A regional survey found that many corporations in the Philippines are seeking to make intellectual protection and aptitude their most sensible priority; they also plan to reduce losses, which, ironically, can create more stress on affected employees.
The report, entitled The Restoration of Stability Survey 2020, covered 100 employers in the Philippines representing corporations employing a total of 300,000 workers.
To deal with that, one side said they were already freezing hiring, while others took more drastic cost-cutting measures.
Twenty in line with a hundred said they planned forced leave or leave, layoffs, wage freezes, merit increase relief or deferment, and relief in bonuses accumulated for the rest of the year. Twelve percent said it was a pay cut.
On the other hand, 3 out of five employers reported that the virus would have a moderate or significant negative effect on the well-being of their employees. In response, 78% said they were looking to improve welfare programs, while 37% said they were contemplating better physical care services.
More than 60% of organizations promoted the availability of telemedicine and online intellectual conditioning facilities for their workers to the pandemic.
Almost part also prioritized paid and unpaid leave policies and communication about welfare programs to help their workers in their physical and emotional well-being, especially as they run from home, Willis Towers Watson said.
“We are encouraged that employers are actively looking for tactics and doing what they can for their workers,” said Susan los Angeles Chica, Philippines Director of Health and Benefits at Willis Towers Watson. Inq
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