{"id":787667,"date":"2020-05-22T11:53:06","date_gmt":"2020-05-22T08:53:06","guid":{"rendered":""},"modified":"2024-01-31T22:30:03","modified_gmt":"2024-01-31T20:30:03","slug":"60-kompanij-znadobytsya-do-odnogo-roku-na-vidnovlennya-pislya-karantynu","status":"publish","type":"post","link":"https:\/\/new.eba.com.ua\/en\/60-kompanij-znadobytsya-do-odnogo-roku-na-vidnovlennya-pislya-karantynu\/","title":{"rendered":"60% of companies will need up to one year to recover from lockdown"},"content":{"rendered":"

Today, 22 March, begins the second stage of easing the restrictive measures against the spread of coronavirus in Ukraine. Thus, the country is gradually returning to normal life, and companies will be able to resume their work. Therefore, we have made a survey among entrepreneurs to learn about the pace of resuming business operations, financial consequences of lockdown, and necessary terms to reach the pre-lockdown level of business development.<\/span><\/p>\n

Thus, most of the surveyed companies are ready to resume their offline work or return to the office in the near future –\u00a0<\/span>35%<\/span><\/strong>\u00a0in May and\u00a0<\/span>34%<\/span><\/strong>\u00a0in June. In addition,\u00a0<\/span>16%<\/span><\/strong>\u00a0of respondents said that they had already resumed work or did not suspend it at all for the lockdown period due to the specifics of the company. Another\u00a0<\/span>15%<\/span><\/strong>\u00a0do not plan to return to the office or have not yet decided on a final date.<\/span><\/p>\n

Regarding the work in the office,\u00a0<\/span>42%\u00a0<\/span><\/strong>plan to implement a flexible or shift work schedule, another\u00a0<\/span>13%<\/span><\/strong>\u00a0will recommend their employees to continue working from home.\u00a0<\/span>20%<\/span><\/strong>\u00a0of companies are preparing for a gradual resumption of work, starting with 25% of employees in the office with a possible increase to 50%. Another\u00a0<\/span>17%<\/span><\/strong>\u00a0of companies are ready to have 50% of employees working in the office from the first weeks with a possible increase to 75%.<\/span><\/p>\n

Based on the experience of the last few months,\u00a0<\/span>62%<\/span><\/strong>\u00a0of directors reported that they are considering a full or partial switch to remote work mode on a permanent basis. Most are willing to allow up to 50% of the staff to work remotely.<\/span><\/p>\n

Most companies, namely\u00a0<\/span>62%,<\/span><\/strong>\u00a0managed to keep the salaries of employees at the same level. Wage cuts affected\u00a0<\/span>23%<\/span><\/strong>\u00a0of companies, while\u00a0<\/span>7%\u00a0<\/span><\/strong>increased wages for some categories of employees. In another\u00a0<\/span>3%<\/span><\/strong>\u00a0of cases, some categories of employees went on unpaid leave.<\/span><\/p>\n

Also,\u00a0<\/span>82%<\/span><\/strong>\u00a0of businesses managed to keep the company’s staff unchanged, and\u00a0<\/span>8%<\/span><\/strong>\u00a0are even looking for new employees now. Accordingly,\u00a0<\/span>11%<\/span><\/strong>\u00a0of companies were forced to reduce their staff.<\/span><\/p>\n

Most businesses report losses when asked about the financial results of the two-month lockdown. Thus,\u00a0<\/span>36%<\/span><\/strong>\u00a0of respondents incurred up to 20% of income losses, another\u00a0<\/span>28%<\/span><\/strong>\u00a0– at the level of 20-50%, and\u00a0<\/span>18%<\/span><\/strong>\u00a0– 50-75% of income losses. Only\u00a0<\/span>11%<\/span><\/strong>\u00a0reported no change, and\u00a0<\/span>3%<\/span><\/strong>\u00a0were able to increase their income to 20%.<\/span><\/p>\n

Entrepreneurs consider that currently, they need the following top support measures for their businesses:<\/span><\/p>\n

\u2022 Reducing the tax burden on the wage fund;<\/span><\/p>\n

\u2022 Introducing assistance payment for employees at the expense of the Social Insurance Fund from the 1st day of the employee’s sickness;<\/span><\/p>\n

\u2022 Abolishing fines for violating tax legislation by the end of the year.\u00a0<\/span><\/p>\n

It will take six months for\u00a0<\/span>20%<\/span><\/strong>\u00a0of companies, and about one year for\u00a0<\/span>39%<\/span><\/strong>\u00a0to reach the pre-lockdown level of development. Another\u00a0<\/span>17%<\/span><\/strong>\u00a0will need two years, and\u00a0<\/span>7%<\/span><\/strong>\u00a0– more than two years. Another\u00a0<\/span>10%<\/span><\/strong>\u00a0cannot predict the time required for recovery, and\u00a0<\/span>4%<\/span><\/strong>\u00a0have not lost the pace of development during the lockdown.<\/span><\/p>\n\t

\n\n\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\n\t\t\t\t\t\t\tAnna Derevyanko<\/span>\n\t\t\t\n\t\t\t\t\t\t\tEBA Executive Director<\/span>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t
\n\t\t\t\tObviously, over the next one or two years, we will have to deal with the consequences of this forced shutdown, therefore we need to work in an intensified mode now. We will hope that the epidemiological situation will be favorable, and companies will be able to enter the recovery phase without another lockdown scenario.\n\t\t\t<\/blockquote>\n\t\t\t\t\n\t<\/div>\n\n

\u00a0<\/span><\/p>\n

The study was conducted from 12 to 21 May 2020. Altogether 105 participants – heads of EBA member companies took part in the survey.<\/span><\/em><\/p>\n

\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Today, 22 March, begins the second stage of easing the restrictive measures against the spread of coronavirus in Ukraine. Thus, the country is gradually returning to normal life, and companies will be able to resume their work. Therefore, we have made a survey among entrepreneurs to learn about the pace of resuming business operations, financial […]<\/p>\n","protected":false},"author":23406,"featured_media":267503,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[15563,15571,15590],"tags":[],"class_list":["post-787667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main-news-en","category-press-releases-en","category-research-and-analysis-en"],"_links":{"self":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/787667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/users\/23406"}],"replies":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/comments?post=787667"}],"version-history":[{"count":0,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/787667\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media\/267503"}],"wp:attachment":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media?parent=787667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/categories?post=787667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/tags?post=787667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}