Our experts in action - Rethinking compensation beyond the COVID-19 crisis

Published on: May 5, 2020
Subjects:  Total compensation, Executive compensation, Boards of directors and governance

Rethinking compensation beyond the COVID-19 crisis

The current pandemic has taken a heavy toll on economies and organizations at home and abroad. Boards of directors and business executives have had to react fast and navigate the shifting landscape of government assistance programs without the benefit of past experience.

Organizations have had to make difficult and often bold decisions to manage compensation costs and keep operations running: temporary and permanent layoffs, pay premiums for essential workers, cuts to pay and/or hours, delays on pay raises, cancelled bonuses, etc.

What will be left of these temporary measures when the economy reopens?

Join Bridgit Courey, CPA, CA and Dominic Girard for a conversation in collaboration with the Collège des administrateurs de sociétés to analyze these issues through the lens of alignment with shareholders, risk management and employer brand.

Our professionals are here to help

Don’t hesitate to reach out to our experts, who can help you develop creative communication and compensation management strategies for navigating through exceptional circumstances to a gradual reopening.

We can also assist you with the pay equity process, which remains mandatory.

We would like to reiterate our commitment to assisting and advising you. Our teams are fully operational and ready to provide the same level of service our clients expect from us.

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