Comp & Benefits: Page 14
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Generative AI skills bring nearly 50% salary bump: Indeed
Tech workers who are competent in the nascent technology can expect average salaries of more than $174,000, according to the company.
By Roberto Torres • Feb. 22, 2024 -
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Wages remain convenience stores’ biggest labor barrier
Nearly half of c-store workers under management level who left their jobs last year did so because of insufficient pay, while safety concerns keep many others from applying at all, according to a report.
By Jessica Loder • Feb. 21, 2024 -
Explore the Trendline➔
Adeline Kon/HR Dive
TrendlineInside the rapidly changing world of employee benefits
Healthcare costs are climbing and employee needs are changing. How can HR professionals adapt?
By HR Dive staff -
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Why managers are critical in the fight to promote Black mental health at work
Leaders must account for factors such as the history of mental health support in the Black community, Kanarys’ Kendra Mack told HR Dive in an interview.
By Ryan Golden • Feb. 21, 2024 -
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Survey: Missed work, cost cause older workers to forgo elective surgeries
The share of U.S. adults ages 60 and above who are employed doubled between 2000 and 2020, according to U.S. Census Bureau data.
By Ryan Golden • Feb. 16, 2024 -
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LA Grand Hotel employees strike against ‘untenable’ workplace conditions
The union workers are the latest in Southern California to walk off the job seeking higher wages and safer working conditions.
By Jenna Graber • Feb. 16, 2024 -
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Employers with California workers must submit pay data by May 8
Employers need to recognize that even if they have only one employee in California, they must abide by the state’s pay data reporting requirements, a Fisher Phillips partner said.
By Ginger Christ • Feb. 15, 2024 -
Daphne Howland/HR Dive
6 ways employers are investing in compensation and benefits
Workers may be nervous with recent layoff announcements and the growth of AI, but many big companies are doubling down on their investments in talent.
By Emilie Shumway • Feb. 15, 2024 -
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Lyft accelerates driver compensation, guaranteeing 70% of riders’ fares
The company announced a slew of changes in hopes of improving the driver experience.
By Caroline Colvin • Feb. 8, 2024 -
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Employers explore emergency savings benefits as workers struggle to stay afloat
Employee financial resilience has been a “significant challenge” in recent years, and a recent regulatory change may spur adoption of a new solution.
By Ryan Golden • Feb. 8, 2024 -
Photo by Anthony Shkraba from Pexels
Want to revamp employer branding? Establish a global benefits standard
As employers seek to approach benefits packages more mindfully in 2024, establishing a “global standard” may help attract and retain talent.
By Caroline Colvin • Feb. 7, 2024 -
Courtesy of Food Lion
Why are Black workers less likely to have retirement savings?
The financial pressures on Black workers, especially those from low-income backgrounds, can put a peaceful retirement perpetually out of reach.
By Jen A. Miller • Feb. 7, 2024 -
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3 charts breaking down unlimited PTO trends
Open PTO has garnered interest from employees and employers alike in recent years. But how many have really implemented the benefit?
By Kate Tornone • Feb. 2, 2024 -
Mario Tama / Staff via Getty Images
Bank of America expects employee sabbaticals to pay dividends
Since January 2023, thousands of people have taken advantage of the program, a company spokesperson said.
By Caroline Colvin • Feb. 1, 2024 -
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Three-quarters of workers, students surveyed admit to concealing illness around others
Working while sick was common before the pandemic and remains common, studies show.
By Emilie Shumway • Jan. 31, 2024 -
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Walmart announces 3-for-1 stock split
The retailer said the move, the 12th in its history, will keep share purchase prices within reach for associates.
By Nate Delesline III • Jan. 31, 2024 -
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With new stock grants, Walmart store manager pay could exceed $400K
The annual stock grants vary by store format. At Supercenters, they amount to $20,000.
By Nate Delesline III • Jan. 30, 2024 -
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Federal agency salary history ban to take effect by October 2024
Separately, a proposal would institute both a pay history ban as well as a pay transparency requirement for federal contractors and subcontractors.
By Ryan Golden • Jan. 29, 2024 -
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Most US employers plan to boost their leave programs in next 2 years, WTW finds
Leave program enhancements have become table stakes in the post-pandemic talent market.
By Ryan Golden • Jan. 26, 2024 -
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Bank of America, Wells Fargo announce bonuses to rank and file
About 97% of BofA’s workforce will get restricted stock bonuses worth a collective $800 million, while Wells Fargo employees who make less than $75,000 are eligible for cash awards of $1,000.
By Rajashree Chakravarty • Jan. 26, 2024 -
Mario Tama / Staff via Getty Images
Chipotle targets Gen Z workers with latest benefits
The chain, whose workforce is 73% Gen Z, hopes to appeal to the demographic’s economic insecurity and hire 19,000 workers by spring.
By Aneurin Canham-Clyne • Jan. 25, 2024 -
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Current wages aren’t keeping up with cost of living, workers say
Per Monster’s 2024 workplace report, the economy is straining both employers and employees — but flexible scheduling may provide an egalitarian benefits middle ground.
By Caroline Colvin • Jan. 25, 2024 -
Courtesy of QDOBA
Qdoba will pay $3.8M to settle claim it failed to provide pay ranges in job ads
The quick-service restaurant ran afoul of Washington state law, a class action lawsuit alleged.
By Kate Tornone • Updated April 19, 2024 -
Mario Tama via Getty Images
California’s $20 fast food wage poses risk and reward, execs say at ICR
Operational changes, value offerings and pricing are key tools in preserving traditional margins as wages rise, leadership from major chains shared.
By Aneurin Canham-Clyne • Jan. 23, 2024 -
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Sponsored by BrightmineEmbracing pay transparency to drive pay equity
Learn how employers can drive transparency and address disparities through proactive measures in compensation and benefits.
Jan. 22, 2024 -
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Walmart ups store manager pay to an average $128K, revamps bonus structure
“The number one driver of job satisfaction is an associate’s manager,” a Walmart executive noted in his announcement.
By Emilie Shumway • Jan. 19, 2024
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