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2018 Compensation Budgeting Forecast Part 2: Trends in Incentive Compensation

Astron Solutions

Astron Solutions has been tracking the increase in organizations instituting short- and long-term incentive plans among our client organizations over the past year. A key total rewards strategy is to develop short- and / or long-term incentives that focus on employee behaviors exemplifying the organization’s values. 18.4%, up from 15.7%

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

Astron Solutions

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. The Tax Cuts and Jobs Act of 2018. Any portion of compensation paid to a licensed medical professional (e.g.,

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Sports and Compensation – A strategy for success

Decusoft

Switch gears to your day job as a compensation expert, and, like your football strategy, the same concept applies. Are you a small company who can successfully utilize spreadsheets and/or a home grown system, or are you a larger firm who can benefit from investing in a HCM solution that will automate and simplify your compensation processes?

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Astron’s Yearly Compensation Review Part I: Base Pay Projections

Astron Solutions

Effective organizations will explore four key areas to better understand the “best” approach when it comes to 2019 base pay compensation budgeting: The 2019 Economic Forecast and Its Impact on Employment and Wages. According to the Bureau of Labor Statistics , as of June 2018, the current Employment Cost Index indicates that.

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California HR Trends for 2017—Don’t Get Burned!

HR Daily Advisor

It’s practically impossible to try and cover everything that will change in California for both 2016 and 2017. Both the minimum salary and highly compensated employee (HCE) thresholds for exempt status are increasing, and increases are planned for the near future, too. Sunburn #2: AB 1513 Complicates Piece-Rate Compensation Rules.

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U.S. Department of Labor issues final overtime rule

HR Morning

million workers who will now be compensated for putting in long hours — but it’s a bitter defeat for the 2.8 The Department also estimates that an additional 101,800 workers will be entitled to overtime pay as a result of the increase to the HCE compensation level. It’s a win for the estimated 1.3 The Department estimates that 1.2

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162(m): It’s Too Late. Now What?

Compensation Cafe

For many compensation professionals, 162(m) has been essentially unchanged for their entire career. 1, 2018, 162(m) applied to “covered employees” (the CEO and three other most highly paid officers). It allowed for an exception for “qualified performance-based” compensation. 1, 2018 (yes, that date has already passed.)