COVID-19 has officially been declared a global pandemic by the World Health Organisation and thus countries around the world are taking drastic measures to flatten the curve of infections.
In light of this, many companies are asking employees to work for home to avoid their workforce being infected and potentially spreading the disease. This is no surprise given some of the statistics and estimates that have been released.
An analysis by KPMG estimated that 3 million Australians could be infected by COVID-19, this, according to Dr. Brendan Ryenne, KPMG chief economist, would translate to a 1.2% loss in productivity, or a loss of 30 million workdays.
Given the risk, companies who embrace digitisation and remote work are likely to reduce potential losses, as they’re able to maintain a productive workforce despite the logistical challenges.
