COMP NEWS: DAILY COMPENSATION STORIES
Taiwanese Company Evergreen Marine Giving Employees Bonuses of Up to Four Years Annual Pay
COMP NEWS - It sounds almost too good to be true, but for employees at Taiwanese container line company Evergreen Marine, it's reality. The container line company is reportedly paying some employees...
Working Fewer Hours Associated With Higher Life Satisfaction, According to New Research
COMP NEWS - A new study has found that working fewer hours is associated with high life satisfaction. Published in Health Economics Review, a new study has found that working fewer hours is...
Astounding 96% of Workers Looking For New Job in 2023, Poll Says
COMP NEWS - A new poll indicates that an astounding 96% of workers are seeking their next job opportunity in 2023 - and they're ready to make the jump for better pay. It will soon be the Year of the...
Honda Workers Receiving Short Paychecks, Honda Claims ‘Tax Withholding Errors’
COMP NEWS - U.S. Employees at American Honda Motor Co. are anticipating short paychecks this Friday, after the automobile manufacturer released an internal memo warning that 'tax withholding errors'...
COVID’s Long-Term Effects on Workers’ Comp Beginning To Come To Light
COMP NEWS - A survey released by the National Foundation for Unemployment Compensation and Workers’ Compensation has highlighted the impact of COVID-19 on worker's compensation. The annual Workers’...
Twitter Employees Laid Off by Elon Musk Are Receiving Severance Payments Less Than Their Severance Agreement
COMP NEWS - Following several delays, former Twitter employees have begun to receive their severance after nearly 3/4 of the company was let go by its new owner Elon Musk. However, the severance...
Automation Is at a Tipping Point. What About Compensation?
COMP NEWS - Automation in the general workforce has been talked about for over a century now, starting when post-industrial era visionaries imagined miniature helicopter-cars and Asimov-esque robots...
Hospital Announces $25 Holiday Bonus For Employees – Then Rescinds It
COMP NEWS - Most employers have an intuitive sense of how compensation incentives help retain employees. Increasing employee bonuses and incentives can drive top performers to engage with their...
These States Are Raising Minimum Wage in 2023
COMP NEWS - A new year means a new minimum wage in many states - 23 of them, in 2023. A new year means higher minimum wages in 23 states, leading to increased pay for an estimated 8.4 million US...
New Report Shows How Workplace Collaboration Is Changing
COMP NEWS - A new report from The Work Innovation Lab highlights how workplace collaboration is expected to change in 2023. Employees think differently about the workplace now than they did before...
