COMP NEWS: DAILY COMPENSATION STORIES
Average Family Premiums Rose 4% This Year; Employers Boost Mental Health and Telemedicine
COMP NEWS - According to a benchmark KFF Employer Health Benefits Survey, the average employer-sponsored health insurance rose to an average of $22,221 this year. Annual family premiums for...
Salary Study for University of Wisconsin Staff Brings Concerns
COMP NEWS - Recently, the University of Wisconsin System undertook a study evaluating their current pay levels and job titles to develop new pay ranges for many positions. This left some employees...
Discussing Human Capital: Are S&P 500’s in Compliance with the New SEC Disclosure Requirement?
COMP NEWS - After a new requirement was added to the 10-K “Business” section by the US Securities and Exchange Commission last year, a survey sought to gauge how the requirement was treated by...
Northeast Ohio Labor Strikes Continue; Akron Metro RTA Employees Threaten To Walk Off
COMP NEWS - A degree of labor unrest has spread across the country, as unions demand higher wages amidst historically high inflation rates. Akron Metro RTA employees are threatening to walk off the...
Connecticut Employers Offer New Incentives and Flexibility to Lure Workers
COMP NEWS - Companies are offering bonuses in an attempt to fill jobs. Companies continue to offer bonuses, particularly for seasonal jobs like holiday package delivery. A United Parcel Service job...
Strong U.S. Payrolls Brighten Economic Outlook; Millions Still Missing From Workforce
COMP NEWS - Despite many businesses increasing overall compensation for employees, the unemployment rate still remains much higher than pre-pandemic levels. U.S. employment increased more than...
Amazon Takes Another Swipe At Union As Alabama Rematch Looms
COMP NEWS - After eeking out a win against would-be unionizers in Alabama earlier this year, Amazon is now facing a second vote as the prospective unionization of employees continues at the...
Gig Workers’ Health Studied by New California Labor Laboratory
COMP NEWS - The California Labor Laboratory is conducting a study on the health and welfare of gig workers in California. By some estimates, California’s alternate or gig work economy makes up to 40...
Low Labor Participation May Slow Economic Development in West Virginia
COMP NEWS - While unemployment levels have begun to stabilize, a new issue is taking president: low labor participation rates. The September unemployment rate is at a seasonally adjusted rate of 4.6...
CFOs Plump Salaries, Perks to Land Elusive New Employees
COMP NEWS - Amidst the current labor shortage, companies have had to find new compensation packages to offer to attract new employees, as well as keep the ones they already have. Employees have quit...
