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    Swiss-Based Tenthpin Launches AI-Powered Life Sciences Innovation Hub in Bengaluru.

    PHOTO CREDIT-HYATT

    Introducing a Wine-Country Wonder: The Clayfield Niagara-on-the-Lake’s new boutique hotel joins The Unbound Collection by Hyatt

    Stellantis to Unveil New Mobility Vision with Nine Concept Cars, October 12-18 at Paris Motor Show.

    Secretary, MSDE inaugurates Skills4Future (Shell India) EV & Green Skills Lab at NSTI Bengaluru

    India Calls for Secure, Affordable and Reliable Energy at the G20 Energy Abundance Ministerial Meeting in USA

    PM to inaugurate SEMICON India 2026 on 17 September in New Delhi .

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    CM DK Shivakumar Convenes Breakfast Briefing with Content Creators at Mangaluru’s Gandhi Square Cafe

    BCCI Establishes New Internal Committee Under Prevention of Sexual Harassment Policy .

    IVPA Assembles Powerhouse Agri-Business Leadership Team Amid Shifting Edible Oil Geopolitics.

    From Law Classroom to Global Stage: Manipal Law School Felicitates Kaziah Liz Mejo.

    Karnataka to Map Out Comprehensive Development Framework to Support Religious Tourism in Gangapur

    Union Minister for Education, Pralhad Joshi launches the six-month Certificate (Bridge) Course in Primary Teacher Education

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    Twenty Years of Progress on Gender Parity Now Fragile, WEF Report Finds.

    Sustainable Development Impact Meetings 2026 to Focus on Planet, Technology and Investment .

    PM Vishwakarma completes three years with 30 lakh artisans registered under the scheme .

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    Healthcare Innovation: Apollo Hospitals Pioneers India’s First Size-Adjustable Urological Stent Prototypes

    Narayana Nethralaya Hosts Prekshan 2026; Institutionalizes Best Performance Awards for Eye Collection Centers

    Manipal Hospital Kanakapura Road Sets a Broader Footprint in South Bangalore’s Healthcare Landscape with 360° Gut Care

    DKMS and Sankalp India Foundation Reach Milestone of 1,000 Lifesaving Paediatric Transplants for Thalassemia Patients.

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    Public Health as a Growth Driver: Karnataka Government Leverages GWC 2026 Platform to Scale Preventive Healthcare Standards

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    Prime Minister Narendra Modi inaugurates SEMICON India 2026

    Healthcare Innovation: Apollo Hospitals Pioneers India’s First Size-Adjustable Urological Stent Prototypes

    PM to inaugurate SEMICON India 2026 on 17 September in New Delhi .

    Signify Unveils India’s Largest Philips Smart Light Hub; Strengthens its Premium Retail Footprint

    “Industrial Collaboration and Global Partnerships Key to Accelerating India’s Space Ambitions”: ISRO Chairman Dr V. Narayanan at Bengaluru Space Expo 2026

    India’s $8.4B Space Economy Takes Center Stage as Bengaluru Space Expo 2026 Begins.

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    Coimbatore’s CoASTT Racetrack Picked for Inaugural Volkswagen Performance Track Weekend.

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    Nissan and Honda Conclude Joint Development Agreement to Standardize ECUs and Software for Next-Generation SDVs

    Tata Motors registered 49% growth YoY with total sales of 44,411 commercial vehicle units in August 2026

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    Strategic Talent Pipeline: Former Junior Captain Nikita Kumar Named in Asian Games Kabaddi Roster

    BCCI Establishes New Internal Committee Under Prevention of Sexual Harassment Policy .

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    Capri Sports’ Nova Sports Signs National Footballer Dalima Chhibber to Lead Player Pathways.

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    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

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    Healthcare Innovation: Apollo Hospitals Pioneers India’s First Size-Adjustable Urological Stent Prototypes

    Levi’s ‘Behind Every Original’ Campaign Returns with Chapter Two: Many Ways, One Original Starring Alia Bhatt.

