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Amazon CEO Andy Jassy said the company was set for additional layoffs in a memo to employees earlier this month.

This represents a shift from reactive interventions toward a disciplined, scenario-based governance model that accounts for: ;Economic signals (political stability, inflation trendlines, and the credibility and availability of official data); ;Banking constraints (the central bank’s stance on foreign-currency payments and the feasibility of payrolls in U.S. dollar [USD] denominations); ;Legal risks (clawback enforceability, labor-code treatment of temporary allowances and time limits that may convert allowances into permanent pay); ;Market norms (insights from formal surveys and agencies as well as spot data to understand competitive moves); ;Business model impact (revenue streams, margins, profit-and-loss structure, and cash flow implications of shifting to hard currency pay); A Toolkit of Emerging Compensation Responses In response to sustained volatility, TR leaders are deploying a mix of short-term and structural solutions.

But the model can work in other cases, as evidenced by teams like: ;Aart de Geus and Chi-Foon Chan, who served for a decade as co-CEOs of Synopsys , which supplies tools and services to the semiconductor industry; and,; ;Jeff Badgley and William Miller II, who ran towing and wrecking manufacturer Miller Industries as co-CEOs for more than eight years.; Setting co-CEOs up for success likely requires early involvement from the HR team, as soon as the board begins contemplating such a model.

This paper reviews previous research and presents new findings as it proposes a multidimensional model for exploring executive remuneration decision making.

Course Navigating Multinational Sales Compensation Learn to confidently set up and administer an effective multinational sales compensation program.

Explore Various Pay Models Although various strategies are used, TR pros should investigate the standard models below and whether differentials are based upon a percentage of salary or a fixed dollar amount before a plan is determined.

Total Rewards Model: A Guide Save Learn what makes up Total Rewards and how it fits with an organization’s broader HR strategy.

Instead, the McKinsey survey said this model should focus on: ;Skill development to boost collaboration.; ;Building an experimentation/ideation culture to boost innovation.; ;Engaging leaders to boost mentorship.; Remote Work Model This model offers high flexibility, broader talent access and significant cost savings on office space, said Gleb Tsipursky, the CEO of Disaster Avoidance Experts, a hybrid work consultancy.

Key Takeaways A natural extension: Global architectural design firm Gensler implemented its co-CHRO model in 2024, already having this model in place for CEOs and chairs.

“The ability to lead through ambiguity, leverage technology effectively and retain top talent in volatile conditions has become more valuable than traditional command-and-control leadership models of the past.”