No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Employers Are Feeling Employees’ Financial Pain, Enhancing Benefits
COMP NEWS - Employers are quickly realizing that paychecks aren't enough to retain talent. With inflation rising faster than salaries, employees are seeking benefits that ease their financial pain in more ways than just cash compensation. With inflation outpacing...
Transamerica Offering Year-End Insurance Incentives to Attract Small Business Plans
COMP NEWS - Insurance holding company Transamerica is offering new incentives for small businesses that select the company for its health savings provider. Transamerica this week announced an initiative that encourages employees to save more now for retirement and...
WA Offers $4K Bonuses to Retain Service Workers Helping Homeless
COMP NEWS - The state of Washington is struggling to retain service workers suffering from low pay, burnout, and the difficulties of operating through the COVID-19 pandemic. To retain its staff, the state plans to give $4,000 in stipend assistance to homeless-service...
UK Firms Offer Bonuses to Improve Mental Health of Employees Stressed From Economic Insecurity
COMP NEWS - UK companies are offering strategic bonuses to ease the financial and mental strain of an economy working against employees. Several CEOs also warn of a nationwide mental health crisis if the economic issues plaguing workers are not mitigated soon....
$5,000 Retention Bonuses Still Can’t Help This Pipeline Company Find Workers
COMP NEWS - A California pipeline company has increased its wages by 22% and begun offering $5,000 retention bonuses for workers that stay more than a year - and the company still can't find employees willing to stay. A pipeline company in California said that it's...
Connecticut Childcare Workers to Get $1,000 Bonuses, Wage Increases
COMP NEWS - Connecticut legislators have approved a $70 million package to provide bonuses and wage increases to childcare workers in the state, citing a need to bolster a struggling but critical industry. Gov. Ned Lamont announced Wednesday he would provide $1,000...
More Companies Offer Emergency Savings Option to Workers
COMP NEWS - The financial cost of rising inflation has helped create a new job benefit for many workers - emergency savings accounts whose contributions are matched by employers. A growing number of American workers are getting access to a new job benefit: help with...
Automaker Stellantis Giving Workers Cash Bonus to Combat Inflation
COMP NEWS - Automaker Stellantis, which owns brands such as Jeep, Ram, Chrysler, and Dodge, amongst others, is giving its French employees a one-time cash bonus to combat inflation. Stellantis workers in France are set to get bonuses connected to the rising impact of...
Michigan Nurse Union Strikes $273M Compensation Package Over 4-Year Period
COMP NEWS - The University of Michigan nurses union has ratified a new contract with UM Health System and Michigan Medicine that will guarantee a nine-figure compensation package for workers over the next four years. The University of Michigan nurses union has...
Metlife Releases 20th Annual U.S. Employee Benefits Trends Study
COMP NEWS - Metlife has released its 20th annual comprehensive study on U.S. employee benefits trends. One of the most pronounced trends from the last two decades of data is a dramatic decline in employee loyalty - and a shifting power dynamic between workers and...
California Passes New Pay Transparency Law Requiring Disclosed Salary Ranges
COMP NEWS - California has passed a new pay transparency law that will require businesses with fifteen or more employees to disclose salary expectations in their job postings. Job seekers in California will no longer have to take a shot in the dark when asked about...
Bank of America Study Finds Offering Financial Wellness Tools Increases Employee Retention
COMP NEWS - A new study from Bank of America has found that more than 80% of employers believe that offering financial wellness tools can help reduce employee attrition. Almost the same percentage of employees also find that access to those tools attracts...
New York City Employers Must Disclose Salary Ranges, Thanks to New Law
COMP NEWS - Employers in New York City must now disclose estimated pay ranges for job openings, according to new legislation that will go into effect on November 1st. For years, companies of all sizes have closely guarded the potential pay for their job openings,...
Salary Setbacks Are Becoming A Trend For Remote Workers
COMP NEWS - Employers may be using remote work as a bargaining chip to drive down wages, according to a new report from the National Bureau of Economic Research. Same job. Same experience. Same pay? Not necessarily. What you earn will likely depend on two things:...
