Compensation Trends for Comp Professionals

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?

The legislative lowdown: November-December 2024

While pay transparency updates have been quiet on the nights before Christmas, here are a few compensation-related stocking stuffers for you.

Market price faster with new solutions in MarketPay

The rising demands of salary increases, inflation, tightening budgets, and evolving pay transparency legislation make efficient compensation management even more crucial.

New research finds profit sharing increases employee retention and engagement

New research published in the International Review of Applied Economics shows that profit sharing as a statistically significant impact on job satisfaction among employees who participate, suggesting it is a strong incentive for keeping employees engaged and productive.

Overtime overreach? Court says “Not so fast” to Department of Labor’s rule

The court ruled that the DOL exceeded its authority in prioritizing salary levels over job duties when determining exemptions under the Fair Labor Standards Act (FLSA).

How the 2024 election results will impact employment-related legislation

Here are our predictions for how the next four years could play out for employment-related legislation.

The legislative lowdown: September-October 2024

Pay transparency legislation does not seem to be slowing down as 2024 continues. Below is a round-up of recent legislative updates that took place in September-October

2025 Compensation Best Practices Survey now open for participation

The 2025 edition promises fresh and diverse insights, as we gather survey responses from HR leaders, compensation professionals, and anyone overseeing compensation within organizations.

Streamline survey season and strengthen your results with Payscale

Survey season is upon us, and for compensation professionals, that means navigating the complex lifecycle of managing salary surveys.

The legislative lowdown: August 2024

Pay transparency legislation does not seem to be slowing down as 2024 continues. Below is a round-up of recent legislative updates that took place in August

A new Surveys Experience in Payfactors — just in time for survey season

While dynamic data sources have gained popularity more recently, the CBPR shows that salary survey data from traditional publishers still represent the most popular and most trusted source, year after year.

Q&A: 10 questions to help you use the salary budget survey

We’ve captured 10 key questions and answers you can use to help you put the survey to use.

Compensation trends: Modern perspectives on pay

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