• Yes! 8.8 Million Workers are Getting a Raise!

    Header_WorkersGettingRaise_MainTess C. Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger

    Literally just hours after California’s Governor Jerry Brown announced that the state minimum wage was increasing to $15 per hour by 2022, the Governor of New York, Andrew Cuomo held a press conference to announce that the Big Apple was following suit. This is great news for the 8.8 million workers in CA and NY who can expect their current wages to rise over the next couple of years—a movement that’s long overdue since the fast food worker strikes in 2012. How will this impact the perception of workplace earnings and will other states push for increased minimum wages now?

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  • 3 Things You Need to Know about the New FLSA Overtime Rules

    Header_FLSA_Overtime_Main Kate Jesse, Payroll Administrator, PayScale and Mykkah Herner, MA, CCP, Modern Compensation Evangelist, PayScale

    The US Dept. of Labor released the final new rules on Fair Labor Standards Act (FLSA) overtime standards today. The much anticipated ruling has been a buzz amongst HR professionals since the draft was released almost a year ago. While many of us have been talking about it behind closed doors, now that the ruling is official, it’s making a much more public splash on the Today Show and NPR, to name a few. In many cases, employees are learning about the ruling from the media first. Given that, we’ve put together the cliff notes version of the ruling, as well as what to look out for as you begin to ensure compliance* in your organization.

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  • Compensation Round-Up: Fitbits, Chobani, and the Comp Chasm

    Blog_Header9.29_MainJade Makana, Director of Content Marketing, B2B

    Welcome to the Compensation Roundup, where we bring to you the hottest news in comp! Sample what’s happening in compensation right now, get in the know and grab some conversation starters. This week's topics: A Boom in Benefits, Chobani’s Cup Runneth over, and the Comp Chasm. Let’s dive in.

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  • Why HR Needs More Tech Budget

    Header_HRTechBudget_MainBy Kari Van Hoof, CCP, PayScale Compensation Professional

    Technology has muscled its way into all aspects of our lives and in many cases—regardless of profession, is fundamentally changing the way we do our work. Since HR plays a pivotal role in helping to attract, develop and retain the right people to drive organizations forward, it’s essential that HR use technology to do their work better. The good news is there are lots of choices on the market today when it comes to human resources technology. The not-so-good news is that all those choices cost money. Here are three reasons HR should spend more on HR tech.

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  • Don't Miss this Summer's Hottest Compensation Events

    Header_SummersHottestEvents_MainTess C. Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger

    The summer months are just about to kick off and with the warmer weather comes new and exciting industry events. Each year, hundreds of thousands of organizational leaders, human resource practitioners, and compensation managers head for conferences and expos to learn about the latest in technology, best practices, and legal updates. To make sure you know about these happenings, be sure to grab your calendar and start making plans to attend this summer’s hottest compensation events!

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  • Pay Fairly All Year Long

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  • How to Talk the Talk: Why Learning how to Speak like a Comp Pro can Benefit You

    Header_TalkTheTalk_Main-1Tess C. Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger

    “You’re not from around here, are you?” This is what this New York girl heard from the natives for 16 years while living in the Southeastern USA. It seemed though as much as I tried to take on the smooth relaxed speech of the small town in which I lived, I could never completely “talk the talk”. Then, when I entered the world of software development, I felt like an even bigger fish out of water. As an HR pro, you may be experiencing this as you try your best to communicate like the compensation pros.

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  • PayScale and MarketPay Team Up

    blog_MP_PS_mergePayScale

    Exciting News! PayScale announced it will merge with MarketPay!
    MarketPay, based in Denver, has a unique and powerful suite of applications that offer technology-enabled services for managing multiple sources of compensation survey data to price talent markets. PayScale will incorporate MarketPay’s advanced data management and market pricing applications for large organizations into its line of innovative compensation solutions. Additionally, PayScale will continue to provide support for MarketPay’s On-Line Market Pricing System—utilized by 650 enterprise customers including 200 of the Fortune 1000. PayScale will now have more than 5,000 customers, managing pay decisions for ten million employees at small, medium and large organizations in almost every industry.

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  • Companies Use Pay Alternatives to Keep Employees Around

    Header_PayAlternatives_MainTess C. Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger

    It always seems as if one company tries to be progressive in terms of it’s compensation strategy, it shakes things up for the rest of the business world. One such company is Twitter. Twitter recently announced that it would be releasing previously unreleased stock shares to the employee pool. This comes on the heels of somewhat stagnant growth and the company’s efforts to retain key employees with generous bonuses.

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  • Focus on Job Descriptions to Eliminate Costly Employment Discrimination Lawsuits

    Header_JobDescription_MainJason Shinn, Employment Attorney, PayScale Guest Blogger

    How much attention does your company give to developing job descriptions? And what happens if managers come up with job descriptions that are inaccurate or incomplete?

