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How much have your pay rates increased in 2015? What will they be in 2016? Are they tied to the market or internally driven? What’s going on with your peer companies around the country?
If you’ve worked in compensation a while you probably know all there is to know about “aging” data. If you’re new to comp, however, and aging data is a bit of a mystery, read on for practical tips from BLR’s Senior Compensation Editor Sharon McKnight, CCP, SPHR.
In yesterday’s Advisor, CareerBuilder’s annual job forecast survey predicted a sunny 2015 for jobseekers; today, the survey’s results reveal five up-and-coming trends in the comp and recruiting arenas.
According to CareerBuilder’s annual job forecast, more job openings are on the way in 2015. Over one third of employers polled are planning to hire full-time, permanent employees in the coming year—the most favorable outlook from the survey since 2006. Also on the agenda? Salary increases, including raises for minimum wage employees.
Yesterday’s Advisor featured consultant Diana Neelman’s five approaches to job evaluation. Today, her colleague, Sarah Schmidt, on data aging and market consensus.