COMP NEWS: DAILY COMPENSATION STORIES
Michigan Repeals ‘Right-To-Work’ Law, First State in Decades to Do So
COMP NEWS - Michigan has made legislative history by becoming the first state in almost 60 years to repeal right-to-work legislation that allows workers to opt out of paying union dues and fees....
Do Incentives Boost Productivity? Only 2% of UK Employees Strongly Disagree
COMP NEWS - A survey of UK employees indicates that an overwhelming amount of workers tie work performance to incentives and rewards. UK employees remain positive despite a looming recession and...
U.S. Government Strengthens Clawback Rules for Executive Compensation in Banks
COMP NEWS -The Biden Administration has strengthened existing clawback rules for executive compensation in banks in an effort to restore national confidence in the nation's banking system. (MENAFN)...
Apple is Delaying Employee Bonuses In A Cost-Cutting Drive
COMP NEWS - Apple, one of the few major Silicon Valley companies to avoid mass layoffs, is looking to cut costs instead by delaying employee bonuses. Apple has largely avoided the large-scale...
Job Posting Laws Create Rifts Between Employee and Employer Over Fair Pay
COMP NEWS - As changing laws and new worker perspectives influence the way employers approach pay transparency, some organizations reveal they're struggling to adapt. Revealing starting salaries in...
The PRO Act Resurfaces In Congress Once Again
COMP NEWS - A significant piece of labor law legislation has been proposed in congress once again, prolonging a years-long battle concerning the power and authority of American unions. The PRO Act...
Silicon Valley Bank Employees Blame Remote Work For Bank’s Collapse. Experts Disagree.
COMP NEWS - Following the catastrophic collapse of Silicon Valley Bank, the 16th largest bank in America, experts are trying to piece together the causes. Now, some employees are pointing towards...
Congress Prepared to Debate Raising Teachers’ Salaries To $60K
COMP NEWS - A growing list of politicians on both sides of the political aisle are introducing legislation to raise teachers' salaries. There's a growing list of politicians, conservatives and...
Paid time Off Not Part of Workers’ ‘Salary,’ U.S. Court Rules
COMP NEWS - A Philadephia court has ruled unanimously that paid time off is not to be calculated as a part of workers' wages, meaning employers can take away paid leave without violating federal...
Organizations Are Offering More Than Salaries To Help Employees Build Wealth
COMP NEWS - Businesses are devising new and unique incentive policies to attract workers, showing that the evolving worker-employer relationships of a post-COVID landscape are here to stay. Every...
