by Ian Otto | Oct 27, 2020 | Comp News |
UBS Group AG plans to raise the fixed salaries for some of its more senior employees by as much as 20% in a move that may help reduce poaching and allow the bank to lower its bonus pool. A review at Switzerland’s largest bank found differences in base pay among...
by Ian Otto | Oct 27, 2020 | Comp News |
Companies’ actions now could have a long-term reputational impact. Demonstrating empathy and flexibility, prioritizing workers’ mental health, and creating psychological safety can have a meaningful impact not only on employee experience but also on how the employer...
by Ian Otto | Oct 27, 2020 | Comp News |
This question is important now because, during crises such as Covid-19, people often tend to focus more on tactical work — answering the right number of tickets, or following the approved project plan — rather than adapting to solve the bigger, newer problems the...
by Ian Otto | Oct 13, 2020 | Comp News |
Instead Hertz will push forward with an $8.2 million bonus program for less-senior managers, designed to motivate them while the company reorganizes in bankruptcy, the car renter said in a court filing Wednesday. Hertz may try again to give the executives a bonus next...
by Ian Otto | Oct 7, 2020 | Comp News |
Among the findings is a clear indication of the effects of COVID-19 but also the lengths to which employers are going to retain their employees. 73% of companies have given salary increases this year. Half of companies reported base pay increases between 3-3.99% in...
by Ian Otto | Oct 7, 2020 | Comp News |
According to the Labor Department, the number of people out of work for more than 27 weeks increased to 2.4 million in September, an increase of 32.5 percent from the previous month. There are 4.9 million people who have been unemployed between 15 and 26 weeks....
