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Google CEO Sundar Pichai Pushes Productivity, Says Workers ‘Shouldn’t Always Equate Fun With Money’
COMP NEWS - Google employees took to an all-hands meeting this week to question CEO Sundar Pichai's recent comments about worker productivity, voicing their dissatisfaction with compensation along with way. Dissatisfied Google employees have put top executives on the...
Shopify Sets New Employee Compensation System Amid Stock Slump
COMP NEWS - Canadian e-commerce company Shopify has introduced a new compensation system for its employees, allowing them to take varying amounts of their pay in either cash or equity. Shopify has finally introduced its new compensation system, Flex Comp, which allows...
Amazon Claws Back Compensation Increases Due To “Software” Error
COMP NEWS - Amazon recently emailed its corporate employees that they were getting a compensation increase - then emailed them again to tell them they weren't. Amazon informed its employees that a one-time bonus was "miscalculated" due to a software era. Corporate...
Yet Another Study Shows That 4-Day Workweek Increases Worker Productivity
COMP NEWS - Another large study has suggested that employees engaged in a 4-day workweek are happier and more productive than their five-day workweek counterparts. Good news for everyone interested in spending less time working: The largest four-day-workweek study to...
How to Boost Employee Performance in a Hybrid Work Environment
COMP NEWS - As hybrid business models become more commonplace in a post-COVID work environment, employers are looking at ways to optimize flexible work schedules for employers. The pandemic forced organizations around the world to adapt to remote or hybrid business...
How to Put Together an Effective Employee Retention Strategy
COMP NEWS - Recruiting good talent is difficult. Retaining top talent is even harder. In the era of The Great Resignation, it's more important than ever to have an effective employee retention strategy. Unleash.ai writes all about it. This article from the Undercover...
Should You Share Your Salary With Coworkers? Yes, Say Some Experts.
COMP NEWS - Should you share your salary with your coworkers? What was once considered taboo is becoming a badge of honor for employees who value pay transparency. And other experts are saying it might be a good thing. Revealing to coworkers how much money you make...
Indianapolis Public Schools Drop Employee Attendance Requirement For $1,500 Bonuses
COMP NEWS - Indianapolis Public Schools is dropping a controversial requirement for a $1,500 retention bonus following complaints from employees who found the requirements too arbitrary and unfair. Indianapolis Public Schools is dropping a limit on the number of...
One-Quarter of Employers Plan to Give Annual Pay Raises of 5-7% Next Year
COMP NEWS - A new survey shows that over one-quarter of employers plan to give annual pay raises above the 3% increase that's become standard over the last several years. Annual pay raise budgets in the U.S. are getting a bump in 2023 from the longtime status quo....
Alabama Prison Employee Bonuses Have Not Solved Staffing Problems
COMP NEWS - The Alabama Department of Corrections has been struggling with understaffing, even after introducing incentive programs such as new employee bonuses to acquire staff. The Alabama Department of Corrections continues to struggle with understaffing, ADOC...
Junior Bankers Fleeing Goldman Sachs Over Small Bonuses and Long Hours
COMP NEWS - Goldman Sachs is seeing a surge in departures amongst its healthcare banking division after 11 junior bankers quit within the span of a few weeks. At least 11 junior bankers at Goldman Sachs have quit in recent weeks, with six of them — all first-year...
Talent War Drives Same-Day Hiring, Hourly Bonuses in New Zealand
COMP NEWS - The battle for talent is heating up in New Zealand, as employers are compressing hiring processes to as short as a day in a bid to snatch new employees before their competitors do. Companies are upping the ante to keep hold of precious staff, from offering...
Oregon Healthcare Provider No Longer Seeks Repayment From Overpaid Employees
COMP NEWS - Oregon-based St. Charles Health System, who previously ordered allegedly overpaid employees to pay back over $2 million in compensation, has rescinded its order amid confusion and legal threats. Bend, Ore.-based St. Charles Health System will no longer...
GameStop Will Start Paying Some Employees With Its Meme Stock
COMP NEWS - Gamestop, the brick-and-mortar video game retailer that gained infamy last year for its unprecedented stock squeeze, is now giving pay raises and stock options to thousands of employees in an effort to retain store managers. GameStop is planning on giving...
