The pandemic has, unfortunately, hit many people’s finances hard, with many losing their jobs and others seeing their incomes fall. However, with certain demographics - including women, low-paid workers and ethnic minorities - disproportionately affected, social inequalities have been laid bare.
A conversation has also been started about how we value jobs, with roles that were previously taken for granted or branded as low-skilled now being deemed essential.
Does this mean we can expect organisations to overhaul their reward practices to make them fairer? Latest research from the CIPD shows that only 3 in 10 employers had thought about the fairness of their reward practices in response to the pandemic.
What can HR do, to encourage greater consideration of fair reward practices in their organisation - and what are the first steps they need to take? Join our webinar to learn more about the unequal impact of the pandemic on the workforce and what employers should be doing to ensure fairer reward and recognition as organisations build back better post-pandemic.
Our panel of experts includes:
• Charles Cotton, Senior Policy Adviser – Performance and Reward, CIPD
• Xiaowei Xu, Senior Research Economist, Institute For Fiscal Studies
The session will be chaired by Daphne Doody-Green, Head of CIPD Northern England. Attendees can submit questions in advance using Communications@cipd.co.uk
Please note: If you’re unable to join, the recording will be available on our website afterwards at cipd.co.uk/news-views/coronavirus/webinars.