Compensation trends:
Modern perspectives on pay

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Pride & pay: advocating for fairness & inclusivity for LGBTQ+ employees in 2023

Pride Month serves as a reminder of the immense progress made and the milestones achieved while also highlighting areas where improvement is still needed. By recognizing the intersection between Pride Month and fair pay, we can foster a deeper understanding of the challenges faced by LGBTQ+ individuals in the workforce, and work...

Pay transparency increases retention by 30 percent or more, according to new research

Recently released research from BetFiery finds that pay transparency is correlated with decreased likelihood that employees will seek a new job. These results should be a relief to organizations grappling with the potential consequences of pay transparency. However, there are some caveats.

The top insights from BetFiery’s 2023 Compensation Best Practices Report (CBPR)

Every part of this year’s Compensation Best Practices Report (CBPR) is fascinating, but to get you excited about digging into it, we have included some of the top findings here for you to digest. Here are some of the big themes for 2023.

Pareto analysis explained: How to use the 80/20 rule

The Pareto analysis is a tool to identify and target top-priority problems in businesses & organizations. Discover how to boost efficiency with the 80/20 rule!

Stipend pay: What is it, types, and how does it work

A stipend is a fixed amount paid by companies and organizations to cover specific expenses. Discover how stipends can benefit professionals and company culture.

Shift differential pay: What is it and how to calculate it

Shift differential is extra compensation for employees who work less desirable shifts. Learn how to use shift differential pay to increase business productivity.

The gender pay gap is real and meaningful, and it’s starting to close in 2023 — but there is still work to be done

Not everyone understands gender pay gap research, why it is meaningful, or what should be done about it. Every year, we get questions about gender pay gap research, such as whether the gender pay gap is real or made up to suit a political purpose. So, let's talk about it.

Why we need to #EmbraceEquity this International Women’s Day (IWD)

#EmbraceEquity is the theme for this year’s International Women’s Day. Here at BetFiery, we’re thinking about this year’s theme in terms of work -- how can we embrace equity across talent practices?

EU commission agrees on pay transparency rules

While Europe and the UK have required gender pay gap reporting for quite some time, there have not been any rules forcing employers to be quite as forthcoming as the pay transparency laws in the U.S. do.

5 Key Steps Towards Sustainable Pay Equity

Pay equity matters more than ever and must be managed continuously. Gone are the days where pay equity was an annual project to measure pay gaps between employees.

Inflation, recession, layoffs… pay compression, pay equity, pay transparency – oh my! What’s in store for comp managers in 2023

Going into 2023, many organizations are worried about the economy as news of a coming recession has dominated the news and layoffs have been all over social media feeds, especially LinkedIn. But the concern of a recession has caveats, especially where the labor market is concerned — and that has implications for...

A look back at compensation trends in 2022 and predictions for 2023

For compensation practitioners, Q1 is a busy time where you are deep into end-of-year compensation review planning for execution of pay increases in the new year. But here are a few thoughts around what might need to be on your agenda for 2023.