03 Aug 2020

Pay Planning for 2021: the new normal?


The pandemic and its economic effects make the need for reliable intelligence as an input to forward planning on pay more important than ever before.

The latest IDR 'Pay Planning' survey looks ahead to the prospects for pay and reward in 2021, in a context for business that has been altered in many ways - by the impact of the virus and responses to it, but also by social movements such as ‘Black Lives Matters’ and a rise in labour activism.

The report is aimed at assessing both the direction and the extent of pay pressures, as well as identifying the main issues of concern for reward practitioners over the coming year.

Key focuses for this year's report include the impact of the pandemic on pay practices and insights into what will be guiding reward strategies into 2021 and beyond. The labour market will be a key context as well as staffing levels, recruitment and retention.

These results will provide a valuable resource for reward decision-makers when it comes to planning for pay in unprecedented times.

Participants receive a 10% discount on this report (£180). Pay Climate subscribers are entitled to a 50% discount (£100).

If you have any questions, please contact sales@incomesdataresearch.co.uk