COMP NEWS - As most of the U.S. financial sector considers tightening its belt in the face of an uncertain economic future, Goldman Sachs is opening their purses - but only for select high-performers. NEW YORK, Nov 14 (Reuters) - Goldman Sachs (GS.N) bosses are...

COMP NEWS - U.S. employers aim to temper compensation increases in 2024 after several consecutive years of fast-rising pay raises. U.S. employers are planning smaller pay increases in 2024 compared to this year—and organizations say increases could decline more if...

COMP NEWS - The majority of Americans view tip pooling, a practice where restaurant servers pool their combined tips and distribute them evenly, as an unfair compensation practice for employees. Most U.S. adults in a recent Pew Research Center survey said that the...

COMP NEWS - Wages grew at a steady pace between July and September, though it slowed compared to the rapid pace seen in the first half of 2023. WASHINGTON (AP) — Wages and benefits grew at a slightly faster pace in the July-September quarter than the previous three...

COMP NEWS - Bonuses for bankers are expected to be less in 2023 than in previous years, according to a new compensation study. NEW YORK, Nov 14 (Reuters) - Bonuses for investment bankers advising companies on mergers and acquisitions are expected to drop by 15% to 25%...

COMP NEWS - Workers are becoming burnt out from mandatory overtime shifts, as some professions have begun logging four to six times the amount of overtime in 2023 than they did in 2019. Virginia Beach firefighter Max Gonano was coming off a 24-hour shift on Father’s...

COMP NEWS - Honda production workers are seeing a sizable wage increase of 11% that will take place in 2024. Honda production workers in Ohio and elsewhere in the U.S. will get an 11% raise on Jan. 1, the automaker said Friday. "Honda has been committed to maintaining...

COMP NEWS - Future Americans will be working harder and longer in their old age according to a new survey that indicates most workers today won't be able to afford to retire until their 70s.. The future of retirement in America is looking bleak, with 83% of Americans...

COMP NEWS - SAG-AFTRA has finally reached a tentative agreement with Hollywood studios after four months of striking. After a grueling 118 days on strike, SAG-AFTRA has officially reached a tentative agreement on a new three-year contract with studios, a move that is...

COMP NEWS - A newly released report indicates that small businesses that provide family-friendly work benefits such as parental leave and flexible work options have an easier time retaining talent. Small businesses that offer benefits such as health coverage, parental...

COMP NEWS - A new survey indicates that hybrid work scheduling remains a highly-prioritized benefit for employees, even though few are asked if they prefer it. Employees say they’re generally excluded from discussions about hybrid work and the return to the office —...

COMP NEWS - The Illinois Supreme Court is boosting the pay of court-appointed attorneys, nearly doubling the maximum compensation limit. SPRINGFIELD, Ill. — The Illinois Supreme Court announced amendments to Supreme Court Rule 299 today. The change will nearly double...

COMP NEWS - The Employee Benefit Research Institute (EBRI) has released its sixth annual survey on employer financial wellness, providing key insights into how employee satisfaction and productivity are intertwined. Results from the sixth annual Financial Well-being...

COMP NEWS - California has passed a new law that will take effect in 2024 that allows workers to take up to five days off for suffering "reproductive loss," such a miscarriage or failed adoption. California workers can take five days off for reproductive loss under a...