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Breaking down the essentials and exposing how easy it can be to create and manage pay bands for your organization. A pay band is a salary range that defines the minimum and maximum compensation for a specific job, job level, or group of similar positions within an organization. It establishes the boundaries within which an […]
Written by LaborIQ Staff Writer on May 28, 2025
Pay bands and pay ranges represent fundamentally different approaches to compensation structure design, each offering distinct advantages for talent management, budget planning, and organizational flexibility. While often used interchangeably, these compensation frameworks require different implementation strategies, management approaches, and administrative capabilities. This article examines the critical distinctions between pay bands and pay ranges, providing HR […]
Written by LaborIQ Staff Writer on May 21, 2025
Compensation software has become a critical part of modern compensation strategy, helping organizations move beyond administrative tasks to make smarter, data-driven decisions. As pay transparency laws expand and talent competition intensifies, HR professionals require sophisticated technology platforms to manage complex compensation decisions, ensure legal compliance, and maintain a competitive advantage. This article examines how compensation […]
Written by LaborIQ Staff Writer on May 13, 2025
California has several pay transparency laws that create comprehensive requirements for employers. The laws are among the most comprehensive in the nation, having influenced similar legislation in other states. SB 1162 (2023) – Primary Pay Transparency Law Job Posting Requirements: Employers with 15 or more employees must include salary or hourly wage ranges in […]
Written by LaborIQ Staff Writer on May 7, 2025
April’s jobs report paints a picture of a solid U.S. labor market. Businesses added 177,000 new jobs in April, just above expectations of around 140,000. The unemployment rate held steady at 4.2%, and 12-month was also unchanged at 3.8%. The Labor Market is a Bright Spot amid Growing Uncertainty Once again, the jobs report and […]
Written by Mallory Vachon, PhD on May 2, 2025
