Category Archives: Blog

Business Recovery and the SBRA

Business Recovery and the SBRA

Key Business Recovery Considerations and the SBRA The financial impacts of COVID-19 have forced companies of all sizes to make incredibly difficult choices. This includes companies that have historically been quite successful and, by all accounts, were in solid shape coming into the crisis. Arguably the most difficult choices many are facing is how to …

Employee Engagement and Working from Home

Employee Engagement and Working from Home

Employee Engagement in a Work-from-Home Environment – 3 Key Steps As struggles persist in navigating COVID-19, many companies are wavering on plans to return workforces to their places of business. For some, transition to long-term, work-from-home operations may be smooth sailing. For others, especially those who have historically relied heavily on an “in-office” presence to …

PPP Loans: Forgiveness, Timeline, Implications, and Next Steps

Image: calculating the costs and benefits of PPP loan forgiveness

We are at a moment in time that economists, historians, journalists, psychologists, the medical profession, and politicians will be writing about and discussing for decades to come. The sudden and precipitous economic collapse was not caused by a supply and demand imbalance or financial deleveraging as in previous recessions but by an epidemic quickly turned …

COVID Business Planning: Strategic Approaches

Strategic Planning is Imperative to Managing through COVID-19 COVID-19 and the draconian, oftentimes bungled measures taken to mitigate its impact have brought unprecedented challenges to businesses; challenges that they hopefully will never have to face again. While the PPP and Main Street Lending Program have been a lifeline for many, more recent legislative advances signal …

Checklist for Business Reopening and Resumption

This post was co-authored by Teresa Foltz and Christine Roach, Senior HR Consultants for vcfo. In January, the virus that was then impacting China was barely on individuals’ radars in the US. As we too became engulfed by its impact, a massive mobilization ensued across all aspects of society. Businesses were forced to make quick …

Coping with COVID: Recruitment Procedures And Virtual Interviews

In coping with the impact of COVID-19, business owners have had to make incredibly tough decisions– perhaps none more so than when they’ve had to furlough or lay off employees. Now, as some businesses begin to stabilize and widen their eyes to the longer term, new anxieties are creeping in. For many, this includes wondering …

Coping with COVID: Employee Development Ideas in a Paused World

The impact of digital transformation on business processes, cultures, and customer experiences is compelling large organizations to have Learning and Development teams rev up their development engines with increased training budgets and online learning investments. Small and mid-sized businesses that may not have dedicated learning and development resources are also feeling the pinch. For them, …

Coping with COVID – Business Leadership and Employee Fatigue

A lot has changed since January 21, 2020, when the U.S. announced the first confirmed case of the COVID-19 virus on its soil. Like every aspect of society, business leaders and their employees continue to cope with the impacts. And as weeks turn to months with no clear sign of when normality will resume and …

Coping with COVID – Workforce Reduction Decisions

This post was co-authored by Amy Beckstead, Employment Attorney at Beckstead Terry PLLC, and Kim Flores, Vice President of Human Resources at vcfo. COVID-19 has brought unprecedented disruption and hard stops to many sectors of the US and global economies. In turn, employers are being forced to make extremely difficult decisions to support the safety …