This excerpt from David Weaver's work stresses the importance of effective compensation communication within organizations. It highlights the need to tailor communication strategies to different employee levels - senior executives, managers, and employees - emphasizing transparency, data-driven explanations, and consistent messaging. The article advocates for providing adequate training to managers and utilizing technology to enhance clarity and accessibility of compensation information. Ultimat...
Mar 02, 2025•15 min
In this episode of the Pay Matters Podcast , the hosts discuss David Weaver’s insightful article, The Impact of Competitive Salaries on Employee Turnover . They explore the pivotal role of competitive compensation in attracting and retaining top talent, as well as the broader implications of pay on organizational stability.
Jan 28, 2025•3 min
In this episode of Pay Matters Podcast , the hosts dive into David Weaver’s insights on why employee recognition is essential for driving engagement, retention, and productivity. They explore practical strategies to create a culture of appreciation, personalize rewards, and leverage technology to make recognition a core part of workplace culture. Whether you’re an HR leader or team manager, this episode offers actionable tips to boost morale and foster loyalty within your workforce....
Jan 14, 2025•4 min
In this episode of Pay Matters Podcast, the hosts explore David Weaver’s expert guide on developing job architecture – a crucial framework for scaling organizations, ensuring pay equity, and streamlining career progression. They break down David’s essential steps, from conducting job analysis to aligning roles with market data and communicating changes across teams. Discover how structuring roles and defining career paths can drive growth, boost employee engagement, and create a foundation for l...
Jan 06, 2025•4 min
In the first episode of Season 3, the Pay Matters Podcast explores David Weaver’s expert insights on the evolving landscape of employee compensation in 2025. From pay transparency to skills-based pay and the role of AI in planning, they discuss the key trends that will shape the workforce this year.
Jan 03, 2025•4 min
In this episode of the Pay Matters Podcast , we dive into the exciting launch of the Compensation Hall of Fame —a groundbreaking initiative to honor the visionaries and trailblazers in the compensation and total rewards space. We explain how this Hall of Fame recognizes individuals who have redefined pay strategies, advanced fairness, and set new standards for compensation practices globally.
Dec 17, 2024•2 min
Salary transparency and equal pay legislation are becoming increasingly common across states. The article by David Weaver argues that organizations should proactively comply with these regulations rather than waiting until they are enforced. Weaver outlines five key reasons why proactive compliance is beneficial, including avoiding legal penalties, building trust with employees, attracting top talent, fostering a more inclusive workplace culture, and improving business performance. By implementi...
Dec 11, 2024•5 min
This episode is based on an article by David Weaver that provides advice on how to effectively negotiate salary and focus on the importance of knowing your worth. He suggests highlighting your unique value, considering the entire compensation package, using timing strategically, practicing positive framing and active listening, and understanding when and how to walk away. Weaver, a compensation expert, emphasizes the need to approach salary negotiations with confidence, clarity, and a strategic ...
Dec 03, 2024•16 min
This discussion is based on David Weaver’s article on the HR professional's guide to creating salary ranges. The talk explains the importance of salary ranges in controlling labor costs and managing employee compensation. It outlines a four-step process for establishing salary ranges, starting with grouping jobs into grades based on their value, then setting the minimum, midpoint, and maximum for each grade. Weaver emphasizes the need to consider range overlap and connect the salary structure to...
Nov 22, 2024•14 min
A federal court overturned the Biden administration's rule that aimed to expand overtime pay eligibility to millions of U.S. workers. The rule, finalized by the U.S. Department of Labor in April 2024, sought to increase the salary threshold for white-collar exemptions under the Fair Labor Standards Act. The judge ruled that the DOL overstepped its authority by focusing solely on salary rather than job duties, deeming the rule invalid. Consequently, the previous salary threshold remains in effect...
Nov 18, 2024•4 min
Based on David Weaver’s article on geographic pay, the discussion provides guidance on how to determine and implement geographic pay differentials. It emphasizes the importance of using reliable local compensation data to ensure competitive salaries across different geographic markets. The author recommends considering the cost of labor, rather than the cost of living, when making pay adjustments. Two methods for applying geographic pay differentials are discussed: applying the differential only...
Nov 12, 2024•11 min
This discussion based on the article, written by David Weaver, a compensation expert, addresses the reliability of free online salary data. The article argues that free sources often lack important information, such as the data's origin, effective date, and audit trails. It also highlights the potential for inaccurate data due to self-reported information and the absence of proper job matching and validation. Weaver suggests nine factors to consider when evaluating the trustworthiness of free on...
Nov 04, 2024•11 min
In this insightful episode of the Pay Matters Podcast, host Finn sits down with compensation expert David Weaver to discuss the vital role of compensation professionals within organizations. They delve into why every company, from small startups to large enterprises, should prioritize having a dedicated compensation expert, or even an entire team, to create fair, strategic, and compliant pay structures. Weaver highlights how compensation professionals help mitigate risks, ensure regulatory compl...
Oct 29, 2024•7 min
Pay compression occurs when new hires are paid more than existing employees in the same role, leading to resentment and higher labor costs. This discussion, based on David Weaver’s article explains the symptoms and causes of pay compression, such as hiring for in-demand skills, long-term employees, salary freezes, and a lack of market adjustments. It also outlines steps to diagnose, and address pay compression, including internal equity analysis, market adjustments, and implementing a pay "welln...
Oct 28, 2024•4 min
In this episode of the Pay Matters Podcast, Laurie sits down with compensation expert David Weaver to discuss the latest trends shaping the compensation landscape. From the growing emphasis on salary transparency and pay equity to recent changes in the Fair Labor Standards Act (FLSA), this episode is packed with insights every HR and compensation professional needs to know.
