When given the choice, most employers who have had to make tough financial decisions amid the coronavirus pandemic have chosen pay cuts over retrenchments.
“The results indicate that a large number of organisations currently have more than half of their employees working remotely due to lockdown, and that employees are typically supplied with the necessary tools of trade,” the survey revealed.
As infections rise and more employees become affected by the virus, 21st Century said some employers were still in limbo over how to treat the leave taken by an employee as a result of contracting the virus. Some allowed for employees to use their annual leave once their sick leave was exhausted. “Several organisations, however, still remain undecided about their response to the pandemic from a remuneration perspective, and are awaiting more data and market response outcomes before making any changes to short and long-term incentive schemes,” said 21st Century.
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