Hewitt Research Update: How the economy is impacting compensation spending.

In response to recent economic events, Hewitt conducted a pulse survey with our clients late last week. The primary intent of this survey update was to assess the general compensation environment within U.S. companies by identifying anticipated compensation changes and other issues that are keeping CHROs "up at night".

In this brief podcast, two Hewitt experts, Ken Abosch and Lori Wisper, briefly discuss this survey's preliminary results, and then provide some important insights based upon questions that HR organizations are facing in the midst of this economic environment.

Are firms reducing variable payouts? Are hiring or pay freezes being implemented? Get the latest information, and insights, in this informative 10-minute discussion.

PODCAST:

Click here to access the podcast, "Economic Implications on 2009 Compensation Budgets". Running time for this podcast is 10 minutes; file size is 9 MB. If you experience a slow connection, please right-click this link and download the podcast.