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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...
Sega of America Workers Aim To Unionize For Better Pay, Benefits
COMP NEWS - Sega of America workers in Irvine, California have officially filed for a union vote in an effort to achieve better pay and benefits and "end patterns of overwork." Sega of America workers at the Irvine, California office filed for a union vote with the...
Gen Z Are Quitting Jobs That Don’t Align With Their Values
COMP NEWS - A new survey finds that Gen Z is leaving jobs that don't align with their values - and even pay raises aren't enough to overcome the difference. Following the Great Resignation where record numbers of employees globally quit their jobs and Quiet Quitting –...
Survey: Legal Operations Leaders Saw Compensation Increase As Much As 26% Last Year
COMP NEWS - A new Brightflag survey has found that compensation for legal operations professionals has soared in the last year, leading some professionals to increase their pay by as much as 26% since 2022. NEW YORK, March 21, 2023 /PRNewswire/ -- Brightflag, the...
Company Set Up Paid Parental Leave For Employees In 74 Countries
COMP NEWS - Implementing paid parental leave can be a challenge on its own - so when Thomas Reuters decided to implement it with employees in 74 countries, the logistical challenge was enormous. But they still did it. The patchwork of state and local leave laws in the...
Survey: Parity In Paid Parental Leave Remains Low
COMP NEWS - Nearly two in three Americans believe that employees should believe provide paid parental leave to both primary and secondary caregivers for new children. But a new survey finds that only 1 in 10 companies follow that policy. While 64% of Americans believe...
Company Threatens To Cut Bonuses Of Remote Workers
COMP NEWS - Law firm David Polk & Wardwell LLP is serious about bringing its employees back into the office -- so serious, in fact, that it's threatening to slash bonuses for those who don't comply. Companies are starting to get serious about enforcing...
Layoffs Keep Coming And They Don’t Stop Coming: Disney, Lyft, Whole Foods, More
COMP NEWS - Layoffs continue unabated as over 4,000 employees at Disney lose their jobs. Additionally, 3M, a manufacturing giant, announced that it would be cutting over 6,000 manufacturing jobs in order to cut costs. 3M on Tuesday started implementing its second wave...
Writers Authorize Strike: Nearly 98 Percent Support Work Stoppage
COMP NEWS - Members of the Writers Guild of America, Hollywood's largest writers union, voted nearly unanimously in support of a strike amidst negotiations for better contracts. Hollywood’s writers have spoken: They are prepared to strike if necessary. In a...
JPMorgan Requires Managing Directors Return to Office 5 Days a Week Or Face ‘Corrective Action’
COMP NEWS - JPMorgan has set a new mandate requiring managing directors to work in the office five days a week, despite pushback from workers who see in-office work as a relic of the pre-COVID era. JPMorgan issued a memo to employees on Wednesday informing managing...