COMP NEWS: DAILY COMPENSATION STORIES
The Russia-Ukraine War Might Increase Oil Prices In The US
COMP News - Many economists suspect that economic turbulence caused by the ongoing Russian invasion of Ukraine could affect rates of inflation in the US. Economists are bracing for a suspected...
New Inflation Reading Shows The Small Business Tipping Point Has Been Reached
COMP NEWS - With inflation heavily impacting the world, small businesses are being forced to pass along rising costs to customers to stay profitable. The latest Consumer Price Index reading, the...
What Follows The Great Resignation? New Job Anxiety
COMP NEWS - Settling into a new position can be nerve-racking. As the great resignation continues, HR professionals are searching for ways to best ease this ‘new job anxiety' that may take effect....
US Companies Target Environmental And Social Targets To Executive Bonuses
COMP News - Many top US companies are adding bonus awards for executives based on environmental and social targets. Recently, Starbuck’s CEO, Kevin Johnson was rewarded for reducing the company’s...
Salaries Soar As Satisfaction With Compensation Wanes
COMP News - The 2022 Agency Salary Survey conducted by Insurance Journal confirms what the Great Resignation has revealed - that employees are no longer satisfied with only pay increases. Results...
Following Employee Outcry, Ford Increases Bonuses For Some Salaried Workers
COMP News - Ford recently announced that it will double 2021 bonuses for its lower-level employees and supervisors. These changes come after a wave of employee complaints concerning inequity in...
Inflation Drives Up Electricity Costs In California By 9-20%
COMP NEWS - PG&E, an electricity provider in California, is raising the cost of its electricity, stating that inflation has made electricity more expensive. PG&E is once again raising its...
Union Employees At Kentucky American Water Call Off Strike – For Now
COMP News - Employees of Kentucky American Water called off an impending strike and agreed to meet with their employer to negotiate new terms. Kentucky American Water employees who had planned to go...
Amazon More Than Doubles Salary Caps to $350,000 for US White-Collar Employees
COMP News - In a move to retain and attract new talent, Amazon has doubled its salary cap to $350,000 for administrative positions. Amazon is dramatically increasing salary caps for its US-based...
New Survey Details The State of Workplace Connection
COMP NEWS - Blueboard recently released the results of a study that aimed to gain an understanding of the priorities of HR professionals as well as how they view workplace connection. Nearly 400 HR...