NEW DELHI: Amid increasing concern over COVID-19, companies in India expect negative impact on their business in the next 12 months, and for some the adverse impact may last longer, driving organisations to consider \"workforce optimisation\", a survey said on Tuesday.

According to the Willis Towers Watson<\/a> survey, 57 per cent of organisations in India expect a \"moderate-to-large\" negative impact on their business in the next six months, while 46 per cent expect this to last over a 12-months period.

The survey titled, COVID-19 India
Readiness Survey<\/a>, noted that 19 per cent expect an adverse impact to last over a two-year period, while only 5 per cent of organisations expect a positive business impact within the next 12 to 24 months.

\"The tough economic conditions and anticipated business impact could drive organisations to consider workforce optimisation,\" said Rohit Jain, Head of India, Willis Towers Watson.

As per the survey, almost one in three respondents anticipate that their 2020 annual bonus for executives and employees will be impacted, while 17 per cent expect an impact on their 2020 Long Term Incentive plans.

\"March to April is the performance review period and we're seeing organisations adopting a wait-and-see approach.

\" Most organisations are likely to consider the options of selective increments for critical skill staff, defer staff increments by three to six months, or even do away with increments altogether if the adverse circumstances prevail,\" said Rajul Mathur,
Consulting<\/a> Head, Talent and Rewards, Willis Towers Watson, India.

The survey found that 42 per cent of respondents have not taken a decision on salary increment budgets for this year, while 33 per cent indicated that performance appraisals and bonus pay-outs will happen as planned.

Moreover, 77 per cent said that there will be no reduction in salaries and 53 per cent responded that there have been no adjustments to the sales incentive pay-outs.

\"Employers should take an emphatic and considerate approach and evaluate options such as staff redeployment, reduced working hours\/days, long service leave, sabbatical, furlough, hiring freeze and voluntary pay cuts, before any serious consideration of a workforce reduction,\" Jain said.

The survey was conducted from March 20 to 31, 2020 and data was collected from nearly 417,000 employees working across sectors such as
Financial Services<\/a>, Healthcare<\/a>, IT & Telecom<\/a>, Manufacturing<\/a>, Public Sector<\/a> & Education<\/a> and Wholesale & Retail.<\/p><\/body>","next_sibling":[{"msid":75271629,"title":"Samsung to launch camera sensors that work better than human eyes","entity_type":"ARTICLE","link":"\/news\/samsung-to-launch-camera-sensors-that-work-better-than-human-eyes\/75271629","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"75271986","title":"Job7.-bccl","entity_type":"IMAGES","seopath":"jobs\/adverse-business-impact-of-covid-19-may-drive-companies-to-consider-workforce-optimisation-survey\/job7-bccl","category_name":"Adverse business impact of COVID-19 may drive companies to consider 'workforce optimisation': Survey","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-133879\/75271986.cms?width=150&height=112","link":"\/image\/jobs\/adverse-business-impact-of-covid-19-may-drive-companies-to-consider-workforce-optimisation-survey\/job7-bccl\/75271986"}],"msid":75272137,"entity_type":"ARTICLE","title":"Adverse business impact of COVID-19 may drive companies to consider 'workforce optimisation': Survey","synopsis":"The survey titled, COVID-19 India Readiness Survey, noted that 19 per cent expect an adverse impact to last over a two-year period, while only 5 per cent of organisations expect a positive business impact within the next 12 to 24 months.","titleseo":"telecomnews\/adverse-business-impact-of-covid-19-may-drive-companies-to-consider-workforce-optimisation-survey","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":225,"shares":0,"engagementtimems":277000,"url":"https:\/\/ettelecom.indiatimes.com\/telecomnews\/adverse-business-impact-of-covid-19-may-drive-companies-to-consider-workforce-optimisation-survey\/articleshow\/75272137.cms"},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2020-04-21 17:04:01","lastupd":"2020-04-21 17:06:04","breadcrumbTags":["education","consulting","manufacturing","readiness survey","public sector","Industry","Financial services","Willis Towers Watson","IT & Telecom","healthcare"],"secinfo":{"seolocation":"telecomnews\/adverse-business-impact-of-covid-19-may-drive-companies-to-consider-workforce-optimisation-survey"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2020-04-21" data-index="article_1">

不利的业务影响COVID-19可能驱动公司考虑劳动力优化:调查

调查题目,COVID-19印度准备调查指出,19%的期望造成负面的影响:在两年的时间,而只有5%的组织希望积极的业务影响在未来12至24个月。

  • 更新于2020年4月21日下午05:06坚持
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新德里:COVID-19担忧日益加剧之际,公司在印度的期望对他们的业务产生负面影响在未来12个月,并对一些负面影响可能会持续更长时间,推动组织考虑“劳动力优化”,一项调查周二表示。

根据威利斯韬睿惠悦调查中,57%的组织在印度期望“moderate-to-large”对他们的业务产生负面影响在未来六个月,而46%认为这将持续12个月的时间。

调查题目,COVID-19印度准备调查指出,19%的期望造成负面的影响:在两年的时间,而只有5%的组织希望积极的业务影响在未来12至24个月。

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“艰难的经济条件和预期业务影响可能推动组织考虑劳动力优化,“Rohit Jain说,印度的头,威利斯韬睿惠悦。

