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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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Scottish Teachers Strike Over Low Compensation

COMP NEWS - Thousands of teachers across Scotland have gone on strike over low compensation, leading to the closure of primary and secondary schools around the country. Thousands of teachers have joined rallies in Scottish cities as part of the country's first...

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French Man Wins Legal Right to Not Be ‘Fun’ at Work

COMP NEWS - In France, it's now legal to be boring at work. At least, that's what some are claiming after a French court ruled that a man was unlawfully terminated from his job for failing to be "sufficiently fun" at work. In a court ruling earlier this month, a judge...

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Less Than A Third Of Workers Think Their Compensation Is Fair

COMP NEWS - A new survey has indicated that less than a third of workers think their compensation is fair - and more than two-thirds are at risk of leaving for greener pastures and paychecks. Less than a third of employees feel that their pay is fair, according to a...

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Michigan Legislators Aim To Repeal Right-To-Work Laws

COMP NEWS - Michigan Democrats won big in the state, taking control of its House, Senate, and Governorship. Their first plan of action may be to repeal Right-To-Work laws and strengthen the rights of unions. Repealing Right-to-Work legislation in Michigan could be...

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68% Of Employers Will Increase Salaries In 2023, Survey Says

COMP NEWS - A new survey reveals good news for anyone who draws a salary: more than two-thirds of employees plan to raise salaries next year. Perhaps it’s due to a tight labor market, or high inflation, or the goodness of their hearts, but a new survey from the...

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Banker Bonuses On Wall Street Are Plunging By As Much As 45%

COMP NEWS - Wall Street investment bankers saw record-high bonuses last year. This year their windfalls will be much lower, as compensation consultant firm projects that bankers' bonuses will decrease by almost 45%. Wall Street investment bankers can expect much...

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Amazon Looking To Lay Off About 10,000 employees

COMP NEWS - Amazon is planning to lay off about 10,000 employees as soon as this week, representing nearly 3% of its corporate employees. Amazon is planning to lay off approximately 10,000 employees in corporate and technology roles beginning this week, according to a...

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Tech Industry Sees Mass Layoffs

COMP NEWS - The tech industry is undergoing a series of high-profile layoffs following a period of overzealous hiring practices. Big-name layoffs have cropped up repeatedly throughout 2022. But if it feels like more and more tech and financial firms are gearing up for...

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