Payscale

Today, on Latina Equal Pay Day, we confront the disparities still faced by Latina women in the workforce. Our 2024 Gender Pay Gap Report illuminates a critical statistic: Despite progress, Latina women earn 79 cents for every dollar earned by their white male counterparts. This stat not only underscores the challenges but also the resilience and contributions of Latina women everywhere. Let’s use this moment to advocate for change, ensuring equal pay for equal work. Together, we can create a more equitable future. #LatinaEqualPay #JusticeInPay Read the full report here: https://lnkd.in/gjY4aNxn

Winning the war for talent requires more than just competitive salaries. 💼 💵 One of our panels at Compference24 last week — consisting of Christine Tryba, Swati Bakshi, Paulo Fava, and Rodney Green — explored best practices in compensation, benefits, culture, and recognition. The expert panelists discussed innovative strategies and programs that can help organizations attract, retain, and engage top talent. Key metrics such as voluntary turnover, offer acceptance rates, engagement surveys, and employee recognition were highlighted to showcase effectiveness. This session was perfect for organizations with solid compensation fundamentals looking to take their strategies to the next level. 🚀 📊 You can still gain access to ALL Compference24 sessions for FREE, so don't miss out on this opportunity to gain insights and elevate your talent management practices. Get access here 👉 https://lnkd.in/dUCPsjW3

More Americans are choosing to "downsize" their careers to reduce stress. 📉 💼 TLNT.com recently spoke with Jasmine Escalera, a career expert at MyPerfectResume about this "career downsizing" trend and the way it reflects a significant shift in workplace dynamics. Escalera highlights that 83% of U.S. workers report work-related stress, with 25% citing their job as their primary stressor. This has led many to prioritize work-life balance over career advancement, even if it means taking a pay cut. For HR professionals, this presents a new challenge. As Escalera notes, "HR might well have to enter into additional conversations around offering flexibility in order to persuade people that a role isn’t as stressful as they think." The rise of career downsizing could reshape how organizations approach promotions, employee engagement, and retention strategies. Have you experienced this growing trend? How will your organization adapt in order to retain talent? Read the whole article today: https://lnkd.in/eHHnj3ND

How do you determine the right compensation for your employees? Accurate and relevant compensation data is crucial for recruiting, retaining, and rewarding your team. 📊✨ However, selecting the best data for your organization can be a significant challenge. At Compference24 last week, Michaela Leo, CCP, CBP, GRP, Brian Calhoun, Adam Murphy, and Molly Rader explored the various types of salary data sources available today and discussed key considerations for choosing the right data for your organization. This session was ideal for anyone looking to establish or revitalize their organization's compensation practices. If you missed this opportunity to enhance your data foundations and make more informed decisions, don't worry! On-demand access to all Compference24 sessions is free. Get your access here: https://lnkd.in/dUCPsjW3

Are employees working while vacationing, or vacationing while working? 🏖️ 🏢 HR Brew covered a recent survey by Perceptyx which found that 72% of employees work while on PTO. This trend, known as "workcationing," reveals a lack of boundaries between work and life, potentially leading to burnout. Emily Killham, senior director at Perceptyx, highlights three types of vacationers: - planned workcationers - unplanned workcationers - and true vacationers. Both planned and unplanned workcationers struggle to disconnect, often using personal devices to stay connected to work. Managers play a crucial role in this dynamic. If managers work during their vacations, their direct reports are more likely to do the same. HR leaders should focus on ensuring managers and employees have the space and flexibility to truly disconnect. Conducting "listening surveys" post-vacation can help identify underlying issues and inform better policies. Understanding these dynamics is key to fostering a healthier work-life balance and a happier, more productive workforce. Read the article today: https://lnkd.in/ehxwy_Hu

There's no getting around the fact that compensation management is a cornerstone of HR innovation. 🔍✨ With changing legislative requirements, shifting generational expectations, and increased skills mobility, HR and business leaders must take a practical look at what truly engages employees today. During Compf24 last week, the expert panel — including Sarika Lamont, Jessica D. Winder, Hebba Youssef, and Ruth Thomas — explored the economic, social, and organizational factors that are transforming compensation management from a nice-to-have to a need-to-have. All who attended had a front-row seat for learning about the practices that create a solid foundation for culture, engagement, and the future of comp. 💡 If you weren't able to join us live, you're in luck! On-demand access to all Compf24 sessions is free. Get your access here: https://lnkd.in/dUCPsjW3 #Compference24

We had a brilliant time last week at Compference24, with so many opportunities for career development, networking, and fun, together as comp and HR professionals! 🌟 On Day 1, we hit the ground running with an outstanding session facilitated by Daniel Mealo, SHRM-SCP and Seth de Armas, about understanding the fundamentals of an effective compensation philosophy and strategy, which is crucial for today's workplaces. While often used interchangeably, compensation philosophy and strategy serve distinct purposes — and both are vital for thriving compensation management processes and outcomes in your organization. This video captures a few highlights. If you weren't able to join us live last week, don't worry! On-demand access to all Compf24 sessions is free. Get your access here: https://lnkd.in/dUCPsjW3 #Compference24

Managers are responsible for over 260 meetings a year — and they’re burned out. 💼 📉 HR Dive recently wrote that, according to a new report from Top Workplaces, 67% of managers struggle with heavy workloads and 35% are experiencing burnout, the highest rate across all job grades. This burnout is not just an individual issue but a significant organizational risk. "Managers are the backbone of any company, and their well-being directly affects productivity, employee satisfaction, and overall business success," says Kinsey Smith, senior data analyst at Top Workplaces. Managers lead teams, juggling competing needs from senior leaders and direct reports. The sheer volume of meetings, estimated at 260 per year for a team of 10, adds to their stress. Despite high ratings for people skills, managers often receive lower ratings for employee development and performance management, highlighting areas where they need more support. Organizations should invest in comprehensive training programs covering employee development, leadership, and emotional intelligence. Providing such support can help managers excel in their roles and improve overall organizational health. Let's take care of our managers, prioritizing their well-being to ensure a productive and satisfied workforce. Read the full article here: https://lnkd.in/gBa9RYqD

HR and employees may have a significant disconnect regarding engagement priorities. 👀 HR Dive covered a recent SurveyMonkey report that surveyed 304 HR professionals and 2,593 U.S. workers. The report revealed that 80% of HR pros believe employees aren’t providing open and honest feedback. Conversely, 39% of workers feel uncomfortable sharing candid feedback, and 44% don't think it will lead to change. The report underscores the importance of fostering an open environment for honest feedback. "HR teams are only as effective as their ability to collect authentic feedback from their employees," it states. Employers should be cautious about requesting feedback if they aren't prepared to receive or act on it, as this can erode trust and engagement. The findings emphasize the need for HR to align more closely with employee perspectives to enhance workplace culture and effectiveness. Read the full article today: https://lnkd.in/gB85627m

Today, we celebrate the incredible #HR professionals who are the heart and soul of every organization. Your dedication to fostering strong company culture, supporting employee growth, and ensuring fair practices drives not only individual success but also the success of entire teams and companies. At Payscale, we are proud to work alongside HR professionals who are committed to making a difference. From navigating complex challenges to building inclusive workplaces, your expertise and passion help shape the future of work and to #getpayright. Thank you for all that you do to empower people, create positive change, and make organizations thrive. We see you, we appreciate you, and we’re grateful for the impact you make! #HRProfessionalDay #HRLeaders #ThankYouHR