Tag: compensation strategy

Development & Evaluation, Employee retention

Employer pay strategies increasingly prioritize transparency and equity, Payscale finds

February 28, 2023

Via: HR Dive

The report offers three takeaways for HR professionals, Amy Stewart, Payscale’s associate director of content and editorial, told HR Dive. First, despite the precarious economy, pay raises are looking higher again in 2023, compared to pre-COVID-19 years, although they are […]

Development & Evaluation, Employee retention

Understanding the FARM Components of Compensation

February 17, 2020

Via: HR Hero

Have you heard of the acronym FARM as it relates to compensation? I first heard this term from a BLR® webinar run by Paul Dorf, the Managing Director of Compensation Resources, Inc. (CRI). In that webinar, Dorf noted that a […]