Over 40% of Companies Set to Revise Salary Budget as COVID-19 Continues to Ravage Economies
As the number of COVID-19 confirmed cases breaks 5 million, countries around the world are on different levels of lockdown. Many businesses have formulated strategies to navigate their way through this unprecedented crisis. Our survey shows that over 40% of companies revised their salary review budget, with over 60% of senior executives taking a pay cut.
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