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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

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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Compensation Challenges for Family Businesses

August 18, 2020 by Cassandra Carver Leave a Comment

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.

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Filed Under: Compensation Tagged With: Compensation, Compensation budget planning, Compensation Challenges, COVID-19, COVID-19 and Business Compensation, COVID-19 and Compensation, Family-Owned Business

COVID-19 Employee Leave and Compensation

April 28, 2020 by Cassandra Carver Leave a Comment

Many employees have spent close to two months (to date) staying at home in order to “flatten the curve” of COVID-19.

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Filed Under: Communication, Compensation, Workplace Environment Tagged With: CARES ACT, Compensation, COVID-19, COVID19, Expanded FMLA Leave, Federal Paid Sick Leave, FFCRA, Incentives, Paycheck Protection Program, Post COVID Compensation, Telework

Information You Need Now: COVID-19’s Impacts on Total Rewards

March 17, 2020 by John Sazaklis Leave a Comment

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.

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Filed Under: Communication, Compensation, Employee Relations Tagged With: Compensation, Coronavirus, COVID-19, FMLA, HR Compensation, Human Resources, Layoffs, OSHA, Pandemic 2020

Header Photo of Mike's Yearly Comp Review

Astronology®: 2020 Compensation Budgeting Forecast Part 3:Trends in Not-for-Profit Executive Compensation

October 1, 2019 by Cassandra Carver Leave a Comment

 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. 

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Filed Under: Compensation, New Year Projections Tagged With: 2020 Compensation, Compensation, Compensation budget planning, Compensation Budgeting 2020, Compensation Forecast

Header Photo of Mike's Yearly Comp Review

Astronology®: 2020 Compensation Budgeting Forecast Part 2: Incentives, Bonuses, and Variable Compensation

September 17, 2019 by Cassandra Carver Leave a Comment

The design and implementation of variable compensation programs continue to grow throughout 2019 and it appears that this trend will continue into 2020.

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Filed Under: Compensation, General, HR Strategy, Incentive Pay Plans, Uncategorized Tagged With: Annual compensation review, Aon, Compensation, Deloitte, Hewitt Associates, Salary.com, VisonLink, WorldatWork

Are Salary Surveys Beneficial?

February 5, 2019 by Cassandra Carver Leave a Comment

Accurate, relevant, and timely wage survey results help tremendously when effectively benchmarking your organization’s compensation structure. For many organizations, the task of participating in (or even sponsoring) a salary survey is tedious, and often time consuming.

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Filed Under: Communication, Compensation, General, HR Strategy Tagged With: Compensation, Compensation Surveys, Custom Salary Surveys, HR, HR Compensation, Salary Survey Reporting

2018 Compensation Budgeting Forecast Part 3: Trends in Non-Profit Compensation

September 19, 2017 by Cassandra Carver Leave a Comment

The world of non-profit compensation continues to see radical changes from the past. Previously, it was assumed that non-profits, due to the limitations placed on their abilities to generate revenue, were in the position of compensating their employees much below the market. 

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Filed Under: Compensation, General Tagged With: Compensation, Compensation budget planning, Compensation Philosophy, Yearly Compensation Budget

2018 Compensation Budgeting Forecast Part 2: Trends in Incentive Compensation

September 5, 2017 by Cassandra Carver Leave a Comment

Astron Solutions has been tracking the increase in organizations instituting short- and long-term incentive plans among our client organizations over the past year.

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Filed Under: Uncategorized Tagged With: Compensation, Compensation budget planning, Compensation Incentives, Yearly Compensation Budget

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