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As CEO Compensation Continues To Increase, So Does Its Complexity
COMP NEWS - Everything seems to be rising. Company profits, inflation, gas prices, the housing market, wages across industries - and also total compensation for CEOs. Except that CEO salaries aren't actually rising - their bonuses are. CEO pay is a tricky thing to...
Cryptocurrency Compensation and Taxes: Here’s What To Know
COMP NEWS - With cryptocurrency becoming more popular as a form of compensation, what do you need to know about its tax implications? To say that cryptocurrency is in the headlines is a bit of an understatement. In late April, Fidelity announced that it would allow...
New Zealand Healthcare Strike: 10,000 Allied Workers Walk Off Job
COMP NEWS - More than ten thousand health workers in New Zealand went on strike demanding higher wages. The workers, from 70 different professions, are picketing and marching in an effort organised by the Public Service Association (PSA). Low pay has been a...
US Inflation Slowing Down After Hitting 40-Year High
COMP NEWS - After breaking a 40-year record high, inflation rates may have finally shown signs of decreasing. After a year of soaring prices for gas, food and other necessities, inflation may have eased slightly in April from a 40-year high, the first slowdown after...
Indiana Steelworkers Rally Ahead of Contract Negotiations
COMP NEWS - In Layfayette, Indiana, steelworkers from one of Arconic’s plants are rallying for a potential strike amidst faltering contract negotiations. Local steelworkers rallied Saturday afternoon across from Arconic near McCarty Ln. and Main St. in Lafayette. The...
Volkswagen Chattanooga Announces $3,000 Bonus for Production Employees, New Hires
COMP NEWS - Volkswagen Chattanooga has announced a $3,000 bonus for existing production employees as well as new employees that are hired over the next few months. To recognize the efforts of its production team as it prepares for electric vehicle assembly,...
EasyJet Offers £1,000 Bonus To Attract Workers in Competitive Labor Market
COMP NEWS - British airline EasyJet is sweetening the pot for prospective and existing employees by offering a £1,000 bonus this summer. New and existing easyJet cabin crew will receive the bonus after the summer holiday season, which is expected to be extremely busy...
These 10 Companies Incentivize Employees To Go On Vacations
COMP NEWS - Yearning to go on vacation? With these companies, you might get paid to. Many companies are including long term awards, multi-factor bonuses, and merit-based rewards to incentivize their top talent. Now, some companies are going even further and offering...
Microsoft, in Bid to Avoid Talent Loss, Doubles Salary Budget
COMP NEWS - Microsoft announced that it plans to increase its salary budget and stock compensation for workers. Microsoft Corp. said it plans to "nearly double" its budget for employee salary increases and boost the amount of stock compensation it gives some workers...
Will Crashing Tech Stocks Kill Employee Bonuses?
COMP NEWS - As the market continues to bleed red, employees in Silicon Valley are feeling an unusual fear - that crashing tech stocks may tank their employee bonuses. Tumbling tech valuations imperil employee retention and corporate cash flows. The plunge in...
CEO Pay Packages Rose To New Heights in 2021, Over $14.7 Million
COMP NEWS - CEO pay packages continued to rise in 2021, with total compensation for executives rising by over 12% last year on average. The median pay package for chief executives of the biggest U.S. companies reached $14.7 million in 2021, setting a sixth-straight...
Las Vegas Casino Rolls Out $5,000 Bonuses For 5,000 Employees
COMP NEWS - Las Vegas casino The Cosmopolitan rolled a pair of doubles for its staff: a $5,000 bonus for 5,000 of its employees. The Cosmopolitan of Las Vegas surprised its more than 5,000 employees on Wednesday with a one-time $5,000 bonus. The resort said it gave an...
TSA Employees Looking At Higher Pay, Benefits, As House Advances Bill
COMP NEWS - The House recently passed new legislation to increase the pay and benefits for employees of the Transportation Security Administration. The bill also includes language which would allow over 60,000employees full collective bargaining rights, an advantage...
Low Employee Pay – Not Just Remote Work – Straining Tech Companies’ Talent Retention
COMP NEWS - Despite record profits, Silicon Valley has been undergoing an employee retention crisis. The Great Resignation has threatened tech companies with wide-scale talent migrations over the removal of remote work policies that have become massively popular in...