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How Can US Solve ‘Great Resignation’? Create Better Jobs, Labor Secretary Marty Walsh Says

by Brennan, David Carlton | Jan 26, 2022 | Comp News | 0 comments

COMP NEWS – Marty Walsh, the United States Secretary of Labor, recently spoke out about the ‘Great Resignation’ and the current state of the US labor market. “There’s been a lot of talk about the so-called ‘Great Resignation’. That’s not the real...

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...

Delta Posts 4Q Loss, But Airline Employees Will Still Get Bonus Checks

by Brennan | Jan 17, 2022 | Comp News | 0 comments

COMP News – Delta Airlines recently announced a “special profit-sharing payment” of $1250 to be paid to each of its employees this upcoming Valentine’s Day. The bonus is coming after a rough year for the airline industry and Delta in particular. In fact, Delta...

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...
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Compensation News

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