Comp News
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...
How Inflation Can Make Compensation Planning Easier
This is the third article in an ongoing series by David Creelman about redesigning compensation planning to acquire and retain top performers. This week's article is about inflation and compensation...
Redesigning Compensation For Top Performers
This is the second article in an ongoing series by David Creelman about redesigning compensation planning to acquire and retain top performers. To catch up on our discussion, you can read the first...
Netflix Shareholders Reject Multi-Million Dollar Compensation Package for Executives
COMP NEWS - Netflix shareholders have rejected a 9-figure compensation package for executives amidst an industry-wide strike from members of the Writers Guild of America. Netflix (NFLX) shareholders rejected a multi-million dollar executive compensation package on...
AI Is Coming For Mid-Career Office Workers
COMP NEWS - A new study indicates that AI may not hurt lower-skilled workers as much as mid-skilled workers in white-collar office jobs. Academics Erik Brynjolfsson, Lindsey R. Raymond, and Danielle Li recently studied the impact of access to an AI-based...
Teachers earn $67K On Average. Is Push For Raises Too Late?
COMP NEWS - As teacher shortages continue to affect the country, both Republican and Democrat politicians are pushing for pay increases and better care for teachers. HARRISBURG, Pa. (AP) — As schools across the country struggle to find teachers to hire, more governors...
United Pilots to Picket as Airline Unions Press for Pay Raise
COMP NEWS - Pilots from United Airlines, one of the country's biggest airlines, are preparing to picket as they push for higher pay. Just ahead of what could be a record-breaking summer travel season, pilots from one of the nation’s biggest airlines are preparing to...
Microsoft Workers Won’t Get Annual Pay Bump Despite $18.3 Billion In Profit In Past 3 Months
COMP NEWS - In a memo to staff, Microsoft has informed its employees that they will not receive annual pay bumps this year, despite the company's sizable revenue and profit increases. Full-time employees at Microsoft will not receive their expected annual salary...
Infosec Business Sonatype Lays Off 14 Percent of Staff, Tell Those Axed Not To Talk To Press
COMP NEWS - A software supply chain management company named Sonatype has laid off 14 percent of its workforce and followed up the unexpected cuts with a strong message - don't you dare talk to the press about this. Software supply chain management biz Sonatype has...
WGA Strike: TV and Film Writers Share Their Reasons For Striking
COMP NEWS - The Writers Guild of America has authorized its first major strike since 2007, leading to a major clash between writers seeking greater pay and benefits and the entertainment industry. Entertainment writers are striking coast to coast. The clever signs...
New Study: Large Minimum Wage Increases See Substantial Growth in Worker Pay, No Reduction in Jobs
COMP NEWS - A new study out of the Institute For Research On Labor And Employment has indicated substantial wage increases for workers rarely lead to a reduction in jobs, contrary to many popular beliefs. We present the first causal analysis of recent large minimum...
Senators Say New US Postal Service Compensation Plan Would Cut Pay to Rural Workers
COMP NEWS - A group of senators on Friday sent a letter to the U.S. Postal Service in a bid to delay the organization's new compensation system, which the senators say would cut pay for tens of thousands of postal delivery workers. WASHINGTON, May 5 (Reuters) - Six...
Workplace Incentives That Your Employees Want: A Primer
COMP NEWS - New research from the Incentive Research Foundation sheds light on the incentives employees want most. #1 on the list? Cold, hard cash. Implementing a workplace incentive program is about recognizing employees, not holding a contest. Frame your survey to...
Meta’s Zuckerberg Received $27M in ‘Other’ Compensation For 2022
COMP NEWS - Mark Zuckerberg took home nearly $27 Million dollars in expenses deemed "Other" compensation in 2022, with a large swath of that pay covering security details and private jet travel. Meta boss and human person Mark Zuckerberg was paid a nominal $1 in...
Canada Wants a New Federal Ethics Commissioner That Will Work For Cheap
COMP NEWS - Canada is on the search for a new Federal Ethics Commissioner. Specifically, they're looking for one that will work for cheap -- or nearly two-thirds of the salary that previous Ethics Commissioners have worked for. OTTAWA — The Liberal government is...
Botoff Consulting Announces Release of Compensation Survey Report
COMP NEWS - Botoff Consulting has released its first Family Office Compensation Survey for Europe and the UK. LOS ANGELES--(BUSINESS WIRE)--Botoff Consulting, a boutique compensation consulting services firm, is pleased to announce the release of our inaugural Family...
How Much Do Tech Workers Really Make In 2023?
COMP NEWS - An upcoming 2023 compensation survey report has collected data from more than 750 technology professionals to determine current salary trends for software engineers. Code & Supply, an international community of software professionals based in...
