Four in ten companies are planning or engaged in a reflection on the wage freeze

According to research conducted by Deloitte, three out of ten companies are additionally considering reducing envelope increases and conditions

According to research conducted by Deloitte, three out of ten companies are additionally considering reducing envelope increases and conditions.

The economic and social effects of the health crisis are already being felt. And it is expected to continue over the next few months, or even the next few years. Some of the consequences were highlighted in a survey conducted by Deloitte between March 27 and May 11, with 51 companies listed on the SBF 120 stock market index (86%), public groups (7%) or non-listed companies (7%).

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According to a study published on Monday, four out of ten companies are planning or considering a wage freeze. Three out of ten companies are considering reducing the envelope of general increases, while at the same time reducing the envelope of individual increases is foreseen for more than four out of ten companies.

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If just over three out of four companies do not consider freezing the payment of variable premiums in 2020 (to be charged in 2021), another company is moving towards partial payment. For companies whose activity continued during the crisis, one in ten companies predicts that the amount of premiums will be exceptional, and every third plans to reward their employees through the Macron premium.

planned or predicted workforce reduction for a third of the company

all these measures to curb the mass of wages do not prevent approximately one third of the surveyed companies from expecting or predicting a reduction in the number of employees. In addition, 67% of the interviewed companies believe that it will take at least six months to return to a “normal” situation. 29% of them believe that the “return to normal” will not happen before a year.

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“there is great heterogeneity in the measures taken (and to be taken) by companies at the level of political retaliation because not all companies were equal in facing the crisis,” recalls Franck Cheron, partner human capital, Deloitte.

We will devote ourselves to this in 2020, but also in 2021, a very tense year at the level of compensatory measures, so that 2019 was marked by the revival of “purchasing power”, he believes. should also be considered in this development, the next stages with the last locks, which are open at the level of changes in the mode of operation, keeping in mind remote work. The crisis will be an accelerator of transformation for organizations at all levels,” said Franck Cheron.

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In addition, depending on the duration of the crisis, fluctuations in the stock market, the speed of economic recovery and device engineering, the total compensation of SBF120 officers could affect a decline between -10% and -30% in 2020 and 2021, according to this study.

Date of update: June 8, 2020, 09:58

Categories: Optical Illusion
Source: newstars.edu.vn

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