Reduction in Salary Adjustments for 2024 and 2025
The recent 2024 Croner Salary Budget Survey revealed that budgeted salary increases in 2024 are lower than last year and companies expect to [...]
The recent 2024 Croner Salary Budget Survey revealed that budgeted salary increases in 2024 are lower than last year and companies expect to [...]
Noteworthy trends in compensation from the past year among leading companies in the industry include [...]
Defining an accurate job architecture or catalog requires input from disparate, sometimes rival stakeholders within an organization. Your compensation team is ideal to manage this effort. It understands the existing titles and salary structures that serve as your launch point, and it has relationships with those needed to secure buy-in. To discover critical steps in building the architecture and associated market benchmarks and ranges, read on [...]
The challenges of working with AI aggregated data and of publicly available salary data, as opposed to using robust compensation survey data, is that they provide only part of the compensation picture and may not reflect information that aligns with your company's overall approach to [...]
Are you contemplating a new HRIS? Seeking consistency in career progression? Grappling with pay equity and transparency? It may be time to review your organization's job architecture. To discover how a robust job architecture can benefit your company, read on [...]
As the economy faces challenges, focus on performance management has intensified. From the business perspective, more attention is being paid to performance to ensure that all employees are contributing during leaner times. From the employee perspective [...]
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 [...]
Industry-specific compensation information provides a clear competitive advantage to employers. With validated market data in hand, you won’t overpay new recruits to remain competitive. Decisions about pay can be made based on actual market rates – rather than anecdotal or self-reported [...]
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. [...]
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 [...]