Compensation trends:
Modern perspectives on pay

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

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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?
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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

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.
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

Quiet quitting isn’t what you think (and how employers should handle it)

If you believe quiet quitting is laziness or a desire to be unproductive, you’re wrong. Quiet quitting is a reaction to burnout and a lack of reward for hustle — and it’s within your power to fix.
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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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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

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

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 had an enormous appetite for labor coming out of the economic stagnation of 2020, and such a...
Articles

Pay increases: Top concern 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,...
Articles

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...