LEADERSHIP & STRATEGY
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“Proactive and effective communication , and engagement with shareholders , employees and the publics to manage optics is paramount given the significant changes .”
— Yong Fei , Director , Executive Compensation , South Asia , and Shai Ganu , Managing Director and Global Practice Leader , Willis Towers Watson
Both Tan and Ganu highlight that employees should focus on their wellbeing including physical , mental , social and financial , while boards should con- sider ways to conserve cash , particularly if they are seeking government assistance , and / or are deploying cash flow and cost containment initiatives .
It is also important to maintain an enhanced and clear line of communication between investors and stakeholders . “ Customers and the media are more likely to scrutinise pay decisions made ,” comments Tan and Ganu . “ Proactive and effective communication , and engagement with shareholders , employees
FEBRUARY 2021