by Brennan Zagami | Jan 29, 2024 | Comp News |
COMP NEWS – Microsoft is cutting hundreds of workers from its video game staff, following a recent trend in mass layoffs for video game publishers. Microsoft is cutting 1,900 staff from its video game workforce, sources have told IGN. In a message to staff...
by Brennan Zagami | Jan 26, 2024 | Comp News |
COMP NEWS – Wayfair has announced that it will lay off more than 1,600 employees, marking the company’s third consecutive year of trimming its workforce after a period of zealous overhiring in 2020. Wayfair is laying off 1,650 employees, amounting to 13%...
by Brennan Zagami | Jan 25, 2024 | Comp News |
COMP NEWS – A new report highlights the drastic effect that low pay raises have on employee retention. As employers mull their 2024 compensation plans, a new report reveals how workers feel about pay—and how much less of a raise it would take to sway them from...
by Brennan Zagami | Jan 24, 2024 | Comp News |
COMP NEWS – Walmart is increasing its store manager’s average salary from $117,000 to $128,000. Walmart told store managers on Thursday that it would be increasing their average salary from $117,000 to $128,000 per year. The raise will be effective from...
by Brennan Zagami | Jan 23, 2024 | Comp News |
COMP NEWS – Tesla is reevaluating its compensation strategy with a second wave of pay adjustments after the company’s last wave of pay increases angered employees. Tesla told employees today that it will do another pay adjustment, a second in a few weeks,...
by Brennan Zagami | Jan 22, 2024 | Comp News |
COMP NEWS – Gen Z is shunning the notion of working long and hard hours after watching “the legacy of broken promises” corporate America made to their predecessors. Gen Z is choosing to “work to live” rather than “live to...
