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Top 10 HR Myths

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Guess what? People do leave their jobs because of THIS! Your cry that THIS isn't fair is completely invalid! You won't believe all of the lies you've been led to believe! Find out the truth now.

Published in: Recruiting & HR
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Top 10 HR Myths

  1. 1. Newsflash: everything you know to be true is actually false. Oysters aren't aphrodisiacs. You've been drinking 8 glasses of water-the worst of all beverages-for no reason. You could have been swimming more. Like, WAY more. Indeed, the truth ahead could be painful. But if you think you can handle it, read on... www.payscale.comPayScale: The Modern Compensation Company Oysters are Aphrodisiacs 3 Women Make Less Than Men for Doing the Same Job 5 Dropping a Penny on Someone from the Empire State Building will Kill Them 7 Instituting a Pay for Performance System isn't "Fair" 9 George Washington had Wooden Teeth 11 People Don't Leave Their Jobs Because of Pay 13 It Takes 7 Years to Digest Swallowed Gum 15 Employers Talking to Their Employees About Pay Will Incite a Riot 17 Bathroom Door Handles are Full of Bacteria 19 Pay for Performance Raises Will Cost Us More Money 21 Contents
  2. 2. oysters are aphrodisiacs www.payscale.comPayScale: The Modern Compensation Company
  3. 3. Original Source: The New York Times Contrary to popular belief, these infamous bivalves are not as bow-chicka-wow-wow inducing as we have been led to believe. This claim was started by Casanova himself in 18th century Venice, where, devoid of modern medicine, Casanova ate dozens of oysters as preparation for his amorous activities. However, there is no scientific evidence that oysters are the Viagra of the Sea—and any success is generally chalked up to the placebo effect. Moral of the story: Don’t believe everything you read in 18th century literature. Also, take the money you would have spent on oysters and invest it in a sensible 401k. Ladies love stability! www.payscale.comPayScale: The Modern Compensation Company
  4. 4. WOMENMAKELESSTHANMEN FORDOINGTHESAMEJOB www.payscale.comPayScale: The Modern Compensation Company
  5. 5. While a pay gap does exist, it is smaller than most people think. For women and men in identical roles, the pay gap is 2.7%. This myth originates from the fact that, when all women’s jobs are compared to all men’s jobs, the pay gap widens to 74 cents on the dollar, aka 26%, but that is because more women work in lower-paying fields. Moral of the story? Forget the pay gap and focus on this jobs gap – bring more women into leadership roles and high-paying fields. Original Source: PayScale www.payscale.comPayScale: The Modern Compensation Company
  6. 6. DROPPING A PENNY ON SOMEONE FROM THE EMPIRE STATE BUILDING WILL KILL THEM www.payscale.comPayScale: The Modern Compensation Company
  7. 7. According to Scientific American, a penny is too small, too flat, and cushioned by too much air to transform into a torpedo. Far from bludgeoning your enemies to death, the actual affect of hitting someone with a penny by dropping it off the top of The Empire State Building would feel like “being flicked in the forehead, but not even very hard,” the article stated. This info should surprise no one because, let’s face it, pennies are stupid. They are America’s worst currency. On that note, if you want to kill someone with pennies, try paying for your morning latte exclusively with them, until those around you perish of rage and boredom. Bwahaha. Original Source: Scientific American www.payscale.comPayScale: The Modern Compensation Company
  8. 8. INSTITUTING A PAYFORPERFORMANCE SYSTEM ISN’T “FAIR” www.payscale.comPayScale: The Modern Compensation Company
  9. 9. Sayingpayingforperformanceisn’t‘fair’islikesayingwinning agoldmedalisn’tfair.Inapayforperformancemodel,you arerecognizingtopperformerswithcash.Takealesson fromGravityPayments.Wheneveryone'spayisincreasedor equalized,yourtopperformerswon’tconsiderthatfairand they’lllikelytaketheirtalentselsewhere.Moralofthestory? Goforgold! Original Source: PayScale www.payscale.comPayScale: The Modern Compensation Company