    The ONLY Fit: ONLY India’s New Denim Collaboration with Smriti Mandhana

    Narayana Nethralaya Hosts Prekshan 2026; Institutionalizes Best Performance Awards for Eye Collection Centers

    Air India and IHG hotels & resorts announce landmark loyalty partnership .

    Living the dream: Inside the delivery of Air India’s latest line-fit Boeing 787-9, VT-AWD

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  • World

    Swiss-Based Tenthpin Launches AI-Powered Life Sciences Innovation Hub in Bengaluru.

    PHOTO CREDIT-HYATT

    Introducing a Wine-Country Wonder: The Clayfield Niagara-on-the-Lake’s new boutique hotel joins The Unbound Collection by Hyatt

    Stellantis to Unveil New Mobility Vision with Nine Concept Cars, October 12-18 at Paris Motor Show.

    Secretary, MSDE inaugurates Skills4Future (Shell India) EV & Green Skills Lab at NSTI Bengaluru

    India Calls for Secure, Affordable and Reliable Energy at the G20 Energy Abundance Ministerial Meeting in USA

    PM to inaugurate SEMICON India 2026 on 17 September in New Delhi .

  • National
    • All
    • Economy & Politics
    • Election

    CM DK Shivakumar Convenes Breakfast Briefing with Content Creators at Mangaluru’s Gandhi Square Cafe

    BCCI Establishes New Internal Committee Under Prevention of Sexual Harassment Policy .

    IVPA Assembles Powerhouse Agri-Business Leadership Team Amid Shifting Edible Oil Geopolitics.

    From Law Classroom to Global Stage: Manipal Law School Felicitates Kaziah Liz Mejo.

    Karnataka to Map Out Comprehensive Development Framework to Support Religious Tourism in Gangapur

    Union Minister for Education, Pralhad Joshi launches the six-month Certificate (Bridge) Course in Primary Teacher Education

  • Business

    Twenty Years of Progress on Gender Parity Now Fragile, WEF Report Finds.

    Sustainable Development Impact Meetings 2026 to Focus on Planet, Technology and Investment .

    PM Vishwakarma completes three years with 30 lakh artisans registered under the scheme .

  • Health

    Healthcare Innovation: Apollo Hospitals Pioneers India’s First Size-Adjustable Urological Stent Prototypes

    Narayana Nethralaya Hosts Prekshan 2026; Institutionalizes Best Performance Awards for Eye Collection Centers

    Manipal Hospital Kanakapura Road Sets a Broader Footprint in South Bangalore’s Healthcare Landscape with 360° Gut Care

    DKMS and Sankalp India Foundation Reach Milestone of 1,000 Lifesaving Paediatric Transplants for Thalassemia Patients.

    Narayana Health City Anchors Asia’s Highest Volume of Paediatric Haploidentical Transplants

    Public Health as a Growth Driver: Karnataka Government Leverages GWC 2026 Platform to Scale Preventive Healthcare Standards

  • Technology
    • All
    • Environment
    • Science

    Prime Minister Narendra Modi inaugurates SEMICON India 2026

    Healthcare Innovation: Apollo Hospitals Pioneers India’s First Size-Adjustable Urological Stent Prototypes

    PM to inaugurate SEMICON India 2026 on 17 September in New Delhi .

    Signify Unveils India’s Largest Philips Smart Light Hub; Strengthens its Premium Retail Footprint

    “Industrial Collaboration and Global Partnerships Key to Accelerating India’s Space Ambitions”: ISRO Chairman Dr V. Narayanan at Bengaluru Space Expo 2026

    India’s $8.4B Space Economy Takes Center Stage as Bengaluru Space Expo 2026 Begins.

  • Auto

    Coimbatore’s CoASTT Racetrack Picked for Inaugural Volkswagen Performance Track Weekend.

    VECV Venture: Volvo Buses India Bags Record-Breaking Single Order for 150 Luxury Coaches from VTPL

    Nissan and Honda Conclude Joint Development Agreement to Standardize ECUs and Software for Next-Generation SDVs

    Tata Motors registered 49% growth YoY with total sales of 44,411 commercial vehicle units in August 2026

  • Sports

    Strategic Talent Pipeline: Former Junior Captain Nikita Kumar Named in Asian Games Kabaddi Roster

    BCCI Establishes New Internal Committee Under Prevention of Sexual Harassment Policy .

