Pay and Reward Strategies after Covid-19

IES Perspectives on HR 2021

Brown D | HR Network paper 151 | Institute for Employment Studies | Jun 2021

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Forecasting the future of pay and reward is difficult at the best of times. Few people predicted the unprecedented squeeze on pay and living standards in the 2010s. 

We now face even greater challenges predicting workplace changes. But as Daniel Defoe wrote after the plague experienced over 300 years ago, the ‘fear of danger is more terrifying than the danger itself’. This report looks at how reward professionals can keep this in mind as they navigate the post pandemic world of work.