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Hot Jobs, Hot Pay: 12 surging positions in D.C.

Written by Al DuPree, COO, AKRON, Inc. It’s easy to rank jobs in any year according to who makes the most. We thought it would be more interesting, informative and thought provoking to measure how the salaries for various job titles have performed over time. Why? Because while the overall number is important, how we […]

The Sharing Economy: Reshaping How On-Demand Talent is Managed (Part 2 of 2)

In The Sharing Economy: Reshaping How On-Demand Talent is Managed (Part 1 of 2), we explore how relationships in the talent and labor markets have evolved over the last 20 years and what businesses can do to manage this increased access to on-demand talent. Now, let’s look at how you can encourage and measure employee […]

The Sharing Economy: Reshaping How On-Demand Talent is Managed (Part 1 of 2)

Mention a company like Uber, Airbnb, or Lyft, and a few words come to mind. “Sharing economy,” is one, popularized by hopeful economists. But if you have more than a passing interest in labor markets, you’re more likely to think “disruption,” “redefinition,” or “upheaval.”   We tend to agree with the disruptive labels. As noted […]

The Surprising Risks Associated With Crowdsourced Salary Data

By Al DuPree on November 29, 2016 Ask any human resources manager how they determine employee salaries and you’ll soon find out just how complex salary data has become in recent years.   In the past, HR consulting companies gathered data from a broad cross section of employers and then sold the reports to human […]

Washington Post Article on annual DC area compensation surveys conducted by AKRON, Inc.

Akron, Inc has completed the 2016 HRA-NCA Compensation Survey and it is out to the Industry.  We had a chance to catch up with our friends at the Washington Post and they covered a nice story about it.  Click here to read the full article.  If you’d like to purchase the survey results for your […]

4 Tips for Switching to a Budget Growth Compensation Plan

The majority of organizations in the DC area default to a salary based compensation plan of yearly incremental salary changes. While this is a very common practice (after all, according to World at Work and Mercer, the majority of companies in the United States that offer a 2.8 to 3.0% average annual salary increase), it’s […]

Could a Budget Growth Compensation Plan Solve Your Budget Issues?

If you’re like most of the organizations in the DC area, your compensation program offers employees a traditional 2-4% yearly raise. And according to World at Work and Mercer, you’re right on track with the rest of the companies in the United States that offer a 2.8 to 3.0% average annual salary increase. But have […]

Effective Performance Evaluations Is Not an Oxymoron

Performance evaluations, reviews and assessments have been causing some talk by the HR water cooler these days. Currently, most performance evaluations are executed yearly, performed either on a common anniversary date, around the hire date of each employee, the beginning of the calendar year or the beginning of the fiscal year for the organization.  Typically, […]

Job Evaluation: How to set pay?

The labor market in this area is funny, some jobs are so in demand that you have to ‘pay what you have to’ while other jobs have so many qualified applicants that you get to hold down the pay.  So, what is the ‘best’ job evaluation system for us in the DC, VA, MD area? […]

Executive Order Mandates Paid Sick Leave for Federal Contractors

In a September 7, 2015 fact sheet, the White House estimated that 40 percent of employees in the private-sector workforce do not have paid sick leave.  Thus, the President targeted federal contractors in this effort by issuing an Executive Order on Paid Sick Leave for Federal Contractors.  The Executive Order (EO) becomes effective on January […]