Executive Master Class in Human Resource Management

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1. What impact has COVID-19 had on HR?

   Hudson and Vlerick Business School publish their HR Barometer annually to identify the most significant HR trends and challenges of the previous year. The COVID-19 pandemic has made the past year an exceptional one for everyone. In uncertain times, it was a challenge to set the right priorities. What impact did COVID-19 have on the performance of HR? Our online survey resulted in 104 organisations sharing their experiences and concerns. This year, the HR Barometer covered no less than 363,631 employees in Belgium through these organisations.

2. Half of CEOs of listed companies saw bonus shrink in past year

   The number of CEOs of listed companies in Belgium and the Netherlands who received zero bonus for their performance last year rose from 1% (in 2019) to 16% (in 2020). One in five of all CEOs even found themselves forced to accept a lower fixed salary. All because of the economic consequences of the Covid-19 pandemic. These are the main conclusions of a new study by the Executive Remuneration Research Centre with 41 Belgian and 54 Dutch publicly traded companies, all of which had published their annual report by the time of the study and employed the same CEO. The study focused on the evolution of fixed and variable executive remuneration from 2019 to 2020.