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Impact of covid-19 will be felt beyond six months: EY survey

covid-19 pandemic Government crisis
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livemint.com:

The prolonged lockdown and the disruption of business due to covid-19 is making companies across sectors anxious, as fall in productivity while working from home becomes their biggest concern.

According to a recent survey by Ernst & Young (EY) involving HR heads from 100 organisations, 72% felt the impact of the pandemic will be felt beyond six months.

Around 55% organisations expect medium to significant impact on employee cost, while the rest are still not sure, the survey points out.

Many organisations are trying to support the junior management by offering additional pay-outs and hazard pay. While 22% organisations are considering manpower optimisation in the short-term, 35% want to delve into the future depending on the impact of the

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
Thousands in Scotland living with undiagnosed disease as sufferers warn of symptoms
Peter Leven reveals unique Aberdeen FC challenges of managing from hospital bed and why Dons stars BOOED him
Famous Scots DJ's teen son died after complaining of mysterious leg pain
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Hero cop takes down suspect who broke free from ambulance
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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