COMP NEWS: DAILY COMPENSATION STORIES
WGA Wins Historic Contract After 5-Month Standoff
COMP NEWS - After nearly 5 months of striking, TV and film writers with the Writers Guild of America have come to a tentative agreement with the Alliance of Motion Picture and Television Products...
Apple Slashes Pay Raises for Retail Employees as Revenue Drops
COMP NEWS - The world's most valuable company is slashing pay raises this year after slowing demand for iPhones caused earnings to take a dip in recent quarters. Apple is cutting annual pay raises...
Half of All US Job Postings on Indeed Will Soon Show Salaries Thanks to Pay Transparency Laws
COMP NEWS - With New York having just put a new salary transparency law into effect, more than half of all jobs on the popular job board site Indeed now have salary ranges listed, according to a...
Amazon Hiring 1,100 Employees in Tulsa Alongside Sizable Compensation Boost
COMP NEWS - Amazon is hiring more than 1,100 at the same time it intends to invest more than $1.3 billion into compensation, bumping up average pay in customer fulfillment and transportation roles....
President Joe Biden Plans to Join Striking Autoworkers Today On Picket Line
COMP NEWS - President Joe Biden plans to join striking autoworkers from the United Auto Workers union, an unprecedented display of union solidarity by a sitting U.S. President. In an unprecedented...
1 in 5 Companies Plan to Lower Salary Increase Budgets Next Year
COMP NEWS - New studies suggest that 1 in 5 companies plan to lower their salary increase budgets next year. More data is coming out to paint a picture of anticipated pay increases in 2024. New...
Tech Sector Salaries Continue to Grow in Softening Market
COMP NEWS - A new survey out of the Canadian tech sector shows that industry salaries are still growing despite indications of a slowing labor market. VANCOUVER, British Columbia--(BUSINESS...
Growth in Total Compensation Cost Slows for Employers
COMP NEWS - Data shows that employers are spending more on employees' overall compensation than usual, but that the gap is shrinking at total compensation costs slow down. Employers spent more on...
White House Gives Government Staff a Pay Bump of 5.2%
COMP NEWS - The Biden administration is giving federal workers new overtime considerations along with a sizable federal pay increase. President Joe Biden is giving federal workers a 5.2% federal pay...
Survey: Business Aviation Pilot Salaries Up 12 Percent
COMP NEWS - A new survey indicates that business aviation pilots are seeing a sizable pay raise - up nearly 12 percent from last year. The National Business Aviation Association (NBAA) says business...