COMP NEWS: DAILY COMPENSATION STORIES
Alabama Has Nation’s 11th Largest Labor Shortage, Study Finds
COMP NEWS - According to a study performed by CareerCloud that merged data from the Bureau of Labor Statistics and popular job boards, Indeed, ZipRecruiter, and CareerBuilder, Alabama has the...
Jobless Applications Fall To Another Pandemic-Era Low Despite Delta Spread
COMP NEWS - The most recent US Labor Department report has indicated that the labor market continues to recover, as jobless applications dropped to a new low since March of 2020. The Labor...
Amazon To Pay Hourly Workers’ College Tuition
COMP NEWS - With the rising labor shortage across the United States, many companies are having to find new and creative ways to retain their labor force. For most companies, that means offering...
Tennessee Employers Discuss State Of Staff Shortages After COVID-19 Unemployment Programs End
COMP NEWS - Tennessee unemployment benefits ended in this past July. Some Tennessee employers are finally seeing a rise in their employment rate, while some employers are still struggling to bring...
Monument Health Increases Minimum Wage, Adds COVID-19 Bonus Pay
COMP NEWS - Monument Health, an integrated health care provider based in Grand Rapids, MI, increased their minimum wage up to $15.50. In addition to this increase, they are also rewarding certain...
Experts Anticipate Legal Battle Over COVID-Related Workers’ Compensation In Virginia
COMP NEWS - Many frontline workers are fighting for workers’ compensation benefits when battling severe cases of COVID-19. However, legal battles are expected to take place over new legislations...
Wage Gains Increased In August, Though Hiring Slowed
COMP NEWS - The month of August saw steady increases in employee compensation, maintaining a pattern of economic growth that has climbed steadily over the past few months. In contrast to the wage...
Walmart Increases Hourly Wage For Over Half A Million Workers
COMP NEWS - Walmart is increasing the hourly wage of over half a million of its store associates, the chain's latest compensation increase seeking to attract and retain store workers amidst an...
PNC Bank To Raise Base Wages To $18 An Hour
COMP NEWS - PNC Bank is raising the base wage of its employees from $15 an hour to $18 an hour, a 20% compensation increase for over 20,000 of its employees. PNC Bank is the latest large U.S....
Automated Hiring Software Is Rejecting Millions Of Qualified Job Candidates
COMP NEWS - Automated hiring software is rejecting qualified candidates on an alarming scale, according to a new report from Harvard Business School. Automated resume-scanning software is...
