US Companies Target Environmental And Social Targets To Executive Bonuses

by Brennan | Feb 24, 2022 | Comp News | 0 comments

COMP News – Many top US companies are adding bonus awards for executives based on environmental and social targets. Recently, Starbuck’s CEO, Kevin Johnson was rewarded for reducing the company’s plastic straw use. Kevin Johnson, Starbucks’s chief executive,...

Following Employee Outcry, Ford Increases Bonuses For Some Salaried Workers

by Brennan, David Carlton | Feb 22, 2022 | Comp News | 0 comments

COMP News – Ford recently announced that it will double 2021 bonuses for its lower-level employees and supervisors. These changes come after a wave of employee complaints concerning inequity in bonus amounts were levied against the company. At issue are bonuses...

Inflation Is Wiping Out Pay Increases For Most Americans

by Brennan, David Carlton | Jan 24, 2022 | Comp News | 0 comments

COMP News – The United States saw inflation of 7% in 2021, a number much higher than in years past. Nonetheless, most industries’ wages did not keep pace with inflation, effectively wiping out pay increases for most Americans. Inflation rose 7 percent last...

Previously Planned Salary Budgets Receiving a Bump for 2022

by Brennan | Jan 14, 2022 | Comp News | 0 comments

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 resignations. WorldatWork’s “Salary Budget Quick Poll” confirms...

How Inflation Can Make Compensation Planning Easier

by David Creelman | Jan 6, 2022 | Blog Posts | 0 comments

This is the third article in an ongoing series by David Creelman about redesigning compensation planning to acquire and retain top performers. This week’s article is about inflation and compensation planning. To catch up on our previous discussion, read the...