COMP NEWS: DAILY COMPENSATION STORIES
Bourbon Maker Gave Out Pay Raises, But Did It to Thwart Union Efforts, Judge Rules
COMP NEWS - A popular bourbon maker recently handed out free whiskey and $4-and-hour pay raises to its staff. The problem - a judge just ruled that the pay bumps were explicitly timed to illegally...
Final Overtime Rule Clears White House Review
COMP NEWS - The U.S. Department of Labor is updating the way workers may be included or excluded from overtime pay requirements. The U.S. Department of Labor’s final rule updating the standard by...
Nearly Half of CEOs Are Conceding That Hybrid Working is Here to Stay
COMP NEWS - After nearly two years of emphasizing looming return-to-office mandates, CEOs are beginning to shift their stances, with almost half now accepting that hybrid working is here to stay....
Many FBI Agents Are Struggling to Live on Their Salary
COMP NEWS - Many FBI agents are struggling to live on their salaries due to the high costs of living in areas they are assigned, forcing them into long commutes and co-living situations. Many FBI...
Women in UK Finance Earn a Third Less Than Male Colleagues, Data Shows
COMP NEWS - Top financial firms in the UK pay women less than their male counterparts on average, according to new salary data. LONDON, April 5 (Reuters) - Some of Britain's top financial firms pay...
Taiwan’s Two Biggest Liners Reduce Annual Bonuses Amid Falling Profits
COMP NEWS - Two Taiwanese liner operators, who made news last year for giving workers astronomically large bonuses worth several years' salaries, are reducing this year's bonuses after...
41% of Surveyed Executives Say AI Will Reduce Workforce
COMP NEWS - A survey of senior executives reveals a chilling statistic: 41% of them expect to cull their workforce in the next five years and replace workers with AI technologies. A survey of senior...
Some Employers Want to Start Offering Addiction Recovery Help
COMP NEWS - Around seven in ten people with an addiction to drugs or alcohol are employed in a workplace. Modern employers can use a variety of tools and resources to create a supportive space for...
Top Performers Resign When New Hires Are Paid More
COMP NEWS - A new study out of the Harvard Business Review is shining a light on the effects of paying new hires more than existing employees in similar roles. To attract top talent, employers often...
WHO Helps Overhaul Health Worker Compensation in Africa Through Digital Payments
COMP NEWS - The World Health Organization has partnered with African countries to pay frontline health workers through digital payments, securing easier and safer methods of distributing employee...