Total Rewards Within The Scope of COVID-19
The COVID-19 pandemic has tested the welfare of employees across the globe. In addition to the physical and mental stress the coronavirus has created, many workers are enduring financial hardships as well. As such, employers should continue to contemplate how their total rewards packages resonate with the current employment market. Employee retention and recruitment continue to be the most common workplace challenges for employers and HR professionals. Here we examine aspects to consider when outlining salary and total rewards to help attract and retain a skilled workforce post-coronavirus.