A distributed workforce in a downturn: How it affects compensation & hiring

A Distributed Workforce in a Downturn: How it Affects Compensation & Hiring

It has been a wild year in tech and as we look ahead to 2023, your hiring and compensation strategies have never been more important. A year ago, it was a candidate-driven market but with a looming economic downturn and the announcement of layoffs and hiring freezes in the last few months, what has shifted, and what should growth-focused companies focus on to attract and retain top talent? How does a globally distributed workforce affect compensation and hiring strategies during a downturn?

Hear from Annika Reinhardt, Co-founder of Talent Collective, and Certified Compensation, Global Remuneration and Sales Compensation Professional, and Alistair Shepherd-Cross, Teamit's President & Co-founder, for an insightful discussion on the current state of the tech market and implementing compensation and hiring strategies to retain and attract talent.

About this webinar:

It has been a wild year in tech and as we look ahead to 2023, your hiring and compensation strategies have never been more important. A year ago, it was a candidate-driven market but with a looming economic downturn and the announcement of layoffs in the last few months, what has shifted, and what should growth-focused companies focus on to attract and retain top talent? How does a globally distributed workforce affect compensation and hiring strategies during a downturn?

Annika Reinhardt, Co-founder of  Talent Collective, and Certified Compensation, Global Remuneration and Sales Compensation Professional, provide insights on the latest compensation trends and strategies companies can implement to remain competitive. Teamit’s President & Co-founder, Alistair Shepherd-Cross, also shares what’s happening in the market and how competitive salaries impact  talent retention and recruitment in the tech industry.  

What you'll learn:

Compensation and hiring trends
Key metrics to track for 2023
Retaining younger generations: what to really focus on
What we’re currently seeing in the market for tech salaries and how it’s impacting talent and retention

Annika Reinhardt is the Co-founder of Talent Collective, an organization focused on helping companies develop, grow and reward their talent. Annika is a Certified Compensation, Global Remuneration and Sales Compensation Professional with a Masters in Project Management and 10+ years of experience in organizational learning & development. Her focus is on working with fast-growing tech companies on their compensation and people operations plans ranging from salary and incentive structures to career growth programs.