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Podcast: Retail Today with Bob Phibbs, The Retail Doctor
Episode: How Do I Keep Paying Employees as a Retailer through the Coronavirus Shutdown? | Retail Today With Bob Phibbs, The Retail Doctor - Flash Briefing
Description: One of the things retailers are asking me now in this time of stress is “How can I pay my employees?” And one thi I would encourage to consider is the share-the-burden idea, which is maybe staggering employee shifts and hours.
So, instead of someone working 25 hours a week they work 15 hours a week, but you’re able to maintain them on the schedule. Another way is to maybe have someone be on one week or another person be on the following week or giving someone two weeks of unpaid vacation.
There’s an awful lot of m...