Compensation Blog

Comp News

Real Wages in the EU Decline for Second Consecutive Year

COMP NEWS - Real wages have declined in the EU for the second year in a row, as salary increases fail to keep up with inflation. Real wages in the EU declined for the second successive year in 2023 as nominal salary increases failed to keep up with persistent...

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Target Increase Employee Bonuses as Company Profits Rise

COMP NEWS - Target is planning to double its employee bonuses for salaried employers as the company's profits continue to rise. Target will double its bonus payments to salaried employees this year, as the big-box retailer’s profits recover from a bumpy nearly...

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Companies are Having Trouble Enticing AI Researchers

COMP NEWS - Companies are in bidding wars to attain the next generation of talent in AI research, but finding that even high compensation can't make up for a lack of access to high-end tech. One CEO said that he was told he didn't have enough graphic-processing units...

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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...

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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...

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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...

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