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Top 10 HR Myths

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Newsflash: everything you know to be true is actually false. Oysters aren't aphrodisiacs. You've been drinking 8 glasses of water-the worst of all beverages-for no reason. You could have been swimming more. Like, WAY more. Indeed, the truth ahead could be painful. But if you think you can handle it, read on... Contents Oysters are Aphrodisiacs 3 Women Make Less Than Men for Doing the Same Job People Don't Leave Their Jobs Because of Pay 13 5 It Takes 7 Years to Digest Swallowed Gum 15 7 Employers Talking to Their Employees About Pay Will Incite a Riot 17 Instituting a Pay for Performance System isn't "Fair" 9 Bathroom Door Handles are Full of Bacteria 19 George Washington had Wooden Teeth 11 Pay for Performance Raises Will Cost Us More Money 21 Dropping a Penny on Someone from the Empire State Building will Kill Them PayScale: The Modern Compensation Company www.payscale.com


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oysters are aphrodisiacs PayScale: The Modern Compensation Company www.payscale.com


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Contrary to popular belief, these infamous bivalves are not as bow-chicka-wow-wow inducing as we have been led to believe. This claim was started by Casanova himself in 18th century Venice, where, devoid of modern medicine, Casanova ate dozens of oysters as preparation for his amorous activities. However, there is no scientific evidence that oysters are the Viagra of the Sea—and any success is generally chalked up to the placebo effect. Moral of the story: Don’t believe everything you read in 18th century literature. Also, take the money you would have spent on oysters and invest it in a sensible 401k. Ladies love stability! Original Source: The New York Times PayScale: The Modern Compensation Company www.payscale.com


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WOMEN MAKE LESS THAN MEN FOR DOING THE SAME JOB PayScale: The Modern Compensation Company www.payscale.com


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While a pay gap does exist, it is smaller than most people think. For women and men in identical roles, the pay gap is 2.7%. This myth originates from the fact that, when all women’s jobs are compared to all men’s jobs, the pay gap widens to 74 cents on the dollar, aka 26%, but that is because more women work in lower-paying fields. Moral of the story? Forget the pay gap and focus on this jobs gap – bring more women into leadership roles and high-paying fields. Original Source: PayScale PayScale: The Modern Compensation Company www.payscale.com


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DROPPING A PENNY ON SOMEONE FROM THE EMPIRE STATE BUILDING WILL KILL THEM PayScale: The Modern Compensation Company www.payscale.com


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According to Scientific American, a penny is too small, too flat, and cushioned by too much air to transform into a torpedo. Far from bludgeoning your enemies to death, the actual affect of hitting someone with a penny by dropping it off the top of The Empire State Building would feel like “being flicked in the forehead, but not even very hard,” the article stated. This info should surprise no one because, let’s face it, pennies are stupid. They are America’s worst currency. On that note, if you want to kill someone with pennies, try paying for your morning latte exclusively with them, until those around you perish of rage and boredom. Bwahaha. Original Source: Scientific American PayScale: The Modern Compensation Company www.payscale.com


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INSTITUTING A PAY FOR PERFORMANCE SYSTEM ISN’T “FAIR” PayScale: The Modern Compensation Company www.payscale.com


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Saying paying for performance isn’t ‘fair’ is like saying winning a gold medal isn’t fair. In a pay for performance model, you are recognizing top performers with cash. Take a lesson from Gravity Payments. When everyone's pay is increased or equalized, your top performers won’t consider that fair and they’ll likely take their talents elsewhere. Moral of the story? Go for gold! Original Source: PayScale PayScale: The Modern Compensation Company www.payscale.com


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George Washington had wooden teeth PayScale: The Modern Compensation Company www.payscale.com


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George Washington’s teeth were made out of a lot of things, But, despite popular belief, wood wasn’t one of them. A far cry from the porcelain used in dentistry today, George Washington’s teeth were made of ivory (hippopotamus and elephant), lead, gold, and actual teeth from horses, donkeys and humans. Original Source: Smithsonian Magazine PayScale: The Modern Compensation Company www.payscale.com


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PEOPLE DON'T LEAVE THEIR JOBS BECAUSE OF PAY PayScale: The Modern Compensation Company www.payscale.com


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Not true. In 2015, the number one reason most people left companies was compensation. The majority of respondents to the 2015 Compensation Best Practices Report cited “seeking higher pay elsewhere” as the primary reason for leaving a company. Moral of story? Money CAN buy you love. Original Source: PayScale 2015 Compensation Best Practices Report PayScale: The Modern Compensation Company www.payscale.com


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IT TAKES 7 YEARS TO DIGEST SWALLOWED GUM PayScale: The Modern Compensation Company www.payscale.com


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Not to worry; that gum you swallowed in a panic to avoid detention did not linger in your digestive track beyond your high school years. Though the majority of gum matter is in fact indigestible, the relatively small size of the average piece of gum allows it to flow freely through the digestive track and out of your body in far less than seven years. Moral of the story: this too shall pass. Original Source: Scientific American PayScale: The Modern Compensation Company www.payscale.com


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EMPLOYERS TALKING TO THEIR EMPLOYEES ABOUT PAY WILL INCITE A RIOT My manager lied. he makes HOW MUCH? I am so out of here! PayScale: The Modern Compensation Company www.payscale.com


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If you aren’t talking with employees about pay, chances are they are talking to one another—creating their own story of your compensation philosophy. Not a good thing. PayScale, the compensation software company, surveyed 71,000 employees to study the relationship between pay and transparency.  The study found that transparent conversations about money can actually mitigate low pay. So, if an employer pays lower than the market average for a position, but How much do communicates clearly about the reasons for the smaller they pay you? paycheck, 82% of employees surveyed still felt satisfied with their work. Original Source: Harvard Business Review PayScale: The Modern Compensation Company www.payscale.com


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BATHROOM DOOR HANDLES ARE FULL OF BACTERIA PayScale: The Modern Compensation Company www.payscale.com


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No need to grab that paper towel to open the bathroom door, but you may want to avoid the hand dryer. Turns out the dirtiest places in public restrooms are the floors (no surprise there) and the hand dryers! ABC News 20/20 found the toilet seat and the door handle to be the cleanest spots in a public restroom. They even went as far as to say that it may be cleaner to eat your lunch off the toilet seat than your desk. Eww. Original Source: ABC News PayScale: The Modern Compensation Company www.payscale.com


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PAY FOR PERFORMANCE RAISES WILL COST US MORE MONEY PayScale: The Modern Compensation Company www.payscale.com


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This one’s a little tricky. Pay for performance could cost you more, if you do it wrong. Do it right—aka don’t reward under-performing employees—and it will likely save you money. Rewarding your top performers will also reduce your cost of turnover—happy employees don’t leave. Think of it this way, if you don’t pay your top performers what they deserve, your competitor will. Ouch. Original Source: PayScale PayScale: The Modern Compensation Company www.payscale.com


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PayScale is committed to purging bad data from the world, starting with faulty salary data. Learn about PayScale's innovative crowdsourcing method for providing the most accurate salary data in the world: CLICK HERE TO LEARN MORE ABOUT PAYSCALE


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