Tuesday, October 19, 2010

Astronology - 2011 Compensation Budget Forecasts

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Astronology

Volume XI

Issue 17

 

October 19, 2010

Dear Andrew,

Astron Solutions provides high-quality, low-cost, innovative human resources consulting services to organizations like yours. Call us for advice, innovative program design, and user-friendly Web/PC based software.

 

Fact or Fiction

 

Car Horns beep in the tone of F.

FACT!

American car horns beep in the tone of F. That's helpful to know if we need to tune an instrument!

Today's article focuses on the cash compensation element of total rewards. However, total rewards encompasses so much more. What are some of the fun and unusual things your organization does to keep your employees engaged and motivated? Perhaps you have a company band, excluding any company cars? Please share with us some of your favorite total rewards offerings, and we may feature you in an upcoming issue of Astronology!

 

2011 Compensation Budget Forecasts

mandollarsIt's that time of year again - time to begin setting compensation budgets for 2011. As we move towards the fourth quarter of 2010, we are left with mixed messages regarding the state of the US economy. In one case, the stock market has returned to the 11000 levels, and companies are reporting record profits. On the other hand, unemployment is stuck at 9.5% or higher. It is evident that many organizations have "re-tooled" in terms of staffing, and have discovered that they can provide their goods and services with less staff. If you add in the uncertainty surrounding healthcare reform and its impact, one can clearly understand why it is very difficult to make predictions for 2011 with any confidence.....more

 

Have a Question?

If you have a topic you would like addressed in Astronology, or some feedback on a past article, don't hesitate to tell us!  Simply reply to this e-mail.  See your question answered, or comments addressed, in an upcoming issue of Astronology.

Looking for a top-notch presenter for your human resource organization's meeting?  Both Jennifer Loftus and Michael Maciekowich present highly-rated sessions on a variety of compensation and employee retention issues.  For more information, send an e-mail to info@astronsolutions.com.

 

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Copyright 2010, Astron Solutions, LLC

ISSN Number 1549-0467

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