Comp Quick Guide: Pay transparency and communications

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December 4, 2012

CFO Corner: The 2013 Meaning Of Unemployment

<div> <a class="asset-img-link" href="https://www.payscale.com/content/blog/images/a6a00d8341bf85853ef017c3446cb5d970b-pi.png" style="display: inline;"><img alt="Header_Unemploymen" border="0" class="asset asset-image at-xid-6a00d8341bf85853ef017c3446cb5d970b image-full" src="http://www.payscale.com/content/blog/images/a6a00d8341bf85853ef017c3446cb5d970b-800wi.png" title="Header_Unemploymen" /></a><br /><strong>By <a href="http://jackalopejobs.com/">Sudy Bharadwaj</a></strong></div> <div> <p>Although President Barack Obama has been re-elected, our country continues to be divided amid our economic recovery and job growth. With a 7.9 percent unemployment rate in October, Obama is tackling the highest jobless rate of any president in the postwar era.</p> <p>However, things do seem to be looking up in the 2013 unemployment forecast. The <a href="http://www.bls.gov/news.release/empsit.nr0.htm">Labor Department</a> recently reported the nation added 171,000 positions on net in October, with more jobs than initially estimated in August and September. According to the <a href="http://www.nytimes.com/2012/11/03/business/economy/us-added-171000-jobs-in-october.html?_r=1&">New York Times</a>, economists are hopeful that post-election policies in Congress will address fiscal tightening that may increase job and output growth.</p> </div>

January 30, 2010

Employee Competency Checklist

<h1 class="subhead"><a href="http://blogs.payscale.com/compensation/2010/01/employee-competency-checklist.html" style="FLOAT: left"><img alt="employee" border="0" checklist="checklist" competency="competency" src="http://www.payscale.com/content/employee-competency-checklist-01.jpg" style="MARGIN: 0px 5px 5px 0px" /></a>Employee Core Competencies - A Proven Tool for an Organization's Success</h1> <p>“Hi, you got a minute?” It’s your fourth interruption this morning. It’s Sally, the Operations Manager. You know when she says, “Do you have a minute?” it usually means, “Do you have a half hour?” She comes in and sits down in your guest chair and you figure that you can spare a half hour before your next meeting. You’ve been the HR manager for your company now for five years so you can tell that Sally really needs to talk to you and it’s about one of her employees. You can probably guess which one, but you let her tell you. </p> <p></p> <p></p>

August 27, 2010

Writing an Employee Termination Letter

<h1 class="subhead">Writing an Employee Termination Letter: How Much to Include? Q&A</h1> <p><em>Find out the pros and cons of putting your termination reasons in a written employee termination letter.</em><br /><br /> <strong>Q:</strong> We want to provide employees who are terminated with a brief employee termination letter explaining our reasoning and informing them about administrative issues like COBRA and returning office keys. How much detail should be included about the reason for termination?</p>

August 5, 2009

Non-Monetary Compensation

<h1 class="subhead"><a href="http://blogs.payscale.com/compensation/2009/08/non-monetary-compensation.html" style="float: left"><img alt="Non-Monetary Compensation" border="0" class="at-xid-6a00d8341bf85853ef0120a547dc8b970c " src="http://www.payscale.com/content/blog/images/a6a00d8341bf85853ef0120a547dc8b970c-800wi.png" style="margin: 0px 5px 5px 0px" title="Non-Monetary Compensation" /></a> Non-Monetary Compensation and the Essentials of Developing a Total Compensation Policy</h1><p>They say cash is king, but in today’s economy employees know that there is more to the story than cash alone. Today’s job seekers and your employees have become more savvy about non-monetary compensation. And there is a good reason they are paying attention to it. </p>Good health insurance and a generous retirement plan benefits are becoming more and more elusive. Employers who offer these non-cash rewards stand out among their peers.

July 10, 2015

How to Create a Merit Matrix in 5 Steps

<img src="http://www.payscale.com/cms-images/default-source/Blogs/blogheader7_22.jpg?sfvrsn=0" title="BlogHeader7_22"><p>By Jenni Marquez, CCP, PayScale Compensation Professional</p>Most companies today are actively working to develop a pay-for-performance culture. As an HR Professional, how can you position yourself as a strategic partner to your executive team and help them achieve this goal? One way is through use of a merit matrix.

August 8, 2015

How to Negotiate a Compensation Package for a New Hire

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/Blogs/blogheader7_29.jpg?Status=Temp&sfvrsn=2" alt="BlogHeader7_29" /><a href="http://www.hr-writer.com/" title=" target=" rel="noopener">Tess C. Taylor, PHR, SHRM-CP, PayScale Senior Blogger</a><p>Hiring great people starts with offering them a competitive work culture and compensation package. PayScale’s <a href="https://resources.payscale.com/hr-2015-compensation-practices-report.html?_ga=1.85339417.1064815136.1433958129" title=" class=" target=" rel="noopener">2015 Compensation Best Practices Report</a> revealed that a top concern for companies is attracting and retaining the best talent. However, the way any human resource manager handles compensation negotiations must be carefully balanced with other factors.</p>