The business case for pay grades over individual ranges is clear.
Switching to pay grades reduces administrative burden, facilitates internal
alignment and makes it easier to set salaries for jobs that lack market
benchmarks. PayScale’s new eBook “Bring Back the …
Mykkah Herner, MA, CCP
Compensation Consultant at PayScale
When benchmarking positions, it’s easy to get tongue-tied
over the terms percentage and percentile. Percentiles are admittedly confusing.
People generally understand that market pay breaks out at the 10th
through 90th percentiles, …
Yahoo CEO Marissa Mayer recently
brought in Jacqueline
Reses as a new EVP. A veteran of private equity firms, high tech and Goldman Sachs, Reses is as
high-powered an executive as you can find. What does Yahoo plan …
The marketing team at PayScale today released “Bring Back
the Sizzle: PayScale’s Guide to Comp Plans That Get Workers Fired Up (in a good
way).” This educational and fun eBook is a great way for HR professionals to
learn how …
Psst… check out this post for more information on employee turnover.
Employee Turnover Rates
Employee turnover is driven by many factors including inadequate compensation, lack of employee engagement, poor job fit, etc. Whatever the cause, you can easily calculate your …
this economy, pricing jobs according to market data is crucial to attracting and
retaining talent, and these hot new jobs, identified by PayScale, prove the
truth of that. If you were pricing these new and highly specialized jobs
Spend It Wisely
Raises are back and in a big way.
After years of stagnant salary growth, The PayScale Index shows that wages are growing across the economy.
If you haven’t already started discussing whether or not to …
Trust Makes the World
What’s the secret sauce in the recipe for business success?
It’s trust, according to recent research from Interaction Associates and the Human Captial Institute. The research found
that companies with collaborative cultures and trust …
When it comes to compensation, it’s tough to beat the high
tech industry, but the industry doesn’t manage their human capital with salary
alone. As new research by PayScale reveals, attracting and retaining technology
staff takes more than just …