Like Christmas in June: More companies are dangling bonuses to attract workers
CBSN
Businesses are handing out bonuses like it's Christmas amid a hiring crunch, according to recent data from a payroll firm.
More than 1 in 10 paychecks issued in May contained a bonus. That's a 50% increase from a year ago, according to an analysis from payroll firm Gusto of the businesses it works with. And the bonuses employees are receiving are also getting bigger, with Gusto finding the average bonus in May almost doubled to $567. Indeed Hiring Lab found that job postings are increasingly dangling incentives to lure applicants, in some cases with bonuses of up to $30,000. The surge in the frequency and size of bonuses signals that employers are doing more to both hire and retain workers amid a labor crunch, experts say. Restaurants and other service businesses are having trouble hiring as the pandemic recedes and the economy booms. At the same time, employees are quitting their jobs at record rates to take higher-paying positions elsewhere.
Two police officers in Virginia were shot and killed during a traffic stop late Friday night, authorities said.
In southwest Atlanta, Black-owned businesses are keeping the history of their neighborhoods alive – and it all starts with a cup of coffee.
A Hawaii man who spent 30 years in prison for a murder he long denied committing declared the day "Freedom Friday" and said he was eager to visit his mother after a judge ordered him released because of new DNA evidence.
Hamas has handed over three more Israeli hostages to the Red Cross in the latest exchange under the fragile ceasefire.
The Defense Department said Friday that it's cutting about 5,400 probationary workers starting next week and will put a hiring freeze in place.
A federal judge on Friday blocked a sweeping executive order from President Trump that sought to end government support for programs promoting diversity, equity and inclusion.
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Former Proud Boys national leader Enrique Tarrio was arrested Friday near the U.S. Capitol on a charge that he assaulted a woman protesting a gathering attended by Tarrio and others who received presidential pardons for crimes stemming from the Jan. 6, 2021, riot in the nation's capital.
The Associated Press sued three Trump administration officials Friday over access to presidential events, citing freedom of speech in asking a federal judge to stop the 10-day blocking of its journalists.
The Trump administration is considering moving the U.S. Postal Service, an independent federal agency, under the Commerce Department, two sources tell CBS News.
Washington — A federal judge on Friday declined to block the Trump administration from putting thousands of employees with U.S. Agency for International Development on administrative leave and recalling others from overseas, clearing the way for the president to resume his efforts to overhaul the agency as part of his plans to slash the size of the federal government.
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