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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Pareto analysis explained: How to use the 80/20 rule

The Pareto analysis is a tool to identify and target top-priority problems in businesses & organizations. Discover how to boost efficiency with the 80/20 rule!
Articles

Stipend pay: What is it, types, and how does it work

A stipend is a fixed amount paid by companies and organizations to cover specific expenses. Discover how stipends can benefit professionals and company culture.
Articles

Shift differential pay: What is it and how to calculate it

Shift differential is extra compensation for employees who work less desirable shifts. Learn how to use shift differential pay to increase business productivity.
Articles

The gender pay gap is real and meaningful, and it’s starting to close in 2023 — but there is still work to be done

Not everyone understands gender pay gap research, why it is meaningful, or what should be done about it. Every year, we get questions about gender pay gap research, such as whether the gender pay gap is real or made up to suit a political purpose. So, let's talk about it.
Articles

Why we need to #EmbraceEquity this International Women’s Day (IWD)

#EmbraceEquity is the theme for this year’s International Women’s Day. Here at Payscale, we’re thinking about this year’s theme in terms of work -- how can we embrace equity across talent practices?
Articles

EU commission agrees on pay transparency rules

While Europe and the UK have required gender pay gap reporting for quite some time, there have not been any rules forcing employers to be quite as forthcoming as the pay transparency laws in the U.S. do.
Articles

5 Key Steps Towards Sustainable Pay Equity

Pay equity matters more than ever and must be managed continuously. Gone are the days where pay equity was an annual project to measure pay gaps between employees.
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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...
Articles

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.
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

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.