COMP NEWS: DAILY COMPENSATION STORIES
Public School Students Achieve More Under Well-Compensated Teachers, Study Shows
COMP NEWS - A landmark study has suggested that students achieve higher marks in schools when taught by educators who are well-compensated for their roles. Economist Emma García, formerly based at...
Apple Signs Big Checks to Retain Talent Amid Tech Exodus
COMP NEWS - Recently, Apple has been feeling pressure from competitors who are trying to lure employees away from the consumer tech giant. Competition for talent has been coming from other...
Seattle Food Bank Provider Increases Wages to $25 an Hour to Combat Turnover
COMP NEWS - Food Lifeline, one of the largest food bank providers in Washington, has increased its minimum wage to $25 an hour in a bid to retain its staff members. Near the end of 2021, without a...
Retention Bonus Didn’t Stop Denver Teachers From Leaving
COMP NEWS - Job separation rates have remained high in the two years since the COVID-19 pandemic began, with educators being among the most affected professions. Recently, a study by the University...
Inflation Cuts Into Farmer Margins as Agricultural Industry Suffers
COMP NEWS - High rates of inflation are affecting the agriculture industry through higher input costs. Supply chain disruptions combined with Russia's ongoing war with Ukraine have taken a toll on...
Indian AI Firm Gives NFT’s to Employees as Appreciation Bonus
COMP News - An artificial intelligence firm based in India is rewarding its employees with unique NFTs as an appreciation bonus. Artificial Intelligence (AI) company ORAI Robotics has announced on...
L.L. Bean Boosts Revenue in Record-Setting FY ’21, Approves Bonuses
COMP NEWS - Outdoor retailer L.L. Bean is distributing some of the profits from its 14% revenue increase in 2021 by allocating new bonuses for employees. The company is offering a one-time...
40% of Freelance Designers Turned Down Work Last Year. Here’s What Matters More Than Raw Compensation
COMP NEWS - A new study by 99designs, a freelance design platform, recently uncovered that nearly half of all freelance designers turned down work in 2021. The number one reason for turning down...
Pandemic Generation of Junior Lawyers Win Power Amid Talent War
COMP NEWS - The ongoing talent war has empowered junior lawyers to seek new work opportunities and better compensation from their current employers. The last two years ushered in a massive jump in...
Amid Inflation Spike, Executives at J&J, Bayer, GSK Temper Profit Expectations
COMP NEWS - Inflationary pressures are putting a strain on the profitability of top pharmaceutical companies as input costs rise. Recently, executives at some of the largest companies in the...