COMP NEWS: DAILY COMPENSATION STORIES
Young Workers Share Salary Information As Pay Transparency Gains Popularity
COMP NEWS - The old taboo of sharing salary information might be dissipating. A recent survey from Bankrate.com shows that Gen Z and Millennials share their salary information more frequently than...
What Are IT Professionals Earning These Days? Survey Shows Compensation Has Slowed
COMP News - InformationWeek recently conducted a survey analyzing salaries of Information Technology (IT) professionals in an attempt to glean information regarding compensation trends in the...
Google May Be Raising Compensation, Revamping Employee Reviews
COMP NEWS - Google is changing its employee performance evaluation process in order to design a more performance-based compensation system. The change comes in response to rising tension between...
Tesla Reduces Bonus Structure, Raises Salary Compensation
COMP NEWS - Tesla has announced that it is canceling any employee bonus that was based on meeting delivery quotas. However, Tesla is increasing salary compensation to make up for the lost employee...
Startups Apply Artificial Intelligence to Combat Supply Chain Disruptions
COMP NEWS - In response to product shortages and supply chain disruptions driving up recent inflationary pressures, several startups have begun using innovative technologies such as artificial...
Should Employers Offer Financial Education To Their Workers?
COMP NEWS - As the Great Resignation lurches on, some employers are offering financial-wellness programs as a benefit in an attempt to retain current employees and even attract new talent. In the...
Physician Assistant Salaries Increased by 4.5% in 2021
COMP NEWS - Base salary for physician assistants (PAs) increased by 4.5% in 2021 after declining the previous year. Base compensation for PAs has rebounded from a slight dip in 2020, increasing 4.5%...
Salary Budget Growth of 5% Most Common Increase in New Survey
COMP NEWS - A new survey done by Salary.com shows that almost half of companies are allocating merit-based salary increases by around 5%. A new survey of employers by compensation data and analytics...
Is Job-Hopping Disrupting Pay Equity?
COMP NEWS - Employers often face issues regarding pay equity when employees demand raises after receiving external offers. This is due to employers having to choose between matching the external...
Mastercard Expands ESG Goals to Apply to All Employee Bonuses
COMP NEWS - Mastercard is expanding its policy of tying executive bonuses to environmental, social, and governance (ESG) goals to apply to all employee bonuses. The company hopes that this will...
