Pay Transparency Starts Here

Pay Transparency Starts Here

Pay Transparency Starts Here Written By: Richard Lear, CEO A few years back a small software company in Boulder, Colorado called Buffer pioneered the idea of pay transparency. The audacious startup still publishes all their salaries for the world to see. https://buffer.com/salaries Not long after, companies like Glitch and Starbucks made salary ranges and pay equity data transparent. The seeds of the Pay Transparency movement had begun.   In the past year, eight states and cities, including California, Colorado, Washington, New York City and Rhode Island, have enacted pay transparency laws....
Is Employee Motivation the Key to Performance and Retention?

Is Employee Motivation the Key to Performance and Retention?

Is Employee Motivation the Key to Performance and Retention? Written By: Richard Lear, CEO Is Employee Motivation the Key to Performance and Retention? Can motivating your employees improve employee loyalty and retention? What is the role of motivation in the overall performance of your people? These are larger questions that motivation experts like Daniel Pink in Drive; and Paul Lawrence and Nitin Nohria in Driven address. These pundits contend that motivation is a key driver in everything from employee performance to retention, to overall corporate performance. So, what are the keys and...
MIA: Retention Management in HRTech

MIA: Retention Management in HRTech

MIA: Retention Management in HRTech Written By: Richard Lear, CEO Missing in Action: Retention Management Category in HR Tech In reviewing criteria for the SHRMLabs Better Workplaces Challenge Cup, I noticed a category for “retention” missing from their preferred solutions list. See below. Though, they do list Employee Experience. So, is “employee experience” supposed to be a proxy for retention, like “employee engagement” has been for so many years? Do either of these categories actually address retention head on? I also noticed the “retention management” category conspicuously missing from...
How to Win the Compensation Game: Quit Negotiating

How to Win the Compensation Game: Quit Negotiating

How to Win the Compensation Game: Quit Negotiating Written By: Richard Lear, CEO The US tech industry is responsible for some of the biggest and most important breakthroughs of the last forty years, ones that have revolutionized how we live, work, and do business. Yet, when it comes to setting compensation for talent, even the world’s most innovative companies still rely on inexact data and outdated hiring techniques. When it comes to negotiating job offers, there’s a lot of unnecessary back and forth. It’s painful, unfair, and inefficient. There has to be a better way. Let’s take a look at...
Closing the Pay Perception Gap

Closing the Pay Perception Gap

Closing the Pay Perception Gap Written By: When it comes to negotiating job offers, both companies and candidates encounter an inherent challenge. At the outset, key stakeholders rarely agree on compensation. In fact, the differences in perceptions of fair market pay can be substantial. Candidates typically believe they are worth as much as 20-25% more than they really are.1 Companies often begin negotiations 15-20% below actual market compensation levels.2 This is the Pay Perception Gap.  When it comes to negotiating job offers, both companies and candidates encounter an inherent challenge....