The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 

VIRTUAL EVENT

The Delayed Wage Crunch and Salary Increase Budgets. How the pandemic has caused historically low salary growth

SEPTEMBER 17, 2020

Welcome

Since the outbreak of COVID-19, organizations have taken several workforce cost reduction measures, including cutting wages and salaries. In addition, with revenues under pressure and many people out of work, employers are entering a new era where wage growth may hit a historical low. 

So, how should business and HR leaders respond? Join our panel of compensation experts and economists to learn more.

By attending this webcast, viewers will be able to answer the following critical questions:

  • How has COVID-19 affected wages and salaries?
  • Why the wage crunch may be delayed and not be visible yet in 2020?
  • What strategies have companies and HR leaders been taking regarding compensation?
  • What will happen to salary increase budgets?
  • How will a loose labor market over the next few years affect wage growth?
  • What will be the impact of the rise in minimum wages on compensation?

Who Should Attend: Compensation and benefits practitioners, HR leaders, finance executives, and other business executives interested in wage dynamics

Support Our Work

Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.

Donate