• 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.

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  • 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.    

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  • 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.

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  • Compensation Strategies That Work

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    By Stacey Carroll, PayScale.com 

    This week, I presented a new webinar entitled "Compensation Strategies that Work." If folks were hoping that I had a magic answer for the compensation strategy that works best they were disappointed. The point of the webinar was that the strategy that works best for your organization is the one that your senior leadership team thinks fits your organization's particular business objectives.

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  • 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. 

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  • HR Pros Know all About Binders

    Binder debacle
    via imgur i.imgur.com/ovlVk.png

    by Laleh Hassibi, PayScale.com

    The topic of Mitt Romney’s “binder full of women” is all over the social media channels today and the subject of memes, blogs and various other forms of snidery. HR professionals know all about binders, having relied on binders full of salary data to make decisions about pay for a long time. It’s definitely time to rethink the outdated binder-method of HR, but that’s a whole different blog article. Right now, I want to take a swing at gender pay inequity, which is the heart of the Mitt Romney binder debacle. Men making more money than women is not a new discussion by far, but one that can easily be made a non-issue in any company with some good solid compensation planning.

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  • HR Technology Vendors are Marketing Up a Storm

    Header_HRTechConf
    by Tim Low, VP of Marketing, PayScale.com

    I attended the HR Technology Conference and Expo in Chicago this week to meet with some partners, attend some sessions, and evaluate the show for PayScale for next year. 

    The sleepy little backwater that used to be called HRIS is now Human Capital Management (HCM) and encompasses software and tools for everything HR from recruiting and onboarding, to training, development (learning), performance management, compensation :) and even 'employer branding' (think of your company page on LinkedIn). 

    Here are three takeaways from the show: 

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  • 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. 

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  • CFO Corner: Cloud Comp, Cloud HCM, Cloud, Cloud, Cloud

    By Tim Low, VP of Marketing, PayScale.com

    You can’t swing a dead cat these days without hitting a mention of the cloud.There’s a reason for that. Cloud technologies, applications and vendors are treating HR and business customers to a whirlwind of innovation not seen in, well maybe never.  

    Cat
    No animals were harmed in the
    making of this blog post.

    Two recent articles are great ways to start to understand the direction HR technology is heading and the impact the cloud is having on organizations. In a great piece in CFO Magazine, David McCann writes about A Cloudy Revolution for HR Tech Arena. I highly recommend it if you’re interested in starting to understand the state of HR technology and the rapidly-evolving apps that are fast becoming must haves for businesses of all sizes.

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  • The Pros and Cons of "Ownership Thinking"

    Ownership Thinking: Can It Help Your Business?

    There’s been some buzz in business circles about Brad Hams’ Ownership Thinking: How to End Entitlement and Create a Culture of Accountability, Purpose, and Profit. This weekend I sat down to see what the fuss was about, and found some interesting and some not so interesting points in his work.

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  • Salary Negotiation Tips for Employers

    How to Respond to a Request for a Raise

    It’s that time of year again: the annual salary budget has been set, performance evaluations are done, and suddenly managers are hiding behind closed doors, anxiously dreading “the talk.” The annual compensation conversation doesn’t need to be a daunting, mysterious process, either for managers or the staff they supervise.

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  • What Small Companies Really Need from HR

    Large and In Charge: The Strategic Role of HR at Small Companies and Non-Profits

    4320245924_b8f945a7f8_bWith the buzz around talent management, organizational development, and management circles, the role of HR is becoming more sophisticated in larger organizations . But, in smaller companies and non-profits, HR professionals often still fill more traditional roles in areas like recruitment, benefits, payroll, and evaluation processes – not to mention being the on-staff therapist. It’s time for small organization HR professionals to dig out from under the heavy lifting and get into more strategic positions in the company. The company needs them to do so, and here is why.

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  • Unexpected Leader: Burning Man Festival

    Employee Motivation Lessons from the Burning Man Festival

    By Bridget Quigg, PayScale.com

    How can you inspire human beings to do something great? Books have been written about it, great thinkers have thought about it, and an annual event in the Nevada desert seems to have done it – all without setting up a rewards structure or incentive pay plan. What can we learn about human motivation from Burning Man?

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  • How to Communicate About Total Compensation

    How to Communicate About Total Compensation

    Perhaps you know this scenario. You have a great total rewards package for your employees – competitive salaries, benefits, professional development and training - even a comprehensive EAP. Everything is in place. Then, one day an employee asks you a seemingly simple question about their benefits. You ask yourself, “Why are they asking me this? Shouldn’t they know that already?”

    You may need to work on a key aspect of your compensation package – communication.

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  • Human Resources Managers Know

    The Honor of Working in Human Resources

    For the last three years, I have had the privilege of talking to many Human Resources professionals in the United States and Canada. There is a border between some of us, and we are in a multitude of industries, yet one thing remains constant: we know what is really going on with pay in our companies.

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  • Practical Performance Evaluation Tips

    Performance Evaluation Tips: How to Motivate Management to Complete the Process

    How do you get supervisors to get those performance appraisals done? Here are some ideas that may help.

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  • Co-Worker Quirks and Perks

    Learning to Appreciate Quirky Co-Workers

    I was taking a class one summer when the professor gave us an assignment and said those dreaded words, “This assignment will be a group project.” I balked, and his response to my eye roll was simple: “Life is a group project. There are contributors and there are slackers and that is something you just have to get used to.” That is when I realized that I have been participating in “group projects” my entire life, especially at work.

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  • Unexpected Answer: Qualities of a Good Leader

    Every Employee Needs the Qualities of a Good Leader

    By Bridget Quigg, PayScale.com

    How important is a manager to the success of a team of workers? The qualities of a good leader may be needed in more places than you’d expect. A recent study out of Sweden took a close look at whether or not it is worthwhile to simply train managers to be leaders or if every employee on a team ought to get leadership training. The study’s conclusion: lose the hierarchy and train the whole team.

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  • HR Audits: How to Make Them Easy

    How to Approach an HR Audit

    Why is it when the phrase “Human Resource Audit” is uttered, the first reaction of so many of us is pain? Perhaps this article will persuade you to an alternative response. HR audits can be an excellent exercise to undertake, especially when you first join an organization.

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  • Advice for Employee-Employer Communication

    Employee-Employer Communication: PayScale’s CEO Gives Advice

    By Staff Writer

    How do you design and present your compensation plan so that your employees feel motivated to perform better? This question has been debated many times here on Compensation Today. Today we hear from PayScale’s CEO Mike Metzger with some of his thoughts on the topic.

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