Employee Compensation Trends Amid COVID-19

Employee Compensation Trends Amid COVID-19

Most employers (88%) are concerned about keeping valuable employees in COVID-19, according to a recent executive survey conducted by Robert Half.

39% of managers who are concerned about employee retention attribute their concerns to pay cuts or planned pay freezes.

The good news for employees is that 44% of senior executives say starting salaries for new hires have remained stable since the spread of COVID-19 began, and 28% say base pay has increased.

An infographic (below) explores other results from the survey, including compensation trends for various US cities.

Take a look at the infographic: