Workforce Logiq, like most organizations, is closely watching how the COVID-19 pandemic is impacting our team members, clients – and the now normal in which we find ourselves.

Since our last update, much has changed.  Good news as Drugmaker Moderna Inc. reported early results from the first human study of its experimental coronavirus vaccine that gave a positive signal about the shot’s ability to protect people, raising hopes that a weapon to slow or halt the pandemic could be on the horizon.  And, all but a few states have or are soon planning to loosen shelter-at-home restrictions and allow businesses to start getting back to work.  See map below as reported in the New York Times:

On a global note, Italy, a major COVID hot spot, announced that the country would be open to tourists as of June 3; India, where we have a large Global Solutions Center, is already allowing some parts of the economy to get back to work, especially areas deemed “virus-free”.  As reported in the news, IT/ITES offices have been told to work at 50% staff capacity.  Per the regulations, organizations will have to ensure every employee wears a facemask, no employee is closer than 6 feet from another, and that there are no meetings of 10 people or more. Those with children below 5 years of age and those aged above 65 will be encouraged to work from home.

Even with the loosening of restrictions, many companies, including Workforce Logiq, are delaying decisions on moving workers back into the office in order to get the right information to make the right decisions on how, when – and who to bring back to the office vs. continue to work from home.

The issue was clear in a recent Wall Street Journal headline: When It’s Time to Go back to the Office, Will it Still be There?  Good question!  The answer per the article: There will likely be fewer offices in the center of big cities, more hybrid schedules that allow workers to stay home part of the week, and more elbowroom as companies free up space for social distancing. Smaller satellite offices could also pop up in less-expensive locations as the workforce becomes less centralized.

San Francisco based Twitter already notified its workers that most of them could continue to work from home – indefinitely.  Nationwide also announced that they will move to a hybrid model, with in-office work at four main campuses and remote work in most other locations; they have already announced the closure of four offices, telling the four-thousand workers who worked there that they would be permanently working from home.  And Google recently announced that up to 50% of their employees could be working remotely within a decade.

Much of the hesitation has to do with continued questions on the pace of an economic recovery.  It appears that there is a growing consensus that a “Swoosh” Recovery is in the making.   Per the Wall Street Journal on May 11th, the “Swoosh” refers to the Nike logo shape, created by a large drop followed by a slow recovery, with many economies not returning back to 2019 levels of output until late next year or even later.

And that uncertainly is reflected in worker sentiment.  Workforce Logiq’s national proprietary Talent Retention Risk (TRR) ScoreSM – which has yet to reach its second peak, indicates to us that our elevated level of workforce volatility will remain at current levels through August, at a minimum.  Click here to visit our interactive TRRSM infographic.

Workforce Logiq is taking a cautious approach to coming back to the office.  We have created a global cross-functional COVID-19 Re-Entry Task Force, chaired by COO, Mark Brady.  The task force is now officially partnering with ERM, a leading global provider of environmental, health, safety, risk, social consulting services and sustainability related services.  Together, we will create a comprehensive plan that has as its core the priority to protect our team members worldwide.  We also continue to be in close dialogue with our clients to understand how their re-entry plans impact our on-site program teams and contingent resources.

We expect to have a prioritized plan in the next few weeks.  However, like many companies, Workforce Logiq continues to deliver service excellence – even with 100% of our employees working from home.  We will take the time to make the best data-driven decisions – that also include feedback from our team members.

We also continue to be focused on advising clients on how to get back to growth smartly – and cost effectively – especially as they begin to bring their displaced contingent resources back on board.

As always, we appreciate your continued partnership and stand ready to assist in any way we can to help manage through this difficult situation together. Please do not hesitate to contact your client services team if you have any questions regarding the steps we are taking – or if we can provide you with additional support.  You are an important partner and we greatly appreciate the trust you place in us.


Precautions & Preventative Measures for COVID-19

 

Click here to access Q&As outlining our COVID-19 business continuity plan.

CDC Resources:

There are several precautionary measures you can take to decrease the spread of the coronavirus. Below are links to helpful resources on the CDC website:

Keeping Workplaces, Homes, Schools, or Commercial Establishments Safe

Handwashing and Hand Sanitizer Fact Sheet

Coronavirus Information for Travel

Locations with Confirmed COVID-19 Cases

Workforce Logiq Goes Bollywood!

Check out the creativity of your team in India during the COVID-19 lock down.

 
 

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