Most employers (88%) are worried about retaining valued staff amid COVID-19, according to a recent survey of senior managers conducted by Robert Half.
Among managers who are worried about retaining staff, 39% attribute their concern to salary reductions or planned salary freezes.
The good news for employees is that 44% of senior managers say starting salaries for new hires have held steady since the spread of COVID-19 began and 28% say base compensation has increased.
An infographic (below) explores more findings from the survey, including compensation trends for various US cities.
Check out the infographic: