COMP NEWS: DAILY COMPENSATION STORIES
U.S. Supreme Court Rejects Alaska Airlines Appeal in Labor Law Dispute
COMP NEWS - The U.S. Supreme Court recently rejected an appeal from Alaska Airlines regarding a California law requiring airlines to give their employees meal breaks and periodic rest periods during...
Nebraska Construction CEO Gives Employees $2,000 Bonuses to Offset Inflation – With A Caveat
COMP NEWS - A Nebraska construction company is offering its hourly workers two $1,000 bonus checks to offset rising inflation. With US inflation reaching its highest level in 41 years, ordinary wage...
Ubisoft’s CEO Taking Pay Cut Following Company’s Low Performance
COMP NEWS - Yves Guillemot, the CEO of video game developer Ubisoft, is taking a voluntary pay cut of roughly one-third of his salary, following Ubisoft's failure to meet recent financial goals....
Many US Companies To Compensate Travel Costs For Employees’ Seeking Abortions
COMP NEWS - In the wake of the Supreme Court's ground-shaking reversal of Roe v Wade, the 1973 ruling that affirmed the constitutional right for women to pursue abortions, many employers are...
Pay Equity Is A Driving Force Behind The Push To Unionize At Apple
COMP NEWS - Apple, one of the highest valued companies in the world, is facing an intense battle behind its silicon doors: employees want more pay and pay transparency, and they're increasingly...
Here’s What The 10 Largest U.S. Retailers Pay Their Employees
COMP NEWS - Employee pay among the largest retailers in the United States varies widely - with some organizations having a median income as low as $26,000 / year to some who boast nearly 2.5x that...
The Federal Reserve Says Higher Wages Are Driving Inflation: Is That True?
COMP NEWS - Inflation is a worldwide concern, as workers' wages and the cost of living continue to rise rapidly. Now, the US Federal Reserve has a message for employers and employees alike: wages...
The UK’s Biggest Bank Is Giving Employees A Bonus To Counter Inflation
COMP NEWS - The UK's largest bank is giving its employees a one-time bonus in order to retain its workforce amidst rising inflation. Lloyds, the biggest bank in the UK, announced this week that it...
For Many Workers, Wages Are Up Almost 5% This Year. But Inflation Is Higher.
COMP NEWS - Wages are up nearly 5% this year, a recent survey shows, and compensation increases seem unlikely to stop there. A Pearl Meyer compensation planning survey saw that over a third of...
Microsoft Plans To Curb Non-Competes And Disclose Salary Ranges
COMP NEWS - Microsoft has announced changes to its non-compete clauses, as well as new plans to disclose salary ranges for job postings. Bending to employee sentiment and legislative mandate,...