by Brennan Zagami, 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 Zagami, 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 Zagami | 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...
by Brennan Zagami | Jan 5, 2022 | Comp News |
COMP NEWS – Prestigious law firm Cravath, Swain & Moore is changing its pay structure to a performance-based plan, a huge shift for a law firm that has paid based on seniority for decades. Cravath, one of the oldest law firms in the US, will shift from its...