  10. 10. George Washington had wooden teeth www.payscale.comPayScale: The Modern Compensation Company
  11. 11. George Washington’s teeth were made out of a lot of things, But, despite popular belief, wood wasn’t one of them. A far cry from the porcelain used in dentistry today, George Washington’s teeth were made of ivory (hippopotamus and elephant), lead, gold, and actual teeth from horses, donkeys and humans. Original Source: Smithsonian Magazine www.payscale.comPayScale: The Modern Compensation Company
  12. 12. PEOPLE DON'T LEAVE THEIR JOBS BECAUSE OF PAY www.payscale.comPayScale: The Modern Compensation Company
  13. 13. Not true. In 2015, the number one reason most people left companies was compensation. The majority of respondents to the 2015 Compensation Best Practices Report cited “seeking higher pay elsewhere” as the primary reason for leaving a company. Moral of story? Money CAN buy you love. Original Source: PayScale 2015 Compensation Best Practices Report www.payscale.comPayScale: The Modern Compensation CompanyPayScale: The Modern Compensation CompanyPayScale: The Modern Compensation Company
  14. 14. IT TAKES 7 YEARS TO DIGEST SWALLOWED GUM www.payscale.comPayScale: The Modern Compensation Company
  15. 15. Not to worry; that gum you swallowed in a panic to avoid detention did not linger in your digestive track beyond your high school years. Though the majority of gum matter is in fact indigestible, the relatively small size of the average piece of gum allows it to flow freely through the digestive track and out of your body in far less than seven years. Moral of the story: this too shall pass. Original Source: Scientific American www.payscale.comPayScale: The Modern Compensation Company
  16. 16. he makes HOW MUCH? My manager lied. I am so out of here! EMPLOYERS TALKING TO THEIR EMPLOYEES ABOUT PAY WILL INCITE A RIOT www.payscale.comPayScale: The Modern Compensation Company
  17. 17. If you aren’t talking with employees about pay, chances are they are talking to one another—creating their own story of your compensation philosophy. Not a good thing. PayScale, the compensation software company, surveyed 71,000 employees to study the relationship between pay and transparency.  The study found that transparent conversations about money can actually mitigate low pay. So, if an employer pays lower than the market average for a position, but communicates clearly about the reasons for the smaller paycheck, 82% of employees surveyed still felt satisfied with their work. Original Source: Harvard Business Review How much do they pay you? www.payscale.comPayScale: The Modern Compensation Company
  18. 18. BATHROOM OF BACTERIA DOOR HANDLES ARE FULL www.payscale.comPayScale: The Modern Compensation Company
  19. 19. No need to grab that paper towel to open the bathroom door, but you may want to avoid the hand dryer. Turns out the dirtiest places in public restrooms are the floors (no surprise there) and the hand dryers! ABC News 20/20 found the toilet seat and the door handle to be the cleanest spots in a public restroom. They even went as far as to say that it may be cleaner to eat your lunch off the toilet seat than your desk. Eww. Original Source: ABC News www.payscale.comPayScale: The Modern Compensation Company
  20. 20. PAY FOR PERFORMANCE RAISES WILL COST US MORE MONEY www.payscale.comPayScale: The Modern Compensation Company
  21. 21. This one’s a little tricky. Pay for performance could cost you more, if you do it wrong. Do it right—aka don’t reward under-performing employees—and it will likely save you money. Rewarding your top performers will also reduce your cost of turnover—happy employees don’t leave. Think of it this way, if you don’t pay your top performers what they deserve, your competitor will. Ouch. www.payscale.comPayScale: The Modern Compensation Company Original Source: PayScale
  22. 22. PayScale is committed to purging bad data from the world, starting with faulty salary data. Learn about PayScale's innovative crowdsourcing method for providing the most accurate salary data in the world: CLICK HERE TO LEARN MORE ABOUT PAYSCALE

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