Tim Low SVP Marketing

15,000 Positions 3500 Customers 11 Countries

250 Compensable Factors54 Million Salary Profiles

15,000 Positions 3500 Customers 11 Countries

250 Compensable Factors54 Million Salary Profiles

7,600 Respondents

11%

15%

8%

5%

11%11%

8%

31%

Business Engineering & Science, Technology

Retail & Customer Service Education

Manufacturing Medical & Healthcare

Nonprofit Other

45%

35%

20%

Less than 100 Employees100-1,000 EmployeesMore than 1,000 Employees

22%

51%

12%

15%

Individual Contributor

Manager

Vice President

C-Level

Meet the ComptopiansThis year, we compared compensation practices of top performers with all other companies. Top performers are defined as being market leaders who exceeded their revenue goals in 2015.

What do top performers do better?

Insights from the 2016

Compensation Best Practices

Report

The future is bright71% of companies expect their financial situation to improve in 2016.Big companies are getting bigger while the small grow less rapidly.

Fair Pay Matters

While 73% of employers consider their

employees fairly paid, only 36% of employees* feel they are paid fairly.

*Data from a separate PayScale Report which surveyed 71,000 employees.

Bridge the Comp Chasm

The data uncovers a vast chasm between employer and employee perceptions.

Retention linked to compFor the fifth year in a row, compensation, aka “seeking higher pay elsewhere,” was a top reason employees left companies.

Transparency wins

Nearly 40% of companies report that they have transparent, open communication around pay

82% of employees who are paid low to market are ok with it when the employer shares the rationale

Morale of the story: Want them to stay? Talk about pay.

Pay your people right: it’s not rocket science90% of top performing companies gave increases in 2015

Nearly half of all top performing companies who give bonuses are increasing the size of their bonus budget in the coming year

Use Variable PayIt’s actually not all about that base.

Top performing companies offer a more creative mix• Incentive plans• Discretionary bonuses• Stock options• Learning & development• Perks like catered lunches and gym memberships (and in

some cases: 13 month pay, Chinese food on pay day, and yearly training at the company castle )

End of the Data DebateMore than half of companies reported being open to both employer-submitted data and employee submitted data, as long as the data is accurate and fresh.

Welcome to Millennial Island35% of top performing companies will change their compensation strategy to accommodate Millennials, while only 28% of average companies plan to do so.

Millennials care about Transparency, Flexibility & Fairness

Hot 2016 prediction: Last year is so last year

44% of companies predict that the hottest HR trend of 2016 is a shift from an annual performance review to real time, ongoing feedback.

“The world isn’t really on an annual cycle anymore for anything.”-Susan P. Peters, Senior Vice President, Human Resources at GE

Check out the 2016 CBPRView interactive charts and download the report www.payscale.com/cbprKeep an eye out for upcoming webinars that will return you to Comptopia all year long. Viva Comptopia!