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crisis management

Hotels Mull Pivot to Remote Work Getaways During Pandemic

  • The hospitality industry been struggling with a loss of income due to a slump in travel and event cancellations during the COVID-19 pandemic
  • Some hotels have been buttressing their revenues with short-term room rentals for people to enjoy a new remote work location
  • Long-term stay packages also being offered
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Being the Leader Your Employees Deserve During Uncertain Times

  • Organizational behavior professors at Stanford University offer tips on the “hallmarks of great leadership” during crises
  • Advice follows extensive research on how leaders build on successful performances and how companies have handled difficult situations
  • Compassion, stepping up to difficult tasks, and looking for opportunity in crisis are among the best strategies
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Connecticut Power Outages May Send Some Workers Back to the Office

  • Widespread power outages following Tropical Storm Isaias impede employees’ ability to work from home
  • Employers look to cope with loss of services, including possibility of sending some workers back to the office while maintaining COVID-19 safety protocols
  • Situation highlights one limitation of remote work
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What the Proposed HEALS Act Means for Businesses and Workers

  • Senate Republicans’ proposal for continued COVID-19 relief would provide additional stimulus while reducing unemployment supplement
  • Second round of Paycheck Protection Program would focus on small businesses
  • Additional funds aim to relieve workers of child care burden
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Small Business Employment Recovery Falters In States With Rising COVID-19 Numbers

  • Job recovery at small- and medium-sized businesses has slowed or reversed in states that have seen a recent surge in COVID-19 cases
  • Employment at these companies is down 23 percent on an annual basis
  • Effect largely concentrated in Sun Belt states, where shutdown orders have been reinstated
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Businesses in These Cities Haven’t Felt the COVID Pandemic Too Hard

  • LendingTree analyzed survey data from the U.S. Census Bureau to see which cities have felt the least impact on their businesses due to COVID-19
  • Cities in Kentucky, Virginia, and Arizona top the list
  • Recent reopening and local grants help ease the burden
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States Scramble to Assist Businesses Impacted By Pandemic, Compete for Emerging Jobs

  • State economic agencies turn focus to supporting existing businesses impacted by COVID-19 pandemic
  • Loan programs and other relief supplement federal efforts to minimize business closings and layoffs
  • Push for onshoring set to renew competition among states for emerging jobs
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Economists Push For Additional Direct Cash Payments to Aid Economy

  • A group of 153 economists calls for additional direct cash payments to Americans to help stimulate the economy
  • Payments under the CARES Act helped boost spending among lower income households, mostly for essentials
  • Supplemental unemployment funds set to expire at end of July
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