Whether you have a regular compensation conversation cycle coming up or you just want to be prepared, use these best practices to communicate compensation with empathy and expertise.
The COVID-19 pandemic has certainly turned business goals and 2020 planning upside-down, which means it's likely that your company's current financial situation isn't what you initially expected. While some organizations have actually seen a huge positive shift in their business since March, many others are dealing with a great deal of struggle and uncertainty – which likely means changes to typical annual compensation plans.
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