by Kevin | Apr 30, 2024 | College and University, Compensation, Faculty Compensation
New insights from a recent study conducted by CUPA-HR shed light on the salary landscape within higher education for the 2023-24 period. Notably, median pay increases continued their upward trajectory from the previous year, surpassing the inflation rate for the first...
by Kevin | Aug 9, 2023 | Compensation
In March 2023, state and local government organizations spent an average of $58 an hour in staff wages and benefits, according to the U.S. Bureau of Labor Statistics (BLS). Their civilian and private sector counterparts managed $43.07 and $40.79 per hour respectively...
by Kevin | Jul 5, 2023 | Compensation
The year 2023 has brought significant positive news for employees across several industries. After the 2008 financial crisis, compensation increases, including salary raises, bonuses, and benefits, are being reported. This resurgence in compensation growth marks a...
by Kevin | May 3, 2023 | Compensation
Compensation is a crucial factor in attracting, retaining, and motivating employees. It is the payment or remuneration given to employees in exchange for the services they render. The amount of compensation that an employee receives depends on various factors, and...
by Kevin | Jul 20, 2022 | Compensation
Workers for private companies in the Los Angeles Metropolitan Area saw wage increases for a 12-month period ending March 2022. This increase was reported by the Bureau of Labor Statistics (BLS), a division of the U.S. Department of Labor. The 5.2 percent compensation...
by Kevin | Jul 13, 2022 | Compensation
Schools are facing a metamorphosis in the fallout of the pandemic involving teacher pay. Innovative schools have led the way toward a new faculty compensation model. Here’s a look at how Graland Country Day School in Denver, Colorado, has pioneered a new model...
