by Brennan Zagami | Dec 12, 2023 | Comp News |
COMP NEWS – Famed toymaker Hasbro is laying off over 1,000 employees over the next six months, according to an internal memo sent to staff on Monday. Hasbro, the toymaker behind games such as Monopoly and the Transformers action figures, will lay off about 1,100...
by Brennan Zagami | Dec 11, 2023 | Comp News |
COMP NEWS – As companies seek to cut costs in order to shore up profits, white-collar employees are now seeing their benefits slashed again after a dramatic post-COVID period of expansion. With companies looking to cut costs in a high-inflation landscape, a bevy...
by Brennan Zagami | Dec 8, 2023 | Comp News |
COMP NEWS – Over 50 million employees quit their jobs in 2022, signaling to employers a need to retain top talent. In order to meet the challenge, companies are providing “soft benefits.” In 2022, the U.S. Bureau of Labor Statistics reported that...
by Brennan Zagami | Dec 7, 2023 | Comp News |
COMP NEWS – Canada’s six biggest banks are united in boosting employer bonuses across the board, even as profits receded for half of them. Half of Canada’s six biggest banks reported higher profits for their 2023 fiscal year and half saw profits sink, but...
by Brennan Zagami | Dec 6, 2023 | Comp News |
COMP NEWS – It’s that time of the year when competitive law firms ramp up their bonus compensation to attract new associates, and one Texan boutique firm has come out swinging. Another elite boutique law firm is proving that big raises aren’t just for...
