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Restaurant Workers Are Still Quitting In Drove
COMP News - As the Great Resignation hits the restaurant industry, owners are searching for new ways to retain and attract employees. Oftentimes the incentives offered by restaurants are not limited to higher pay but may include added benefits for employees, as well....
Inflation Drives Travel And Amusement Ticket Prices Up As Much As 100%
COMP NEWS - The cost of leisure activities such as travel and amusement are not safe from inflation, as ticket prices have increased by up to 100%. In general, the prices that consumers pay for goods and services recently notched their largest year-over-year jump...
Mississippi State Personnel Board Changing To Performance-Based Comp Structure
COMP NEWS - The Mississippi State Personnel Board is changing its pay system to a more performance-based compensation structure in order to “ensure a quality workforce.” The MSPB is the central personnel agency for the Mississippi state government. During this review,...
Transportation Industry Continues Offering Hiring Bonuses To Attract Potential Workers
COMP NEWS - Companies across many different industries are implementing sign-on bonuses to attract new employees. These bonuses have been in response to key positions being empty in many companies. Amid the pandemic, many industries are dealing with staffing shortages...
How Can US Solve ‘Great Resignation’? Create Better Jobs, Labor Secretary Marty Walsh Says
COMP NEWS - Marty Walsh, the United States Secretary of Labor, recently spoke out about the ‘Great Resignation’ and the current state of the US labor market. "There’s been a lot of talk about the so-called ‘Great Resignation’. That’s not the real story," Walsh said...
Kroger Employees Struggle To Afford Food And Rent, Says Survey Of 10,200 Workers
COMP News - A new survey by the Economic Roundtable says that many of Kroger's employees are struggling to afford food and rent. Some 78% of workers at eight Kroger-owned grocery chains — including King Soopers, Ralphs, Food 4 Less and City Market — say they have...
Inflation Is Wiping Out Pay Increases For Most Americans
COMP News - The United States saw inflation of 7% in 2021, a number much higher than in years past. Nonetheless, most industries' wages did not keep pace with inflation, effectively wiping out pay increases for most Americans. Inflation rose 7 percent last year to its...
The Long Resignation? Workers Continue Quitting For Better Pay, Benefits
COMP News - A record number of Americans are quitting their jobs for better pay and benefits amidst what economists have called “The Great Resignation.” Many employers will need to implement new compensation structures if they want to hire and retain talent. A record...
DentalPost Releases 2022 Dental Professional Salary Survey Report
COMP News - The dental industry, like many others, is facing enormous challenges with staffing in 2022. DentalPost, the industry's leading online job board, has released a survey regarding salary expectations and talent retention among dental employees. Over 13,000...
‘Pay-For-Performance’ Program Pays Farmers To Pursue Pollution Reduction
COMP News - A recent grant from the United States Department of Agriculture’s Natural Resources Conservation District is contributing to a “pay for performance” program that rewards farmers who reduce phosphorus pollution in local bodies of water. A new program, run...
Delta Posts 4Q Loss, But Airline Employees Will Still Get Bonus Checks
COMP News - Delta Airlines recently announced a “special profit-sharing payment” of $1250 to be paid to each of its employees this upcoming Valentine’s Day. The bonus is coming after a rough year for the airline industry and Delta in particular. In fact, Delta...
Previously Planned Salary Budgets Receiving a Bump for 2022
COMP NEWS - A new WorldatWork salary budget survey has found that organizations are hiking their salary budgets in 2022, a necessary step to retain top talent in an economy that has been plagued by resignations. WorldatWork’s “Salary Budget Quick Poll” confirms that...
Portland Restaurant Eliminates Tipping, Adds Service Fee In Effort To Improve Wage Equity
COMP NEWS - A restaurant in Portland is offering a new system for its employee wages, eliminating the industry's usual tip-based, pay-for-performance model and charging a flat service rate instead. The new compensation model is a shot at improving wage equity in a...
Columbus To Award Nearly $10M In Bonuses To Public Safety Employees
COMP NEWS - Columbus, GA approved the spending of up to ten million dollars in bonuses for public safety employees. Eligible employees will include police officers, firefighters, and EMS. Columbus Council approved a resolution Tuesday to spend an estimated $10 million...
