CEO's are having a tough time getting employees back to work
18 months into the pandemic, if we thought that staffing shortage and workers issues were limited to laborers then we couldn't have been more wrong. CEOs of many large-scale enterprises are running out of options to get their employees to come back to work. They've tried offering higher pay, flexible work hours, pensions, tuition coverage, phased retirement model, hybrid work scheduled, and much more, yet they are unable to lure the employees to come back to work. CNBC sources David Faber and Jim Cramer said that they personally know CEO of multinational companies who are "out of their wits" trying to get employees.
Cramer believes that a possible solution might be the approval of a COVID drug by Merck and Ridgeback Biotherapeutics, it will be reassuring for people who are worried about getting sick at work. Merck and Ridgeback have developed an oral treatment for COVID and they are going to seek emergency authorization in the US for the same. The drug named Molnupiravir reduced the risk of hospitalization or death by 50% among patients with mild covid cases. If cleared, this drug will is the first oral antiviral for COVID. This becomes even more dire as the spike in cases continues due to the Delta Variant.
Source: CNBC
Category
Inclusion, Equity &
Employment Testing
Executive Compensation
People Management
Educational Assistance
Religious Accomodations
Leave Management
Workplace Stories
Employee Relations
Social Media
Overtime Eligibility &
Employment Law & Compliance
Onboarding
Privacy
Benefits Reporting & Disclosure
Whistleblowing
Workers' Compensation
Labor Relations
Open Enrollment
Employment Contracts
HR Software
Severance Pay
HR Careers
Global Mindset
Eligibility Verification (I-9)
Mental Wellness
Sexualy Harassment
Payroll
Records & Reports
Mental Health Benefits
Workplance Violence
Employee Handbooks
Artificial Intelligence
Communication
Technology
Age
Unemployment Benefits
Disability Benefits
Analytical Aptitude
Intellectual Property
Relationship Management
Parental Leave
Leadership Development
Trends
Pay Equity
Career Development
Job Descriptions
Opening
Organization & Employee Development
Ethnicity
Tags
Article
The Future of Gig Employment
There’s no denying that the gig economy has seen much growth since the last recession. With the spr ...
Let's Talk about the Hustle Economy
With the COVID-19 outbreak, it has increased manifold, owing to the rise in remote working. It’s be ...
Avoid These 5 (Obvious) Mistakes in Your Job Application
Today’s market is a competitive one – especially after the COVID-19 pandemic. Unlike 2019, when the ...
All you need to know about the teaching profession
Teaching jobs: transformative teacher roles you can undertake amidst the teacher shortage in the US ...
Comments