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ASTRONOLOGY®

Compensation

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How to Communicate Total Rewards to Your Employees

April 18, 2023 by Cassandra Carver Leave a Comment

As compensation experts, here at Astron Solutions we recognize the importance of using the Total Rewards approach to employee compensation.

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Filed Under: Employee Relations, Employee Retention Tagged With: Compensation, Employee Relations, Employee Retention, HR, HR Compensation, HR Strategy, Human Resources, Total Rewards

In this post, you'll learn all about working with nonprofit compensation consultants.

Nonprofit Compensation Consultants: Hiring the Right Partner

February 23, 2023 by Cassandra Carver Leave a Comment

Nonprofits can face many compensation-related challenges. For instance, you might be struggling to attract and retain top talent for your organization.

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Filed Under: Compensation Tagged With: Compensation, compensation consultant, compensation consulting, hiring a compensation consultant, hiring a nonprofit compensation consultant, how to hire a nonprofit compensation consultant, HR, Human Resources, nonprofit compensation consultant

In this post, you'll learn all you need to know about compensation consulting and get top recommendations.

Compensation Consulting: A Full Guide & 16 Top Firms

February 1, 2023 by Cassandra Carver 2 Comments

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, compensation consultant, compensation consulting, Employee Retention, HR Strategy

In this post, you'll learn all about communicating compensation.

Communicating Compensation to Your Employees: A Quick Guide

February 1, 2023 by Cassandra Carver Leave a Comment

Did you grow up hearing that it was “tacky” to talk about money?

If you did, you’re not alone. Money is an off-limits topic for many Americans.

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Filed Under: Compensation Tagged With: communicating compensation, communication, Compensation, Pay Communication

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HR Trends for 2023: What to Watch For

January 10, 2023 by Cassandra Carver 1 Comment

Entering 2023, HR leaders are finding themselves battling economic uncertainty like never before. Rising inflation rates have affected every industry. As of December 13, 2022, the U.S.

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Filed Under: Compensation, New Year Projections Tagged With: 2023 Compensation, Compensation, HR, HR Compensation, HR Strategy, Human Resources

In this post, we'll dive into the basics of compensation surveys.

Compensation Surveys: What They Are and How to Use Them

January 10, 2023 by Cassandra Carver Leave a Comment

Designing and implementing a compensation strategy that is fair and motivating is a tricky but critical part of every organization’s HR operations.

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Filed Under: Compensation Tagged With: Compensation, compensation survey, HR, Human Resources, Salary Survey, what is a compensation survey

In this post, we'll cover current compensation trends your organization should know about.

2023 Compensation Trends Your Org Should Know About

January 3, 2023 by Mike Maciekowich Leave a Comment

Over the last few years, the working world has experienced a variety of challenges. From the pandemic to the Great Resignation to today’s continued economic turbulence, organizations have had to rethink what the world of work looks like, especially when it comes to compensation.

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Filed Under: Compensation Tagged With: Compensation, compensation trends, HR, HR Compensation, HR Strategy, Human Resources

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4 Signs It’s Time to Invest in Microcredentials

October 13, 2022 by Cassandra Carver Leave a Comment

Many nonprofits tend to focus most of their energy on fundraising, pursuing donors, and managing volunteers. However, dedicating time and effort to prospective and current staff members is just as important to keep operations running smoothly so you can further your mission. 

As your nonprofit’s human resources department might tell you, there are plenty of challenges associated with hiring, training, and retaining staff.

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

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Planning for 2023: Incentives, Bonuses, and Variable Compensation

September 6, 2022 by Cassandra Carver Leave a Comment

As with our review of 2023 compensation budgeting in the last Astronology®, predictions on how variable compensation will unfold next year are challenging.

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Filed Under: Compensation, HR Strategy, Incentive Pay Plans, Uncategorized Tagged With: 2023 Bonus, 2023 Bonuses, 2023 Compensation, 2023 Incentives, 2023 Variable Compensation, Compensation, HR, HR Compensation, HR Strategy, Human Resources

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2023 Compensation Budgeting Forecast
Part 1: Base Pay Adjustments

August 23, 2022 by Cassandra Carver Leave a Comment

2022 has certainly been a topsy-turvy year. Unemployment is at record lows (lowest in 50 years), but inflation has also been its highest (hovering between 8% and 9%).

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Filed Under: Budget Planning, Compensation Tagged With: 2023 Base Compensation, 2023 Compensation, Base Pay, Compensation, Compensation Projection, HR, HR Compensation, Human Resources

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