Recently, we announced that job-level wage data at a local and national level provided by WageScape will be integrated into the Payfederate platform. WageScape is the leader in aggregating data from millions of job postings to provide real-time labor market intelligence.
I published my first article highlighting the importance of pay transparency almost 2 years ago, but I’m aware the trend is still emerging.
It is common these days for the words ‘trust’ and ‘authenticity’ to be featured in an employer value proposition. After all, they are emblematic of the values underpinning a corporate culture. The reasons for their prevalence are varied, but one could assert this reflects an effort to mitigate workforce sentiments such as a lack of control or lack of feeling valued.
The rapid advancement of AI technology, coupled with the increasing implementation of pay equity and reporting laws in multiple states and countries, has ushered in a new era for the compensation landscape.
In today’s ever-changing compensation landscape, having a multidimensional approach to setting pay ranges is not just recommended—it’s imperative. Drawing on traditional surveys, current job postings, and internal data can provide you with a nuanced, accurate pay range for any role. Here’s how to do it right.
Today, we announced that I joined Payfederate as CEO. I’ve been working with the team for a few months and became increasingly passionate about the role we can play in the compensation software market.