    These issues recently took center stage in a lawsuit involving a claim under the Americans with Disabilities Act and it did not end well for the employer.

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  • Equality, Diversity, and the Gender Pay Gap in Tech: 5 Suggestions to Help You Pay Fairly

    Header_Mistakes_MainBy Sonnet Lauberth, PayScale Compensation Professional,

    As a Compensation Professional, I work with a variety of companies in the technology industry. One of the biggest concerns I consistently hear from my clients is the struggle with attracting and retaining top talent. It’s no surprise that increasing demand combined with the talent shortage in tech is making competition fierce.

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  • Equal Pay Day 2016

    Header_EqualPay_Main Mykkah Herner, MA, CCP, Modern Compensation Evangelist, PayScale

    Happy Equal Pay Day
    It feels odd wishing someone a happy equal pay day. Happy? Equal Pay Day is the day at which women’s wages on the whole catch up to that of men’s wages from the prior year. It’s calculated using the figures about how many cents on the dollar women earn vs men, 78¢. This day has been gaining in visibility over the past couple decades since it began in 1996.

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  • Modern Comp Practices for Traditional Companies

    Header_ModernComp_MainBy Kari Van Hoof, CCP, PayScale Compensation Professional

    At PayScale, we strive to help all kinds of organizations embrace modern compensation practices to engage their workforce and drive results. Even employers that think of themselves as more “traditional” than “modern” can take a few steps in this direction, and the good news is that you don’t necessarily have to spend a lot of money or change your entire culture to do it. Check out these modern comp practices that any organization can adopt and why they matter.

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  • Get More from Performance Reviews—Use Metrics to Link Pay

    Header_LinkPayToReview_MainTess C. Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger

    Old methods of measuring performance once a year just don't work anymore. They’re cumbersome and only focus on recent performance goals. But, when performance reviews are directly linked to meaningful and simple pay or performance policies in force year-round, they have a greater impact on the organization. Take a look at some best practices for linking pay for performance during employee reviews.

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  • How Compensation Impacts Your Business

    Header_Comp_Impacts_Biz_Main Hedge Stahm, Marketing Segment Manager, PayScale

    Human capital is a company’s most important asset. It’s also typically the largest operating expense, and thus can have a major impact on profitability and overall success. To keep employees engaged and productive, companies must compensate them appropriately—without overpaying them and running the risk of eroding the bottom line.

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  • Fresh News! The PayScale Content Center has been revamped.

    Header_UberFlip_MainJade Makana, Director of Content Marketing, B2B

    Hi readers,

    You may have noticed something a little different the last time you visited the content section of the PayScale website. I am excited to announce we have rolled out a brand new version of our content center, known as the Modern Compensation Hub. Go check out the Modern Compensation Hub if you haven’t already: hub.payscale.com. Don’t forget to bookmark it!

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  • Facebook Fail: The Social Media Recruiting Laws You're Probably Violating

    Header_SocialMedia_MainJason Shinn, Employment Attorney, PayScale Guest Blogger

    Many companies routinely turn to social media to find and screen job applicants as part of the hiring process. But to reduce the potential for job bias, HR managers need to plan how and when social media will be used in the hiring process, as well as understand how such information should be retained.

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  • Regulatory Compliance Dictates HR Best Practices

    Header_Compliance_MainTess C. Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger

    This year, we’ve seen a number of new government rules surrounding pay equity and salary transparency developing. This puts a strain on human resource compensation managers and how they must adapt compensation policies. How well HR can keep up with these changes will dictate the future of compensation planning across all organizations.

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  • A Magically Delicious Comp Strategy

    Header_StPattys_Main Mykkah Herner, MA, CCP, Modern Compensation Evangelist, PayScale

    Saint Paddy’s day has many in the mood for parades, green beer, and donning shamrocks. But for me, well, I’m ready for a big ‘ol bowl of Lucky Charms, in honor of their 52nd birthday. I remember fondly the year they added purple horseshoes. That was the first year I realized that things could change. Not just any old things like presidents and countries, but important and established things like pink hearts, orange stars, yellow moons, green clovers and blue diamonds. In fact, the only marbit (the official name for the marshmallow charms) that remains from the original cereal in 1964 is the pink heart. Like Lucky Charms, compensation needs to stay fresh.
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  • The Key Ingredients for a Delectable Comp Plan

    Header_Pi_Main Rita Patterson, Onboarding Manager, PayScale

    Putting together a compensation plan that leaves everyone delighted can be a lot like baking up a perfect piece of pie. You’ll need to put together the right ingredients in the right order, and have a bit of patience to make sure everything’s coming together in the oven.
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