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CEO Of Software Company Offers New Staff $5,000 To Resign After Two Weeks – And It Helps Him Retain Top Talent.
COMP NEWS - The Great Resignation is making it difficult for employees to retain their employees. But for one CEO, he's actually paying his workers to resign - and it's helping him retain his top talent. Chris Ronzio, the CEO of Trainual, a software company in Arizona...
2021 Survey Shows Companies Offer Fertility Benefits To Retain Top Talent
COMP NEWS - A recent survey that was performed by Mercer and commissioned by RESOLVE: The National Infertility Association found that employers who offer fertility benefits often do so as a means of retaining top talent. The survey asked 459 employers about their...
6 areas where inflation could hurt Oklahomans’ wallets in 2022
COMP NEWS - Inflation could harm Oklahomans in unexpected ways this upcoming year. Oklahomans should expect prices to rise in 2022 on many items, whether it's retail purchases, housing costs, average rent or the price of utilities. One of the main areas of concern...
Driver Shortages Define Trucking Industry For 2021
COMP NEWS – Over the last 18 months, pressure on the logistics industry has been increasing as the rising demand for drivers has outpaced the rate of new drivers entering the profession. Driver shortages have defined the trucking industry in 2021, and they may keep...
Cravath, Swain & Moore Overhauls Partner Pay Structure To End ‘Pure Lockstep’
COMP NEWS - Prestigious law firm Cravath, Swain & Moore is changing its pay structure to a performance-based plan, a huge shift for a law firm that has paid based on seniority for decades. Cravath, one of the oldest law firms in the US, will shift from its...
Apple Is Giving Out Bonuses Of Up To $180,000 To Retain Top Employees
COMP NEWS - The Great Resignation continues to rumble through the United States, with few industries spared. Silicon Valley has been no exception. To retain its top talent, Apple is now awarding 6 figure bonuses to its most valuable employees. The bonus went out to...
23% Of Employed Americans Plan To Quit Their Jobs In The Next 12 Months, Survey Shows
COMP NEWS - While 2021 was the year of the Great Resignation, a recent survey indicates that the trend will likely continue in 2022. A recent survey conducted by CareerArc and Harris Poll discovered that nearly one-quarter of employed Americans plan to quit their job...
LegalShield And IDShield Implement New Wage Structure
COMP NEWS - A company by the name of PPLSI has implemented a new wage structure for all employees, who will now receive a new pay of at least $15 an hour. PPLSI is the parent company of both LegalShield and IDShield. During a recent "all hands" meeting, LegalShield...
Alm Announces Release of 2021 ALM/IPMA Compensation Survey Results
COMP NEWS - ALM Intelligence released their annual compensation survey results for law-firm employee compensation and benefits. In collaboration with The International Practice Management Association (IPMA), ALM Intelligence is pleased to announce the release of the...
Bakersfield City Employees To Receive $3,000 Bonuses For Pandemic Work
COMP NEWS - In the wake of a continuing pandemic, the city of Bakersfield is rewarding its employees with pandemic-related bonuses for their work. More than 1,000 Bakersfield employees will receive $3,000 bonuses after the City Council recently approved the...
Can Technology And Data Help Avert The Great Resignation?
COMP NEWS - A CareerArc/Harris Poll conducted in early December suggested that up to 23% of the U.S. workforce is planning to leave their jobs over the next 12 months. This anticipated continuation of the ‘great resignation’ means many organizations will feel the...
Sports Industry Set To Juke National Inflation
COMP NEWS - In the 12-month period ending in November, consumer prices rose 6.8%. What does this mean for inflation in sports? Maybe not much. Growth in the sports entertainment industry is seeing an increase and prices for fans are expected to remain at their...
1,000 PHEAA employees, Including CEO, Will Get Christmas Pay Raises Totaling $2.4M
The Pennsylvania Higher Education Assistance Agency (PHEAA) is giving Christmas pay raises this holiday season. The executive committee of the agency’s board on Wednesday gave unanimous approval of raises up to 3% for 1,000 other non-unionized employees who work...
Lego Gives 20,000 Employees Three Extra Paid Holidays After Profits Rise 140%
COMP NEWS - After a strong boost in profits over this year, Lego plans to give their employees multiple holiday seasonal benefits. These benefits include an extra three paid holidays over Christmas break as well as a monetary bonus. Lego, the world’s largest toymaker,...
