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Compensation Conscience

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HR Happy Hour Podcast: Trends in Compensation 2021

HR Happy Hour interviews Salary.com CEO, Kent Plunkett, on “Trends in Compensation”. Watch the video to learn about the current state of the industry and …

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Mind the Gap: A Guide to Resolving Pay Gaps Across Your Workforce

The call to address pay equity across your workforce has never been stronger, yet during this time of both economic and societal upheaval, many organizations …

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Pay Practices and Fair Pay Survey Summary

The Pay Practices & Fair Pay survey analyzed several factors relating to pay practices and compensation including compensation plans, performance management and fair pay. The …

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Top 5 Factors When Evaluating Compensation Management Solutions

Having the right compensation data and management solution is essential for organizations that want to make confident decisions and get pay right. The challenge is …

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COVID-19 Business Survival: Compensation Management Tools Are Key

Our partners at WorldAtWork recently published an article explaining the importance of compensation management tools as companies continue to adapt to the rapidly changing business landscape.  The past few months have proven especially …

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COVID-19: 4 Things to Consider as You Re-evaluate Your Compensation Strategy

Total Rewards is an essential practice in every company. It helps employees understand the overall compensation and benefits strategy that is in place and how that strategy aligns to …

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Compensation Reporting & Analysis Re-imagined!

The role of compensation has evolved in the last few years, and analysis has become a stronger part of your core duties and responsibilities.  We …

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The Value of a Total Compensation Statement

The purpose of a Total Compensation Statement, otherwise known as a Total Rewards Statement, is to make the employee realize the overall value of the …

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Compensation Analysis Glossary

A compensation analysis, also called salary analysis or pay analysis, is an organization-wide review of how your jobs are classified and compensated. Performing a compensation …

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What Is a Salary Grading Scale?

A salary grade scale is a pay format where employees are placed within a pay level based on their education and work experience. Each job …

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Defining the Difference Between Average and Median Salary

Median and average salaries are both measures of central tendency or the “middle of the market” regarding compensation. Many organizations target employee pay at either …

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6 Steps to Take Before Creating a Pay Matrix

In today’s war for talent, an increasing number of organizations are leveraging performance-based compensation plans, like bonuses and merit increases, to reward top employees. Research …

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Do Men Make More Than Women?

No matter where you are in your career, it’s worth considering how pay gaps may impact you and those around you. Women earned just 85 …

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Preparing Merit and Salary Budget Increases

Download our key takeaways on preparing merit and salary budget increases to help you design a performance evaluation system and ensure you are using the …

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What is Broadbanding in Compensation?

In human resource management, broadbanding is defined as having extremely wide salary bands, much broader than in traditional salary structures. While a typical salary band has …

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Human Resources Can Be Your Company’s Most Valuable Asset

Businesses typically spend between 40 to 80 percent of gross revenue on employee salaries and benefits combined, depending on what sector the business is in. …

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A Beginner’s Guide to Pay Compression

Have you been wondering: "what is pay compression?" It can be tricky to spot, even for seasoned HR pros. It's time to get a better …

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The Impact of Frictional Unemployment on Your Organization

Frictional unemployment is defined as when a worker is in the process of moving from one job to another. This type of unemployment is generally …

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