Compensation planning and administration can be an odyssey. Traversing your way through the trials and tribulations of benchmarking jobs, analyzing market data, and building then communicating a compensation structure can feel like quite the expedition.
In the years that I’ve …
A recent NY Times article addressed a question on the subject of feeling short changed by a pay raise that went hand in hand with a promotion. In this article, the questioner remarks that their friend has been recently promoted …
Herner, MA, CCP, Compensation
Consultant at PayScale.com
Benchmarking is Serious Business
The job of benchmarking positions is very serious business. I
always want to make sure I get the best and most relevant information about
every position in a …
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, …