Compensation trends:
Modern perspectives on pay

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

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Millions of workers to receive another mandatory pay increases on January 1

Beginning January 1, 2025, 21 states will increase their minimum wage yet again. What do you need to do to comply with the law?
Articles

Labor market update: The 2024-2025 Salary Budget Survey (SBS) is now open for participation

Want to know what other organizations are budgeting for 2025 pay increases? Payscale’s Salary Budget Survey (SBS) is open for participation now through the end of June.
Articles

Payscale’s 2023 End-of-Year Report explains the job market and the hottest jobs requiring pay adjustments in 2024

In 2023, the job market has reversed from the hiring bonanza of two years ago, at least for corporate positions, but we’re not precisely in an economic downturn. How does this shift impact talent strategy, compensation management, and employer branding going into 2024?
Articles

Payscale’s 2024 Compensation Best Practices Survey is Open for Participation!

Payscale’s annual Compensation Best Practices Repot (CBPR) is the largest research report dedicated to compensation management best practices and trends. The 2024 survey is now open for participation.
Articles

Market update: Take Payscale’s Salary Budget Survey (SBS) to learn what you should be planning for pay increases

Interested in how HR leaders and compensation professionals are budgeting for 2024 pay increases? Payscale’s Salary Budget Survey (SBS) is open for participation now through the end of June.
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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

What causes pay compression and how can you address it?

What causes pay compression and how can you address it? Pay compression happens when pay is increased for some employees — especially new hires due to changing labor costs — without being increased for everyone. Here we present fix strategies to address pay compression at your organization.
Articles

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...
Articles

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.
Articles

Market Dynamics Influencing Compensation Planning

Inflation is at its highest annual rate in over 40 years. The rising cost of living layered with an increase in competition for labor has created extraordinary challenges for organizations to pay fairly and competitively.
Articles

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.