Quote of the day:
, assesses how well the 100 largest employers among U.S. public companies mobilized to meet the challenges of the coronavirus.s the pandemic swept through the nation, America’s businesses had to reevaluate their approach to everything from their employees and customers to the greater community. Many shut offices and shifted work online; others overhauled sick leave and dependent care policies; some increased pay or gave bonuses.
• Launched a Covid-19-specific leave-of-absence policy that provides 100% of pay for up to eight weeks, reduced to 60% of pay for up to 16 weeks. • Teamed up with several companies in April to donate some 40,000 phone chargers to hospitals nationwide. • Added 240 hours of paid time off for full-time hourly employees age 65 and older or determined by the CDC to be high-risk.
• Increased wages for all hourly employees by $1.50 and vowed no layoffs or furloughs through at least June 19. • Paid workers for a full-time schedule even if their hours were reduced; raised overtime pay for call-center employees to twice the normal hourly rate.
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