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 …

by Connor Harrison - May 23, 2019

Designing Compensation Structures: Which Is Right for You?

A compensation structure (or salary structure) is a hierarchal group of jobs that are assigned to salary ranges within an organization. Salary structures are composed …

by Stephan Duncan - May 23, 2019

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 …

by Stephan Duncan - May 16, 2019

Why Is External & Internal Equity in Compensation So Important?

Prioritizing fair pay and closing the gender pay gap are two of the biggest initiatives in compensation today. Implementing processes to sustain fair pay throughout …

by Connor Harrison - May 15, 2019

Compensation Ratios for HR – Explained!

How competitive are your company’s salaries? How fair is pay among your workforce? A quick way to identify potential problem spots is with compensation ratios. …

by Christopher Fusco, CCP, GRP, SPHR - May 10, 2019

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. …

by Sarah Reynolds - May 10, 2019

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 …

by Stephan Duncan - May 10, 2019

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 …

by Candice Wolken - May 3, 2019

Why Compensation Managers Should Wear Capes

Compensation managers are tremendously valuable to any business. Employee salary and benefit expenses typically represent 40% to 80% of an organization’s gross revenues, and comp …

by Candice Wolken - May 3, 2019

Stop a Red Circle Rate From Ruining Your Salary Ranges

The term “red circle rate” is used to describe an employee whose pay is above their position’s maximum rate. Conversely, a “green circle rate” is …

by Stephan Duncan - May 3, 2019