Remove 2019 Remove ATS Remove Bonuses and Incentives Remove Compensation
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2021 Compensation Budgeting Forecast Part 2: Incentives, Bonuses, and Variable Compensation

Astron Solutions

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. Bonuses for nonexempt salaried and hourly employees will average around 6.8%

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

Astron Solutions

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. Astron Solutions has seen many of its clients, both profit and not-for-profit, rethinking the use of variable compensation.

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Employees have been reclassified. Now it’s time to train.

Business Management Daily

Managers also need to be on the lookout for these FLSA overtime traps: Travel time: The time employees spend traveling among work sites during the day is compensable working time. Also compensable: The morning trip from the office to the first worksite of the day and the afternoon trip back to the office from the last worksite of the day.

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Compensation: What to Look for in 2021

CCI Consulting

It’s probably no surprise that the social and economic impacts of COVID-19 have forced a significant number of organizations to reevaluate their approach to compensation this year. This is especially apparent when it comes to employee compensation. Prior to the pandemic, the environment looked strong.

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Why Every Organisation Needs a Solid Compensation Strategy

6Q

Fair compensation is one of the things that employees consider when looking for and staying in their jobs. While a solid compensation and benefits package is a good start, we need to take it one step further. If we feel like our compensation scheme isn’t working, it’s time to reflect and reassess the status of the current system.

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Why Every Organisation Needs a Solid Compensation Strategy

6Q

Fair compensation is one of the things that employees consider when looking for and staying in their jobs. While a solid compensation and benefits package is a good start, we need to take it one step further. If we feel like our compensation scheme isn’t working, it’s time to reflect and reassess the status of the current system.

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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

Development opportunities, competitive compensation, and attractive benefits packages are also perks the best talent actively looks for. Elevated stress due to burnout is another notorious cause for high employee turnover, and more than half of employees (59%) have experienced at least moderate levels of it.