Tech Giants Boosted CEO Pay Before Layoffs, Data Shows

by Brennan Zagami | Aug 9, 2023 | Comp News | 0 comments

COMP NEWS – Silicon Valley has seen a dearth of layoffs and job cuts in the last year and a half, but another phenomenon has occurred too – CEO pay at tech companies jumps just before rounds of layoffs, according to recent data. While some tech giants...

Zoom Puzzles and Frustrates Employees With Return to Office Mandate

by Brennan Zagami | Aug 8, 2023 | Comp News | 0 comments

COMP NEWS – Zoom, the telecommunications company that skyrocketed to cultural and market dominance through the recent advent of remote work, is demanding its employees return to the office. The move is puzzling and frustrating employees who have grown accustomed...

Instacart Just Slashed Its Minimum Drivers’ Pay Almost in Half

by Brennan Zagami | Aug 7, 2023 | Comp News | 0 comments

COMP NEWS – Grocery delivery service Instacart has just slashed its minimum driver pay per order down to $4 – almost half of the previous $7 minimum. The people who deliver your groceries through Instacart just took a big pay cut. Drivers for the delivery...

Women Workers to Be Impacted More Than Men by AI Wave, Says McKinsey

by Brennan Zagami | Aug 4, 2023 | Comp News | 0 comments

COMP NEWS – Research titan McKinsey & Co. are worried that automation and AI will replace a swath of low-income workers – with a majority of those affected being women. Women have more to worry about than men from a coming wave of automation and...

The Four-Day Workweek Leads to More Work Done in Less Time

by Brennan Zagami | Aug 3, 2023 | Comp News | 0 comments

COMP NEWS – A new trial study on the four-day workweek confirms what most other trial studies have discovered – that employees under the schedule consistently accomplish more work in less time. Findings from one of the largest experiments with a four-day...