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More than two thirds of CFOs responding to a PCW COVID-19 Pulse Survey expect changes to workplace safety measure and requirements. That was the opinion of 77 percent of 305 finance leaders participating in a recent survey.

 Sixty-five percent expect to reconfigure worksites to promote physical distancing. In the only other choice made by more than half of respondents, changing shifts and/or alternating crews to reduce exposure was expected by 52 percent of the CFOs

Twenty-two percent say they will evaluate new tools to support workforce location tracking and contact tracing while 10 percent say that will provide hazard pay for on-site workers in affected areas. Finally, 9 percent expect to offer targeted benefits for on-site workers in affected areas.

PWC said the level of concern about the crisis’ impact is high, but stabilizing. Two weeks ago, 74 percent of respondents said COVID-19 has the potential for “significant impact” to their business operations while that number was 72 percent in the latest survey.

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
Last modified on Friday, 01 May 2020
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