COMP NEWS: DAILY COMPENSATION STORIES
Goldman Sachs Junior Bankers Work 98 Hours A Week — Making The Equivalent Of About $22 An Hour
COMP NEWS - A new survey from Odyssey Search Partners says that junior bankers at Goldman Sachs work nearly 100 hours a week - making their average pay around $22 an hour. Junior bankers at Goldman...
LGBTQ+ Workers Less Likely to Receive Financial Wellness Benefits
COMP NEWS - A new report from the Employee Benefits Research Institute indicates that LGBTQ+ Workers are less likely to receive access to financial wellness benefits. Employers looking to tailor...
Scottish Teachers Strike Over Low Compensation
COMP NEWS - Thousands of teachers across Scotland have gone on strike over low compensation, leading to the closure of primary and secondary schools around the country. Thousands of teachers have...
French Man Wins Legal Right to Not Be ‘Fun’ at Work
COMP NEWS - In France, it's now legal to be boring at work. At least, that's what some are claiming after a French court ruled that a man was unlawfully terminated from his job for failing to be...
Less Than A Third Of Workers Think Their Compensation Is Fair
COMP NEWS - A new survey has indicated that less than a third of workers think their compensation is fair - and more than two-thirds are at risk of leaving for greener pastures and paychecks. Less...
Largest Rail Union Rejects Contract, Furthering Negotiations For Sick Days
COMP NEWS - Four freight rail unions just barely voted against a new five-year contract agreement, setting the stage for a potential labor strike among railway workers. On the eve of the holiday...
Michigan Legislators Aim To Repeal Right-To-Work Laws
COMP NEWS - Michigan Democrats won big in the state, taking control of its House, Senate, and Governorship. Their first plan of action may be to repeal Right-To-Work laws and strengthen the rights...
These Companies Paid Workers Their Full Salary to Work Fewer Days. The Result? Increased Productivity.
COMP NEWS - One of the largest studies on the productivity of workers during a four-day workweek is coming to a close, and the results show promise. Over 70 companies paid their employees their full...
68% Of Employers Will Increase Salaries In 2023, Survey Says
COMP NEWS - A new survey reveals good news for anyone who draws a salary: more than two-thirds of employees plan to raise salaries next year. Perhaps it’s due to a tight labor market, or high...
Banker Bonuses On Wall Street Are Plunging By As Much As 45%
COMP NEWS - Wall Street investment bankers saw record-high bonuses last year. This year their windfalls will be much lower, as compensation consultant firm projects that bankers' bonuses will...
