No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Bankrupt Crypto Lender BlockFi Goes to Court – To Prove it Should Be Able to Pay Employee Bonuses
COMP NEWS - BlockFi, a crypto lender company that went bankrupt in the wake of the now famous collapse of crypto exchange FTX, went to court over employee compensation last week. But the troubled company wasn't there to fight against giving out due compensation - it...
Spotify Is Laying Off 6 Percent of Its Global Workforce, CEO announces
COMP NEWS - Spotify is laying off 6 percent of its global workforce, according to the company's CEO. Affected staff will reportedly receive an average of five months' severance. Spotify will lay off 6 percent of its workforce globally, the company’s CEO, Daniel Ek,...
Southwest Airlines to Pay $45M Bonuses to Staff Who Worked During Christmas Meltdown
COMP NEWS - Southwest Airlines announced its intentions to pay $45 million in bonuses to pilots and flight attendants who worked through the organization's catastrophic shutdown of over 16,000 holiday flights last month. Amid continued fallout from its catastrophic...
U.S. Workers’ Satisfaction With Job Safety Rises, Satisfaction With Pay & Benefits Remains Low
COMP NEWS - A new Gallop poll indicates that U.S. workers are more satisfied with safety regulations on the job, even in the wake of rising COVID cases. However, U.S. workers' dissatisfaction with pay and benefits remains a key issue across industries. One year after...
Mercedes-Benz Rewards Almost 100,000 Staff With Profit-Sharing Bonus
COMP NEWS - Mercedes-Benz is giving employees its largest profit-sharing bonus ever - €7,300 to almost 100,000 employees eligible for the bonus this year. Mercedes-Benz will be granting employees a record bonus of €7,300 following a stellar year for the automotive...
Google Parent Company Lays Off 12,000 Employees Following Pandemic Hiring Spree
COMP NEWS - Alphabet has begun laying off employees related to experimental projects, with the total number of job roles count amounting to 12,000 so far. Jan 20 (Reuters) - Google's parent Alphabet Inc (GOOGL.O) is cutting about 12,000 jobs as it faces "a different...
Entrepreneur Ashneer Grover Promises Mercedes-Benz to Long-Term Employees at New Company
COMP NEWS - Ashneer Grover, entrepreneur and co-founder of fintech company BharatPe, is making a promising offer to employees at his new start-up - work faithfully for five years and receive a Mercedes-Benz in return. Ashneer Grover, the founder and ex-board member of...
Goldman Sachs Planning to Drive Away at Least 800 Workers With “Skimpy” Bonuses
COMP NEWS - Goldman Sachs is planning to drive away about 800 employees by means of handing out bonuses - extremely paltry ones, "so skimpy that disguised recipients will pack up and leave," according to unnamed sources. After cutting more than 3,000 jobs on...
Taiwanese Company Evergreen Marine Giving Employees Bonuses of Up to Four Years Annual Pay
COMP NEWS - It sounds almost too good to be true, but for employees at Taiwanese container line company Evergreen Marine, it's reality. The container line company is reportedly paying some employees a bonus that amounts to 4 years of annual pay. Bonuses of up to 52...
Working Fewer Hours Associated With Higher Life Satisfaction, According to New Research
COMP NEWS - A new study has found that working fewer hours is associated with high life satisfaction. Published in Health Economics Review, a new study has found that working fewer hours is associated with higher life satisfaction, which is mediated by one’s level of...
Astounding 96% of Workers Looking For New Job in 2023, Poll Says
COMP NEWS - A new poll indicates that an astounding 96% of workers are seeking their next job opportunity in 2023 - and they're ready to make the jump for better pay. It will soon be the Year of the Rabbit, according to the Chinese calendar, but it might as well be...
Honda Workers Receiving Short Paychecks, Honda Claims ‘Tax Withholding Errors’
COMP NEWS - U.S. Employees at American Honda Motor Co. are anticipating short paychecks this Friday, after the automobile manufacturer released an internal memo warning that 'tax withholding errors' may impact the company's upcoming pay period. American Honda Motor...
COVID’s Long-Term Effects on Workers’ Comp Beginning To Come To Light
COMP NEWS - A survey released by the National Foundation for Unemployment Compensation and Workers’ Compensation has highlighted the impact of COVID-19 on worker's compensation. The annual Workers’ Compensation Fiscal Data Research Bulletin showing state workers’...
Twitter Employees Laid Off by Elon Musk Are Receiving Severance Payments Less Than Their Severance Agreement
COMP NEWS - Following several delays, former Twitter employees have begun to receive their severance after nearly 3/4 of the company was let go by its new owner Elon Musk. However, the severance packages ex-employees have begun to receive are reportedly far below what...
