COMP NEWS: DAILY COMPENSATION STORIES
28% of Canadian Employers Anticipate Higher Employee Turnover in 2024
COMP NEWS - Nearly one-third of Canadian employers anticipate higher employee turnover this year, according to a new survey. More than a quarter (28 per cent) of Canadian employers say they’re...
Survey: Employers Prioritize Holistic Wellness Over Price When It Comes to Employee Benefits
COMP NEWS - Employees are prioritizing the quality and value of holistic wellness in their benefits of packages over the price of those benefits, according to a new survey. CHICAGO, March 06, 2024...
US Salaries are Falling, But Employers Aren’t Worried.
COMP NEWS - Salaries for new roles in the US job market are stagnating or even declining as employers tighten their belts in what some call a "post-pandemic correction." Salaries for new roles are...
Britain’s Tesco Gives Store Workers a 9.1% Pay Bump
COMP NEWS - Britain's largest retailer is giving its workers a 9.1% pay bump after striking a deal with the USDAW shopworkers' union. LONDON, March 5 (Reuters) - Tesco (TSCO.L), Britain's biggest...
Is the 32-Hour Workweek the Future of Work?
COMP NEWS - One California congressman has submitted legislation to standardize the 32-hour workweek, as efforts surrounding the movement continue to grow. The four-day workweek is as buzzy as ever,...
Veterinary Study: High Employee Retention Comes From Fair Pay, Appreciation For Work
COMP NEWS - Nearly one in four veterinary team members leave their current role each year, prompting discussions among animal care organizations about how to retain key talent year after year. The...
Employer-Provided Health Plans Generate Higher ROI for Companies, Employees
COMP NEWS - A new study found that employers with more than 100 workers saw a sizable ROI for offering health coverage - nearly 50% in many cases, with that number expected to jump over the next few...
NFL is Increasing Salary Caps for Teams to Help Accrue Talent
COMP NEWS - The NFL recently announced their their official salary cap figure is increasing from $224.8 million $255.4 million - a 13% increase. The NFL offseason is officially underway, as the...
Over 50 Percent of Workers Say Their Pay Lags Behind Inflation
COMP NEWS - Recent data paints a bleak portrait of pay rates lagging behind inflation, with nearly two-fifths of surveyed workers reporting feeling more financial stress now than they did a year...
Dell’s Vague Return to Office Mandate Confuses, Frustrates Staff
COMP NEWS - Dell joins a long list of tech companies who have recently begun instating return-to-office mandates, but staff at the company are voicing their frustration over vague guidelines and...