Compensation News and Trends

Geographic Pay Differentials & Remote Work

As permanent remote work becomes more entrenched, the use of geographic pay differentials is gaining traction. C2HR’s Annual Compensation Surveys have long revealed that geographic-based pay is well established among connectivity companies. Content developers are now also offering pay differentials…but gaining employee acceptance can be [...]

Connectivity Providers and Content Developers Balance Increasing Employee Pay While Remaining Disciplined Financially

Lower bonuses for connectivity providers and content developers reflect an overall desire to have stronger base salaries in order for talent to have the security of guaranteed compensation. It is a balancing act for companies as they continue to prioritize pay equity and pay transparency while still facing economic headwinds. [...]

Salaries for Software Gaming Talent Continued to Grow in 2023

The recently published 2023 Croner Software Games Survey – North America shows that salaries for software gaming talent experienced steady compensation growth year over year. The greatest increase in salaries for software gaming jobs was for executive-level positions. The increase was driven by strong growth in short-term incentives. Considered the [...]

For Local Media Jobs, Growth in Compensation Varies by Market Rank

The recently published 2023 Croner Local Media Survey provides in-depth market data for compensation growth at local media stations. The report provides data for compensation for jobs specific to local television and radio stations and local advertising sales jobs. The survey results include data from television stations, radio stations, MSOs [...]

Reduction in Salary Adjustments Anticipated for 2024

Reduction in Salary Adjustments Anticipated for 2024 The 2023 Croner Salary Budget Survey revealed that budgeted salary increases in 2023 are consistent at last year’s forecasted increase.  However, budgeted salary adjustments for next year are expected to decrease. The findings as August 2023 concluded that among all Croner survey participants [...]

If You Think Related Industries Pay Alike, Think Again

As businesses seek new ventures, entering a related industry seems natural. Similarities should make it easier to attract and retain talent. Right? Unfortunately, the rules you know governing compensation may not apply. To create pay practices that resonate, you must understand the new business, its roles and unique competitive characteristics. For five strategies to better understand industry-specific compensation READ MORE…