COMP NEWS: DAILY COMPENSATION STORIES
Odell Beckham Jr. Seeking Cryptocurrency Compensation From LA Rams
COMP NEWS - Newly signed Los Angeles Rams’ wide receiver, Odell Beckham Jr., announced on Twitter that he plans to take his salary in Bitcoin. The LA Rams have just signed a new wide receiver to the...
Dorsey Caps Partner Draws, Furloughs a Fragment of Its Workforce
COMP NEWS - Law firms across the US had a very positive 3rd quarter. However, highly paid associates are taking a large chunk out of legal firms’ bottom lines. The latest Thomson Reuters Peer...
Higher Prices on Amazon Cause Retail Ripple Effect
COMP NEWS - Amazon has raised prices by an average of 7.5% this year. According to Amazon, this price rise is due to inflation. That’s particularly true at Amazon, which has raised prices faster...
NYC Mayor-Elect Eric Adams Taking First Three Paychecks In Cryptocurrency
COMP NEWS - The New York City mayor-elect joined a few other prominent figures in his open support of crypto, claiming that he is going to take his first three paychecks in Bitcoin and that NYC is...
Prices Climbed 6.2 Percent Since Last October, Largest Rise in 3 Decades
COMP NEWS - Overall prices in the United States have risen about 6.2 percent over the last 12 months as a consequence of inflation. Prices rose 6.2 percent in October compared with a year ago, the...
City Employees in Virginia Beach Struggle to Support a Family on State Wages
COMP NEWS - A report from The Commonwealth Institute for Fiscal Analysis, a non-profit advocacy group, found that many city employees in Virginia Beach and Newport News do not earn enough...
The US Government Dramatically Underestimated Job Growth This Summer
COMP NEWS - The Bureau of Labor Statistics (BLS) underestimated job growth by more than 626,000 jobs for the months of June through September. This indicates that the labor market’s pandemic...
10,000 John Deere Union Workers Make Historic Gains, Ending Five-Week Strike
COMP NEWS - Over the last five weeks, more than ten thousand John Deere employees have been on strike demanding higher wages. These requests were recently met as John Deere has agreed to a proposal...
Wages are rising, but can they keep up with inflation?
COMP NEWS - The Federal Reserve is in a tough position. On one hand, the country continues to experience nationwide strike efforts as employees demand higher wages and better benefits. On the other...
Massachusetts Senate Approves $3.82 Billion Stimulus Package With $500 million For Essential Workers
COMP NEWS - The Massachusetts Senate approved a bill that will spend $500 million on bonuses for essential workers as well as $500 million for unemployment insurance. The rest of the funds have yet...
