Half of respondents plan to or have already conducted the regular salary reviews without changing the remuneration amounts, and almost a third of respondents (23%) have postponed salary reviews for at least one category of employees. More than half of organizations (63%) plan to or have already revised monthly/quarterly/annual performance targets for employees due to the pandemic outbreak and economic downturn Forty-four percent of respondents believe their organizations will be able to achieve their business targets for 2020. It is the opportunity to exchange practices and ideas that is extremely useful for companies in the process of finding their own approaches to human resource management in the context of a changing environment amid the pandemic,” commented Olena Boichenko, Director of Human Capital Advisory Services at Deloitte Ukraine. “We are grateful to everyone who participated in the study that was conducted jointly with the Human Capital Committee of the American Chamber of Commerce in Ukraine. The survey respondents included almost half (45%) of top management and HR Directors, and 36% of middle management, HR managers, HR leaders, and finance function representatives. 
In total, 22 companies participated in the survey conducted from 1 to 19 June.
The study examines the impact of the pandemic on the global economy and, in particular, on the activities of Ukrainian companies, analyses approaches of the Ukrainian businesses to employee remuneration and staff cost management, as well as planning their return to work. Deloitte Ukraine, jointly with the American Chamber of Commerce in Ukraine, conducted the survey on the potential salaries in 2020 to explore how the current crisis has affected the annual salary review and talent management processes. As many companies around the world have been hit by the COVID-19 crisis, the unemployment rate has almost doubled compared to last year.
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