Peloton improves pay incentives to boost morale
Peloton improves pay incentives to boost morale
- Jul 11, 2022
- 470 views
- 0 comments
-
Share
Peloton had cut 2,800 jobs or about 20% of corporate positions back then. Now, however, the company says that it is taking action so employees can benefit as the company works on its turnaround efforts, Shari Eaton, Peloton’s chief people officer says, "The extraordinary circumstances that we find ourselves in now really give us that chance to pause and look at what it is that we can do to ensure future success."
According to an internal memo, Peloton told employees that eligible team members would have their post-IPO options repriced to Peloton’s closing price on July 1 of $9.13. For employees who do not want stocks in the company. Instead of an equity grant, Peloton's hourly workers will be eligible for a one-time cash bonus in September. Many of the company’s hourly employees have said they would prefer to receive cash compensation over longer-term equity grants.
Source: CNBC
- 470 views
- 0 comments
Tags In
Healthcare Job PlacementsYou might also like
Best tech jobs in the United States : BLS data
- Sep 06, 2022
- 819 views
- 0 comments
For several reasons, the IT sector is appealing to job seekers. ...Read more
Salaries for Californian fast food employees might rise to $22 per hour
- Sep 06, 2022
- 698 views
- 0 comments
Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more
Workers leave as job dissatisfaction grows
- Aug 17, 2022
- 870 views
- 0 comments
Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more
Microsoft offers graduates from African nations job prospects in the US & Canada
- Aug 17, 2022
- 675 views
- 0 comments
New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more
Casper is hiring professional sleepers
- Aug 10, 2022
- 938 views
- 0 comments
A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more
Category
-
Hiring & Firing
-
Campus Placement
-
Vendors & Software
-
Employee Conduct
-
Retention
-
Payroll
-
Career Development
-
Policies & Practices
-
Data Security
-
Emergency Response
-
Artificial Intelligence
-
Religious Accomodations
-
Employment Contracts
-
Unemployment Benefits
-
Retirement & Recognitions
-
Time Worked
-
Social Media
-
Executive Compensation
-
Substance Abuse
-
Intellectual Property
-
Educational Assistance
-
Workplace Security
-
Change Management
-
Networking
-
Global Mindset
-
Organization & Employee Development
-
Ethnicity
-
Background Checks
-
Environmental Health Hazards
-
Benefits
-
Workplace Culture
-
Analytical Aptitude
-
Succession Planning
-
Leadership Development
-
Workers' Compensation
-
Employee Resource Groups
-
Employee Handbooks
-
Technology
-
Salary Surveys
-
Disability Benefits
-
Firing
-
Mental Wellness
-
Closing
-
Health Savings Accounts
-
Hiring
-
Workplace Stories
-
Termination
-
Leadership &
-
Contemporary Issues
-
Pay Equity
Articles
If your organization is on a hiring spree too, one of the key things to consider is the recruitment ...Read more
Whatever your work setting may be, it’s important to stay productive while you don’t burn out. Here ...Read more
Last year, about 4,478,000 workers, which is approximately 3% of the workforce in the US (besides t ...Read more
Companies have resorted to digital hiring processes to ensure health, safety, and convenience to jo ...Read more