Companies are concerned about attracting and retaining top performing employees, creating serious doubts about their ability to compete effectively in our rebounding economy. Join PayScale as we discuss the latest findings from the 2015 Compensation Best Practice Report.

1. Tim Low, VP Marketing

2. www.payscale.com
14,000 Positions 3000 Customers 11 Countries
250 Compensable Factors
40 Million Salary Profiles

3. We surveyed
5,530 companies

4. Big Plans
 Better financial performance
 Adding Staff
 Giving raises
 Skill gap makes for stiff competition
 Retaining top performers
 Lacking confidence around compensation
conversations
Big Concerns

5. Workforce Growth
in Information, Media and
Telecommunications companies grew
Small companies are more likely to grow 25% or more
65%

6. Financial Performance
Expectations
of employers expect their financial
performance to improve
of employers in Information, Media, and
Telecommunications are optimistic
73%
80%

7. Raises
of employers plan to give raises in 2015
say performance-based pay increases
main driver for 2014 pay raises
reported giving COLAs as primary
reason of pay raises
of companies have increased their
bonus budget for 2015
89%
52%
21%
57%

8. Retention is still a major Concern

9. Skills Gaps & hard to fill roles
of employers report lack of qualified applicants
reported having an open position for 6
months or longer
of large companies paying more for competitive
jobs. Small companies less likely at 56%
of large companies reported positions open for
6 months or longer
51%
35%
49%
65%

10. How do you feel about your comp?
where do you get your data?
of employers reported using
online salary data. Of this, 38%
pay for the data
of employers adjusted their
compensation structure within last
12 months
of respondents typically perform
market and compensation analysis
annually or semi-annually
60%
75%
53%

11. Comp trends
said HR should not report to Finance
of large companies more likely to either
have a transparent wage policy or to be
working on one
More than ½ of employers chose the CEO to be
responsible for setting compensation budgets in 2015
64%
47%

12. Generational Shift
More than 50 percent of employers don’t
expect to change their compensation
strategies to accommodate Millennials
Despite predictions of the impending
Boomer mass exodus, retirement accounted
for only 6 percent of all terminations in
2014

13. Check out the CBPR
View interactive charts and
download the report
www.payscale.com/cbpr