The coronavirus is hitting businesses and their employees. Somebusinesses are still open and millions of employees are working toserve customers. Some of the employees work in their workplaceswhile some others work from home. Almost all employees worrywhether they will lose their jobs or if they will have a pay cut.It is obvious that unemployment will rise because millions ofemployees will lose their jobs and the remaining employees may havea pay cut (10, 20, 30, 50%) depending on the position in his/herworkplace.
Because of the coronavirus, the business environment has startedto change. It is becoming a challenging fast-changing environment.Currently, many managers are faced with difficulties. In the nearfuture and in the long run, they will need to deal with importantissues.
Lastly, you have to remember that one can easily manage firmsduring prosperous times but effective managers flourish duringdifficult times.
Below is a sample list of terms that you can use when answeringthe questions.
Job security and protection; Employee morale; Employee stress;Anxiety; Employee wellness; Effective decision making; Workperformance; Key competencies; Productive employees; Quality ofwork produced; Work-life balance; Mental health; Employees in ahigh-risk health category; Illness; Government sector; Healthsector; Security forces.
What would be the possible changes and developments in theworkforce and workplace diversity in the near future and in thelong run? Discuss.