    Bengaluru Stallions GC Set to Host December Leg of India’s First Franchise Golf League at KGA

    Capri Sports’ Nova Sports Signs National Footballer Dalima Chhibber to Lead Player Pathways.

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

  • Lifestyle
    • All
    • Food
    • Travel

    Healthcare Innovation: Apollo Hospitals Pioneers India’s First Size-Adjustable Urological Stent Prototypes

    Levi’s ‘Behind Every Original’ Campaign Returns with Chapter Two: Many Ways, One Original Starring Alia Bhatt.

    The ONLY Fit: ONLY India’s New Denim Collaboration with Smriti Mandhana

    Narayana Nethralaya Hosts Prekshan 2026; Institutionalizes Best Performance Awards for Eye Collection Centers

    Air India and IHG hotels & resorts announce landmark loyalty partnership .

    Living the dream: Inside the delivery of Air India’s latest line-fit Boeing 787-9, VT-AWD

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If Governments Can, Why Can’t Private Business Organizations Cut or Defer Salaries, Questioned 72 Percent Countrywide CEOs Surveyed

by FWM
May 6, 2020
in Business
0

Hyderabad, India:

Work From Home works. By and large, it was successful: reveals Husys Consulting Pulse Survey on the “Impact of COVID-19 on People and Industries”
Business owners want government to pay employees PF and ESI for 3 months. They also want Rebate in Taxes
​The Work From Home (WFH), implemented by IT & ITEs, Manufacturing and Capital Intensive and Allied Industries and Modern and Online Retail industries, by and large, has been successful. 58 percent of the companies surveyed implemented 100%, some could implement to the extent of 70 percent and very few less than 50 percent.
Lockdown impacted especially the Startups, SME’s in India with an impact of 60% to 90% for 350 Companies on day 1 and for significant 110 Companies more than 500 people, the pandemic affected 100%.
72% of CEOs surveyed felt that it was not appropriate to give paid leaves to employees during the lockdown as advised by the government. Only 28% felt it was appropriate. Further, they questioned the double standard of the governments. When governments can slash or defer salaries their employees, why can’t private business houses are allowed. When governments can do this, why can’t we, they wanted to know.

During the survey, the Business Owners came up with top five suggestions to the Government, which include as follows.

  1. Government should pay employees PF and ESI for the month of March, April and May
  2. To provide support to the industries by providing Rebate in taxes, reduce interest percentage, provide employees welfare activities, make sure utilities are available at controlled cost.
  3. Government should pay 50% of Employee cost for MSME with turnover less than 50cr for shutdown period and 25% for a period of 3 to 6 months beyond shutdown till business conditions improve
  4. Deposit of Rs 15 lakhs to each family as promised by PM earlier or some of amount to combat next 6 months. Smaller companies need access to easy loans from banks and NBFCs to rebuild their businesses
  5. Release some Unemployment Allowance especially those who are jobless and who were earning less than Rs. 15,000/- per month
 These and more interesting observations found in a survey “Impact of COVID-19 on People and Industries” conducted during the March 29th to April 29th by a Hyderabad based Husys Consulting Limited, an HR Function Management Company, headquartered in Hyderabad. Husys conducted a quick Pulse Survey to know the impact of COVID-19 Pandemic on People due to Business Disruption.
The survey by Hyderabad based Husys Consulting Limited, India’s first listed HR Company on the NSE Emerge SME platform (Ticker: HUSYSLTD). It covered 500 plus companies across India and across cross-section of industries such as –
  • IT & ITES Product &Services: 45%
  • Manufacturing & Capital Intensive and Allied Industries: 40%
  • Modern Retail/Online & Other Businesses: 15%
ADVERTISEMENT
Tags: COVID-19.Husys Consulting Limited

FWM

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