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 22 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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