Oct 25, 2024•6 min
This discussion is based on the article “Compensation Metrics Made Easy” by David Weaver, a compensation expert, who outlines the importance of tracking and measuring compensation metrics to improve business performance. The talk provides ten key metrics that every compensation program should monitor, including market index, compa-ratio, market ratio, salary range penetration, average compensation per employee, compensation revenue factor, compensation expense factor, bonus pay percent, percent ...
Oct 22, 2024•5 min
The discussion addresses the issue of "red circle" employees, which are employees whose salaries exceed the maximum for their pay grade. David Weaver, author of the article Handling Red Circle Employees points out common reasons why red circles occur, such as employees who have received numerous salary increases over time without promotions or employees hired at the top of their pay range due to salary requirements. Several strategies for managing red circles are presented, including salary free...
Oct 15, 2024•7 min
This discussion stems from an article written by compensation expert David Weaver where he explains how to determine promotional increases for employees. The talk outlines a method for calculating promotional increases based on salary ranges, performance, and market competitiveness. It also discusses the inclusion of merit increases alongside promotions and the handling of lateral moves and demotions. Weaver emphasizes the importance of rewarding high performers with appropriate increases to ret...
Oct 10, 2024•10 min
This discussion focuses on the Compensation Analyst Academy, an organization that offers certification programs in compensation analysis for human resources professionals. This episode explains the benefits of becoming a Certified Compensation Analyst (CCA), which include enhanced knowledge and skills, improved credibility, increased earning potential, strategic influence on organizational success, and mastery of regulatory compliance and equity. The talk highlights the Academy's training progra...
Oct 08, 2024•11 min
The U.S. Department of Labor has finalized an update to the Fair Labor Standards Act (FLSA) regarding salary minimums for exempt employees, commonly known as the "Overtime Rule." This rule, effective July 1, 2024, increases the annual compensation threshold for exempt employees from $35,568 to $43,888. Further increases are scheduled for 2025 and every three years thereafter. These adjustments are designed to reflect current wage data and ensure fair compensation for employees who are eligible f...
Oct 08, 2024•9 min
This episode discusses David Weaver's article on the rise of pay transparency in the United States, specifically the shift from broad salary bands to narrower ones. This change is being driven by both legislative efforts, with several states requiring employers to disclose salary ranges in job postings, and societal shifts, particularly among younger generations who prioritize transparency and fairness. Weaver argues that this shift toward transparency benefits both employees and employers by cr...
Oct 07, 2024•8 min
This episode discusses David Weaver's new children's book, " Pay Matters to Kids ," which aims to introduce young children to basic financial literacy concepts such as earning, saving, and budgeting. The book uses engaging storytelling and colorful illustrations to make these concepts accessible and relatable to children. Weaver emphasizes the importance of financial literacy from a young age and believes that this book will empower children to make informed decisions about money in the future. ...
Oct 07, 2024•4 min
This lively discussion explains how the new Salary Transparency Law in Massachusetts will affect employers. The law requires businesses to include salary ranges in job postings, both internally and externally, and to be transparent about pay during the interview process. David Weaver's article provides guidance on how to comply with the law, including updating job descriptions, conducting pay equity audits, and training managers on how to discuss pay ranges. It also emphasizes the importance of ...
Oct 07, 2024•16 min
In this episode, I’m joined by David Buckmaster and we talk about Compensation trends, high demand jobs, pay sincerity and his book Fair Pay. David can be found on LinkedIn and on his website: https://www.davidbuckmasterbooks.com/ The award-winning and bestselling HR book Pay Matters can be found at https://paymattersbook.com/ or on Amazon.
Jul 22, 2021•39 min
In this episode, I’m joined by Cece Leung and we talk about Accounting trends, hot jobs in Finance, pay for the Accounting function and her bestselling book Dear Accountant. Cece can be found on LinkedIn and on her website: https://www.ceceleung.com/ The award-winning and bestselling HR book Pay Matters can be found at https://paymattersbook.com/ or on Amazon.
Jul 15, 2021•29 min
In this episode, I’m joined by Angela Shaw and we talk about HR trends, DEI initiatives and her career re-invention. Angela can be found on LinkedIn at: https://www.linkedin.com/in/angelalshaw/ The award-winning and bestselling HR book Pay Matters can be found at https://paymattersbook.com/ or on Amazon.
Jun 24, 2021•27 min
In this episode, I’m joined by Ted Harrington and we talk about information security jobs, ransomware attacks and his new book Hackable . Ted and his book can be found at: https://www.tedharrington.com The bestselling HR book Pay Matters can be found at https://paymattersbook.com/ or on Amazon.
Jun 17, 2021•35 min
In this episode, I’m joined by Laura Calandrella and we talk about green jobs, diversity in the workplace and her new book Our Next Evolution. Laura and her book can be found at: https://www.lauracalandrella.com/ The bestselling HR book Pay Matters can be found at https://paymattersbook.com/ or on Amazon.
May 27, 2021•25 min
In this episode, I’m joined by Marney Andes and we talk about trends in Human Resources, performance improvement, and her new book Start with the Give-Me Shots . Marney and her book can be found at: https://www.marneyandes.com/ The bestselling HR book Pay Matters can be found at https://paymattersbook.com/ or on Amazon.
May 20, 2021•32 min
In this episode, I reveal what HR professionals earn from the Compensation and HR Group's Annual Compensation Survey. The bestselling HR book Pay Matters can be found at https://paymattersbook.com/ or on Amazon.
May 13, 2021•9 min
