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Black Women Deserve Equal Pay in 2020
August 13th is Black Women’s Equal Pay Day. The calendar day is reflective of the median earnings of Black women compared to white men according to the U.S. Census and changes each year to show how...
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Together at last: PayScale Insight Lab and UltiPro by UKG
PayScale is pleased to announce the latest release in our growing HRIS API lineup. As of September 23, 2020 PayScale Insight Lab offers an API connection to UltiPro by UKG (Ultimate Kronos Group)....
View ArticleShould Pay Be Adjusted for Remote Employees?
COVID-19 has catapulted remote work into the center of workforce planning and talent strategy, but the question looming on everyone’s mind is how remote work is going to impact compensation. With...
View ArticleThe Compensation Best Practices Survey is Open to Participation
The CBPR 2021 survey officially out. We are calling all compensation professionals, HR leaders, business owners and anyone else who manages compensation for their organization. PayScale’s annual...
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Introducing MarketPay Jobs, powered by JDXpert!
Leading organizations know that robust job description management is key to attracting talent with the skills they need to grow their business. A once often overlooked area of Human Resources and...
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Illuminate Your People Strategy with MarketPay Jobs
For many organizations, it’s merit cycle season. If you are currently amid the substantial undertaking of this annual program, you are acutely aware that this process is not done in a vacuum. With up...
View ArticleCompensation Survey Participation was Down in 2020: What it Means for 2021
2020 wasn’t a great year for survey participation. In the wake of COVID-19, participating in compensation surveys ended up low on many HR and compensation teams’ priority lists. As a result, many...
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PayScale Releases 2021 Compensation Best Practices Report
PayScale is thrilled to announce the launch of our 2021 Compensation Best Practices Report (CBPR), the largest survey in North America to focus specifically on compensation and total rewards. PayScale...
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MarketPay Jobs: An Unparalleled Solution
Accurate job descriptions can serve as a key document in developing a fair and equitable work environment. A job description is a technical document that acts as the backbone and infrastructure of how...
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The Gender Pay Gap is Real. To Close It, Pay Equity Needs to Be a Continuous...
This post on “The Gender Pay Gap is Real” also appears as an article on LinkedIn by the same author. It is cross-posted to the Payscale blog. The opinions in this post belong to the author. If you...
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Why a Federal Minimum Wage Increase to 15 Dollars an Hour Makes Sense in 2021
Raising the federal minimum wage is a controversial topic. Economists have been arguing about the efficacy and impact of the minimum wage since it was first introduced in the United States in 1938. The...
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Gross Pay vs Net Pay: What’s the Difference?
Gross pay (also known as gross salary) is the amount of compensation a company or organization pays an employee before any required or voluntary deductions take effect, per payment period. Gross pay is...
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What is Severance Pay?
Severance pay is compensation an employer may pay an employee after departing from the company. While severance pay is common and can establish good will among employees, it is not required by law....
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How Recognition and Rewards Can Increase Retention and Engagement
Over the past few decades, employee engagement has taken center stage, becoming a top priority for global organizations. However, although HR leaders may be increasing their focus on employee...
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Most People Believe They are Underpaid Even When They Aren’t
Payscale’s newly released Fair Pay Impact Report shows that people believe they are underpaid even when they are paid at or above market. In addition, people who believe they are underpaid are 50...
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Base salary: what is it, how to calculate, what to offer
A base salary, also known as base pay, is the initial compensation amount or wage employers agree to pay an employee at the start of a job before taxes and other deductions. Base salary does not...
View ArticleCOMPENSATION TRENDS: ENSURE YOUR PAY STRATEGY IS COMPETITIVE AND MORE...
When the economy was up, HR and compensation professionals were mostly focused on recruitment, training, and retention. Recent times, however, required that focus to shift to employee safety,...
View ArticleGET PAY RIGHT BY SOURCING THE RIGHT CHOICE IN SALARY DATA
Not all salary data sources are equal and it’s not enough to simply gain access to pay data. Understanding the differences in each source and how the data relates to the current job market,...
View ArticleTypes of bonuses and when to use them
Bonuses are a beautiful thing. Whether you’re sweetening a job offer, showing appreciation for meeting goals, or sharing company earnings, bonuses can play an important role in attracting and retaining...
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If you don’t have a compensation strategy that accommodates remote work,...
Payscale recently released research on the State of Remote Work in 2021 finds that 81 percent of organizations don’t have a compensation strategy that encompasses remote work. That’s concerning. Remote...
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