COMP NEWS: DAILY COMPENSATION STORIES
Restaurant Workers Are Still Quitting In Drove
COMP News - As the Great Resignation hits the restaurant industry, owners are searching for new ways to retain and attract employees. Oftentimes the incentives offered by restaurants are not limited...
Inflation Drives Travel And Amusement Ticket Prices Up As Much As 100%
COMP NEWS - The cost of leisure activities such as travel and amusement are not safe from inflation, as ticket prices have increased by up to 100%. In general, the prices that consumers pay for...
Mississippi State Personnel Board Changing To Performance-Based Comp Structure
COMP NEWS - The Mississippi State Personnel Board is changing its pay system to a more performance-based compensation structure in order to “ensure a quality workforce.” The MSPB is the central...
Transportation Industry Continues Offering Hiring Bonuses To Attract Potential Workers
COMP NEWS - Companies across many different industries are implementing sign-on bonuses to attract new employees. These bonuses have been in response to key positions being empty in many companies....
How Can US Solve ‘Great Resignation’? Create Better Jobs, Labor Secretary Marty Walsh Says
COMP NEWS - Marty Walsh, the United States Secretary of Labor, recently spoke out about the ‘Great Resignation’ and the current state of the US labor market. "There’s been a lot of talk about the...
Kroger Employees Struggle To Afford Food And Rent, Says Survey Of 10,200 Workers
COMP News - A new survey by the Economic Roundtable says that many of Kroger's employees are struggling to afford food and rent. Some 78% of workers at eight Kroger-owned grocery chains — including...
Inflation Is Wiping Out Pay Increases For Most Americans
COMP News - The United States saw inflation of 7% in 2021, a number much higher than in years past. Nonetheless, most industries' wages did not keep pace with inflation, effectively wiping out pay...
The Long Resignation? Workers Continue Quitting For Better Pay, Benefits
COMP News - A record number of Americans are quitting their jobs for better pay and benefits amidst what economists have called “The Great Resignation.” Many employers will need to implement new...
DentalPost Releases 2022 Dental Professional Salary Survey Report
COMP News - The dental industry, like many others, is facing enormous challenges with staffing in 2022. DentalPost, the industry's leading online job board, has released a survey regarding salary...
‘Pay-For-Performance’ Program Pays Farmers To Pursue Pollution Reduction
COMP News - A recent grant from the United States Department of Agriculture’s Natural Resources Conservation District is contributing to a “pay for performance” program that rewards farmers who...