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Nastumi Chikayasu One of the first things cut from companies’ budgets during lockdown was the annual pay rise. By July 2020, a third of employers (35 per cent) had decided to scrap pay-rise budgets in response to the economic implications of the Covid-19 crisis, according to research by insurance firm Willis Towers Watson. Rather than offering a three per cent average bump, companies decided to postpone or freeze salaries, and four in ten businesses (39 per cent) decided to reduce annual bonuses. Employers surveyed by the insurer in the UK, France and Germany have already quashed any chance of a post-coronavirus bonus bonanza. Budgets in 2021 are going to be lower than pre-Covid levels, they said. And this was before companies faced a second wave of coronavirus and economic uncertainty. Given the current climate, the prospect of asking for a pay rise may seem futile. It’s not.

United kingdomKim scottNastumi chikayasuRoger fisherNatasha bernalHarvard universityWillis towersRadical candorGet what you wantSaying what you meanJust workWilliam uryMicrosoft teamsஒன்றுபட்டது கிஂக்டம்கிம் ஸ்காட்ரோஜர் மீனவர்