This is the first in a series on compensation during the pandemic.
Effectively deploying a fair, equality-driven compensation plan has been an ongoing challenge for HR executives. Factor in the COVID-19 pandemic, and things get even more mind-bending.
For starters, it’s clear that accurate total reward data and a strong strategy are especially critical in the current unsettled economic climate. With some employers restructuring their workforces in response to the coronavirus’ impact, many lack a clear grasp of employee costs. Bottom line, according to experts, is that it remains surprising how few global companies have an accurate view of