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The COVID-19 pandemic has profoundly impacted how people work, and it has become necessary for organizations to adjust their compensation strategies to align with the new reality. In this video, we will explore the key considerations organizations should consider as they recalibrate their compensation approach. We will examine how work has evolved in response to the pandemic and the resulting impact on compensation programs. We will explore the importance of reviewing and updating compensation philosophy, programs, and practices to ensure they are aligned with organizational goals and objectives. Additionally, we will discuss the key factors organizations should consider as they review and update their compensation approach due to COVID-19. This includes exploring the role of remote work and virtual collaboration in the compensation strategy and examining the changing expectations of employees. Finally, we will provide practical advice on how organizations can recalibrate their compensation approach to meet the evolving needs of the workforce. Viewers will leave with a deeper understanding of the importance of reviewing and updating compensation strategy and the tools they need to make informed decisions about their organization's approach. Get more videos like this in our Employee Benefits, Webinars and Human Resources Consulting Playlists: • Employee Benefits • HUB International Webinars • Human Resources Consulting Click Below to subscribe to our YouTube channel to stay up to date with our latest videos: / @hubinternational #hub #hubinternational #covid-19 #employeecompensation