Compensation trends:
Modern perspectives on pay

Our latest insights on compensation management, data trends, best practices, new research, and tools.

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Comp 101: a beginner’s guide to compensation management

It’s up to HR and compensation professionals to put seven basic compensation principles in place to facilitate successful compensation programs built on a solid approach.
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Payscale’s Compensation Best Practices Survey for 2023 is now open for participation

The Compensation Best Practices Survey informs our compensation best practices report (CBPR) and is now open for participation through December.
Articles

Compensation fundamentals and best practices for the future

How a solid strategy, data, and processes can prepare your organization for the resiliency required to meet today’s top comp challenges.
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What Is the Employee Retention Credit For 2022?

The Employee Retention Tax Credit is a refundable payroll tax credit, designed to encourage employers whose companies were disrupted by COVID-19 restrictions to retain employees, and keep them on the payroll and collecting paychecks through the downturn in business.
Articles

Payscale Debuts New Payfactors Platform

Payscale launches new Payfactors platform, driving faster access to market data with tools to improve fair pay practices in scalable technology to make compensation accessible to companies of all sizes.
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Let’s talk about fair pay

Pay conversations are a vital driving force in creating fair pay for everyone, however, both employee and employer still struggle to have these conversations confidently. Organizations need data and technology to take the steps needed to establish effective pay strategies and structures while building in pay transparency and fair pay initiatives. Taking...
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Payscale customers share their compensation best practices and results

Anyone who has navigated from manual compensation planning to specialist technology knows that it involves some change management, leadership support and a little finesse—but the outcomes are well worth the effort. So, how do you make the move from where you are now to where you want to be? We asked three...
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Tips for training managers on how to discuss pay with employees

Although compensation has always been key to attracting and retaining top talent, how that compensation was determined was a mystery to most. Managers were simply messengers, charged with telling their employees what their new salary was, all without knowing how those numbers were actually reached. They couldn’t answer employee questions, much less...
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The time is now to uplevel your compensation strategy

Your compensation strategy is critical to attracting and retaining the best talent. But, no matter how well that strategy is working today, it’s important to remember that it’s not a “once and done” function. To be relevant and effective, your approach to compensation has to evolve over time, as your company grows...
Articles

4 predictions on the future of compensation

As anyone in compensation knows: the times are rapidly changing. The aftermath of the COVID-19 pandemic, the rise of the remote workforce, and a highly competitive hiring environment are prompting organizations to re-evaluate their compensation strategies today, and plan their approach for the future. What will that future look like? We asked...
Articles

According to CBPR, 2022 Pay Increases Likely Won’t Be Enough to Stem Turnover

Payscale’s annual Compensation Best Practices Report is now available for download and the insights are informative and important, especially given the challenges of the current labor market and the urgency with which organizations are approaching 2022 pay increases.
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 this year. Wages are looking to go up in 2022,...