2011 Recession, Recovery and Rewards Flash Survey

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To better understand the impact of the recession on reward decisions, Towers Watson surveyed large and midsize employers in January and February 2011. Participants shared with us their near-term plans for merit increases, differentiation based on performance and other elements of attraction and retention that are evolving as the economy continues its recovery.

For most U.S. and Canadian companies, and their employees alike, the worst impact of the recession on rewards programs seems to be waning, with merit increases improving and funding for short-term incentive programs projected to hold steady in 2011 at the full funding levels reported in 2010. While most employers anticipate flat staffing levels, only small percentages indicate they plan to reduce headcount this year, with many more projecting headcount increases. Detailed findings are available in the full report.

Download Key U.S. Findings  Download Key Canada Findings