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.
2021 Compensation Budgeting Forecast Part 2: Incentives, Bonuses, and Variable Compensation
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.
COVID-19 Employee Leave and Compensation
Many employees have spent close to two months (to date) staying at home in order to “flatten the curve” of COVID-19.
Astron’s Yearly Compensation Review Part III: Non-Profit Executive Compensation Planning for 2019
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.
Astron’s Yearly Compensation Review Part II: Incentives, Bonuses, and Variable Compensation – Oh Boy!
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.
Constructing Long-Term Incentive Plans with the Balanced Scorecard Model
A well-planned incentive compensation program contributes to organizational competitiveness by encouraging superior performance and, ultimately, improving organizational earnings and cash flow.