根据调查显示,近三分之一的受访者预计,他们2020年度奖金的高管和员工将受到影响,而17%的预计影响2020年的长期激励计划。

“3月至4月绩效考核期间,我们看到组织采取观望的态度。

“大多数组织可能会考虑选择的选项的增量为关键技能的员工,尊重员工增加三到六个月,甚至完全废除增量如果逆境占上风,”Rajul Mathur称咨询头,人才和奖励,威利斯韬睿惠悦,印度。

调查发现,42%的受访者没有决定今年薪水增量预算,而33%表示,绩效评估和奖金会按计划进行。

此外,77%的人说将没有工资的减少,53%的人回答说,没有调整销售激励奖金。

“雇主应该采取坚定的和周到的方法和评估选项如人员调动,减少工作时间/天,长期服务休假,休假,休假,招聘冻结和自愿减薪,任何认真考虑之前的劳动力减少,”Jain说。

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调查从3月20日至31日,2020年,数据收集来自近417000个员工在等行业金融服务,医疗保健,它与电信,制造业,公共部门&教育和批发和零售。

  • 发布于2020年4月21日下午05:04坚持
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NEW DELHI: Amid increasing concern over COVID-19, companies in India expect negative impact on their business in the next 12 months, and for some the adverse impact may last longer, driving organisations to consider \"workforce optimisation\", a survey said on Tuesday.

According to the Willis Towers Watson<\/a> survey, 57 per cent of organisations in India expect a \"moderate-to-large\" negative impact on their business in the next six months, while 46 per cent expect this to last over a 12-months period.

The survey titled, COVID-19 India
Readiness Survey<\/a>, noted that 19 per cent expect an adverse impact to last over a two-year period, while only 5 per cent of organisations expect a positive business impact within the next 12 to 24 months.

\"The tough economic conditions and anticipated business impact could drive organisations to consider workforce optimisation,\" said Rohit Jain, Head of India, Willis Towers Watson.

As per the survey, almost one in three respondents anticipate that their 2020 annual bonus for executives and employees will be impacted, while 17 per cent expect an impact on their 2020 Long Term Incentive plans.

\"March to April is the performance review period and we're seeing organisations adopting a wait-and-see approach.

\" Most organisations are likely to consider the options of selective increments for critical skill staff, defer staff increments by three to six months, or even do away with increments altogether if the adverse circumstances prevail,\" said Rajul Mathur,
Consulting<\/a> Head, Talent and Rewards, Willis Towers Watson, India.

The survey found that 42 per cent of respondents have not taken a decision on salary increment budgets for this year, while 33 per cent indicated that performance appraisals and bonus pay-outs will happen as planned.

Moreover, 77 per cent said that there will be no reduction in salaries and 53 per cent responded that there have been no adjustments to the sales incentive pay-outs.

\"Employers should take an emphatic and considerate approach and evaluate options such as staff redeployment, reduced working hours\/days, long service leave, sabbatical, furlough, hiring freeze and voluntary pay cuts, before any serious consideration of a workforce reduction,\" Jain said.

The survey was conducted from March 20 to 31, 2020 and data was collected from nearly 417,000 employees working across sectors such as
Financial Services<\/a>, Healthcare<\/a>, IT & Telecom<\/a>, Manufacturing<\/a>, Public Sector<\/a> & Education<\/a> and Wholesale & Retail.<\/p><\/body>","next_sibling":[{"msid":75271629,"title":"Samsung to launch camera sensors that work better than human eyes","entity_type":"ARTICLE","link":"\/news\/samsung-to-launch-camera-sensors-that-work-better-than-human-eyes\/75271629","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"75271986","title":"Job7.-bccl","entity_type":"IMAGES","seopath":"jobs\/adverse-business-impact-of-covid-19-may-drive-companies-to-consider-workforce-optimisation-survey\/job7-bccl","category_name":"Adverse business impact of COVID-19 may drive companies to consider 'workforce optimisation': Survey","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-133879\/75271986.cms?width=150&height=112","link":"\/image\/jobs\/adverse-business-impact-of-covid-19-may-drive-companies-to-consider-workforce-optimisation-survey\/job7-bccl\/75271986"}],"msid":75272137,"entity_type":"ARTICLE","title":"Adverse business impact of COVID-19 may drive companies to consider 'workforce optimisation': Survey","synopsis":"The survey titled, COVID-19 India Readiness Survey, noted that 19 per cent expect an adverse impact to last over a two-year period, while only 5 per cent of organisations expect a positive business impact within the next 12 to 24 months.","titleseo":"telecomnews\/adverse-business-impact-of-covid-19-may-drive-companies-to-consider-workforce-optimisation-survey","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":225,"shares":0,"engagementtimems":277000,"url":"https:\/\/ettelecom.indiatimes.com\/telecomnews\/adverse-business-impact-of-covid-19-may-drive-companies-to-consider-workforce-optimisation-survey\/articleshow\/75272137.cms"},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2020-04-21 17:04:01","lastupd":"2020-04-21 17:06:04","breadcrumbTags":["education","consulting","manufacturing","readiness survey","public sector","Industry","Financial services","Willis Towers Watson","IT & Telecom","healthcare"],"secinfo":{"seolocation":"telecomnews\/adverse-business-impact-of-covid-19-may-drive-companies-to-consider-workforce-optimisation-survey"}}" data-news_link="//www.iser-br.com/news/adverse-business-impact-of-covid-19-may-drive-companies-to-consider-workforce-optimisation-survey/75272137">