Coronavirus is bringing many challenges to businesses around the
globe but providing support to employees is a high priority.
There is not a company in the world that will be left untouched
by the effects of coronavirus. With global markets reeling and
citizens confined to their homes, the coming weeks and months will
put companies’ business continuity plans to the test as never
before.
Many governments are moving swiftly to introduce new measures to
support the economy and their populations during these
difficult circumstances. A list of government support schemes can
be found here.
Businesses will need to adapt their systems and structures to
keep up with the changing legislation. Companies should always
prioritise the best interests of their staff wherever possible, and
HR and payroll issues should be the focus now.