#employee-compensation

#employee-compensation

In an internal memo on Thursday, ANZ Group said employees' salaries will be cut if they are not in the office for at least half the working week. A spokesperson for ANZ confirmed the contents of the memo to Business Insider. "Our hybrid working expectation has been made clear to our employees, including potential impact on future remuneration if employees don't have an appropriate exception," an ANZ spokesperson said. They added that the flexible working policy has existed for a number of years.

AT&T's principal software engineers are compensated between $167,098 and $207,425, showing competitive pay relative to other tech companies like Meta and Microsoft.

The "Big, Beautiful Bill" exempts the first $25,000 of a qualifying worker's annual tips from income taxes, prompting employers to encourage tips more aggressively.

"Clear, consistent communication and manager training are critical to transparency efforts. Without them, even well-intentioned strategies can fall short."

Ruth Thomas, the chief compensation strategist at Payscale, said that when companies use AI to analyze large amounts of compensation-related data, it can help promote pay transparency and provide HR teams with a tool for understanding new job markets.

"Your pay team approached it in good faith, believing that the company were prepared to improve their derisory and insulting offer to managers."