According to the results of the Business Roundtable's Q2 CEO Economic Outlook Survey conducted among 136 BRT CEOs June 1 - June 22, CEOs are walking the talk as respects prioritizing employee and customer health and safety. Specifically:
- All CEOs have adopted or plan to adopt physical distancing measures at their facilities.
- Nearly all CEOs have adopted or plan to adopt routine cleaning and disinfecting, are promoting face coverings, are actively encouraging sick employees to stay home, and are protecting vulnerable employees with supportive policies and practices.
- More than two-thirds of CEOs have expanded wellness support and behavioral health services for their employees.
- 95% of CEOs have expanded flexible work arrangements within their companies.
Business Roundtable Chair (also Chair & CEO of Walmart) Doug McMillon commented:
Our battle against COVID-19 is far from over, and our top priority remains the health and safety of our employees, customers and communities we serve. We urge lawmakers at the federal, state and local levels to coordinate as much as possible to control further spread of this virus. Business Roundtable will continue working with lawmakers and public health officials to ensure all Americans, especially those most vulnerable, benefit from policies that will boost economic recovery, while prioritizing public safety.
The report indicates that while most respondent CEOs expect business conditions to recover by the end of 2021, more than one-quarter (27%) don't expect recovery until after 2021.
See this Markets Insider article, McKinsey's "How leaders can communicate during COVID-19 recovery," and additional benchmarking resources on our Coronavirus (COVID-19) Resources page under Surveys/Studies. This post first appeared in the weekly Society Alert!