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
  • How to Win When Your Boss is a Woman

    Header_WinWithWomanBoss

    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.

  •  
  • Rockstar, or One-Hit Wonder?

    Header_rockstar
    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.

  •  
  • Win Top Tier Techies!

    Header_SecureTalent
    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?

  •  
  • 5 Tips for Managing Temp Workers

    Header_5tips
    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.”

  •  
  • The Right Way to Give Pay Raises

    Raise header

    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.

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

    Header_CloudBasedSystems
    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.

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

    Header_HR_Raises
    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. 

  •  
  • Create a Career Path to Retain Employees


    Header_LosingEmployeesby Erin Palmer

    How Creating a Career Development Plan Can Retain Employees

    A recent survey released by the Society for Human Resource Management (SHRM) and CareerJournal.com revealed that HR professionals and managers are gearing up for a mass exodus of employees they feel is inevitable when the job market begins to improve. When asked why they would look elsewhere for work, employees cited three main reasons: over 50% said they were looking for better compensation and benefits, 35% admitted they were dissatisfied with their current career path, and 32% said they needed a new experience with new challenges.

  •  
  • Virtual Workers Reduce Your Labor Expenses. Reward Them Well.

    Header_TelecommutersDeserveRaise

    by Jessica Miller-Merrell, Blogging4Jobs

    Do Work-From-Home Employees Deserve a Raise? 

    Having the option to work from home provides many employees flexibility, empowers them personally and professionally and often increases engagement levels. Successful work-from-home professionals or employees with flexible work schedules must learn to manage the change of lifestyle. They often work off hours, and squeeze more work time into a typical day than at-the-office workmates. Studies show employees would make sacrifices such as taking a cut in pay to gain telecommuting or flexibility.    

  •  
  • How to Address Concerns of Favoritism for Employee of the Month

    Header_EmployeeFairness
    by Lacey Halpern, XeniumHR.com

    How do you reward your employees for a job well done? Do you recognize them in the moment? On a monthly basis? At all?

    As employers have the resources to spend more time, energy, and money on retention, they can look to things such as an Employee of the Month program to publicly recognize top performers within the organization. Employers must take in to consideration that fairness, equality and a well communicated program are vital to the success of an employee of the month program.

  •  
  • Employees Forego Higher Wages in Favor of Flexible Work Schedules

    Header_WorkLifeBalance
    by Jessica Miller-Merrell, xceptionalhr.com, blogging4jobs.com

    Eighty-three percent of Americans believe telecommuting’s popularity is on the rise. With the rise of smart phones, tablets and other mobile technologies, working from home has never been easier. And never before have employees been willing to give up certain benefits just to have a home-based job. 

  •  
  • Ignorance is bliss, but knowledge is power

    Header_IQuit
    By Mykkah Herner, MA, CCP, Compensation Consultant at PayScale.com

    Think ignorance is bliss?

    You’ve heard some rumbling here and there, but no one has come out and said anything. That means you don’t have a compensation issue. Right? Well, maybe, but do you really want to chance losing your top performers? We’ve heard this from a number of potential clients: “We don’t have any major problems, so comp strategy is not a priority. We think we may have issues with pay, but not knowing for sure makes us feel better. Ignorance is bliss.” This “do nothing” objection may work out alright for the short term, but in the long term you run a real risk of losing your top performers, having pay inequity issues, and generally being a poor steward of one of the largest resource expenses in your organization - employee compensation.

  •  
  • 500 New PayScale Customers!

    PayScale has 500 New Customers

    PayScale is growing fast! 500 corporations from across the globe made the decision to subscribe to PayScale's SaaS offerings so far in 2012. New customers in Q3 include Clemson University, Heartland Financial, Earthbound Farms, and Swift Transportation. They join many organizations, including, Adecco, Bloomberg BNA, Gulfstream Goodwill Industries, the Tribune Company and Perry Ellis who signed on with PayScale in the first half of the year.

  •  
  • New CEO on the Block: Yahoo’s Marissa Mayer Reveals Plan for Company Turnaround

    Yahoo
    by Evan Rodd, PayScale.com

    As Yahoo’s third CEO this year, Marissa Mayer is wasting no time turning Yahoo into a fast-paced, mobile force to be reckoned with. She has already replaced chief financial officer Tim Morse, who served as interim CEO last year. Morse has stated he was nervous about working with a new CEO, and rightfully so. Did he know his days were numbered?

    Last week, Mayer held an employee meeting to reveal her vision for the new Yahoo. Anonymous employees rushed to dish on their new boss’ plans for company overhaul, though Melissa isn’t sharing any specific details regarding new products or strategies. What Mayer presented was a general vision of the new Yahoo, and it sounds like she has big plans. 

  •  
  • "We’re too small for a comp plan." Wrong answer!

    Header_compPlans
    Mykkah Herner, MA, CCP
    Compensation Consultant at PayScale

    I’ve worked with organizations of various employee sizes, from as small as 19 up into the thousands, helping them to develop stellar compensation plans. I really enjoy working with companies that have between 75 and 125 employees. Generally, by that point, there is some acknowledgment that what they are currently doing isn’t working. There is also often some concern about developing something too rigid. These organizations will typically see a huge positive business impact from developing a clear comp plan.

  •  
  • HR Career Advancement: MBA, Certification, or Neither?

    What's the Best Choice? It Depends.

    Should an HR professional seeking to gain a higher salary invest time and money into earning an MBA, a Professional in Human Resources (PHR) or Senior Professional in Human Resources (SPHR) certification, or just working hard on the job? According to new research by PayScale, the answer depends on your job role. For HR specialists, senior HR managers and HR directors, earning either a certification or MBA is usually better than not, but one is often better than the other.

  •  
  • Employee Promotions. Performance or Relationships?

    Many Employees Are Discouraged

    A recent research study shows employees believe that promotion is more a matter of personal connection than a reward for performance. The study found that 44 percent of respondents believe that relationships drive promotion. Only 39 percent cited performance as the most significant factor for career advancement.

  •  
  • PayScale and Cornerstone on Demand Reveal Talent War Secrets in Four Cities

    Need to Retain Talent? Learn from the Pros

    By Tim Low, PayScale.com

    You probably just know us from the Web, but there are, in fact, real live humans here at PayScale, and we're coming to a town near you.

  •  
  • 2011 SHRM Conference Speakers

    SHRM 2011: How to Improve Your Company Culture

    At the SHRM 2011 national conference in Las Vegas, two speakers, Arianna Huffington and Sir Richard Branson, approached the issue of company culture from two different angles. Both of which ask employers to raise their games.

  •  
  • Zappos CEO’s Success Secrets

    Company Culture: Lessons from Zappos CEO Tony Hseih

    How do you approach the culture at your company? If you haven’t thought about that question recently, it likely needs attention. A well-defined culture can bring you great business results. Just ask Zappos’ CEO Tony Hsieh, author of “Delivering Happiness.” He spoke at the SHRM national conference in Las Vegas this year about the importance of company culture in bringing success to a company.

  •  



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