Will Crashing Tech Stocks Kill Employee Bonuses?

by Brennan | May 20, 2022 | Comp News | 0 comments

COMP NEWS – As the market continues to bleed red, employees in Silicon Valley are feeling an unusual fear – that crashing tech stocks may tank their employee bonuses. Tumbling tech valuations imperil employee retention and corporate cash flows. The plunge...

CEO Pay Packages Rose To New Heights in 2021, Over $14.7 Million

by Brennan | May 19, 2022 | Comp News | 0 comments

COMP NEWS – CEO pay packages continued to rise in 2021, with total compensation for executives rising by over 12% last year on average. The median pay package for chief executives of the biggest U.S. companies reached $14.7 million in 2021, setting a...

Las Vegas Casino Rolls Out $5,000 Bonuses For 5,000 Employees

by Brennan | May 18, 2022 | Comp News | 0 comments

COMP NEWS – Las Vegas casino The Cosmopolitan rolled a pair of doubles for its staff: a $5,000 bonus for 5,000 of its employees. The Cosmopolitan of Las Vegas surprised its more than 5,000 employees on Wednesday with a one-time $5,000 bonus. The resort said it...

TSA Employees Looking At Higher Pay, Benefits, As House Advances Bill

by Brennan | May 17, 2022 | Comp News | 0 comments

COMP NEWS – The House recently passed new legislation to increase the pay and benefits for employees of the Transportation Security Administration. The bill also includes language which would allow over 60,000employees full collective bargaining rights, an...

Low Employee Pay – Not Just Remote Work – Straining Tech Companies’ Talent Retention

by Brennan | May 16, 2022 | Comp News | 0 comments

COMP NEWS – Despite record profits, Silicon Valley has been undergoing an employee retention crisis. The Great Resignation has threatened tech companies with wide-scale talent migrations over the removal of remote work policies that have become massively popular...