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...

The Long Resignation? Workers Continue Quitting For Better Pay, Benefits

by Brennan | Jan 20, 2022 | Comp News | 0 comments

COMP News – A record number of Americans are quitting their jobs for better pay and benefits amidst what economists have called “The Great Resignation.” Many employers will need to implement new compensation structures if they want to hire and retain talent. A...

‘Pay-For-Performance’ Program Pays Farmers To Pursue Pollution Reduction

by Brennan | Jan 18, 2022 | Comp News | 0 comments

COMP News – A recent grant from the United States Department of Agriculture’s Natural Resources Conservation District is contributing to a “pay for performance” program that rewards farmers who reduce phosphorus pollution in local bodies of water. A new program,...

Columbus To Award Nearly $10M In Bonuses To Public Safety Employees

by Brennan | Jan 13, 2022 | Comp News | 0 comments

COMP NEWS – Columbus, GA approved the spending of up to ten million dollars in bonuses for public safety employees. Eligible employees will include police officers, firefighters, and EMS. Columbus Council approved a resolution Tuesday to spend an estimated $10...

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...