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ASTRONOLOGY®

Compensation

Vector Image of the year 2023 and a person looking beyond

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

Text: "4 Signs It’s Time to Invest in Microcredentials." Woman sits in a library space holding a page and laughing.

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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Juggling the Challenges of Remote Employee Compensation

May 17, 2022 by Cassandra Carver Leave a Comment

Over the last two years, employees have come to appreciate the benefits to a fully remote or hybrid work environment. These benefits include saving time commuting, more productivity, schedule flexibility, and better work / life balance.

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Filed Under: Compensation, Employee Retention, HR Strategy Tagged With: Compensation, Employee Retention, HR, HR Compensation, HR Strategy, Human Resources, Remote Work, Remote Work Compensation

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HR Issues in Family Run Businesses: Keeping the Lines Clear

February 22, 2022 by Cassandra Carver 2 Comments

There are a lot of advantages to working in a family – run business. The family ties can create a strong culture of values and ethics.

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Filed Under: General, HR Strategy Tagged With: Compensation, Employee Relations, Family - Owned Business, Family Business, HR, HR Compensation, HR in Family - Owned Business, HR Strategy, Human Resources, Workplace Culture

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Compensation Programs and the Great Resignation

February 8, 2022 by Cassandra Carver 1 Comment

As a direct result of the ongoing COVID-19 pandemic, 2022 finds us facing high inflation rates. We’ve seen prices rise 7% – in everything from cars and housing, to gas, food, and furniture.

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Filed Under: Budget Planning, Compensation Tagged With: 2022 Bonuses, 2022 Compensation, 2022 Compensation Trends, Compensation, COVID-19, HR Compensation, Human Resources, The Great Resignation

Investing in compensation consulting can help your organization strengthen your approach to employee compensation.

Compensation Consulting: The Ultimate Guide (+ Top Firms!)

January 27, 2022 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, Employee Retention, HR Strategy

In this post, you'll learn everything you need to know to improve your employee compensation strategy.

Employee Compensation 101: What Your Org Needs to Know

January 26, 2022 by Cassandra Carver 2 Comments

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.

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

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Astron Solutions’ 2021 Wrap-Up: Our Key Takeaways

December 21, 2021 by Cassandra Carver Leave a Comment

2021 has flown by! We find ourselves at the end of another year. In this last Astronology® for 2021, we will recap some emerging HR trends we saw in the year.

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Filed Under: Communication, General, HR Strategy Tagged With: Compensation, COVID-19, Employee Relations, Employee Retention, HR Strategy, Human Resources, Workplace Culture

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