On one hand, the disruption occasioned by the highly contagious disease is already painting a bleak economic outlook for the short to long term, with pay cuts and layoffs being considered to slash running costs and stay afloat.
Productivity is at a bare minimum, revenues are dwindling or totally drying up, with no reprieve in sight, yet there is payroll, alongside other fixed costs. Besides, the pandemic has introduced some new budget lines to cater for personal protective equipment, sanitizer, face masks, among others, in addition to the pressure to demonstrate good corporate citizenship by supporting causes against the virus.
In Kenya, many flower firms that were amongst the first to be hit by the restriction in travel froze pay and sent workers home. In the midst of all this, some firms have taken the bold decision to publicly declare that no member of staff will be negatively impacted by the prevailing pandemic. In a recent interview the Human Resources Director, Sub Saharan African Region, Philip Morris International, Khady M.N. Sarr, said, “It is precisely in such difficult and unprecedented circumstances that as an employer we need to stick together with our employees. Whatever the impact the COVID 19 crisis will have on our business, we commit not to terminate any employment and to continue paying salaries whether or not our colleagues can fulfil their professional obligations.
This is in addition to supplying all staff with a weekly supply of ‘safety hamper’ that includes hand sanitizer, hand wash, disinfectant and bleach. This is to help the staff keep the virus at bay.
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Source: DailyPostNGR - 🏆 11. / 59 Read more »