What is AI’s Role in Compensation?
Artificial intelligence (AI) refers to computer systems that can perform tasks typically requiring human intelligence, such as understanding natural language, recognizing patterns, making...
Salary.com Webinar: 4 Ways to Avoid Painful Turnover in 2024
Join Salary.com's VP of Comp Management, Jamie Davis, and Solutions Consultant, Alden Aikins, for the webinar, 4 Ways to Avoid Painful Turnover in 2024, where we dive into the critical...
Getting your managers in the right compensation mindset
An HR pro I know said, “The task is easy, it’s the people that are difficult.” In the case of compensation, the difficult people are probably managers who don’t spend much time thinking about...
How Reward Can Make Good Use of The People Analytics Team
If you’ve been in the HR space these past few years, you’ve probably heard about the industry’s new golden calf: people analytics, the data-driven method of studying people processes, functions, and...
The Skilled Compensation Shortage No One Is Talking About
I often encounter individuals eager to embark on a career in Human Resources (HR). Regrettably, very few express a desire to specialize in compensation. This lack of interest makes it challenging...
Compensation Pros Should Become Experts in Measuring Performance
Let me know if I’m being presumptuous, but it seems to me that compensation pros get stuck doing an awful lot of repetitive manual tasks. The touted solution to such toil is usually this: use a...
Nobody’s Perfect: What to Compromise When Choosing an HR Software Solution
As companies evolve, they follow a natural inclination to acquire new technologies that can streamline their processes and support organizational growth. At the heart of these technological...
Compensation Data and The HR Suite: Understanding Data Management in HR Software Solutions
Compensation planners know that every decision made about incentive programs, benefits packages, variable pay structures, and stock option compensation is informed by one essential asset: data. Lots...
Why Compensation Planning Needs Comprehensive Service
Important Considerations When Choosing a Compensation Module One thing remains true in the marketplace of services: people don’t remember how crucial customer service is until they receive a...
Aldi Plans to Raise Pay and Hire More Than 13K New Employees
COMP NEWS - Aldi US is gearing up for a hiring spree and looking to boost its starting wages by more than 20%. Aldi US announced Wednesday that it plans to hire more than 13,000 store and warehouse employees. The discount grocer will also raise its national average...
Around 1,000 GM Workers Getting 35% Raise After Joining United Auto Workers Union
COMP NEWS - More than 1,000 employees at a General Motors plant in TN will get a 35% raise after joining the United Auto Workers Union. Approximately 1,000 employees at a General Motors joint venture electric vehicle battery facility in Spring Hill, Tennessee, are set...
AI Might Change Employee Benefits in the Near Future
COMP NEWS - AI may be used to help administer certain employee benefits in the future, according to some benefits experts. Managing benefits can be exhausting. There is an immense amount of legal-sounding text to digest for health and life insurance plans. And...
Pay Gap Between Bosses and Ordinary Workers Widens in Switzerland
COMP NEWS - The pay gap is widening between bosses and ordinary workers in Switzerland, according to a new study. ZURICH, Aug 26 (Reuters) - The gap between the highest- and lowest-paid workers in Switzerland widened in 2023, with top managers earning on average 143...
3 in 5 US Workers Live Paycheck to Paycheck, According to Survey
COMP NEWS - More than half of U.S. workers are living paycheck to paycheck and over 80% are financially stressed, according to a new survey. Three in five U.S. workers reported living paycheck to paycheck, according to PNC Bank’s second annual Financial Wellness in...
Japan, Famous For Overwork Culture, Eyes a 4-day Workweek
COMP NEWS - Japan is famous for its stringent work culture, so much so some workers sleep at their desks between long hours. In recent years, the country's work culture has shifted to better accommodate working conditions. Now, the government is even expressing...
A Florida Town Gave Bonuses to its City Workers – But They May Have Been Illegal
COMP NEWS - The town of St. Petersburg, Florida gave its city employees nearly a quarter of a million dollars in bonuses, but then clawed them back? Why? Because the bonuses may have been distributed illegally, according to the state's Attorney General's Office. When...
Atlanta Mayor Signs Legislation to Increase City Employee Pay
COMP NEWS - Atlanta city employees are getting a sizable pay bump starting in 2025. ATLANTA, Ga. (Atlanta News First) - The pockets of Atlanta city employees are getting deeper after the City Council unanimously passed a pay increase for all city employees to begin...
Flight Attendants Are So Underpaid, Many Work Second Jobs
COMP NEWS - Many flight attendants are so underpaid, they have to work second jobs, according to America's largest flight attendants union. For decades, Hollywood and media have glamorized flight attendants for a fast-paced, globe-trotting lifestyle. In reality, their...
More Than 8 in 10 Recruiters Post Fake Job Openings
COMP NEWS - An astounding 81% of recruiters say that their employers post fake jobs for positions that don't exist or aren't currently hiring according to a recent survey from MyPerfectResume. About 81% of recruiters say that their employer posts “ghost jobs,” or...
Pay Gap Between Bosses and Ordinary Workers Widens in Switzerland
COMP NEWS - A new report identifies a widening gap in pay occurring in Switzerland, with the highest-paid workers making as much as 143 times more than their lowest-paid colleagues. ZURICH, Aug 26 (Reuters) - The gap between the highest- and lowest-paid workers in...
Rhode Island Representative Introduces Federal Bill to Crack Down on Wage Theft
COMP NEWS - U.S. Rep. Seth Magaziner is planning to introduce a bill to Congress that would make wage theft a felony offense, significantly increasing the damages companies would be liable for if found guilty. Working people across the United States regularly step up...
Citigroup Raises Pre-Brexit Cap on London Bankers’ Bonuses
COMP NEWS - Citigroup Inc. is changing its compensation structure for its UK bankers, allowing them to earn bonuses as high as six times their base salary. This new bonus structure would allow bankers and lenders to earn nearly three times what they can earn now....
17,000 Workers at AT&T Southeast Strike Over Unfair Labor Practices
COMP NEWS - Over 17,000 AT&T workers are on strike in protest of unfair labor practices. Negotiations for a new union contract have been ongoing, but the Communications Workers of America (CWA) charge that AT&T has refused to bargain in good faith. ATLANTA –...
