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Compensation

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Addressing the HR Concerns of the Gig Economy

July 6, 2021 by Cassandra Carver Leave a Comment

Currently, 57.3 million people in the United States work in freelance, or the “gig economy.” What is the “gig economy”? How much can it impact the future workforce?

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Filed Under: Compensation, Employee Retention, HR Strategy, HR Technology, Workplace Environment Tagged With: Consultant Work, Freelance, gig economy, Independent Contractors and professionals, Temporary Employees

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Could We See a Federal Minimum Wage of $15?

April 27, 2021 by Cassandra Carver Leave a Comment

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.

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Filed Under: Compensation, Legal Compliance, Legislation Tagged With: $15 an Hour, Federal Minimum Wage, Minimum Wage, Minimum Wage Increase, Raise the Wage Act, Raise the Wage Act of 2021

Check out this article for everything you need to know about incentive plans.

Incentive Plans 101: What You Need To Know

April 20, 2021 by Cassandra Carver Leave a Comment

Employee compensation is a topic that HR leaders come back to year after year. It touches many points of employee management, impacting team member engagement and their satisfaction with roles and job expectations.

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Filed Under: Compensation

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Sales Compensation 101 – Key Elements You Need to Know

April 13, 2021 by Cassandra Carver Leave a Comment

For most people, navigating through the world of sales compensation can seem overwhelming. There are nuances to developing a competitive sales compensation plan.

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Filed Under: Compensation, Talent Tagged With: Commission Compensation, ROI, Sales Compensation, Sales Compensation Plan, Sales Salary

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Pay Equity in 2021: California’s New Pay Reporting Policy

February 2, 2021 by Cassandra Carver Leave a Comment

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.

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Filed Under: Compensation, Legal Compliance, Legislation Tagged With: California Equal Pay Act, California New Pay Reporting Policy, Equal Pay, Pay Equity, Sb-973

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HR Trends for 2021

December 8, 2020 by Cassandra Carver 2 Comments

What an unpredictable year it has been for everyone! Despite all the uncertainty in the world, you have been a positive constant for Astron.

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Filed Under: Compensation, Employee Relations, HR Strategy, HR Technology, New Year Projections, Performance Management, Talent Tagged With: 2021 Compensation and Benefits, 2021 Work Culture, COVID-19, HR 2021, HR 2021 Projections, HR Legislation, HR Technology, Human Resources, Human Resources Technology

Learn more about compensation surveys and their benefits.

Compensation Surveys: Are They Necessary?

November 3, 2020 by Cassandra Carver 2 Comments

Finding the fairest and most motivating compensation for your team members is one of the most important jobs for HR leaders like you.

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Filed Under: Compensation

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2021 Compensation Budgeting Forecast Part 3: Trends in Nonprofit Executive Compensation

September 29, 2020 by Cassandra Carver Leave a Comment

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.

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Filed Under: Budget Planning, Compensation, HR Strategy, Uncategorized Tagged With: Compensation, Compensation budget planning, Compensation Budgeting 2021, Executive Compensation, Executive Pay, Non Profit Compensation, Non-Profit Compensation, Non-Profit Executive Compensation, Nonprofit Compensation

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2021 Compensation Budgeting Forecast Part 2: Incentives, Bonuses, and Variable Compensation

September 15, 2020 by Cassandra Carver Leave a Comment

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.

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Filed Under: Budget Planning, Compensation, Uncategorized Tagged With: 2021 Bonuses, Compensation Budgeting 2021, Compensation Incentives, Incentives, Incentives 2021, Variable Compensation, Variable Compensation 2021

Header Photo of Mike's Yearly Comp Review

Looking to the Future: 2021 Compensation Budgeting Forecast Part 1: Base Pay Adjustments

September 1, 2020 by Cassandra Carver Leave a Comment

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.

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Filed Under: Budget Planning, Compensation Tagged With: Compensation, Compensation budget planning, Compensation Budgeting 2021, Compensation Forecast, Post COVID Compensation

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Recent Posts

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