Don’t miss the latest developments in business and finance.

Lockdown: Fall in productivity single biggest concern among many firms, EY survey

Image
Press Trust of India New Delhi
Last Updated : Apr 10 2020 | 12:30 PM IST

As many as 72 per cent of organisations believe the impact of coronavirus pandemic will be felt beyond six months and the single biggest concern for continued remote working is fall in productivity, according to a survey by consultancy and advisory services provider E&Y.

The ongoing health crisis is also forcing organisations to re-look at the HR processes and operations through a "digital lens", said the EY survey titled 'HR resilience planning - COVID-19 impact and preparedness'.

The survey incorporates first-hand perspective of HR Heads/CHROs of over 100 organisations across sectors in India on the impact of COVID-19 and their preparedness to tackle the current situation, E&Y said in a statement.

"While the COVID-19 impact can be felt by organisations across sectors, 72 per cent of the organisations stated that its impact will be felt beyond six months," the survey said.

It further said, "around 70 per cent of the organisations believe that the single biggest concern for continued remote working is fall in productivity."

Also Read

First Published: Apr 10 2020 | 12:30 PM IST

Next Story