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Report: CEOs Who Pay Poorly Do Fabulously
COMP NEWS - A new Institute for Policy Studies report indicates that the more companies underpay their workers, the higher their executives' compensation is. Ticketmaster isn’t just crappy to its customers and to the musicians whose shows it manages ticket sales for....
Workers’ Average Reservation Wage Hits High Numbers
COMP NEWS - Workers average reservation wage has hit a new high, signifying that employees are prepared to continue demanding higher compensation and benefits for their labor. Employers might be eying smaller raises than they have in the past couple of years, but...
Salary Negotiations With AI? It May Be Sooner Than You Think.
COMP NEWS - Salary negotiations between two parties are complex and emotionally charged processes. Would they be any easier with a robot in the room? Some companies will find out as they explore plans to engage in salary negotiations with AI tools. Salary negotiations...
Google Engineers Rake in Big Bucks with Base Salaries up to $718,000
COMP NEWS - A leaked data report from Google shows median compensation for employees in various roles, revealing software engineers within the company can score base salaries as high as $718,000. Tech jobs have long been in the top ranks among the highest-paying...
Illinois Pay Transparency Law Mandates Pay Scale, Benefits in Job Postings
COMP NEWS - The Governor of Illinois has signed off on a pay transparency law that will compel companies to share salary ranges for job positions. Illinois Gov. J.B. Pritzker, a Democrat, on Friday signed into law pay transparency legislation that requires employers...
Uber and Lyft Threaten to Leave Minneapolis Over Driver Pay Law
COMP NEWS - A new bill that would require Uber and Lyft drivers to raise the pay of their drivers in Minneapolis is causing both companies to threaten to cease operations in the city. A bill that would mandate minimum pay levels for Uber and Lyft drivers in...
Meta Threatens Workers With Firings If They Don’t Return to Office 3 Days a Week
COMP NEWS - Meta, formerly known as Facebook, has updated its return-to-office policy with a strict warning - employees who don't come into the office 3 days a week risk losing their job. Meta is committing to its return-to-office mandate, telling employees that they...
Half of UK Employees Report Regularly Working Unpaid Hours
COMP NEWS - A new UK survey reveals that nearly half of UK employees work unpaid overtime each week. Unpaid overtime appears to have become the norm in the UK, with new research revealing that millions of employees are regularly shortening their lunch breaks and...
Amazon Expands Fertility Benefit to Workers in 50 Countries
COMP NEWS - Amazon has extended a popular fertility benefit to workers in 50 countries, allowing employees to access free virtual appointments with fertility specialists. Amazon extended access to its virtual support program for fertility and family-building benefits...
80% of Bosses Regret Instating Return-to-Office Plans
COMP NEWS - A new survey indicates that a staggering 80% of executives and workplace managers regret forcing their employees back into the office. After three years of haphazard plans for getting workers back at their desks, the return-to-office movement has entered a...
UPS Says Drivers to Make $170,000 in Pay and Benefits Following Union Deal
COMP NEWS - Following a major breakthrough deal, UPS drivers will earn an average of $170,000 in annual pay and benefits following a bargaining agreement with the Teamsters Union UPS drivers will earn an average of $170,000 in annual pay and benefits at the end of a...
California Economy Lost $3 Billion in First 100 Days of WGA Strike, Economist Says
COMP NEWS - The California Economy has lost an estimate $3 billion due to the work stoppage from the WGA strike, according to one economist. The first 100 days of the Hollywood writers’ strike has cost the California economy $3 billion, a Cal State Northridge...
Insider Releases 2023 Diversity and Compensation Report
COMP NEWS - Global news publication Insider has released its 2023 Diversity and Compensation Report, tracking critical data on racial and gender diversity and representation in its workplace. The following is Insider's latest Diversity and Compensation Report, which...
How the Strikes Could Impact Lavish Hollywood CEO Pay
COMP NEWS - As Hollywood continues to grapple with a join talent strike from actors and writers, eight-figure executive pay is coming under increased scrutiny. As Hollywood actors and writers strike together for the first time in more than half a century, executive...