This year’s Compensation Best Practices Report reveals that talent management is becoming strategically important for businesses trying to realize growth in today’s more competitive economy. Join PayScale as we discuss the latest findings from the 2014 Compensation Best Practice Report.

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

3. We surveyed 4,700+
companies about…
• Economic climate
• Compensation practices
• Business practices

4. Key Findings
Companies have big
plans for 2014:
• Workforce expansion
• Better financial performance
• Raises
But, they have big concerns about:
• Retention
• The skills gap
• Lack of good salary data

11. More Learnings

13. What do you think you
should be called?

14. Performance Matters in 2014
• 54% gave performance-based pay increases
• Incentive-based bonuses were the most
common type of bonus
• Information, Media and Telecommunications
was most likely to give incentive bonuses (71%)
• 93% conduct performance reviews

15. Impact of government
Affordable Care Act
• 84% expect no staffing changes from the ACA
• 5% cutting back hours
• 8% will hire fewer full time workers
Fair Minimum Wage Act
• 40% are in favor of $10.10
• 30% against
• 30% unsure