Beginning in March 2020 and stretching into 2021, employers made drastic changes to employee pay as business dried up and uncertainty reigned.
A survey of 2,800 senior managers at U.S. companies, conducted by staffing firm Robert Half during the second half of 2020, found that 57 percent of respondents had suspended salary increases as a result of the COVID-19 pandemic. As the situation settled and companies began to feel more confident about their prospects, they reconsidered: READ MORE