The COVID-19 pandemic has made 2020 one of the most challenging years employers have faced. Many were forced to shutter office spaces and turn workforces remote, in addition to responding to rapidly changing customer needs.
While often tricky, these trying times have allowed HR professionals to learn some valuable lessons. Here’s a look at a few key takeaways that could benefit your company.
Helping Employees Achieve Financial Wellness is Crucial
Unfortunately, many companies were forced to lay employees off or administer pay cuts during the pandemic. This highlighted the fact that many people did not have an emergency fund — or at least enough in savings to survive on for a few months. According to a survey conducted by the American Payroll Association, nearly 69% of Americans would experience financial difficulty if their paychecks were delayed for a week.
When employees are stressed about money, it’s nearly impossible for them to do their best work. Employers can help with this by offering employee assistance programs that provide financial counseling and education. This will encourage people to take control of their finances, so they can stay afloat during challenging times.
Staying Connected Matters
Your employees might not be together in the office, but they still need to work as a team. Employee engagement can decline when people feel isolated from the group. Therefore, it’s important to keep a sense of team spirit alive from afar. This can include regular video meetings, fun remote activities — i.e., a virtual gingerbread house contest — and group challenges that keep people connected.
Investing in Technology is a Must
Some companies didn’t have much trouble shifting to a remote culture because the technology was already in place. When employees are equipped with laptops, VPN connections, and everything else needed to work outside the office, they’re able to be productive anywhere. The need for this level of technology has never been more apparent. Employers should make the necessary investments to ensure there won’t be a business disruption if another crisis occurs in the future.
Adaptability is Key
No doubt, this unconventional year has challenged employees in many ways. Companies have learned the best way to support workers is to give them as much freedom as possible. For example, offering flexible work hours, so employees with kids can balance childcare and remote learning. When employers are willing to help people manage a work-life balance, they show gratitude by being loyal to the company and giving their jobs extra effort.
Are you having trouble hiring during the pandemic? PrideStaff Dallas can help you find the perfect fit, so contact us today to discuss a partnership!