COMP NEWS: DAILY COMPENSATION STORIES
U.S. Sees Union Boom Despite Big Companies’ Aggressive Opposition
COMP NEWS - In the throes of economic uncertainty, including a potential recession and rampant inflation, the U.S. is seeing a wave of unionization efforts across many of the country's largest...
U.S. Employers Eying Pay Budget Increases Despite Recession Fears
COMP NEWS - U.S. Employers are planning to expand their pay budgets despite fears of an incoming recession. A recent Salary Budget Planning Report found that companies increased are planning to...
EEOC Says Its Pay Data Collection is Key to Identifying Pay Discrimination
COMP NEWS - The U.S. Equal Employment Opportunity Commission (EEOC) recently championed a new report that showed its pay data collection successfully helps the agency prioritize investigations into...
House to Take Up Bill With 4.6 Percent Federal Raise
COMP NEWS - The house is preparing to take up a new bill this week that would provide a pay raise for federal employees. The bill is the second of its kind being presented after a separate piece of...
Survey: IT Compensation Not Keeping Up with Inflation, Hiring Slowing
COMP NEWS - A new mid-year salary survey from Jano and eJobDescription.com has indicated that compensation for IT professionals is not keeping up with the rate of inflation and that hiring is...
Alaska Permanent Fund Facing Serious Recruitment Challenges
COMP NEWS - The Alaska Permanent Fund Corporation, which manages many of the state's funds and programs, is struggling to recruit and retain qualified candidates for its open roles. Recruitment and...
UK Wage Increases Continue To Be Eliminated By Inflation
COMP NEWS - The UK continues to face spiraling inflation that threatens to eliminate competitive wage hikes. The latest labour market figures from the Office for National Statistics (ONS) show that...
El Paso, TX Offers Incentive Program To City Employees
COMP NEWS - The city of El Paso is short over 1,000 employees, so the city is turning to a signing bonus program to incentivize fresh talent. According to the city, the incentive program has been a...
CEOs Made 324 Times More Than Their Median Workers In 2021, Union Report Finds
COMP NEWS - A new report has found that CEOs made more than 300 times the salary of their median workers in 2021. Chief executives at S&P 500 companies made 324 times more than the median...
Rural Louisiana Town Paying People To Move In
COMP NEWS - The small town of Ruston, Louisiana, has experienced a plethora of young workers moving out and abroad. In response, the town has introduced a new incentive plan to replenish its rural...