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ASTRONOLOGY®

Compensation

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

Decorative Image: Sequins, Stars and the Calendar Year 2021

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

This is the feature image for the article on executive compensation.

Executive Compensation: Taking Charge of Your Organization’s Approach

December 7, 2021 by Cassandra Carver 1 Comment

Picture this: It’s a typical in-office day for your hybrid team, and as you walk into the break room to refill your coffee, you notice a group of employees gathered together and talking over a news article in the local paper.

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Filed Under: Compensation Tagged With: Compensation, Executive Compensation

Decorative Image: Photo of a calculator and money

Planning for 2022: Incentives, Bonuses, and Variable Compensation

September 28, 2021 by Cassandra Carver Leave a Comment

As with our review of 2022 compensation budgeting in the last Astronology®, predictions on how variable compensation will unfold are challenging.

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Filed Under: Budget Planning, Compensation, Incentive Pay Plans, Uncategorized Tagged With: 2022 Bonuses, 2022 Compensation Trends, 2022 Incentive Compensation, Compensation, Employee Retention, HR, HR Compensation, HR Strategy, Human Resources

Chart of Total Rewards Issues for 2021- 2022

Gazing Into the Crystal Ball: 2022 Salary Budget Predictions

September 14, 2021 by Cassandra Carver Leave a Comment

Current Economic Climate and Impact on 2022

2021 has been a year of surprises in administering employee compensation programs.  Among the changes and challenges in 2021 are the following:

These factors have led many to rethink past and current compensation strategies as we move into 2022.  According to SHRM, when planning for 2022:

Consider the future of the organization.

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Filed Under: Budget Planning, Compensation, HR Strategy Tagged With: 2021 Compensation, 2022 Compensation, 2022 Compensation Trends, Compensation, HR, HR Compensation, Human Resources

Business man writing in a notebook and laptop

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

Woman sitting in a meeting with her tablet and pen

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

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