With the onslaught of COVID-19’s downstream impacts on the economy, it is not surprising that human resources departments throughout the Southeast region are urgently trying to re-calibrate and adjust their pay budgets in response. The first component of this process concerns their employees’ wages. Watch our latest video to gain a clearer view on the salary arrangement options available to human resources departments in the era of COVID-19. Marion Carles-Salmon (DFDL Head of Regional Employment and Labor Practice) discusses how companies and other organizations affected by COVID-19 may implement pay freezes, reductions and deferrals in Southeast Asia in compliance with local laws while Jeanette Kwan (Mercer Market Lead, Indochina) analyzes recent market survey results reflecting actual wage growth in emerging markets in relation to general economic performance and associated inflationary pressures.
Don’t miss out on the full discussion which is available on demand and accessible through this link: https://www.dfdl.com/resources/videos/the-new-workplace-the-impact-of-covid-19-on-human-resources-key-considerations-for-employers/.
The New Workplace – The Impact of COVID-19 on Human Resources – Key Considerations for Employers webinar aims to provide the latest insights and guidance on how employers can continue to adapt their human resources strategies and future business plans during and after COVID-19.