Layoffs, pay transparency and compensation strategy may seem like separate conversations for HR and benefits professionals. In reality, they are deeply connected and the way organizations navigate them will define their reputation and ability to attract and retain talent in the years ahead.
Layoffs remain one of the most visible decisions a company can make. Over the past two years, we’ve seen waves of reductions across industries from tech to finance to retail. For executives, layoffs often appear to be the fastest lever for cutting costs. But for employees, the impact goes far beyond a spreadsheet.
