COMP NEWS: DAILY COMPENSATION STORIES
New York City to Require Employers to Post Salary Ranges With Job Listings
COMP NEWS - Employers in New York City will need to start posting salary ranges next to their job listings, thanks to new legislation that goes into effect on November 1st. For years, companies of...
Health Care Company Pleads Guilty To Conspiring to Suppress Wages of School Nurses
COMP NEWS - A healthcare staffing company was convicted of engaging in a coordinated effort to suppress the wages of its nurses, the U.S. Department of Justice has announced. VDA OC LLC (VDA), a...
Second Railroad Union Votes Down Tentative Labor Deal, Nationwide Strike Possible
COMP NEWS - A second railroad union has voted down the terms of a tentative labor deal that is needed to prevent a nationwide strike. Nearly 10,000 union members voted, with over 60% of them voting...
Since Pay Transparency Law Implemented, Wages Up 11.5% in Colorado
COMP NEWS - Since implementing a new law requiring employers to publically post salary ranges alongside job postings, wages in colorado grew 11.5% between January 2021 and May 2021. Bureau of Labor...
Survey Shows What Attracts Top Talent in Tech
COMP NEWS - A new survey indicates that companies are struggling to retain top talent in tech and examines just what prospective employees are looking for from their employers. Right now companies...
Early Reports Indicate Salaries For MBA Grads Are Rising
COMP NEWS - While the number of MBA applications around the U.S. keep declining, the salaries of MBA grads are actually rising by as much as 10% year-to-year. Reports suggest that MBA applications...
California Announces Substantial Increase in Compensation Rate for Computer Professional Exemption in 2023
COMP NEWS - The California Department of Industrial Relations (DIR) has announced an increase in the compensation threshold for exempt computer professionals in accordance with the state's computer...
SCOTUS Wonders If Some Workers Making $200K Annually Should Receive Overtime Compensation
COMP NEWS - The Supreme Court may soon hear a case that could change the way some highly-paid workers are compensated, as it seeks clarification on "hourly" compensation for workers paid at a day...
Goldman Sachs Keeping Lid on Bonuses Even as Average Employee Compensation Decreases
COMP NEWS - Goldman Sachs is tightening its belt in preparation for a potential economic downturn, with its spending on compensation down over 20% even as its workforce grows. It's unlikely to be a...
Here Are 15 Companies Where Employees Are Happiest With Their Pay
COMP NEWS - California leads the way for companies with employees happiest with their pay. A new survey has shown that Silicon Valley, in a bid to remain competitive in its hiring practices, has...