employee compensation News

Twitter Violated Contract by Failing to Pay Millions in Bonuses, Judge Rules

Twitter violated contracts by failing to pay millions of dollars in bonuses that the social media company, now called X Corp, had promised its employees, a federal judge ruled on Friday. Mark Schobinger, who was Twitter’s senior director of compensation …

Chronic Scarcity of UK Workers Blamed on COVID and, of Course, Brexit

On the outskirts of the Scottish town of Kirkcaldy is a crop of new houses on their way to completion. There are two large banners pinned to the perimeter fence with a mobile phone number: “Bricklayers Required.” Rather than prices …

‘Talent War’ Forces Companies Across Globe to Pay Higher Salaries to Woo Workers

The COVID-19 pandemic has worsened a shortage of white-collar workers in many countries, forcing companies to pay higher salaries to woo talent, a top London-based recruiter said on Tuesday [July 27]. Robert Walters – which specializes in the likes of …

Allstate CEO Calls On U.S. Corporations to Pay Employees More

U.S. businesses must focus on creating higher-paying jobs,Tom Wilson, Allstate chair, president and chief executive officer, writes in today’s New York Times. Wilson calls on America’s corporate leaders to prioritize job creation and make it a regular topic of discussion …

Insurance Regulators to Job-Switchers: Look Beyond Salary

Many Americans who leave their jobs to improve their financial situation fail to consider their total compensation package when making the decision, according to a consumer survey. The survey by the National Association of Insurance Commissioners (NAIC) found that many …

Supreme Court Exempts Time ‘Donning and Doffing’ Safety Gear from Employee Pay

The U.S. Supreme Court ruled on Monday that employees at a U.S. Steel Corp. plant do not have to be paid for the time they spend “donning and doffing” safety gear before and after their shifts. The nine justices were …

Employer Costs for Employees Lowest in South, Highest in Northeast

Total employer costs for employees in private industry ranges from $26.14 per hour in the South to $32.98 in the Northeast. According to U.S. Bureau of Labor Statistics, the same costs are $28.06 in the Midwest and $30.01 in the …