by David Creelman | Nov 23, 2021 | Blog Posts |
Compensation systems are designed to keep average compensation under control. They are designed to attract and retain average people by paying close to market average compensation. They do an excellent job of playing defense and minimizing the problems of pay. What...
by Brennan Zagami | Nov 18, 2021 | Comp News |
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 to be allocated. Legislative leaders agreed to two cornerstones...
by Brennan Zagami | Nov 11, 2021 | Comp News |
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 ad on Friday offers $21 an hour along with $125 extra per week...
by Brennan Zagami | Oct 14, 2021 | Comp News |
COMP News – As firms across the country are reevaluating their compensation plans in the wake of COVID-19, an energy company in Chesapeake seeks to permanently change its long-term incentive plan to improve performance and lock executives into company tie-ins....
by Brennan Zagami | Oct 13, 2021 | Comp News |
COMP News – Throughout the pandemic, big law firms across the industry have realized their employees are facing burnout. One way these firms are helping their employees is through bonuses. In September 2020, Cooley LLP, a Palo Alto-based law firm, announced it...
