Entering 2022, HR leaders are finding themselves still battling 2021’s HR storms. We are still contending with COVID-19 issues, and the Great Resignation continues to rage in 2022.
HR
10 Things to “Get Right” with Incentive Pay Plans
What elements do employers need to consider when creating incentive pay plans? Our partners at Terkel asked HR/recruiting professionals and business leaders their insights on developing incentive pay plans.
Leading a Multigenerational Workforce
Today, our workforce is more complex than ever, spanning multiple generations and demographics.The world’s current workforce includes a mix of “Baby Boomers” (currently ages 57-75), “Gen X” (currently ages 41-56), “Millennials” (currently ages 25 – 40), and “Gen Z” (currently ages 9 – 24).
Talent Management in 5 Steps: Retaining Great Employees
It’s disheartening to learn that an employee is choosing to leave your organization. Turnover leaves your HR team and organizational leaders scrambling to find a replacement, and if the employee leaves the organization on a sour note, the experience can be especially awkward and even leave some professional relationships in jeopardy.
Planning for 2022: Incentives, Bonuses, and Variable Compensation
As with our review of 2022 compensation budgeting in the last Astronology®, predictions on how variable compensation will unfold are challenging.
Gazing Into the Crystal Ball: 2022 Salary Budget Predictions
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.
Human Resources and Employee Well-being: Are We Doing Enough?
One topic that has garnered a lot of awareness in Human Resources is employee well-being. For several years, Deloitte’s annual Global Human Capital Trends survey has acknowledged a growing concern surrounding employee well-being and how well-being affects employers.
Diversity, Equity, and Inclusion: Where Do We Start?
Diversity, Equity, and Inclusion (DEI) are topics we cannot ignore. Recent events have made it clear to businesses and organizations that there is a need for everyone to take an internal review of their DEI practices, and strengthen as appropriate.
HR and the Gig Economy
The “Gig Economy,” or freelance work, has grown tremendously in the last four years. The gig economy is often, but not always, based in technology.
Astronology®: Six Months on Capitol Hill: 2019’s Impacts on HR
Around the middle of the calendar year, we here at Astronology® like to reflect on 2019’s changes that federal and state governments may have already made, or intend to make, that impact Human Resources.