PPB July 2020

by Audrey Sellers HR and Emp l oyee Recogn i t i on T he modern workplace has experienced more dramatic shifts in the first half of 2020 than ever before in history, and the changing landscape starts with business closures due to COVID-19. As of May 2020, more than 100,000 U.S. small businesses have permanently closed their doors, according to The Washington Post . The number of job losses is also staggering. USA Today reports more than 20 million jobs have been lost since mid-March. The pandemic has ravaged workplaces across the world, with almost half (40 percent) of employers shutting down certain parts of their businesses and 83 percent adjusting their business practices, according to the Society for Human Resource Management (SHRM). While millions of Americans have filed for unemployment, professionals who still have their jobs are reportedly more stressed than ever. A record-high 25 percent of American workers believe they will be laid off in the next year, according to an April 2020 Gallup poll. A Salute To Staff Employees are the heart and soul of every organization. With promotional products, businesses can support and celebrate their staff members in meaningful and memorable ways. 36 | JULY 2020 | GROW