Using a Job Architecture to Navigate Workforce Challenges

23 answers about compensation analytics and the ROI of turnover

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/b2b/header_roi_turnover.png" alt="header_ROI_Turnover"><p>Mykkah Herner, M.A., CCP, PayScale </p><p>PayScale recently hosted a wildly popular webinar entitled Compensation Analytics: The ROI of Turnover, presented by me, Mykkah Herner. If you missed the webinar, you are welcome to <a href="http://www.slideshare.net/Payscale/comp-analytics091613" title=" class=" target=" rel="noopener">view the slides</a> from the presentation. Since this is a topic of interest to so many of our Compensation Today readers, we're posting my answers to many of the questions received after this webinar here.</p>

Autocrat, Democrat, or Servant: What's your leadership style?

<img src="http://www.payscale.com/cms-images/default-source/b2b/blogheader8_27-2.jpg?sfvrsn=3" alt="What kind of leader are you image" title="BlogHeader8_27-2" sfref="[images]04d2059b-def5-6347-a9d2-ff00007054ad"><p><a href="https://plus.google.com/115301125688955669806? rel=author">Crystal Spraggins,</a>&nbsp;SPHR </p><p><p>Every leader has a leadership style. And leadership styles have consequences.</p> <p>According to PayScale’s <a href="https://resources.payscale.com/hr-2014-compensation-practices-report.html">2014 Compensation Best Practices</a> report, most employees leave their jobs for “personal reasons” or for higher pay.&nbsp;Pay is important, of course. Despite how much we may like our jobs, if our employers couldn’t pay us, we’d likely quit.</p>

Employee Retention Tips for Managers

How to Conduct a Compensation Analysis and Move Salary Ranges

<h1 class="subhead"><a href="http://blogs.payscale.com/compensation/2009/11/how-to-conduct-a-compensation-analysis.html" style="float: left"><img alt="How to Conduct Compensation Analysis" border="0" class="asset asset-image at-xid-6a00d8341bf85853ef0120a6bdc1f0970b " src="http://www.payscale.com/content/blog/images/a6a00d8341bf85853ef0120a6bdc1f0970b-800wi.png" style="margin: 0px 5px 5px 0px" title="How to Conduct Compensation Analysis" /></a> How to Conduct a Compensation Analysis and Move Salary Ranges</h1> <p>In a previous post we reviewed why performing compensation analytics can provide value to an organization. In this next post on compensation analytics, we’ll look at how it is used to review salary ranges.</p> <p>At many companies, the assumed answer to the question, “Do our compensation ranges need adjustment?” is usually, “Yes.” Compensation ranges are often adjusted every year to match industry trends and economic ups and downs.&#160; But, is it really smart planning to assume that you need to adjust your salary ranges every year – no matter what? I suggest that a key to long-term success is stepping back and having a conversation as a company about, “Do we need to move our salary ranges this year?”</p>

How to Pay Remote Workers: Lessons from Our 2020 Remote Work Report

Building Salary Ranges for Beginners, Part 2

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/blogheader8-5-v2.jpg?Status=Temp&amp;sfvrsn=2" alt="BlogHeader8-5-v2" />By&nbsp;Jenni Marquez, CCP, PayScale Compensation Professional</p><p>In our never-ending quest to keep human resource and compensation managers informed and educated about compensation best practices, here is our second part in our two-part series on <a href="https://www.payscale.com/compensation-trends/building-salary-ranges-for-beginners-part-1" title=" class=" target=" rel="noopener">Building Salary Ranges for Beginners</a>. Enjoy!