March 27, 2020
The Association hosted two membership-wide webinars on the coronavirus pandemic, including an examination of lessons learned from the 2008 financial crisis by companies impacted by executive compensation restrictions tied to financial aid under TARP. A second call focused on how companies are considering and handling workforce reductions and related compliance issues.
Detailed summaries of both calls and further resources recommended by HR Policy members may be found on our Coronavirus Resources Page.
As a reminder, we have instituted the Coronavirus Response Network, a members-only online community for posting questions and answers, and examples of company resources on planning for and dealing with the coronavirus outbreak. Discussions on the network have ranged from leave and scheduling policies, to screening protocols, to employee outplacement and talent needed. All HR Policy members were sent an email with instructions on how to access the network, and companies are already posting policies and communications. If you have further questions about the network, please contact Henry Eickelberg at firstname.lastname@example.org.
Looking ahead: The Association will continue to provide platforms for companies to collaborate in preventing and responding to the global threat the coronavirus presents to their workforces. If you would like to contribute on a future call or provide additional resources, please contact Daniel Chasen at email@example.com.