It is one of the most basic rules of people management: workers who feel recognized and valued are more productive and loyal, even in adverse circumstances such as the current one. Article link https://www.en24.news/e/2021/02/companies-boost-salaries-in-pandemic-times.html
The pandemic is making managers remember this rule and many are revising their salary and benefits policy, adapting it to the current moment. Companies like IKEA, Lidl or the Bernardo da Costa group increased the lowest wages in the midst of the crisis and reinforced the benefits granted to workers. Article link https://www.en24.news/e/2021/02/companies-boost-salaries-in-pandemic-times.html
The objective, they say, is to retain, motivate and reward professionals for their efforts.
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