COMP NEWS: DAILY COMPENSATION STORIES
Organizations Are Offering More Than Salaries To Help Employees Build Wealth
COMP NEWS - Businesses are devising new and unique incentive policies to attract workers, showing that the evolving worker-employer relationships of a post-COVID landscape are here to stay. Every...
New South Wales Government Offers Cash Incentives To Safe Drivers
COMP NEWS - The New South Wales government is offering a new cash incentive for young drivers who choose safer vehicles. Young, regional drivers will be treated to a cash incentive in one state, in...
Silicon Valley Bank Employees Received Bonuses Hours Before Government Takeover
COMP NEWS - Silicon Valley Bank employees received their annual bonuses just in time last week - merely hours before the failing bank was seized by Federal regulators and declared insolvent. Silicon...
When Workers Get The Benefits They Most Desire, They’re More Productive
COMP NEWS - Workers who get the benefits they most desire are generally more productive, according to several different studies on the matter. Before the pandemic, just under 6 percent of employees...
Boeing WA State Workers Split $513M in Bonuses as CEO’s Pay Tops $22M
COMP NEWS - Boeing is paying out over $500 million in annual bonuses to employees in Washington. Despite that, some workers' and executives' were slashed compared to compensation in recent years....
CFOs Are Outpacing CEOs In Compensation Increases
COMP NEWS - CTOs are beginning to outpace CEOs in some forms of compensation, particularly in base salary packages. How much of a base salary increase did CEOs and CFOs receive in 2022? Compensation...
Lowe’s Is Giving Hourly Employees and Managers Another Bonus
COMP NEWS - Home improvement retailer Lowe's is giving its hourly employees their third round of bonuses in less than a year, with plans to allocate approximately $90 million worth of bonuses to its...
Elden Ring Publisher Gives All Its Employees A Pay Raise
COMP NEWS - Oh, pay raises. Bandai Namco, the publisher of one of last year's most acclaimed video games, Elden Ring, announced that it will give a pay raise to every single one of its employees....
Nearly 30 Percent of Work Remains Remote as Workers Dig In
COMP NEWS - Nearly one-third of all workers are working from home, according to new research, signifying that hybrid and remote work schedules are here to stay. The pandemic may be winding down, but...
Study: The Four-day Workweek Continue to Improve Health, Finances, Relationships of Workers
COMP NEWS - The four-day workweek continues to show benefits for productivity, morale, and efficiency, as another study from UK concludes with positive results and feedback from employers and...
