by Ian Otto | Oct 7, 2020 | Comp News |
Viswanath PS, CFO, Randstad India, pointed out that companies can no longer afford to pay the salaries they used to because the pandemic has disrupted earnings. He cited a March report from Deloitte which found that nearly a fourth of companies surveyed had changed...
by Ian Otto | Sep 30, 2020 | Comp News |
Fed Study: Wage growth an “illusion” that’s “almost entirely attributable” to low-wage job losses “The median usual weekly earnings measure that we focus on here is not an exception. Other measures of wage growth — like average...
by Ian Otto | Sep 30, 2020 | Comp News |
Facebook, VMware, Netflix employees willing to trade pay for work-life balance and lower cost of living A new questionnaire on Blind found that 44% of professionals would accept a pay cut in exchange for lower cost of living and better work-life balance....
by Ian Otto | Sep 30, 2020 | Comp News |
Milbank Paying Pandemic Bonus with 50% Boost for Some Associates Milbank has matched the pandemic-related associate bonuses handed out by Davis Polk & Wardwell earlier this week with a further 50% payout to lawyers who have worked extra long hours during the virus...
by Ian Otto | Sep 30, 2020 | Comp News |
Mayo Clinic workers to recover pandemic-related salary cuts, get $1000 bonuses Mayo Clinic will pay back workers whose salaries were reduced because of pandemic losses, and allied health staff will receive a $1,000 bonus payment, according to the Post Bulletin....
