The Wrap

Business Advice Amid COVID-19: Human Capital and Employee Matters


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Companies are facing a wide array of challenges in the COVID-19 pandemic, especially wen it comes to employee matters. Some are considering reducing their workforces, while others are striving to increase them. 

In this special edition episode of The Wrap, David Salters, CSP, TSC , Director of Sales and Operations for Warren Averett Staffing & Recruiting, and Kelly Cochran, Warren Averett’s Director of Human Resources, join our hosts to discuss how companies can best make decisions impacting their team members and the most important things to consider when it comes to their employees. 

This podcast episode includes discussion about:

·       Options for employers to minimize the impact of reducing pay or schedules

·       Tips for communicating difficult news about furloughs or layoffs to your employees

·       Considerations for employers seeking to maintain benefits for employees who aren’t working or who are working on a reduced schedule

·       Things to keep in mind when you company begins to re-recruit and rehire after furloughs or layoffs

·       Considerations for companies looking to retain and reward essential employees during the COVID-19 pandemic

 

This episode reflects our views at the time this podcast episode was released and should be used as reference only. We recommend that you talk to your Warren Averett advisor, or another business advisor, for the most current information or for guidance specific to your organization.

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The WrapBy Warren Averett