Back to school is here – and one thing is clear, there isn’t a common approach to the school year. With some schools starting virtually, others going back in person, and still others delaying the schedule and decision, parents have become a primary focus in the workplace as they navigate the uncertain realities.
When it comes to compensation during the COVID-19 pandemic, it’s not that clear cut. However, you should take a thoughtful approach to both short-term actions and your long-term philosophy. Pay is arguably the most powerful and foundational aspect of a total rewards package, and changes should not be taken lightly. Here are the top compensation […]
Making the decision to reduce employment expenses is one of the most challenging situations a leader can face. Although there are many options, such as reducing or eliminating retirement plan contributions, pay cuts and other operating expense cuts, staffing reductions may be necessary. Rightsizing with empathy will help position your organization as strongly as possible during and after this crisis. Here are […]