Workforce Planning in the COVID-19 Landscape

What Does Workforce Planning Do?

Longevity Through a Crisis

A Careful Strategy for both Hiring and Reductions

  • A re-forecasted business model or projection of the impact you think the new climate will have on you. For example, today, a company in the virtual learning or online event industry needs a very different plan than a local restaurant chain.
  • How many people in each role do you need to accomplish these re-forecasted goals?
  • What impact does that have on overall human capital expenses?
  • What is your expected time to hire?
  • What are your expected ramp or training times for new hires?
  • Will growth in your industry impact employee turnover? If so, when do you expect to need backfills?
  • Can it be achieved by reducing salaries?
  • Will some employees need to be furloughed, and for how long is that sustainable?
  • How many employees would need to be laid off?
  • What does your revenue stream need look like before you can begin paying full salary again
  • What does your revenue stream need to look like before you can bring back furloughs
  • What does your revenue stream need to look like before you can start hiring again

Anticipating an Unwieldy Economy

How ClearCompany Makes it Happen

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