The novel coronavirus has prompted vast and sudden changes in the way we do business. Companies have responded to the crisis by supporting their employees now working from home in unprecedented ways, such as paid parental leave for people who must now homeschool their children.
Businesses are also redirecting their resources to help combat the virus. Apparel companies are making non-medical masks and some manufacturers are attempting to reconfigure their equipment to produce ventilators. The companies that continue to be effective during the pandemic are putting employees first. They are getting creative with their resource allocation and collaborating with others.
This shift has redirected businesses’ focus to their employees’ welfare and their responsibility to humanity as a whole. This increasing respect for workers, many of whom are not well-paid, may affect long-term, positive changes for minimum wage, healthcare and human resource policies.