COMP NEWS: DAILY COMPENSATION STORIES
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...
New Mexico Supreme Court: Compensation Caps on Workers With Mental Impairments Unconstitutional.
COMP NEWS - The New Mexico Supreme Court has struck down a law that allowed employers to pay less workers' compensation to employees who suffered from mental impairments. SANTA FE, N.M. — The New...
California Fast-Food Workers Will Now Get $20 Minimum Wage
COMP NEWS - California fast-food workers will start making $20 an hour this week, as a new state minimum wage edict officially goes into effect. California fast-food workers cooking Big Macs or...
Amazon Withholding Cash Bonuses From Senior Workers This Year
COMP NEWS - Amazon is slashing cash bonuses from its senior workers this year, a move sure to anger long-time employees who are used to the generous bonuses. Amazon’s senior managers and other...
Employers Aren’t Offering Women the Benefits They Want
COMP NEWS - New data regarding preferred employee benefits is shining a light on an area of dissatisfaction; women in the workplace feel like their employers don't offer the benefits they actually...
Survey: Nearly Half of Managers Want to Replace Workers with AI
COMP NEWS - A new survey indicates that nearly half of managers want to use AI to replace workers. A report by Beautiful.ai, which makes AI-powered presentation software, surveyed over 3,000...