People are familiar with the term equal pay. There are different situations where they first hear it. But everyone probably hears equal pay during elections and election campaigns. The Biden-Harris Administration announced their new actions to promote women's employment and support working families during Equal Pay Day 2022. Among them were advancing pay equity for the federal workforce, conducting pay equity audits to help address and prevent pay disparities based on gender, race, or ethnicity, and assisting childcare providers to boost pay for childcare workers. This article will discuss equ... view blog & white papers details
Technical skills are critical to progressing in a career. Creating an inventory of technical skills is important It helps employees see what they are good at, spot any gaps to improve, and gives concrete details to share with their manager or use in their next job search. Understanding Technical Skills Technical skills refer to the abilities and knowledge an employee needs to perform specific tasks. They include skills relating to mechanical or digital technologies. Showing technical skills helps in career development and planning. To build an inventory of technical skills, list technologies,... view blog & white papers details
CompAnalyst is a comprehensive compensation management solution and software that provides your organization with 100% employer-reported surveys, market pay data, and job content. In this webinar, Ken Clemens, a Solution Consultant at Salary.com, will walk you through one of the many components of JobArchitect. Job description management is the focus of JobArchitect and we will provide an overview of how you can use it effectively and successfully. Why Job Descriptions Matter Job descriptions are an essential part of the job application. Job seekers will use it to determine whether the role is... view blog & white papers details
Here at Salary.com, we offer employers software that is an all-in-one solution to your compensation management called CompAnalyst. With CompAnalyst, we will provide market-price jobs with current data that you can trust. As well as this, CompAnalyst offers you the opportunity to create and model salary structures in 3 steps, manage job descriptions, produce compensation reports, identify pay gaps, and more. In this webinar, Katie Stukowsi, Managing Director of Solutions Consulting at Salary.com, will walk you through how you can address pay equity using the software. Pay equity is a critical a... view blog & white papers details
Salary bands, also known as pay bands, are pay ranges given to groupings of roles. Salary bands’ pay ranges are influenced by geography, cost of living, seniority, and experience. Salary bands play three crucial roles: Highlight employees that are being under-compensated or over-compensated in their role. Influence decisions for employers who are hiring new employees and giving raises to existing employees. Provide transparency so that employees can make a fair salary comparison between themselves and employees in similar roles. Learn why it’s important to fully understand how salary bands wor... view blog & white papers details
Finding the right salary data to make smart decisions can be tricky, with so many sources out there claiming to have the most accurate data. This post breaks down the perks and pitfalls of the top salary data options. It aims to help companies figure out which one suits their needs best. Strap in for a showdown between government data, salary surveys, job sites, and more. We will provide all the details on accuracy, customization, and availability so companies can pay people fairly based on reliable insights. Whether it is national stats or niche job figures, this inside scoop will help co... view blog & white papers details
Getting your team excited and energized can be easily done with a sales incentive. But motivating your representatives is not just about setting a goal, such as increasing sales, and offering cash prizes. People are motivated in different ways, and they value different rewards. That is where sales incentive planning comes in. They help you inspire your teams and give them rewards that matter to them the most. In this article, you will get to know about the various types of sales incentives and learn expert advice on creating a successful sales incentive plan. What Is Sales Incentive Planning? ... view blog & white papers details
Are you working in human resources at a financial services company? For years, you have done things the old-fashioned way. But times are changing. HR digitization is coming for financial services and is set to transform how you work. In this post, explore what HR digitization means for financial services.Look at its benefits, how it streamlines processes, and enhances employee experiences. Consider the challenges and discover ways to execute them. HR digitization brings both opportunities and obstacles. Dive into how it will impact financial services. Are you ready? Understanding HR Digitizat... view blog & white papers details
Earning the pay that you are worth in today's competitive job market is not easy. Companies want to attract and keep top talent while controlling costs. This is when compensation technology (comp tech) comes in. The latest software can analyze market data to build pay structures that work for both employer and employee. But not all comp tech is created equal. This article looks at what features impact the return on investment. After reviewing the pros and cons, companies will know how to make sure these tools deliver maximum value. Whether you are in HR or an aspiring salary negotiator, unders... view blog & white papers details
Not every company or industry follows the same naming practices when it comes to job titles. As a display of their distinct culture, objectives, values, and methods of operation, every business needs to make sure that the positions within it are properly classified. No matter how you feel about job titles, one thing is certain. Your company's growth is built on the foundation created by the first 100 employees. To identify and characterize the employees of your startup is not simple. It is vital to find a careful mix between being empowering and helpful without confining someone. To help you a... view blog & white papers details