by Brennan | Feb 24, 2022 | Comp News |
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,...
by Brennan, David Carlton | Feb 22, 2022 | Comp News |
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...
by Brennan, David Carlton | Jan 24, 2022 | Comp News |
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...
by Brennan | Jan 14, 2022 | Comp News |
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...
by David Creelman | Jan 6, 2022 | Blog Posts |
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...