COMP NEWS: DAILY COMPENSATION STORIES
Company Set Up Paid Parental Leave For Employees In 74 Countries
COMP NEWS - Implementing paid parental leave can be a challenge on its own - so when Thomas Reuters decided to implement it with employees in 74 countries, the logistical challenge was enormous. But...
Survey: Parity In Paid Parental Leave Remains Low
COMP NEWS - Nearly two in three Americans believe that employees should believe provide paid parental leave to both primary and secondary caregivers for new children. But a new survey finds that...
Company Threatens To Cut Bonuses Of Remote Workers
COMP NEWS - Law firm David Polk & Wardwell LLP is serious about bringing its employees back into the office -- so serious, in fact, that it's threatening to slash bonuses for those who don't...
Layoffs Keep Coming And They Don’t Stop Coming: Disney, Lyft, Whole Foods, More
COMP NEWS - Layoffs continue unabated as over 4,000 employees at Disney lose their jobs. Additionally, 3M, a manufacturing giant, announced that it would be cutting over 6,000 manufacturing jobs in...
Writers Authorize Strike: Nearly 98 Percent Support Work Stoppage
COMP NEWS - Members of the Writers Guild of America, Hollywood's largest writers union, voted nearly unanimously in support of a strike amidst negotiations for better contracts. Hollywood’s writers...
JPMorgan Requires Managing Directors Return to Office 5 Days a Week Or Face ‘Corrective Action’
COMP NEWS - JPMorgan has set a new mandate requiring managing directors to work in the office five days a week, despite pushback from workers who see in-office work as a relic of the pre-COVID era....
Canada’s Federal Public Servants to Strike Wednesday If No Deal Reached, Union Says
COMP NEWS - Federal workers in Canada may go on strike this week in a bid to achieve better wages, job security, and remote work opportunities. Public Service Alliance of Canada (PSAC) leadership...
San Diego Healthcare Provider to Offer $100,000 Incentive Payments to Nurses
COMP NEWS - A San Diego healthcare provider is offering up a staggering incentive payment structure - totaling $100,000 for nurses who commit to three years of service with their employer. Palomar...
Amazon Plans to Trim Employee Stock Awards Amid Tough Economy
COMP NEWS - Amazon is seeking to reduce employee stock awards in an effort to cut back on costs and save money, according to new reporting. April 5 (Reuters) - Amazon.com Inc (AMZN.O) said it would...
Southwest CEO’s Compensation Nearly Doubles Despite December Flight Cancellations
COMP NEWS - Southwest Airlines' CEO is getting a sizable compensation bump, doubling his salary from last year to merely $5.3 million. Southwest Airlines CEO Robert Jordan's compensation nearly...