Salary.com Survey Finds 92% of Firms Ordered Employees to Telework
Nearly three-quarters of U.S. companies experienced layoffs, furloughs or facility closures due to the pandemic, and 92% instructed employees to work from home, Salary.com reported Monday. The workforce data analytics firm canvassed nearly 1,400 companies of various sizes across 21…
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industries Aug. 8-Sept. 23, finding 61% imposed salary freezes for all employees and 47% initiated pay cuts. Only 13% reported “their current level of turnover has led to missed production and delivery timelines,” it said. "While the pandemic's unprecedented impact on corporate America cannot be denied, this survey demonstrates that the mix of employee actions taken, and no doubt tremendous resiliency among employees, has led to a relatively low level of production delays."