REBA: Reward & Compensation - What are the longer-term implications of high inflation on reward strategies?

Reward Strategy | Reward | High Inflation

The ongoing disputes around pay this year have led to months of strikes across the public sector and have been a significant barometer in a tempestuous year. The impact of the cost-of-living crisis has been catastrophic for many workers in terms of their spending power. Organisations across every sector have come under pressure to respond as employees seek higher salaries in a competitive recruitment market.