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ASTRONOLOGY®

HR 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

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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

AnythingResearch Paper Market Forecast Graph

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

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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2022 Compensation Budgeting Forecast Part 3: What’s Hot in Nonprofit Executive Compensation

October 12, 2021 by Mike Maciekowich Leave a Comment

Last year, when preparing for 2021 and what we assumed would be a post-Covid 19 world, this article focused on the fact that most nonprofit organizations had frozen executive base pay levels and were focusing on long-term incentives.

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Filed Under: Compensation Tagged With: Executive Compensation, Executive Compensation 2022, Executive Long-Term Incentives, HR Compensation, HR Compensation 2022

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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.

Read more

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

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