On the shelf Compensation Module ?
How many companies have an unused comp planning module? Despite the fact that over 65% of organizations use Excel as their main tool for financial planning and modeling,...
Employers Aren’t Offering Women the Benefits They Want
COMP NEWS - New data regarding preferred employee benefits is shining a light on an area of dissatisfaction; women in the workplace feel like their employers don't offer the benefits they actually want. It’s not enough to offer employee benefits. Companies must...
Survey: Nearly Half of Managers Want to Replace Workers with AI
COMP NEWS - A new survey indicates that nearly half of managers want to use AI to replace workers. A report by Beautiful.ai, which makes AI-powered presentation software, surveyed over 3,000 managers about AI tools in the workplace, how they're being implemented, and...
California Congress Fights Over Fast Food Wage Standards
COMP NEWS - A proposed minimum wage hike for California fast food employees is under renewed tensions as the deadline for the proposed wage hike grows closer. Both sides billed the high-profile California fast food deal last year as a resolution to two years of...
28% of Canadian Employers Anticipate Higher Employee Turnover in 2024
COMP NEWS - Nearly one-third of Canadian employers anticipate higher employee turnover this year, according to a new survey. More than a quarter (28 per cent) of Canadian employers say they’re expecting increased employee turnover this year, according to a new survey...
Survey: Employers Prioritize Holistic Wellness Over Price When It Comes to Employee Benefits
COMP NEWS - Employees are prioritizing the quality and value of holistic wellness in their benefits of packages over the price of those benefits, according to a new survey. CHICAGO, March 06, 2024 (GLOBE NEWSWIRE) -- Low unemployment, shifting employee priorities and...
US Salaries are Falling, But Employers Aren’t Worried.
COMP NEWS - Salaries for new roles in the US job market are stagnating or even declining as employers tighten their belts in what some call a "post-pandemic correction." Salaries for new roles are stagnating – and in some cases, falling. Some employers may be looking...
Britain’s Tesco Gives Store Workers a 9.1% Pay Bump
COMP NEWS - Britain's largest retailer is giving its workers a 9.1% pay bump after striking a deal with the USDAW shopworkers' union. LONDON, March 5 (Reuters) - Tesco (TSCO.L), Britain's biggest retailer, said on Tuesday it would raise store workers' hourly pay by...
Is the 32-Hour Workweek the Future of Work?
COMP NEWS - One California congressman has submitted legislation to standardize the 32-hour workweek, as efforts surrounding the movement continue to grow. The four-day workweek is as buzzy as ever, and one California Congressman wants to make it federal law. Rep....
Veterinary Study: High Employee Retention Comes From Fair Pay, Appreciation For Work
COMP NEWS - Nearly one in four veterinary team members leave their current role each year, prompting discussions among animal care organizations about how to retain key talent year after year. The average annual turnover rate among veterinary team members is 23% and...
Employer-Provided Health Plans Generate Higher ROI for Companies, Employees
COMP NEWS - A new study found that employers with more than 100 workers saw a sizable ROI for offering health coverage - nearly 50% in many cases, with that number expected to jump over the next few years. More than half of all Americans – over 180 million hardworking...
NFL is Increasing Salary Caps for Teams to Help Accrue Talent
COMP NEWS - The NFL recently announced their their official salary cap figure is increasing from $224.8 million $255.4 million - a 13% increase. The NFL offseason is officially underway, as the combine takes place this week, while free agency begins in two weeks....
Over 50 Percent of Workers Say Their Pay Lags Behind Inflation
COMP NEWS - Recent data paints a bleak portrait of pay rates lagging behind inflation, with nearly two-fifths of surveyed workers reporting feeling more financial stress now than they did a year ago. With inflation putting pressure on their finances, 53% of U.S....
Dell’s Vague Return to Office Mandate Confuses, Frustrates Staff
COMP NEWS - Dell joins a long list of tech companies who have recently begun instating return-to-office mandates, but staff at the company are voicing their frustration over vague guidelines and unclear instructions. Dell's "return to office" mandate has left...
Treasury, IRS Set 50% Return-to-Office Target for Employees Over Next Few Months
COMP NEWS - The Treasury Department and the IRS are bringing their teleworking employees back into the office with a new return-to-office mandate. IRS Commissioner Danny Werfel told employees in an email Thursday that teleworking employees will need to return to the...
