Compensation trends:
Modern perspectives on pay

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The great resignation: What’s happening out there?

The great resignation, characterized by prolific job vacancies and increased employee separations, has demonstrated the growing leverage employees have to secure higher wages and better working conditions in a quickly recovering economy. Several sectors have h
Articles

Pay increases are a top concern for 2022 to attract and retain talent

Do you know what your employees really want for the holidays? Pay increases that reflect changes in the job market and economy. As the end of the year approaches, compensation planning for pay increases is always top of mind for employers — but especially
Articles

New hire forms to include

Whether you are hiring a single employee , or an entire department of staffers, presenting a branded and well-organized hiring packet can make your business shine. Hiring packet information, written into a comprehensive onboarding program or orientation progr
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Temporary employee laws: A guide to hiring contract roles

The labor market is a strange place right now. A shift towards unconventional work lives means that many employers and companies are in the midst of a total overhaul when it comes to thinking about their workforce. That said, temporary employment or a contract
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What to include in a termination letter: Template and examples

Handling involuntary termination is a likely occurrence for human resources managers and employers throughout the span of their career. While the termination process may be uncomfortable, it is an essential part of ensuring employees are provided with the inf
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Employee termination: How to properly release an employee

Just like in the hiring process, it’s essential that a company follows an employee termination process so terminated employees are provided the correct information, tools, and clarity they need to move forward beyond their time at your organization. In this
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What is incentive pay?

Incentive pay is a form of compensation employers choose to offer employees as a way to motivate high performance. In other words, incentive pay is separate from base salary in that it is designed to encourage—it is not a mandatory form of payment by th
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Pay-for-performance compensation: What is it and how it works

Pay-for-performance is a compensation model set by the employer. This payment structure is often utilized as an incentive. Incentivizing with performance-based pay is an effective tool to reach revenue goals, company growth metrics, and attract and maintain hi
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What are the laws of holiday pay?

Managing holidays can be a complex matter when figuring out paid time off, determining which holidays are included as vacation time, and how much focused work time you can expect around those key dates. Having a better understanding of holiday laws can help br
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Payscale Peer surpasses 5 million incumbents, and this is just the start

Peer is the industry’s only on-demand, employer reported data network, enabling organizations to access timely HRIS salary data segmented by industry, and delivered as a dynamic, map-based experience in Payfactors.
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Payscale’s 2022 Compensation Best Practices Survey is now open for participation

The largest survey dedication to compensation best practices (CBPR) is now open for participation through the end of December. This survey is appropriate for anyone who manages compensation...
Articles

Non-exempt vs. exempt employees: What’s the difference?

Exempt means exempt from overtime pay. Exempt status is determined by the Fair Labor Standards Act (FLSA) if the employee meets the criteria.