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“Amid the pandemic, employers have been navigating a public health crisis, a turbulent economy, financial woes, and difficult business decisions. However, they are also finding ways to support their employees during this challenging time,” Catherine Collinson, CEO and president of Transamerica Institute and TCRS, said. (Credit: cacaroot/stock.adobe.com) “Amid the pandemic, employers have been navigating a public health crisis, a turbulent economy, financial woes, and difficult business decisions. However, they are also finding ways to support their employees during this challenging time,” Catherine Collinson, CEO and president of Transamerica Institute and TCRS, said. (Credit: cacaroot/stock.adobe.com)

Around 70% of employers reported being negatively impacted by the pandemic, but most (90%) still found ways to support their staffs by implementing one or more types of programs, according to a survey by the Transamerica Institute and its Transamerica Center for Retirement Studies (TCRS).

Providing flexible hours was the most popular way to support employees during the pandemic, with 59% of employers instituting such policies. Additionally, 53% reported allowing work-from-home/remote arrangements, while 43% put in place new safety measures and 24% provided emergency paid leave.

Steve Hallo

Steve Hallo is an assistant editor with PC360 Group. Prior to his current position, Steve spent nearly a decade covering retail transformation, consumer trends, manufacturing issues and supply chain challenges impacting global CPG markets. He can be reached at [email protected], and on LinkedIn and Twitter.  

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