COMP NEWS: DAILY COMPENSATION STORIES
How to Boost Employee Performance in a Hybrid Work Environment
COMP NEWS - As hybrid business models become more commonplace in a post-COVID work environment, employers are looking at ways to optimize flexible work schedules for employers. The pandemic forced...
How to Put Together an Effective Employee Retention Strategy
COMP NEWS - Recruiting good talent is difficult. Retaining top talent is even harder. In the era of The Great Resignation, it's more important than ever to have an effective employee retention...
Should You Share Your Salary With Coworkers? Yes, Say Some Experts.
COMP NEWS - Should you share your salary with your coworkers? What was once considered taboo is becoming a badge of honor for employees who value pay transparency. And other experts are saying it...
Indianapolis Public Schools Drop Employee Attendance Requirement For $1,500 Bonuses
COMP NEWS - Indianapolis Public Schools is dropping a controversial requirement for a $1,500 retention bonus following complaints from employees who found the requirements too arbitrary and unfair....
One-Quarter of Employers Plan to Give Annual Pay Raises of 5-7% Next Year
COMP NEWS - A new survey shows that over one-quarter of employers plan to give annual pay raises above the 3% increase that's become standard over the last several years. Annual pay raise budgets in...
Alabama Prison Employee Bonuses Have Not Solved Staffing Problems
COMP NEWS - The Alabama Department of Corrections has been struggling with understaffing, even after introducing incentive programs such as new employee bonuses to acquire staff. The Alabama...
Junior Bankers Fleeing Goldman Sachs Over Small Bonuses and Long Hours
COMP NEWS - Goldman Sachs is seeing a surge in departures amongst its healthcare banking division after 11 junior bankers quit within the span of a few weeks. At least 11 junior bankers at Goldman...
Talent War Drives Same-Day Hiring, Hourly Bonuses in New Zealand
COMP NEWS - The battle for talent is heating up in New Zealand, as employers are compressing hiring processes to as short as a day in a bid to snatch new employees before their competitors do....
Oregon Healthcare Provider No Longer Seeks Repayment From Overpaid Employees
COMP NEWS - Oregon-based St. Charles Health System, who previously ordered allegedly overpaid employees to pay back over $2 million in compensation, has rescinded its order amid confusion and legal...
GameStop Will Start Paying Some Employees With Its Meme Stock
COMP NEWS - Gamestop, the brick-and-mortar video game retailer that gained infamy last year for its unprecedented stock squeeze, is now giving pay raises and stock options to thousands of employees...
