COMP NEWS - A recent study has revealed that a staggering 86% of workers would consider staying at their job longer in exchange for a one-time cash bonus. Workers are increasingly demanding fair wages and attractive benefits from their employers. And while some...

COMP NEWS - The service industry has been reeling since the onset of the COVID-19 pandemic. Now, three years on, restaurants, bars, and hotels still can't find enough workers. The reason? They've all found better jobs with higher pay. Nearly three years since the...

COMP NEWS - In response to declining profits, Zoom is cutting its workforce. In an attempt to keep layoffs to a minimum, its CEO is cutting his own pay by 98%. Zoom, which became a hallmark of the COVID-19 pandemic, is the latest tech company now turning to layoffs as...

COMP NEWS - Japan's wage growth has been stagnant for nearly 30 years, according to new data from the Organisation for Economic Co-operation and Development (OECD). Like other parts of the world, inflation in Japan has become a major headache. In the year to December,...

COMP NEWS - In response to a decline in revenue, Nintendo is taking a different route from laying off staff - it's giving them a blanket pay raise instead. Nintendo announced a 20 percent Switch sales drop in its latest financial report, but still plans to institute a...

COMP NEWS - A court judge has ruled that Amazon violated federal labor law by threatening to withhold compensation from workers attempting to unionize. Jan 31 (Reuters) - Amazon.com Inc (AMZN.O) illegally threatened to withhold raises and benefits from workers at two...

COMP NEWS - Reform advocates are worried about the SEC's rulemaking agenda this year, as the newly unveiled schedule failed to include a plan to finish the Dodd-Frank rule, an important rule that seeks to discourage reckless incentive compensation models in banking...

COMP NEWS - A new study on the methodology for devising effective incentive pay found that such models of compensation work - even for unsupervised and untechnical tasks. Executives have good reason to be uncertain about the value of financial incentives: “Rewards...

COMP NEWS - Amidst a wave of layoffs in the tech and finance industries, several CEOs are electing to cut their pay in an effort to retain talent and avoid making cuts to their workforce. Six CEOs that are taking pay cuts to their annual bonuses or salaries in 2023...

COMP NEWS - Malware developers are in high demand across the darker corners of the internet. But the wages of sin, and illegality, aren't all that profitable, according to a two-year analysis that showed malware developer jobs are usually poorly compensated. Malware...

COMP NEWS - Nearly 500,000 workers are striking across multiple sectors in the U.K. in response to the government's lack of adequate response to inflationary issues, according to several union leaders. London — An estimated half a million workers across multiple...

COMP NEWS - Employers on the cutting edge of talent acquisition are always searching for new ways to draw in productive minds and talented workers. But it's hard to believe how much the landscape has changed in the 21st century. One of the most recent evolutions in...

COMP NEWS - The rapidly changing employer market is having an effect on digital healthcare solutions, according to several key figures in the field. Since the mid-2010s and until recently, digital health companies selling to employers had found an enthusiastic...

COMP NEWS - A new report from the U.S. Department of Labor indicates that wage growth slowed in the fourth quarter of 2022, inspiring hope in some economists for a smooth economy in the coming year. Compensation costs for civilian workers climbed 1% in the fourth...