COMPENSATION CONSIDERATIONS AMID COVID-19
Here’s a glimpse of salary concerns amid senior managers today.
Worried About Retention
| • 47% are very concerned about their company’s ability to retain valued staff. |
| • 41% are somewhat concerned. |
| • 39% of managers who have concerns attribute them to salary reductions and planned salary freezes. |
Cities with the highest percentage of managers who are concerned salaries will impact retention:
| • Minneapolis: 52% |
| • Tampa 50% |
| • Portland 49% |
Ready — and Willing — to Offer More Pay
| • 28% have increased starting salaries for new hires since the pandemic began. |
| • 44% have made no change to starting salaries. |
| • 36% are more likely to negotiate salary with new hires than a year ago. |
| • 50% are equally likely to negotiate salary. |
Cities with highest percentage of managers who are more likely to negotiate:
| • Austin 51% |
| • Raleigh 48% |
| • Charlotte 45% |
For more information on salaries, visit roberthalf.com/salary-guide
Source: Robert Half survey of more than 2,800 senior managers in the U.S. conducted July 10 to August 9, 2020
© 2021 Robert Half. An Equal Opportunity Employer. M/F/Disability/Veterans.
