Data in its raw form, a string or table of numbers, is of little to no value in compensation. Data has to be summarized, described, and presented with particular analysis so that a decision can be made. The key to understanding compensation market data is to report data in a way that is easy to understand. In the WageWatch Market Competitive Survey, subscribers select their competitors which create a custom set of data from peer organizations. The PeerMark Report™ contains useful statistics to measure the location of data with the set. The report shows where the central part of the data is in the form average and percentiles.
(WageWatch) Read the complete article
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Top Stories: Lodging & Gaming
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Top Stories: Human Resources
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Health Care Reform: From Speculation To Reality
Until now, it's all been talk. Starting Tuesday, health care reform will move from speculation to reality when
insurance exchanges in Washington state and across
the nation open for business.
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People without health insurance or those who buy
insurance as an individual will find out how much the Affordable Care Act will add, or subtract, to their cost
of living in 2014.
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In An Uncertain Economy, Pay Raises Hover At A Modest New Normal
Salaries for Washington area workers rose 2.5 percent
in 2013, a new survey shows, as companies remained cautious amid a lackluster economic recovery and
grappled with uncertainty surrounding federal spending
cuts. Experts and employers say the fairly small bump in
pay appears to be a new normal, since many firms are
facing leaner budgets in the wake of the recession and
are opting to reward high performers with bonuses or
other flexible forms of compensation.
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(The Washington Post) Read the complete article
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