COMP NEWS: DAILY COMPENSATION STORIES
US Military Getting Biggest Pay Raise In 20 Years
COMP NEWS - US military servicemembers are about to get their biggest pay raise in two decades - and it may increase even more thanks to inflation. Servicemembers are in line for their biggest pay...
As Inflation Hits 8.5%, Workers Expect Bigger Raises
COMP NEWS - With higher inflation comes higher wages - at least, that's what workers are expressing to their employers. Adding more pressure on employers to raise wages, the consumer price index...
Sheep Herders Across The Western US Sue Employers For Wage Suppression
COMP NEWS - U.S. Sheep herders are bandying together to sue their employees for what they have called "cartel-like" wage suppression. Sheep herders in the U.S. West have banded together to sue their...
Wells Fargo Employees Push For Union Amidst Bank’s Overtime Pay Allegations
COMP NEWS - Workers across Wells Fargo, a major leader in the US banking industry, are looking to organize a union. The move comes amidst a series of scandals the bank has suffered over the last...
As CEO Compensation Continues To Increase, So Does Its Complexity
COMP NEWS - Everything seems to be rising. Company profits, inflation, gas prices, the housing market, wages across industries - and also total compensation for CEOs. Except that CEO salaries aren't...
Cryptocurrency Compensation and Taxes: Here’s What To Know
COMP NEWS - With cryptocurrency becoming more popular as a form of compensation, what do you need to know about its tax implications? To say that cryptocurrency is in the headlines is a bit of an...
New Zealand Healthcare Strike: 10,000 Allied Workers Walk Off Job
COMP NEWS - More than ten thousand health workers in New Zealand went on strike demanding higher wages. The workers, from 70 different professions, are picketing and marching in an effort organised...
US Inflation Slowing Down After Hitting 40-Year High
COMP NEWS - After breaking a 40-year record high, inflation rates may have finally shown signs of decreasing. After a year of soaring prices for gas, food and other necessities, inflation may have...
Indiana Steelworkers Rally Ahead of Contract Negotiations
COMP NEWS - In Layfayette, Indiana, steelworkers from one of Arconic’s plants are rallying for a potential strike amidst faltering contract negotiations. Local steelworkers rallied Saturday...
Volkswagen Chattanooga Announces $3,000 Bonus for Production Employees, New Hires
COMP NEWS - Volkswagen Chattanooga has announced a $3,000 bonus for existing production employees as well as new employees that are hired over the next few months. To recognize the efforts of its...