The impact of COVID-19 on human resource management and the way forward
Operating the businesses today while facing the global pandemic of COVID-19 is quite challenging. COVID-19 pandemic is an unprecedented health crisis that has strongly shaken the whole world have experienced a major impact on their economies and societies due to the pandemic. The pandemic has also affected the day-to-day lives of the general public. Thus, people’s income level is going down, inflation is going up and loosing job ratio is also going up. Meantime, a number of discussions are taking place, concerning the impact of COVID-19 and implications for workplaces, working practices and Human Resource Management (HRM). Figure 01 Due to the cash flows issues and without having sufficient demand and profit in the business, it is difficult to look after a company’s staff. It has been identified that some...