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ASTRONOLOGY®

Incentives

Decorative Image: Photo collage of people quoted in this article

10 Things to “Get Right” with Incentive Pay Plans

November 23, 2021 by Cassandra Carver Leave a Comment

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.

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Filed Under: Compensation, HR Strategy, Incentive Pay Plans, Uncategorized Tagged With: HR, Incentive Compensation, Incentive Pay Plans, Incentives

Header Photo of Mike's Yearly Comp Review

2021 Compensation Budgeting Forecast Part 2: Incentives, Bonuses, and Variable Compensation

September 15, 2020 by Cassandra Carver Leave a Comment

2021 has been a year of uncertainty, especially in terms of compensation increase budgeting. As a result, organizations around the country are reexamining their variable compensation strategies and the impact on employee engagement & recognition.

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Filed Under: Budget Planning, Compensation, Uncategorized Tagged With: 2021 Bonuses, Compensation Budgeting 2021, Compensation Incentives, Incentives, Incentives 2021, Variable Compensation, Variable Compensation 2021

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

Astron’s Yearly Compensation Review Part III: Non-Profit Executive Compensation Planning for 2019

September 18, 2018 by Cassandra Carver Leave a Comment

This Astronology® , the third in our three-part series, examines non-profit executive compensation. In considering non-profit executive compensation, employers and Board have two primary legal concerns.

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Filed Under: Communication, Compensation, Employee Retention, General, Legislation Tagged With: Bonus, HR Compensation, Incentives, Tax Cuts and Jobs Acts of 2018

Astron’s Yearly Compensation Review Part II: Incentives, Bonuses, and Variable Compensation – Oh Boy!

September 4, 2018 by Cassandra Carver Leave a Comment

As Astron’s clients begin their 2019 compensation program budgeting, we are often asked whether or not the practice of providing variable compensation will grow, shrink, or remain about the same as in 2018.

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Filed Under: Compensation, General, Incentive Pay Plans Tagged With: all employee, Bonus, Bonuses, Empsight, Gamification, Incentives, mission critical, Not-for-Profit, SHRM, Variable Compensation, WillisTowersWatson, WorldatWork

Constructing Long-Term Incentive Plans with the Balanced Scorecard Model

February 27, 2002 by Cassandra Carver Leave a Comment

A well-planned incentive compensation program contributes to organizational competitiveness by encouraging superior performance and, ultimately, improving organizational earnings and cash flow.

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Filed Under: Compensation, Incentive Pay Plans Tagged With: Balanced Scorecard Model, Compensation Incentives, Incentives, Long-Term Incentive Plans, Long-Term Incentives

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