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Other companies — including Target, Amazon, Meta and McDonald’s — previously said they would roll back their related programs.

In addition to communicating with employees, you should make sure to connect and coordinate with key vendors and service partners, such as payroll providers, 401(k) recordkeepers, financial institutions and insurers, about when and how the change will roll out.

Our initial report was published just after the first lockdown in New Zealand in 2020, and our second came after the 2021 rolling lockdowns due to the COVID-19 pandemic, while our capital city was still locked down.

Performance management can also enhance innovation by rolling those metrics up through each level of the organization.

Looking at that, we may be able to actually be really present through that growth rather than rolling the dice and seeing if we’re going to get growth or post-traumatic stress.

Although you may have the legal right to revert to the status quo depending on your circumstances, rolling back the changes now could result in a blow to employee morale.”

I once took a role with an organization that had an office in the San Francisco area with a 12-month rolling turnover rate of nearly 50%.

In rolling out mental health benefits, Burke acknowledged the potential stigma around usage.

As organizations roll out new benefits programs in response to COVID-19’s new normal, employees are likely to interpret them not only as responses to a specific employee or market needs, but also as statements of organizational identity, clear declarations of who the organization is or aspires to be.

Recent Developments As companies grapple with pay equity concerns, pay transparency laws and AI capabilities, many have rolled out new compensation strategies.