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CEOs Made 324 Times More Than Their Median Workers In 2021, Union Report Finds
COMP NEWS - A new report has found that CEOs made more than 300 times the salary of their median workers in 2021. Chief executives at S&P 500 companies made 324 times more than the median workers at their companies in 2021 on average, according to an annual report...
Rural Louisiana Town Paying People To Move In
COMP NEWS - The small town of Ruston, Louisiana, has experienced a plethora of young workers moving out and abroad. In response, the town has introduced a new incentive plan to replenish its rural population: move here and get paid to stay. Fueled by the explosion in...
UK Companies Are Struggling To Retain Black Talent
COMP NEWS - Recent surveys are showing an increasingly wide gap in UK companies between black employee retention and retention of workers from other ethnic and racial backgrounds. Whatever British firms are doing to attract and retain Black talent, it’s not enough....
Air Canada Refuses Passenger Compensation for Flight Delayed Over ‘Labour Dispute’
COMP NEWS - Air Canada recently refused a passenger compensation for a delayed flight on the basis that his flight was delayed due to a "labour dispute" with the airline's employees. For Scott Aalgaard, it doesn't add up. On the morning of July 5, Air Canada informed...
Will ‘Bonus Vesting’ Combat The Great Resignation?
COMP NEWS -A Toronto-based company is looking to innovate its retention strategies with a new type of employee benefit - vested bonuses. Signing and retention bonuses are usually geared toward executives, but Toronto-based startup Benefi is looking to tweak this...
Employers Weigh Inflation’s Impact on Annual Pay Raises, SHRM Survey Shows
COMP NEWS - A new SHRM survey shows that employers are worried about the impact of rising inflation on their organization's annual pay raises. Most HR professionals are concerned about the effects of inflation on their organizations, including how inflation will...
Uber Drivers’ Express Anger Over Compensation for Missed Holiday Pay
COMP NEWS - Uber drivers are expressing frustration after they learned that they may have been misled by their employer concerning compensation claims for missing holiday pay. Uber drivers say they feel “misled” and “shafted” after it emerged that they have been paid...
Canadian Workers More Dissatisfied Than Ever
COMP NEWS - A new survey shows that nearly one-fourth of Canadian workers are growing more and more dissatisfied with their jobs, with some industries showing up to two-fifths of workers becoming more discontented since the onset of the COVID-19 pandemic. Nearly a...
How a Worker-Owned Business Model in Spain Keeps Income Inequality in Check
COMP NEWS - A worker-owned business model in Spain is accomplishing something most companies are dreaming of doing - retaining productive, happy workers who feel fairly compensated for their work. The 22,000-person town of Mondragon in Spain’s Basque region is home to...
Qantas Airline Announces AU$5,000 Bonus for Staff
COMP NEWS - Qantas Group, of the Australian-based Qantas Airways airline, announced that it would be giving nearly 20,000 employees a one-time bonus of AU$5,000. Around 19,000 EBA-covered Qantas Group employees will be offered a one-off boost of AU$5,000 as the...
Pay Equity: How Top Employers Are Paving The Way
COMP NEWS - Top Employers are changing the conversation about pay equity, leading to an evolving discussion about ways to tackle pay equity in a changing landscape. “Pay equity” means that employees, regardless of protected class, receive the same pay for the same...
Rolls-Royce Offers Worker Bonus; Workers Say It’s Not Enough
COMP NEWS - Engine maker Rolls-Royce announced that it will give its workers a one-time bonus of £2,000 ($2,450) to combat the effects of rising inflation. Businesses and workers all around the world are struggling with cost-of-living increases. Airlines are not...
U.S. Supreme Court Rejects Alaska Airlines Appeal in Labor Law Dispute
COMP NEWS - The U.S. Supreme Court recently rejected an appeal from Alaska Airlines regarding a California law requiring airlines to give their employees meal breaks and periodic rest periods during work. The U.S. Supreme Court on Thursday turned away Alaska Airlines...
Nebraska Construction CEO Gives Employees $2,000 Bonuses to Offset Inflation – With A Caveat
COMP NEWS - A Nebraska construction company is offering its hourly workers two $1,000 bonus checks to offset rising inflation. With US inflation reaching its highest level in 41 years, ordinary wage increases are falling well short of matching the higher costs of...