$52B in loans approved so far in 2nd phase of PPP | Survey: 80% are using video to conduct interviews | Jobless claims reached 3.84M last week; 6-week total at 30.3M
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Almost 476,000 loan applications through nearly 5,200 lenders have been processed during the second phase of the federal Paycheck Protection Program, according to the Trump administration. Banks have loaned more than $52 billion, they said.
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During this time of remote hiring, about 80% of talent acquisition teams are using video for interviews, according to an April report from Jobvite, even though over 50% are still making phone calls. When screening applicants, 61% use video, 27% use text and 8% use chatbots.
Infectious disease experts say taking employees' temperatures at work may not be a reliable method for determining whether people have COVID-19 because people with the disease can be asymptomatic. The Equal Employment Opportunity Commission says employers can conduct screenings but also should require social distancing and frequent hand-washing.
Tools are becoming available to help HR monitor the coronavirus at work, including an infection-status dashboard linked to HR information systems and tracing apps that show with whom employees come into contact. There are fewer ready-to-implement options for HR when it comes to antibody testing, and there also are security concerns related to employee health information.
"Everyone has a plan until they get punched in the mouth" is a quote attributed to Mike Tyson, and the pandemic is the ultimate example of the best-laid plans being disrupted, writes Scott Eblin. Instead of trying to stick to the plan, rethink your activities and stop doing things that are unproductive or draining, like putting every call on video or being sedentary.