1/4 of CTA Members Say COVID-19 Forced Layoffs, Furloughs
Nearly nine in 10 "business leaders" who work for CTA member companies view “flexible work arrangements” as the most important benefit for the next five years, the association reported Tuesday. CTA canvassed 240 respondents online Aug.11-Sept. 11, finding 40% say…
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their companies allow “designated telework/work from home day(s) during the pandemic.” Roughly seven in 10 expect to hire more employees to work remotely, and 80% plan to do more job interviews by video chat or teleconference. Fewer than a quarter expect to hire employees to work onsite in the next five years. Sixty-two percent say their companies hadn't “displaced” any workers through furloughs or layoffs “as a direct result of the COVID-19 pandemic” and don't expect they will. A quarter of the companies have let employees go. Three-quarters of respondents report difficulty finding job candidates “with the right skills and abilities.” Fifty-seven percent crave candidates with data analytics skills, while equal 56% proportions seek recruits who excel at software development or project management.