Conference Board Announces CEOs Plan to Increase Wages by a Minimum of 3%
HR Digest
AUGUST 23, 2023
In an earnings call on Tuesday, UPS CFO Brian Newman reported that the company decreased compensation and benefits by $205 million in the second quarter by eliminating 2,500 managerial positions annually. During the quarter, CFO Melissa Hayes Thomas reported on an Aug. He added that the shortage of workers is consistent.
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