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ASTRONOLOGY®

HR Compensation

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Pay Transparency in New York

July 25, 2023 by Cassandra Carver Leave a Comment

Challenges surrounding the fight against pay inequity – as well as the current, changing economy itself -have resulted in an intense war for talent.

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Filed Under: Budget Planning, Compensation, Employee Relations, Employee Retention, HR Strategy Tagged With: Compensation, Compensation Transparency, HR, HR Compensation, HR Strategy, Human Resources, NYS Pay Transparency Law, pay transparency, Pay Transparency NYS

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A Primer on Pay Transparency in 2023

June 27, 2023 by Cassandra Carver Leave a Comment

The combination of a challenging economy, the ongoing war for talent, and the fight against pay inequity has made pay transparency a critical topic in Human Resources.

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Filed Under: Compensation, HR Strategy Tagged With: Compensation Study, Employee Relations, Employee Retention, HR Compensation, HR Strategy, Market Study, NYS Pay Transparency Law, Pay Equity Study, pay transparency, pay transparency law

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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

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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 cover current compensation trends your organization should know about.

2024 Compensation Trends Your Organization Should Know About

January 3, 2023 by Mike Maciekowich Leave a Comment

Your compensation strategy affects how well your organization is able to recruit and retain top talent, but your strategy doesn’t play out in a vacuum.

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

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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

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