COMP NEWS: DAILY COMPENSATION STORIES
The Gig Economy May Be Nearing It’s Endgame As Employer Classification Rules Tighten
COMP NEWS - Federal regulators are clamping down on employee classification rules which allowed companies like Uber and Lyft to classify their workers as independent contractors, opening up the door...
Salaries Increased for New York State-Employed Nurses Amid Staffing Crisis
COMP NEWS - Registered nurses employed by the state of New York are getting an extra pay raise to combat staffing shortages. Registered nurses employed by the state are getting a pay raise. Various...
Employers Are Feeling Employees’ Financial Pain, Enhancing Benefits
COMP NEWS - Employers are quickly realizing that paychecks aren't enough to retain talent. With inflation rising faster than salaries, employees are seeking benefits that ease their financial pain...
Transamerica Offering Year-End Insurance Incentives to Attract Small Business Plans
COMP NEWS - Insurance holding company Transamerica is offering new incentives for small businesses that select the company for its health savings provider. Transamerica this week announced an...
WA Offers $4K Bonuses to Retain Service Workers Helping Homeless
COMP NEWS - The state of Washington is struggling to retain service workers suffering from low pay, burnout, and the difficulties of operating through the COVID-19 pandemic. To retain its staff, the...
UK Firms Offer Bonuses to Improve Mental Health of Employees Stressed From Economic Insecurity
COMP NEWS - UK companies are offering strategic bonuses to ease the financial and mental strain of an economy working against employees. Several CEOs also warn of a nationwide mental health crisis...
$5,000 Retention Bonuses Still Can’t Help This Pipeline Company Find Workers
COMP NEWS - A California pipeline company has increased its wages by 22% and begun offering $5,000 retention bonuses for workers that stay more than a year - and the company still can't find...
Connecticut Childcare Workers to Get $1,000 Bonuses, Wage Increases
COMP NEWS - Connecticut legislators have approved a $70 million package to provide bonuses and wage increases to childcare workers in the state, citing a need to bolster a struggling but critical...
More Companies Offer Emergency Savings Option to Workers
COMP NEWS - The financial cost of rising inflation has helped create a new job benefit for many workers - emergency savings accounts whose contributions are matched by employers. A growing number of...
Automaker Stellantis Giving Workers Cash Bonus to Combat Inflation
COMP NEWS - Automaker Stellantis, which owns brands such as Jeep, Ram, Chrysler, and Dodge, amongst others, is giving its French employees a one-time cash bonus to combat inflation. Stellantis...
