In January 2021, legislators introduced the “Raise the Wage Act of 2021” bill. Its objective is to increase the federal minimum wage from $7.25 an hour to $15 an hour by 2025.
Compensation
Incentive Plans 101: What You Need To Know
Sales Compensation 101 – Key Elements You Need to Know
For most people, navigating through the world of sales compensation can seem overwhelming. There are nuances to developing a competitive sales compensation plan.
Pay Equity in 2021: California’s New Pay Reporting Policy
On September 30, 2020 California Governor Gavin Newsom signed into law SB-973. While this law mostly affects California employers with 100 employees or more, organizations nationwide are bracing for similar laws to be passed in their states and major cities.
HR Trends for 2021
What an unpredictable year it has been for everyone! Despite all the uncertainty in the world, you have been a positive constant for Astron.
Compensation Surveys: Are They Necessary?
Finding the fairest and most motivating compensation for your team members is one of the most important jobs for HR leaders like you.
Employee Compensation: Everything you Need to Know
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 about.
2021 Compensation Budgeting Forecast Part 3: Trends in Nonprofit Executive Compensation
As we plan for 2021, we need to consider COVID-19’s impact on 2020 compensation decisions for nonprofit executives. For the most part, nonprofit executive compensation came to a halt.
2021 Compensation Budgeting Forecast Part 2: Incentives, Bonuses, and Variable Compensation
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.
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.