CEO's are having a tough time getting employees back to work

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

You might also like

For several reasons, the IT sector is appealing to job seekers. ...Read more

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Articles

Robert Owen, a Welsh textile mill owner, social reformer, and labor activist came up with a slogan ...Read more

When it comes to the talks of the unemployment rate due to COVID-19, experts compare it to the Grea ...Read more

Today, it is a $174 Billion industry and one of the leading B2B businesses in the US. Whenever HR p ...Read more

However, the scenario has changed drastically in the last ten years. According to a report by Forbe ...Read more