Compensation trends:
Modern perspectives on pay

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

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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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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.
Articles

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.
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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 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,...
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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...
Articles

How to create a compensation strategy for remote work

Payscale recently released research on the State of Remote Work in 2021 finds that 81 percent of organizations don’t have a compensation strategy for remote work. That’s concerning. Remote work has upended traditional workplace dynamics and employees have been vocal that they don’t want to return to business as usual when the...
Articles

Two Ways to Improve Retention: From Flight Risk Jobs to Business Goals

We talk a lot about uncertainty, especially when it comes to keeping, motivating, rewarding, and attracting an increasingly mobile workforce. PayScale’s 2017 Compensation Best Practices Report found that 56 percent of employers consider retention a major concern. With such a mobile workforce, organizations are exploring many options to keep their best people,...