Changing Employer Market Leaves Digital Health Companies Rethinking Strategy

by Brennan | Feb 1, 2023 | Comp News | 0 comments

COMP NEWS – The rapidly changing employer market is having an effect on digital healthcare solutions, according to several key figures in the field. Since the mid-2010s and until recently, digital health companies selling to employers had found an enthusiastic...

Wage Growth Slowed in 2022 Q4, Leading Some To Hope For Economic Recovery

by Brennan | Jan 31, 2023 | Comp News | 0 comments

COMP NEWS – A new report from the U.S. Department of Labor indicates that wage growth slowed in the fourth quarter of 2022, inspiring hope in some economists for a smooth economy in the coming year. Compensation costs for civilian workers climbed 1% in the...

Bankrupt Crypto Lender BlockFi Goes to Court – To Prove it Should Be Able to Pay Employee Bonuses

by Brennan | Jan 30, 2023 | Comp News | 0 comments

COMP NEWS – BlockFi, a crypto lender company that went bankrupt in the wake of the now famous collapse of crypto exchange FTX, went to court over employee compensation last week. But the troubled company wasn’t there to fight against giving out due...

Spotify Is Laying Off 6 Percent of Its Global Workforce, CEO announces

by Brennan | Jan 27, 2023 | Comp News | 0 comments

COMP NEWS – Spotify is laying off 6 percent of its global workforce, according to the company’s CEO. Affected staff will reportedly receive an average of five months’ severance. Spotify will lay off 6 percent of its workforce globally, the company’s...

Southwest Airlines to Pay $45M Bonuses to Staff Who Worked During Christmas Meltdown

by Brennan | Jan 26, 2023 | Comp News | 0 comments

COMP NEWS – Southwest Airlines announced its intentions to pay $45 million in bonuses to pilots and flight attendants who worked through the organization’s catastrophic shutdown of over 16,000 holiday flights last month. Amid continued fallout from its...