Comp quick guide: Responding to employee reactions to pay transparency

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March 29, 2016

How Compensation Impacts Your Business

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/b2b/header_comp_impacts_biz_main.png" alt="Header_Comp_Impacts_Biz_Main" /> Hedge Stahm, Marketing Segment Manager, PayScale</p><p>Human capital is a company’s most important asset. It’s also typically the largest operating expense, and thus can have a major impact on profitability and overall success. To keep employees engaged and productive, companies must compensate them appropriately—without overpaying them and running the risk of eroding the bottom line.

April 8, 2011

Salary by Location

<h1 class="subhead">Why Geographic Differentials Don’t Work</h1> <p>For years compensation professionals have used geographic differentials to make decisions about what to pay jobs in locations where they may not have salary data. The theory stands that if you don’t have data for one location, you can use data from another location and adjust it based on the cost of labor in the two cities. While this may be a better option than making decisions without any data on salary by location – it’s not much better.</p>

October 3, 2015

Compensation Round-Up: Love, Lies, and a Game of Horse

<img width="610" height="175" src="http://www.payscale.com/cms-images/default-source/b2b/blog_header9-29_main.png" alt="Blog_Header9.29_Main" /><br><a href="https://www.linkedin.com/in/joleenoerman">Joleen Oerman, B2B Content Marketing Specialist, PayScale</a><br><br>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. <b>This week's topic: Loves, Lies and a Game of Horse.</b>

March 9, 2015

No more grumbling: Make performance reviews more productive

<p><img title="Grumbling" src="http://www.payscale.com/cms-images/default-source/b2b/grumbling.jpg?sfvrsn=0"> </p><p><a target="_blank" rel="author noopener" href="https://www.payscale.com/author/tess-c-taylor-phr-the-hr-writer">Tess C. Taylor, PHR, The HR Writer </a></p>Each year, managers focus on improving the core performance of their teams by evaluating the results of the previous year. This is often referred to as performance review season, and it’s a particularly stressful time for both employees and their managers—and for good reason.

November 3, 2015

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.

November 15, 2011

Comp Basic: Mean vs. Median

<h1 class="subhead">The Difference Between Mean and Median</h1> <p>Midpoint, market ratio, mean, median, merit bonus - I don’t know what it is with “m” words in compensation, but there are a lot of them and it can get confusing. Let’s try to simplify things by breaking down the difference between two commonly confused words: mean and median.</p>