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Compensation

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Juggling the Challenges of Remote Employee Compensation

May 17, 2022 by Cassandra Carver Leave a Comment

Over the last two years, employees have come to appreciate the benefits to a fully remote or hybrid work environment. These benefits include saving time commuting, more productivity, schedule flexibility, and better work / life balance.

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Filed Under: Compensation, Employee Retention, HR Strategy Tagged With: Compensation, Employee Retention, HR, HR Compensation, HR Strategy, Human Resources, Remote Work, Remote Work Compensation

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Compensation Challenges in 2022: Brace for Turbulence

May 3, 2022 by Cassandra Carver Leave a Comment

We are facing an interesting time in compensation. The events of 2020 and 2021 have left a mark on how both employers and employees view work.

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Filed Under: Compensation, Employee Retention, HR Strategy

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Compensation Programs and the Great Resignation

February 8, 2022 by Cassandra Carver Leave a Comment

As a direct result of the ongoing COVID-19 pandemic, 2022 finds us facing high inflation rates. We’ve seen prices rise 7% – in everything from cars and housing, to gas, food, and furniture.

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Filed Under: Budget Planning, Compensation Tagged With: 2022 Bonuses, 2022 Compensation, 2022 Compensation Trends, Compensation, COVID-19, HR Compensation, Human Resources, The Great Resignation

Investing in compensation consulting can help your organization strengthen your approach to employee compensation.

Compensation Consulting: The Ultimate Guide (+ Top Firms!)

January 27, 2022 by Cassandra Carver Leave a Comment

When it comes to employee compensation, there are rarely any easy answers. This is true for organizations of all shapes and sizes—whether you’re scaling up your operations and experiencing employee retention issues or simply auditing and re-evaluating what you offer your employees.

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Filed Under: Compensation Tagged With: Compensation, Employee Retention, HR Strategy

In this post, you'll learn everything you need to know to improve your employee compensation strategy.

Employee Compensation 101: What Your Org Needs to Know

January 26, 2022 by Cassandra Carver Leave a Comment

As an HR leader for your organization, you know that employee compensation is not just something you determine when you hire a new team member and then forget.

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Filed Under: Compensation Tagged With: Compensation, Employee Retention, HR Compensation

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Executive Compensation: Taking Charge of Your Org’s Approach

December 7, 2021 by Cassandra Carver Leave a Comment

Picture this: It’s a typical in-office day for your hybrid team, and as you walk into the break room to refill your coffee, you notice a group of employees gathered together and talking over a news article in the local paper.

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Filed Under: Compensation Tagged With: Compensation, Executive Compensation

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10 Things to “Get Right” with Incentive Pay Plans

November 23, 2021 by Cassandra Carver Leave a Comment

What elements do employers need to consider when creating incentive pay plans? Our partners at Terkel asked HR/recruiting professionals and business leaders  their insights on developing incentive pay plans.

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Filed Under: Compensation, HR Strategy, Incentive Pay Plans, Uncategorized Tagged With: HR, Incentive Compensation, Incentive Pay Plans, Incentives

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2022 Compensation Budgeting Forecast Part 3: What’s Hot in Nonprofit Executive Compensation

October 12, 2021 by Mike Maciekowich Leave a Comment

Last year, when preparing for 2021 and what we assumed would be a post-Covid 19 world, this article focused on the fact that most nonprofit organizations had frozen executive base pay levels and were focusing on long-term incentives.

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Filed Under: Compensation Tagged With: Executive Compensation, Executive Compensation 2022, Executive Long-Term Incentives, HR Compensation, HR Compensation 2022

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Planning for 2022: Incentives, Bonuses, and Variable Compensation

September 28, 2021 by Cassandra Carver Leave a Comment

As with our review of 2022 compensation budgeting in the last Astronology®, predictions on how variable compensation will unfold are challenging.

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Filed Under: Budget Planning, Compensation, Incentive Pay Plans, Uncategorized Tagged With: 2022 Bonuses, 2022 Compensation Trends, 2022 Incentive Compensation, Compensation, Employee Retention, HR, HR Compensation, HR Strategy, Human Resources

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Gazing Into the Crystal Ball: 2022 Salary Budget Predictions

September 14, 2021 by Cassandra Carver Leave a Comment

Current Economic Climate and Impact on 2022

2021 has been a year of surprises in administering employee compensation programs.  Among the changes and challenges in 2021 are the following:

These factors have led many to rethink past and current compensation strategies as we move into 2022.  According to SHRM, when planning for 2022:

Consider the future of the organization.

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Filed Under: Budget Planning, Compensation, HR Strategy Tagged With: 2021 Compensation, 2022 Compensation, 2022 Compensation Trends, Compensation, HR, HR Compensation, Human Resources

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  • Compensation Challenges in 2022: Brace for Turbulence
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