Compensation trends: Modern perspectives on pay

Top 5 Insights from Last Year’s CBPR (plus take the new survey!)

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/b2b/header_cbpr2015_main.png" alt="header_CBPR2015_Main" />Jade Makana, Director of Content Marketing, B2B<p>For those who don’t know, every year PayScale produces the <b>Compensation Best Practices Report</b>. This report is based on a survey administered to 100,000 human resources professionals and business executives, asking them their point of view on the biggest topics in human resources and compensation: everything from minimum wage and managing millennials, to recommending your favorite HRIS and payroll software. Last year, we got over 5,000 responses.</p>

‘Tis the Season for Rising Health Care Costs – Managing Total Compensation Changes

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/b2b/header_risinghealthcare_main.png" alt="Header_RisingHealthCare_Main" /><a href="http://www.hr-writer.com/" title=" target=" rel="noopener">Tess C. Taylor, PHR, SHRM-CP, PayScale Senior Blogger</a><br><br>While everyone is out doing their holiday shopping and headed for parties, there’s an undercurrent of change coming that will affect nearly every American in 2016. <a href="https://www.payscale.com/compensation-trends/wages-are-up-but-some-employers-are-not-thrilled" title=" class=" target=" rel="noopener">Wages are up</a> according to the most recent <a href="https://www.payscale.com/payscale-index/" title=" class=" target=" rel="noopener">PayScale Wage Index</a> findings, but these wages are going to have to be stretched even further because of rising health care costs. How will employers manage their total compensation strategy for the coming year in order to remain competitive?

I’ll Be There for You: What “Friends” Taught Us About Salary Negotiations

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/header_friends_main.png" alt="Header_Friends_Main" /><b><a href="https://www.linkedin.com/in/joleenoerman">Joleen Oerman, B2B Content Marketing Specialist, PayScale</a></b><p><span style="line-height: 1.5">We’ve ‘been on a break’ from the popular television show Friends for eleven years, but the cast’s high salary and equal pay for equal work demand is relevant today. When our favorite friends walked out of Central Perk and into the network’s offices in 2002, their demand for higher pay for all was as unheard of as moving from New York to Yemen. The demand turned heads in the entertainment industry. The unswayable six, huddled together as they did before every show and played hardball with the network. They were irreplaceable, so their demand was undeniable.

PayScale's Compensation Glossary: Part 4 of 4

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/header_comp101_main.png" alt="Header_Comp101_Main" /> <b>Jenni Marquez, CCP, PayScale Compensation Professional</b><br>Let’s review. So far, we’ve given you the cliff notes for Comp 101, Market Pricing, and Pay Structures. Today we bring you (drum-roll please), your final exam! Just kidding. There is no test, but we do have our final list of terms for you. For our 4th and final lesson, we present: Pay Concerns and Pay Raises.

PayScale's Compensation Glossary: Part 4 of 4

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/header_comp101_main.png" alt="Header_Comp101_Main" /> <b>Jenni Marquez, CCP, PayScale Compensation Professional</b><br>Let’s review. So far, we’ve given you the cliff notes for Comp 101, Market Pricing, and Pay Structures. Today we bring you (drum-roll please), your final exam! Just kidding. There is no test, but we do have our final list of terms for you. For our 4th and final lesson, we present: Pay Concerns and Pay Raises.

PayScale`s Compensation Glossary: Part 3 of 4

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/header_comp101_main.png" alt="Header_Comp101_Main" /> <strong>Jenni Marquez, CCP, PayScale Compensation Professional</strong></p><p>Wow! Can you believe it that we’re half way through our 4-Part Comp Glossary bringing you closer to ‘comp’lete mastery of the compensation language?! In part 3, we bring to you: Pay Structures.

PayScale`s Compensation Glossary: Part 3 of 4

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/header_comp101_main.png" alt="Header_Comp101_Main" /> <strong>Jenni Marquez, CCP, PayScale Compensation Professional</strong></p><p>Wow! Can you believe it that we’re half way through our 4-Part Comp Glossary bringing you closer to ‘comp’lete mastery of the compensation language?! In part 3, we bring to you: Pay Structures.

Compensation Round-Up: JLaw’s Gender Wage Gap, Transparency, and RIP Annual Raises

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/blog_header9-29_main.png" alt="Blog_Header9.29_Main" /> <a href="https://www.linkedin.com/in/joleenoerman">Joleen Oerman, B2B Content Marketing Specialist, PayScale</a></span></p><p>Welcome to the Compensation Roundup, where we bring to you the hottest news in comp! Sample what’s happening in compensation right now, get in the know and grab some conversation starters. This week's topics: JLaw’s Gender Wage Gap, Transparency, and RIP Annual Raises.</p>

Trouble Brewing: When the Compensation Strategy isn't Working Anymore

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/header_whencompstrategyisntworking.jpg" alt="header_WhenCompStrategyIsntWorking" /><a href="http://www.hr-writer.com/" title=" target=" rel="noopener">Tess C. Taylor, PHR, SHRM-CP, PayScale Senior Blogger</a><br><br>Just because your organization has an established compensation plan doesn’t mean it’s working well anymore. It’s very possible that trouble may be brewing. The signs may be subtle at first, but the problems will only build until the entire thing breaks down. Now, I don’t want to scare you, but I do want to educate you on some of the symptoms of a compensation strategy that’s about to fail.

Salary Terms every Compensation Manager Needs to Know

<p><img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/header_comp101_main.png" alt="Header_Comp101_Main" /> <b>Jenni Marquez, CCP, PayScale Compensation Professional</b></p><br>Even the most seasoned HR professional might take a big gulp if approached by their CEO to take charge of anything comp. That’s because, despite being part of the HR department, compensation is like the cool kid at a party. You know, the one you’re afraid to talk to. A bit mysterious, intriguing, and frankly, just seems way out of your league. Comp has its own language. Sure, you’ve heard some terms before, but you have no idea what they mean so you try to avoid the conversation altogether. Not to worry! PayScale has you covered in our new, 4-part Comp Glossary. You’ll be ‘comp’letely fluent in no time.

Salary Terms every Compensation Manager Needs to Know

<p><img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/header_comp101_main.png" alt="Header_Comp101_Main" /> <b>Jenni Marquez, CCP, PayScale Compensation Professional</b></p><br>Even the most seasoned HR professional might take a big gulp if approached by their CEO to take charge of anything comp. That’s because, despite being part of the HR department, compensation is like the cool kid at a party. You know, the one you’re afraid to talk to. A bit mysterious, intriguing, and frankly, just seems way out of your league. Comp has its own language. Sure, you’ve heard some terms before, but you have no idea what they mean so you try to avoid the conversation altogether. Not to worry! PayScale has you covered in our new, 4-part Comp Glossary. You’ll be ‘comp’letely fluent in no time.

3 Common Types of Pay Compression