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Equity or Fairness?

Equity or Fairness?

This is an article in an ongoing series by David Creelman about redesigning compensation planning to acquire and retain top performers. You can catch up on our previous discussions by clicking...

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Apple Slashes Pay Raises for Retail Employees as Revenue Drops

COMP NEWS - The world's most valuable company is slashing pay raises this year after slowing demand for iPhones caused earnings to take a dip in recent quarters. Apple is cutting annual pay raises this year for its retail staffers as the company has seen its earnings...

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Tech Sector Salaries Continue to Grow in Softening Market

COMP NEWS - A new survey out of the Canadian tech sector shows that industry salaries are still growing despite indications of a slowing labor market. VANCOUVER, British Columbia--(BUSINESS WIRE)--TAP Network’s 2023 Tech Salary and Total Rewards Survey, reporting...

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Growth in Total Compensation Cost Slows for Employers

COMP NEWS - Data shows that employers are spending more on employees' overall compensation than usual, but that the gap is shrinking at total compensation costs slow down. Employers spent more on employees' overall compensation from March to June this year, according...

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White House Gives Government Staff a Pay Bump of 5.2%

COMP NEWS - The Biden administration is giving federal workers new overtime considerations along with a sizable federal pay increase. President Joe Biden is giving federal workers a 5.2% federal pay increase next year, the White House said on Thursday. Biden wrote a...

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Survey: Business Aviation Pilot Salaries Up 12 Percent

COMP NEWS - A new survey indicates that business aviation pilots are seeing a sizable pay raise - up nearly 12 percent from last year. The National Business Aviation Association (NBAA) says business aviation pilots saw average pay raises of about 12 percent in the...

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United Auto Workers Members Officially Go on Strike

COMP NEWS - The United Auto Workers union has officially gone on strike at three major U.S. assembly plants for General Motors, Ford Motor, and Stellantis. DETROIT – Thousands of members of the United Auto Workers went on strike at three U.S. assembly plants...

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More And More States Are Passing Paid Leave Laws

COMP NEWS - Paid family and medical leave continues to grow in popularity, with nearly 18 states set to legislate compliance by the end of 2026. Paid family and medical leave compliance is set to become even more complex over the next three years, and employers that...

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New York Pay Transparency Law Will Soon Go Into Effect

COMP NEWS - A New York pay transparency law passed last year is set to go into effect next week, forcing companies to share salary expectations with employees "in good faith." Many New Yorkers may soon discover how underpaid they are. On September 17, New York is set...

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