Compensation Blog

Comp News

Incidental Bonuses Are Becoming Increasingly Popular

COMP NEWS - Organizations are increasingly turning to incidental bonuses and other variable-pay compensation in order to reward long-term employees. The use of referral, sign-on, spot and retention bonus programs continues to rise as organizations seek forms of cash...

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Boeing Workers Plan to Demand a 40% Pay Increase

COMP NEWS - Unionized workers at Boeing are planning to ask for a 40% raise and better health insurance, setting the stage for what is sure to be an intense negotiation between workers and management. Boeing has been under intense scrutiny following a dangerous...

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UK Employees Set to See Slip in Salary Rises in 2024

COMP NEWS - UK employees will see lesser increases in salary increases in 2024 as companies plan to spend money to increase their workforce numbers. UK employees can expect lower salary increases as employers reduce hiring plans for 2024, with a widening wage gap seen...

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Feds Need 7.4% Pay Raise Next Year to Close Pay Gap

COMP NEWS - Federal employees need a sizable pay bump next year to begin closing the pay gap between the public and private sectors. Federal employees earn around 27.5% less on average than their peers in the public sector. Federal employees earn 27.5% less on average...

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Hyundai Workers Announce Union as UAW Continues to Expand

COMP NEWS - Workers at the only Hyundai plant in the U.S. have successfully unionized under the United Auto Workers (UAW), marking another expansion for the country's largest automaker union. Thirty percent of the workers at the sole Hyundai plant in the U.S., in...

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