2021 has been a year of uncertainty, especially in terms of compensation increase budgeting. As a result, organizations around the country are reexamining their variable compensation strategies and the impact on employee engagement & recognition.
Compensation
Looking to the Future: 2021 Compensation Budgeting Forecast Part 1: Base Pay Adjustments
There is no doubt that 2020 has been a year for the record books. When it comes to forecasting compensation trends for 2020 and 2021, there have been challenges.
Compensation Challenges for Family Businesses
All business has its challenges. Due to their close-knit nature, family-owned businesses have unique challenges. Since employees are often related to each other, developing and maintaining fair & appropriate compensation plans can be difficult.
Talent Acquisition: Finding and Landing High-Quality Hires
Many of us may have not realized how much we still rely on face to face, in-person contact in order complete common yet critical tasks such as hiring new employees.
Diversity, Equity, and Inclusion: Where Do We Start?
Diversity, Equity, and Inclusion (DEI) are topics we cannot ignore. Recent events have made it clear to businesses and organizations that there is a need for everyone to take an internal review of their DEI practices, and strengthen as appropriate.
HR and the Gig Economy
The “Gig Economy,” or freelance work, has grown tremendously in the last four years. The gig economy is often, but not always, based in technology.
Astron Solutions’ COVID-19 Pulse Survey Results
Near the end of quarter 1 of 2020, many cities and states began “shelter in place” protocols due to the growing spread of COVID-19.
COVID-19 Employee Leave and Compensation
Many employees have spent close to two months (to date) staying at home in order to “flatten the curve” of COVID-19.
Information You Need Now: COVID-19’s Impacts on Total Rewards
Coronavirus. COVID-19. These two words have been increasingly on our minds and in conversations daily. At this point, most of the world has been affected by the current coronavirus strain, COVID-19.
Astronology®: 2020 Compensation Budgeting Forecast Part 3:Trends in Not-for-Profit Executive Compensation
2019 has seen more activity by not-for-profit Boards than in past years. Increased concerns regarding the apparent high level of executive total compensation relative to the mission of the not-for-profit, as well as greater publication of not-for-profit executive compensation levels, have put pressure on Boards and their compensation committees.