Smart organizations address pay equity. This is an important issue in the workforce today. Your organization needs policies around pay equity to strengthen company branding, expand your talent pool and attract top talent, as well as avoid potential litigation. As a result, you can confidently grow with a positive reputation and dedicated employees. Addressing pay equity can seem like a daunting task. Let’s face it, it’s not easy compiling your data, analyzing the results, addressing any existing issues, and enforcing changes. To help you, Salary.com’s senior leaders Carol Ferrari, Chris Fusco,... view blog & white papers details

You want to ensure that your organization’s pay practices are fair and consistent. If you fail to do so, your employee satisfaction and productivity will decrease. Equitable pay and transparent policies across the organization should be your goal. So how do you ensure that you’re doing the right thing? Start by looking closely at your policies and procedures. Does everyone involved in the compensation process understand them? Your organization should have an established pay philosophy, but pay practices require ongoing revision. You’ll need to have transparent conversations, train your manager... view blog & white papers details

The return to office may feel a little different than expected. With one quick look around, companies are noticing the absence of many female employees. Since the start of the pandemic, women have left the workforce at an alarming rate, many with no plans of returning. Considering the state of the current economy, why would so many women leave their jobs? The answer is rather complex, with many company and organization leaders sadly struggling to find the reason. With many contributing factors to the mass exodus of women from the workforce, will companies be able to convince women to come back... view blog & white papers details

It’s said that if you want to get ahead in your career, you should build your skills, not your resume. The same principle applies to how employers develop their workforce for the future. Past success isn’t as important as what you can do next. As we head into 2023, one thing is clear: It is an ABSOLUTE MUST for every company to become a skills-based organization. Skills aren’t just the new currency for individuals, they are the new disruption for your business. If you’re a compensation or talent acquisition leader for your human resources team, you no doubt are having ongoing conversations abo... view blog & white papers details

Reports, analyses, and data visualizations are all important tools that can help you read, understand, interpret, and utilize data to make important pay decisions. The right reporting and analytics tools will allow you to identify pain points and outliers in your pay structures, analyze the impact of the changes you make, and help you communicate with employees more effectively about compensation. Below are four trends we're tracking that are having an outsized effect on data collection, reporting, and analytics in the compensation function. In Compensation, Data is King In a data-driven field... view blog & white papers details

Using Essential Job Components to Evaluate Comparable Work Equal pay for equal work is the essence of pay equity. In practice though, no two jobs are alike. There are always some differences and figuring out what "equal work" means can be complex. The Federal Pay Equity Act (and many state equal pay laws) use the term "comparable work." It acknowledges that there will always be some differences when you compare two people's jobs. To do an accurate evaluation of whether work is comparable, we need some specific categories and factors to compare. Comparable work is jobs that “require substantial... view blog & white papers details

You walk into the office on Monday morning, ready to dive into the usual workflow. But wait—things look a little different today. That's because the nature of work is changing, and job roles that once seemed set in stone are transforming before our eyes. New technologies are automating routine tasks. Companies are adopting flatter organizational structures. Remote work is on the rise. All of this is ushering in an era where adaptability is one of the most valuable workplace skills. The transformed job roles appearing today require fresh skills like analytical thinking, creativity, and collabor... view blog & white papers details

Finding a job can be a frustrating experience, especially after spending time applying and never hearing back. But modern technology is aiming to change that by providing real-time feedback on job postings. This allows candidates to get insights into how the company receives their application as soon as they hit submit. Companies using this type of tool are seeing increased applicant satisfaction by creating a more transparent process. Real-time feedback empowers candidates and gives them a peek behind the curtain into what happens after they submit an application. Companies adopting real-... view blog & white papers details

Compensation involves more than just money for work. How companies decide pay can affect both employees and profits. Compensation metrics are the numbers companies use to decide how much to pay their employees. Understanding key compensation metrics is vital for making smart decisions about pay and benefits. Keep reading to discover the essential metrics that influence compensation strategy. Pay Range A pay range is the variation of salaries a company may offer for a job that typically includes a minimum and maximum sal... view blog & white papers details

AI recruiting is becoming a great tool for hiring teams as it speeds up processes, customizes experiences, and aids in decision-making using information. AI is not only changing how people interact with technology; it is reshaping the job of HR in recruiting, hiring, and keeping good employees. While many people in the workforce are beginning to grasp the potential of AI, talks about applying it in recruiting can vary. AI recruiting is becoming more known and appreciated, but conversations about its use in the hiring process can differ, even among experienced HR professionals. ... view blog & white papers details