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Valentine’s Day Off, Gender-Affirming Care, and a Free Lunch: The Top Benefits Employees Want in 2024
COMP NEWS - As the economic and social landscape evolves with each passing year, so do the desired benefits of talented employees. In 2024, here are some of the top benefits that employees will search for. In the battle for talent, strong benefits could be your...
Employees Sue X Over Failure To Pay Bonuses Amounting To More Than $5 Million
COMP NEWS - Social media platform X is being accused of reneging on promised bonuses for its employees, according to new court documents from California. Social media platform X, formerly Twitter, is facing a court battle after staff accused the company of failing to...
HR Strategy and Employee Behavior are Shifting Post-Pay Transparency, Surveys Suggest
COMP NEWS - In light of sweeping pay transparency laws being enacted in nearly a dozen states, HR strategy is shifting to accommodate changes in job-seeker behavior. HR strategy and worker behavior are shifting in light of new pay transparency laws, recent surveys...
Atlanta Mayor Announces Pay Raises For City Employees in 2024
COMP NEWS - The city of Atlanta is allocating several million dollars towards pay raises for City employees next year, according to Mayor Andre Dickens. ATLANTA - Mayor Andre Dickens has announced that the City of Atlanta is allocating an additional $4 million for...
Tesla Removes Stock-Based Compensation This Year, Report Says
COMP NEWS - Tesla is reportedly cutting stock-based compensation from its employees, a move sure to generate controversy amongst its staff. Tesla has reportedly decided not to give stock-based compensation to employees as part of their annual performance review. CEO...
Boutique Firm Raises Salaries, Offers Eye-Popping Bonuses Of Up To $310K
COMP NEWS - Boutique law firm Gjerset & Lorenz is offering an astounding payscale and bonus scale that outmatches even prestigious law firms. Boutique firms continue to strut their stuff when it comes to compensation, oftentimes blowing the already hefty bonus...
Worker Alleges She Received a Potato as Christmas Bonus
COMP NEWS - A strange story has surfaced on social media, where a woman is alleging that her employer gave her a potato as a Christmas bonus - then taxed her for it on her next paycheck. There once was a time when a holiday bonus was a cause for celebration and...
2023 Travel Manager Salary & Job Satisfaction Report
COMP NEWS - A new 2023 report on travel manager compensation reveals substantial unrest among employees who feel they are underpaid in their positions relative to their responsibilities. Any hopes harbored by European travel managers of a ‘quiet’ year in 2023 were...
Sales Compensation Survey 2023 Highlights the Cost of Doing Business
COMP NEWS - A new sales compensation survey has been released, shining light on compensation models for employees in sales positions. The data shows that commission plans, the most prevalent form of sales compensation, have been shrinking over time. It’s more...
In a Year Beset by Layoffs, One Game Developer Gives its Staff a £2,500 End-of-Year Bonus
COMP NEWS - It's been an amazing year for gamers, but a not so stellar year for game developers, who have been rocked by several large waves of layoffs at popular studios. But one company is looking to break the mold of 2023 by giving its employees a £2,500 cash...
Want Happier Workers? Give Them A Shorter Commute, Says South Korean Study
COMP NEWS - A new study indicates that employees with long commutes are exponentially more likely to be depressed and stressed at work. Happier workers have shorter commutes. Unveiling the research gap: While the frustrations of lengthy commutes are universally...
Podcasting is Growing in Popularity – So Why Is the Industry Facing Gruesome Layoffs?
COMP NEWS - By all accounts, podcasting continues to grow as a popular industry garnering more listeners each year. But you wouldn't know it just by looking at one of the industry's top companies, Sppotify, which is laying off workers and canceling critically...
Two in Five Salaried Employees Didn’t Receive Raises In the Past Year
COMP NEWS - More than 40% of employees didn't receive a raise last year, according to a new study from BambooHR. BambooHR, the industry’s leading cloud-hosted human resource platform where everything works together, released a new study of 1,500 U.S. adults examining...
Hasbro to Lay Off 1,100 Employees as Toy Sales Slump
COMP NEWS - Famed toymaker Hasbro is laying off over 1,000 employees over the next six months, according to an internal memo sent to staff on Monday. Hasbro, the toymaker behind games such as Monopoly and the Transformers action figures, will lay off about 1,100...