COMP NEWS: DAILY COMPENSATION STORIES
Michigan Nurse Union Strikes $273M Compensation Package Over 4-Year Period
COMP NEWS - The University of Michigan nurses union has ratified a new contract with UM Health System and Michigan Medicine that will guarantee a nine-figure compensation package for workers over...
Metlife Releases 20th Annual U.S. Employee Benefits Trends Study
COMP NEWS - Metlife has released its 20th annual comprehensive study on U.S. employee benefits trends. One of the most pronounced trends from the last two decades of data is a dramatic decline in...
California Passes New Pay Transparency Law Requiring Disclosed Salary Ranges
COMP NEWS - California has passed a new pay transparency law that will require businesses with fifteen or more employees to disclose salary expectations in their job postings. Job seekers in...
Bank of America Study Finds Offering Financial Wellness Tools Increases Employee Retention
COMP NEWS - A new study from Bank of America has found that more than 80% of employers believe that offering financial wellness tools can help reduce employee attrition. Almost the same percentage...
New York City Employers Must Disclose Salary Ranges, Thanks to New Law
COMP NEWS - Employers in New York City must now disclose estimated pay ranges for job openings, according to new legislation that will go into effect on November 1st. For years, companies of all...
Salary Setbacks Are Becoming A Trend For Remote Workers
COMP NEWS - Employers may be using remote work as a bargaining chip to drive down wages, according to a new report from the National Bureau of Economic Research. Same job. Same experience. Same pay?...
Google CEO Sundar Pichai Pushes Productivity, Says Workers ‘Shouldn’t Always Equate Fun With Money’
COMP NEWS - Google employees took to an all-hands meeting this week to question CEO Sundar Pichai's recent comments about worker productivity, voicing their dissatisfaction with compensation along...
Shopify Sets New Employee Compensation System Amid Stock Slump
COMP NEWS - Canadian e-commerce company Shopify has introduced a new compensation system for its employees, allowing them to take varying amounts of their pay in either cash or equity. Shopify has...
Amazon Claws Back Compensation Increases Due To “Software” Error
COMP NEWS - Amazon recently emailed its corporate employees that they were getting a compensation increase - then emailed them again to tell them they weren't. Amazon informed its employees that a...
Yet Another Study Shows That 4-Day Workweek Increases Worker Productivity
COMP NEWS - Another large study has suggested that employees engaged in a 4-day workweek are happier and more productive than their five-day workweek counterparts. Good news for everyone interested...