COMP NEWS: DAILY COMPENSATION STORIES
‘Greedflation’ Study Points Finger at Corporate Profiteering for Fault in Surging Inflation
COMP NEWS - A new study on "Greedflation" gives further credence to the notion that corporate profiteering contributed significantly to driving up inflation during 2022. A joint study by think tanks...
Chinese Company Gives Employee Bonuses Based on Exercise Targets
COMP NEWS - A Chinese paper company is offering its employees a unique incentive - bonus pay in exchange for miles jogged. There are a lot of things I’d love to get paid for at work, like the number...
Major Casino Operators Announce Staff Bonuses, Salary Increases
COMP NEWS - Several major commercial gaming operators have announced new year-end bonuses for nonmanagerial staff. Five of the six commercial gaming operators have confirmed 2023 bonuses for...
Salary Survey Highlights Compensation for Chief Security Officers
COMP NEWS - A new salary survey highlights how base salary, variable bonus pay, and long-term incentives have grown for Chief Security Officers. As security hiring trends evolve, it can be...
Climate Change Benefits Might be the Must-Have Perk of the Future
COMP NEWS - A management consulting firm has published a report suggesting that companies may begin offering climate change protection benefits to attract talent in areas impacted by climate change....
New Data Shows Women in General Counsel Positions Making More than Male Counterparts
COMP NEWS - In a recorded first, some groups of women are making more than their male counterparts in general counsel positions at law firms. For the first time, certain groups of women in general...
28% of Employers Offer Financial Wellness Programs While 80% of Employees Are Financially Stressed
COMP NEWS - Nearly 80% of surveyed employees report that they are financially stressed, while scarcely 28% of employers offer tools and financial wellness programs to manage financial stress,...
Historic Pay Raise for Federal Workers Kicks In Soon
COMP NEWS - A historic pay raise for federal workers will soon take effect, boosting worker pay by an average of 5.2%. President Joe Biden’s executive order giving civilian federal workers their...
Valentine’s Day Off, Gender-Affirming Care, and a Free Lunch: The Top Benefits Employees Want in 2024
COMP NEWS - As the economic and social landscape evolves with each passing year, so do the desired benefits of talented employees. In 2024, here are some of the top benefits that employees will...
Employees Sue X Over Failure To Pay Bonuses Amounting To More Than $5 Million
COMP NEWS - Social media platform X is being accused of reneging on promised bonuses for its employees, according to new court documents from California. Social media platform X, formerly Twitter,...
