Compensation Strategy + The Remote Workforce

Join Anneliese Sendax and Doug Tapp with Deloitte Consulting LLP for an indepth discussion of compensation strategies and the remote workforce. 

Over the past year companies have reacted swiftly to unprecedented disruptions. Changes wrought by the COVID-19 pandemic have not only accelerated the future of work, but also brought long-anticipated changes to workforce models and workplace designs in a highly accelerated time frame. As a result, organizations across industries are reviewing changes to their workforce and how their workforce model(s) may require a review of their overall compensation strategy due to the new work environment.

In Fall of 2020, Deloitte Consulting in partnership with Empsight conducted a survey on remote work practices and trends. Their discussion will incorporate survey findings that may assist companies as they assess their remote work policies.  Organizations with formalized remote work options are leading the market, which may force peers into carefully considering a workforce’s preferences.

In addition, our research would suggest that organizations that have not yet been adversely affected by COVID-19 should pre-emptively consider revising their compensation strategy to meet with the demands of their current workforce model and ensure preparedness for talent market shifts.

• SHRM CE credit pending •