COMP NEWS: DAILY COMPENSATION STORIES
Ubisoft’s CEO Taking Pay Cut Following Company’s Low Performance
COMP NEWS - Yves Guillemot, the CEO of video game developer Ubisoft, is taking a voluntary pay cut of roughly one-third of his salary, following Ubisoft's failure to meet recent financial goals....
Many US Companies To Compensate Travel Costs For Employees’ Seeking Abortions
COMP NEWS - In the wake of the Supreme Court's ground-shaking reversal of Roe v Wade, the 1973 ruling that affirmed the constitutional right for women to pursue abortions, many employers are...
Pay Equity Is A Driving Force Behind The Push To Unionize At Apple
COMP NEWS - Apple, one of the highest valued companies in the world, is facing an intense battle behind its silicon doors: employees want more pay and pay transparency, and they're increasingly...
Here’s What The 10 Largest U.S. Retailers Pay Their Employees
COMP NEWS - Employee pay among the largest retailers in the United States varies widely - with some organizations having a median income as low as $26,000 / year to some who boast nearly 2.5x that...
The Federal Reserve Says Higher Wages Are Driving Inflation: Is That True?
COMP NEWS - Inflation is a worldwide concern, as workers' wages and the cost of living continue to rise rapidly. Now, the US Federal Reserve has a message for employers and employees alike: wages...
The UK’s Biggest Bank Is Giving Employees A Bonus To Counter Inflation
COMP NEWS - The UK's largest bank is giving its employees a one-time bonus in order to retain its workforce amidst rising inflation. Lloyds, the biggest bank in the UK, announced this week that it...
For Many Workers, Wages Are Up Almost 5% This Year. But Inflation Is Higher.
COMP NEWS - Wages are up nearly 5% this year, a recent survey shows, and compensation increases seem unlikely to stop there. A Pearl Meyer compensation planning survey saw that over a third of...
Microsoft Plans To Curb Non-Competes And Disclose Salary Ranges
COMP NEWS - Microsoft has announced changes to its non-compete clauses, as well as new plans to disclose salary ranges for job postings. Bending to employee sentiment and legislative mandate,...
New York Lawmakers Pass Numerous Worker Protection Laws
COMP NEWS - New York lawmakers have passed a series of legislative actions in an effort to protect workers. The new laws range from protections for independent contractors, amendments to workplace...
Australian Farmers Call For More Compensation For Hosting Transmission Lines
COMP NEWS - Australian Farmers are calling for more compensation in exchange for hosting transmission lines on their property. To reach net-zero and bring down power bills, state and federal...