Compensation trends:
Modern perspectives on pay

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

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Pay transparency increases retention by 30 percent or more, according to new research

Recently released research from Payscale finds that pay transparency is correlated with decreased likelihood that employees will seek a new job. These results should be a relief to organizations grappling with the potential consequences of pay transparency. However, there are some caveats.
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The top insights from Payscale’s 2023 Compensation Best Practices Report (CBPR)

Every part of this year’s Compensation Best Practices Report (CBPR) is fascinating, but to get you excited about digging into it, we have included some of the top findings here for you to digest. Here are some of the big themes for 2023.
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Key Insights from the 2023 CBPR Europe Edition

The 2023 CBPR: Europe Edition is a valuable resource that analyzes the data so that companies can gain valuable insights into current compensation trends and make informed decisions about how to adjust their own compensation strategies in the coming months.
Articles

How to use skills to price jobs

As your business grows, so does the need for hiring and retaining talent. With the diverse ways in which we get work done today (remotely, in-person, or a hybrid of the two), and the skills that have become in-demand in recent years—your organization needs near real-time skills and location data to get...
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Inflation, recession, layoffs… pay compression, pay equity, pay transparency – oh my! What’s in store for comp managers in 2023

Going into 2023, many organizations are worried about the economy as news of a coming recession has dominated the news and layoffs have been all over social media feeds, especially LinkedIn. But the concern of a recession has caveats, especially where the labor market is concerned — and that has implications for...
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A look back at compensation trends in 2022 and predictions for 2023

For compensation practitioners, Q1 is a busy time where you are deep into end-of-year compensation review planning for execution of pay increases in the new year. But here are a few thoughts around what might need to be on your agenda for 2023.
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The CEO’s guide to compensation best practices and investment for 2023 in a shifting economy

Learn why compensation management should be among the top concerns for CEOs heading into 2023 and why pay transparency can rapidly improve your employer brand to attract and retain top talent in an uncertain economic climate.
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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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Compensation Best Practices Survey 2023: Participate now!

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.
Articles

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.