COMP NEWS: DAILY COMPENSATION STORIES
Survey Shows Companies Still Struggling to Attract and Retain Talent
COMP NEWS - A new survey has indicated that companies are still struggling globally to attract and retain the talent they need, leading many organizations to reexamine their compensation strategies....
Bill to Reclassify Gig Workers Could Eliminate Existing Compensation Protections
COMP NEWS - A bill introduced in the U.S. House of Representatives could provide a new classification for gig workers while simultaneously eliminating existing compensation protections, such as...
U.S. Sees Union Boom Despite Big Companies’ Aggressive Opposition
COMP NEWS - In the throes of economic uncertainty, including a potential recession and rampant inflation, the U.S. is seeing a wave of unionization efforts across many of the country's largest...
U.S. Employers Eying Pay Budget Increases Despite Recession Fears
COMP NEWS - U.S. Employers are planning to expand their pay budgets despite fears of an incoming recession. A recent Salary Budget Planning Report found that companies increased are planning to...
EEOC Says Its Pay Data Collection is Key to Identifying Pay Discrimination
COMP NEWS - The U.S. Equal Employment Opportunity Commission (EEOC) recently championed a new report that showed its pay data collection successfully helps the agency prioritize investigations into...
House to Take Up Bill With 4.6 Percent Federal Raise
COMP NEWS - The house is preparing to take up a new bill this week that would provide a pay raise for federal employees. The bill is the second of its kind being presented after a separate piece of...
Survey: IT Compensation Not Keeping Up with Inflation, Hiring Slowing
COMP NEWS - A new mid-year salary survey from Jano and eJobDescription.com has indicated that compensation for IT professionals is not keeping up with the rate of inflation and that hiring is...
Alaska Permanent Fund Facing Serious Recruitment Challenges
COMP NEWS - The Alaska Permanent Fund Corporation, which manages many of the state's funds and programs, is struggling to recruit and retain qualified candidates for its open roles. Recruitment and...
UK Wage Increases Continue To Be Eliminated By Inflation
COMP NEWS - The UK continues to face spiraling inflation that threatens to eliminate competitive wage hikes. The latest labour market figures from the Office for National Statistics (ONS) show that...
El Paso, TX Offers Incentive Program To City Employees
COMP NEWS - The city of El Paso is short over 1,000 employees, so the city is turning to a signing bonus program to incentivize fresh talent. According to the city, the incentive program has been a...
