Compensation

How to Link Pay to Performance When You’ve Eliminated Reviews

Performance management is definitely undergoing a midlife crisis; it’s time for it to reinvent itself. For the past few HR and compensation conferences I’ve attended, the question has been heavy in the air: what are you doing about your performance process? Most agree that the processes are slow and cumbersome, out of date, ineffective, broken….

Selling Your Comp Plan the FAB Way

How are great salespeople able to seamlessly turn every one of your concerns into a demonstration of the prowess of their product? Are they really just that convincing or is there some type of method to their success? The best salespeople personalize every discussion. The trick is years of practicing a simple process…

Some Simple Steps “Traditional” Employers Can Take to Modernize Their Pay Practices

At PayScale, we strive to help all kinds of organizations embrace modern compensation practices to engage their workforce and drive results. Even employers that think of themselves as more “traditional” than “modern” can take a few steps in this direction, and the good news is that you don’t necessarily have to spend a…

Should Handling Employee Benefits Be Handled by HR?

I have been having a debate with myself. It’s becoming both annoying and non-productive. So I thought I would invite you all into the dialogue. As I speak and write about how HR can become a business accelerator, one of the biggest obstacles is time. HR has such a full plate, that we…

Salary Histories: It’s an Artificial Barrier That Too Many Companies Put Up

The first words out of most people’s mouths when I call them about a job are usually “what’s it pay?” And, if their first question is about pay, then that must mean money is their main motivation to change jobs. Right? It is more likely that candidates are tired of spending time talking…

How California’s Equal Pay Law Affects All Employers

What is being called the strongest equal pay law in the country goes into effect in California in a month, but its impact is already being felt, and not just in the Golden State. With a stroke of his pen last month, Governor Jerry Brown approved a law requiring employers to pay equal…

Compensation Will Be Just Fine Without Your Dysfunctional Performance Appraisals

I have been calling for the death of traditional, scored performance appraisals for a long time. Today, there is a chorus of voices singing this same hymn. But, despite there being pretty clear evidence that this practice is fatally flawed, most companies persist, leaving their employees and managers to suffer from HR’s version…

Gravity Payments Proves That Paying Everyone Equally Is an Equally Bad Idea

Many of you may have read about Gravity Payments, the company in Seattle with the magnanimous CEO who decided to do the right thing. In April, CEO Dan Price (and that’s a great name for a comp article) decided to cut his own pay from $1 million to $70,000 annually and use the…

Despite What the Pope Says, Proportional Pay is Still Not Required in the U.S.

Since Pope Francis added his voice in protest about about gender based pay differentials after Equal Pay Day, maybe this is a good time to revisit the status quo. Current American federal law only compels equal pay for practically identical work. The usually highly imbalanced disproportional pay to protected classes is the big “hidden”…

Jobs Take Big Jump in November; Temp, Search Increase Numbers

The U.S. economy delivered a powerful holiday surprise, adding 321,000 new jobs last month, the most in almost three years. To add to the robust report, the Labor Department’s monthly employment report, out this morning, adjusted upward its initial numbers for September and October by 44,000 jobs. Together with November, the U.S. economy…

Private Employers Add 208,00 Jobs In November

Private sector employers added 208,000 jobs in November, the seventh time this year job growth has topped 200,000. The report from HR services and payroll process ADP, says every one of the broad industry groups it tracks added jobs, with small businesses growing the fastest. Businesses with fewer than 50 employees created 101,000…

Temp Staffing Continues to Grow; Economy Adds 214K Jobs As Unemployment Declines

For the ninth consecutive month job creation topped 200,000, adding 214,000 new non-farm jobs last month. Meanwhile, the unemployment rate edged down to 5.8%, the lowest in six years. Temp staffing continued its steady climb, adding 15,100 workers, down from September’s adjusted upward count of 17,800. For the nine months from January through…