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Compensation Strategies for 2021 and Hot Tips for 2020.

    December 14, 2020

     

    Radford’s Linda E. Amuso and John Radford returned to lead a discussion on a variety of compensation issues to current rewards strategies and trends they see going into 2021. They provided an insight into some of the hottest HR issues of the year, including CEO pay ratio, merit/salary adjustment planning, evolving equity compensation practices, retention of critical employees, and hiring practices. 

    Participants unearthed BEST Practices in Compensation in times of change including

    1. The importance of a company’s overall human capital strategy
    2. Review the impact of COVID-19 on Total Rewards in 2020 and into 2021
    3. Key compensation process for the next six months (salary increases, SIT plans and both new hire and ongoing equity programs)
    4. The challenges of managing pay for the remote workforce
    5. The future of work