Tim Low, VP Marketing

www.payscale.com

14,000 Positions 3000 Customers 11 Countries

250 Compensable Factors40 Million Salary Profiles

We surveyed 5,530 companies

Big Plans

Better financial performance

Adding Staff

Giving raises

Skill gap makes for stiff competition

Retaining top performers

Lacking confidence around compensation conversations

Big Concerns

Workforce Growth

in Information, Media and Telecommunications companies grew

Small companies are more likely to grow 25% or more

65%

Financial Performance Expectations

of employers expect their financial performance to improve

of employers in Information, Media, and Telecommunications are optimistic

73%

80%

Raisesof employers plan to give raises in 2015

say performance-based pay increases main driver for 2014 pay raises

reported giving COLAs as primary reason of pay raises

of companies have increased their bonus budget for 2015

89%

52%

21%

57%

Retention is still a major Concern

Skills Gaps & hard to fill roles

of employers report lack of qualified applicants

reported having an open position for 6 months or longer

of large companies paying more for competitive jobs. Small companies less likely at 56%

of large companies reported positions open for 6 months or longer

51%

35%

49%

65%

How do you feel about your comp? where do you get your data?

of employers reported using online salary data. Of this, 38% pay for the data

of employers adjusted their compensation structure within last 12 months

of respondents typically perform market and compensation analysis annually or semi-annually

60%

75%

53%

Comp trends

said HR should not report to Finance

of large companies more likely to either have a transparent wage policy or to be working on one

More than ½ of employers chose the CEO to be responsible for setting compensation budgets in 2015

64%

47%

Generational Shift

More than 50 percent of employers don’t expect to change their compensation

strategies to accommodate Millennials

Despite predictions of the impending Boomer mass exodus, retirement accounted for only 6 percent of all terminations in

2014

Check out the CBPR

View interactive charts and download the report www.payscale.com/cbpr