one, but you let her tell you.

  •  
  • How to Explain Employees’ Total Compensation

    explaining-employees-total-compensationCommunicating Compensation Plans to Employees

    How well do your employees understand your compensation plan and philosophy? Clearly communicating compensation plans to employees is worth the effort. It can lead to harder-working, more loyal and satisfied employees. “But it’s complicated!” you say. You’re right. Let’s talk about what your organization might do to make compensation plans more transparent to your employees.

  •  



SEARCH
GET PAYSCALE NEWS
Sign up for the latest tips and tricks in compensation from PayScale.
Sign up for PayScale News


BRIGHT POSTS

Career News
SOCIALIZE WITH US
CATEGORIES