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The purpose of statistics in compensation is to provide mathematical tools to objectively identify and describe how much jobs are worth and how to pay employees in the context of organizational goals. Compensation professionals are tasked with making a business case for a recommendation to change pay or pay program by analyzing the underlying assumptions, pulling data from the right source, and preparing concise conclusions for the management team.

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Top Stories: Lodging & Gaming
10 Things To Know: Industries Affecting Hotels
Experts from outside the hotel industry shared outlooks and market trends that will have an effect on hotels last week during the closing general session at the 6th annual Hotel Data Conference presented by STR and Hotel News Now.  
(Hotel News Now)   Read the complete article
Hilton Now Allows Guests to Select Their Exact Hotel Room
In July, Hilton became the first hospitality company to offer room selection and customization via mobile and Internet-based floor plans. Part of a company-wide initiative to focus on the digital and technology space, the offering was conceived based on feedback from travelers.
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Atlantic City Fears Closing Casinos May Be Eyesore
Before summer ends, Revel, Trump Plaza, the Showboat and the Atlantic Club will be shuttered ex-casinos, leaving Atlantic City officials looking for a way to avoid having dark, empty shells on its signature Boardwalk.
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Top Stories: Healthcare
The 3 Words That Will Motivate Your Employees
Healthcare leaders understand that the ability to drive an organization toward its goals lies in the ability of each level of management to motivate the level below it - to empower others to perform certain behaviors or meet certain benchmarks.
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Cardiologist Compensation Declining: 3 Things To Know
After rising steadily for years, overall cardiology compensation decreased by almost 8 percent from 2012 to 2013, although they remain top earners among subspecialty physicians, according to Medaxiom's 2014 Provider Compensation & Productivity Report.
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Modern Healthcare's 2014 Best Places to Work in Healthcare
No matter what the industry, it's an organization's staff that makes all the difference in customer care. That's exceptionally true in healthcare, since the bottom line is patient safety and quality of services delivered. And top talent always gravitates toward the best places to work. 
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Top Stories: Human Resources
What Organizations Need Now From Human Resources
The job of Human Resources today is to make people and organizations grow, yet it has only marginally evolved since its inception around the end of the nineteenth century. Starting as "Personnel," to protect women and girls in industrial environments, it gradually morphed into other realms including employee hiring, firing, attendance, and compensation.  
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Severance Agreements: The New Lightening Rod
EEOC has made recent headlines by filing two lawsuits - one under Title VII and one under the Age Discrimination In Employment Act (ADEA) - against companies based on fairly generic severance agreements with employees  
(4Hoteliers)  Read the complete article
6 Envy-Inducing Work Perks That Save Employees Money
While these ubiquitous work perks are nice-and may make going to the office a little easier on some days-they're probably not doing much for your financial life.  And that's precisely why some organizations have come to the conclusion that the best and most unique employee benefits don't just keep employees happy-they also put some extra cash into their pockets.
(Forbes)  Read the complete article
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WageWatch provides valuable compensation and salary surveys online across multiple industries and geographic markets to human resource professionals, hiring managers, associations, employers, and other executives at the best price. Our cost-effective online salary and compensation surveys and reports are designed to help employers with hiring employees, employee retention, employee pay and recognition, employee benefits, budget planning, market pricing jobs and salary range decisions.
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