CEO pay levels picked up a bit after falling steeply in 2019, indicating that companies focused on retaining key talent through the pandemic. (Photo: Shutterstock)

The economic fallout from the pandemic has forced businesses to adjust the structure and compensation of their workforces. Many companies altered their performance plans, froze or reduced salaries, and furloughed employee segments, according to the 2021 Gallagher Russell 3000 CEO and Executive Compensation Trends study.

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