Comp News
Why Compensation Planning Needs Comprehensive Service
Important Considerations When Choosing a Compensation Module One thing remains true in the marketplace of services: people don’t remember how crucial customer service is until they receive a...
The Golden Ratio for Choosing Compensation Software
This is our first entry in a four-piece series entitled Rethinking Compensation’s Role in the HR Suite. This article is about the Golden Ratio of Compensation and why organizations should consider it when shopping for an HR software suite.
Why Compensation Professionals Still Love Excel
Why Compensation Professionals Still Love Excel by David Creelman It’s popular and easy to criticize Excel. Spreadsheets are prone to human errors, labor intensive, and difficult to use...
How to Deal with Wage Inflation in an Unstable Environment
How to deal with wage inflation in an unstable environment By David Creelman Many organizations are finding it challenging to hire the workers they need in today’s inflationary economy. This puts...
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...
How Compensation Managers Should Approach Automation
This is an article in an ongoing series by David Creelman about redesigning compensation planning to acquire and retain top performers. This week's article is about compensation automation. You can...
A Risk Management View of Incentive Plans
This is the sixth article in an ongoing series by David Creelman about redesigning compensation planning to acquire and retain top performers. This week's article is about risk management in...
Does Your Salary Adjustment Letter Look Like a Lawyer Wrote It?
This is the fifth article in an ongoing series by David Creelman about redesigning compensation planning to acquire and retain top performers. This week's article is about salary adjustment letters....
The Truth About Paying Remote Workers
This is the fourth article in an ongoing series by David Creelman about redesigning compensation planning to acquire and retain top performers. This week's article is about paying remote workers. To...
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...
Half of All US Job Postings on Indeed Will Soon Show Salaries Thanks to Pay Transparency Laws
COMP NEWS - With New York having just put a new salary transparency law into effect, more than half of all jobs on the popular job board site Indeed now have salary ranges listed, according to a recent report. The Empire State just rolled out its salary transparency...
Amazon Hiring 1,100 Employees in Tulsa Alongside Sizable Compensation Boost
COMP NEWS - Amazon is hiring more than 1,100 at the same time it intends to invest more than $1.3 billion into compensation, bumping up average pay in customer fulfillment and transportation roles. TULSA, Okla. (KTUL) — Amazon is hiring more than 1,100 employees in...
President Joe Biden Plans to Join Striking Autoworkers Today On Picket Line
COMP NEWS - President Joe Biden plans to join striking autoworkers from the United Auto Workers union, an unprecedented display of union solidarity by a sitting U.S. President. In an unprecedented show of solidarity with organized labor, President Joe Biden will join...
1 in 5 Companies Plan to Lower Salary Increase Budgets Next Year
COMP NEWS - New studies suggest that 1 in 5 companies plan to lower their salary increase budgets next year. More data is coming out to paint a picture of anticipated pay increases in 2024. New research from Seattle-based compensation software firm Payscale finds that...
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...
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...
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...
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...
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...
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...
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...
British Railway Company is Withholding Bonuses From Workers Who Previously Went on Strike
COMP NEWS - A British railway company is retaliating against employees who recently participated in organized strikes by refusing to pay out their annual bonuses. The company that owns and manages Britain’s vast railway network has taken a firm stance against...
Leaked Google Salary Data Shows Substantial Racial Pay Disparity
COMP NEWS - Leaked salary info from Google showcases a shocking racial disparity in pay - black staff make on average $20,000 less than their white coworkers. In addition, women are paid less than men across the company than their male counterparts. Black staff at...
