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 [...]
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 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 [...]
The recently published 2023 Croner Digital Content and Technology Survey provides in-depth market data on compensation for jobs specific to internet and mobile content and transactions. Noteworthy findings from the 2023 report include [...]
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…
The recently published results of the 2023 Croner Animation and Visual Effects Survey shows noteworthy trends in compensation from the past year for animation and visual effects salaries from leading companies in the industry. Croner’s annual report provides in-depth market data for jobs specific to the producing animation and visual [...]
With the worst of the pandemic over, employers realize that many workers who relocated during COVID aren’t returning. If your company suspended location-based pay during the uncertainty of the pandemic, it’s time to reinstate the policy. For tips on deciding whether and how to implement geographic pay differentials READ MORE…