COMP NEWS: DAILY COMPENSATION STORIES
Delta Posts 4Q Loss, But Airline Employees Will Still Get Bonus Checks
COMP News - Delta Airlines recently announced a “special profit-sharing payment” of $1250 to be paid to each of its employees this upcoming Valentine’s Day. The bonus is coming after a rough year...
Previously Planned Salary Budgets Receiving a Bump for 2022
COMP NEWS - A new WorldatWork salary budget survey has found that organizations are hiking their salary budgets in 2022, a necessary step to retain top talent in an economy that has been plagued by...
Portland Restaurant Eliminates Tipping, Adds Service Fee In Effort To Improve Wage Equity
COMP NEWS - A restaurant in Portland is offering a new system for its employee wages, eliminating the industry's usual tip-based, pay-for-performance model and charging a flat service rate instead....
Columbus To Award Nearly $10M In Bonuses To Public Safety Employees
COMP NEWS - Columbus, GA approved the spending of up to ten million dollars in bonuses for public safety employees. Eligible employees will include police officers, firefighters, and EMS. Columbus...
CEO Of Software Company Offers New Staff $5,000 To Resign After Two Weeks – And It Helps Him Retain Top Talent.
COMP NEWS - The Great Resignation is making it difficult for employees to retain their employees. But for one CEO, he's actually paying his workers to resign - and it's helping him retain his top...
2021 Survey Shows Companies Offer Fertility Benefits To Retain Top Talent
COMP NEWS - A recent survey that was performed by Mercer and commissioned by RESOLVE: The National Infertility Association found that employers who offer fertility benefits often do so as a means of...
6 areas where inflation could hurt Oklahomans’ wallets in 2022
COMP NEWS - Inflation could harm Oklahomans in unexpected ways this upcoming year. Oklahomans should expect prices to rise in 2022 on many items, whether it's retail purchases, housing costs,...
Driver Shortages Define Trucking Industry For 2021
COMP NEWS – Over the last 18 months, pressure on the logistics industry has been increasing as the rising demand for drivers has outpaced the rate of new drivers entering the profession. Driver...
Cravath, Swain & Moore Overhauls Partner Pay Structure To End ‘Pure Lockstep’
COMP NEWS - Prestigious law firm Cravath, Swain & Moore is changing its pay structure to a performance-based plan, a huge shift for a law firm that has paid based on seniority for decades....
Apple Is Giving Out Bonuses Of Up To $180,000 To Retain Top Employees
COMP NEWS - The Great Resignation continues to rumble through the United States, with few industries spared. Silicon Valley has been no exception. To retain its top talent, Apple is now awarding 6...
