COMP NEWS: DAILY COMPENSATION STORIES
Lawmakers, Employee Groups Call for Compensation Increase in Federal Firefighter Pay
COMP NEWS - A collection of lawmakers and employee groups are urging Congress to bump up Federal firefighter pay to retain key workers who are being lured away to private and state organizations...
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...
28% of Canadian Employers Anticipate Higher Employee Turnover in 2024
COMP NEWS - Nearly one-third of Canadian employers anticipate higher employee turnover this year, according to a new survey. More than a quarter (28 per cent) of Canadian employers say they’re...
Survey: Employers Prioritize Holistic Wellness Over Price When It Comes to Employee Benefits
COMP NEWS - Employees are prioritizing the quality and value of holistic wellness in their benefits of packages over the price of those benefits, according to a new survey. CHICAGO, March 06, 2024...
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...
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...
Is the 32-Hour Workweek the Future of Work?
COMP NEWS - One California congressman has submitted legislation to standardize the 32-hour workweek, as efforts surrounding the movement continue to grow. The four-day workweek is as buzzy as ever,...
Veterinary Study: High Employee Retention Comes From Fair Pay, Appreciation For Work
COMP NEWS - Nearly one in four veterinary team members leave their current role each year, prompting discussions among animal care organizations about how to retain key talent year after year. The...
Employer-Provided Health Plans Generate Higher ROI for Companies, Employees
COMP NEWS - A new study found that employers with more than 100 workers saw a sizable ROI for offering health coverage - nearly 50% in many cases, with that number expected to jump over the next few...
NFL is Increasing Salary Caps for Teams to Help Accrue Talent
COMP NEWS - The NFL recently announced their their official salary cap figure is increasing from $224.8 million $255.4 million - a 13% increase. The NFL offseason is officially underway, as the...