covid19 Archives - Page 3 of 10

The road out of lockdown

Posted on February 23, 2021 | by admin

Yesterday the English government formally announced it’s 4 steps out of lockdown and all social distancing restrictions. The welsh and scottish governments will follow a largely similar timescale.

The good news is that there is FINALLY an end in sight to the restrictions on trade and movement. However, COVID-19 is now with us permanently, and the government is preparing its long-term plans for ongoing treatment – just like it does for flu each year. The government has already announced a revaccination programme to run in autumn or winter 2021.

This email goes through the key lifting of restrictions. However economic support for businesses adversely affected by restrictions on trade will not be announced until the budget on 3rd March.

The 4 tests

Before lifting any restrictions, the government will apply 4 tests:

The vaccine deployment programme continues successfully.
Evidence shows vaccines are sufficiently effective in reducing hospitalisations and deaths in those vaccinated.
Infection rates do not risk a surge in hospitalisations which would put unsustainable pressure on the NHS.
Our assessment of the risks is not fundamentally changed by new Variants of Concern.

The stages out of lockdown

8th March: Step 1A

On the 8th March, schools and colleges will reopen. Up to 30 people will be allowed to attend a funeral and up to 6 for a wedding or a wake. People are allowed to leave their homes for recreation as well as exercise outdoors. But otherwise, the same restrictions are in place to what we have now. Schools are allowed after school sporting activity.

29th March: Step 1B

At the earliest, on the 29th March, 2 households or up to 6 people will be allowed to mix outdoors. Parent and child groups, with up to 15 parents, will also be allowed to meet outside. No household mixing indoors will be allowed. But outdoor sport and leisure facilities will be allowed to open, which also means organised outdoor sport for children and adults will be allowed. At this stage the government is still advising to minimise travel and there is still a ban in place on holidays.

12th April: Step 2

No earlier than the 12th April, we will be allowed to stay overnight outside our own home. But more importantly, non-essential retail, hairdressers/salons/close contact services, outdoor hospitality, plus self-contained holiday accommodation and outdoor attractions will be able to open. At this point, weddings, wakes and receptions can increase to 15 people. Event pilots will begin. There is still a ban on international travel for holidays. Whilst pubs and restaurants will be able to open for outdoor service (no curfew or requirement for a substantial meal to be served with alcohol), patrons will still be expected to order, eat and drink whilst seated.

17th May: Step 3

No earlier than the 17th May, all accommodation can open and international travel is planned to reopen. People can stay away overnight and there is a 30 person limit outdoors, with a rule of 6 or two households indoors. Organised indoor adult sport and indoor entertainment and attractions restart. 30 people can now attend weddings, wakes and funerals. Outdoor large events, with severely limited capacity can now restart.

21st June: Step 4

No earlier than 21st June, the government is hoping to remove all legal restrictions on social contact. So nightclubs can reopen, large events and gatherings can take place.

Economic support available to businesses

At the moment details are at best ‘hazy’. And the government has promised full details of the support available in the budget on 3rd March. However click here to see what we know so far.

Lockdown 3.0 – A covid business update

Posted on February 19, 2021 | by admin

Lockdown 3.0 has felt like an eternity. However, there is a light at the end of the tunnel with the vaccinations being rolled out. Hopefully everyone will have some more clarity when the Prime Minister announces his road map to normality on Monday the 22nd of Feb.

Many businesses have taken on the Government support schemes throughout the pandemic and some of these are scheduled to end soon. However, there is support to help your business get back to normal and avoid getting into debt.

Did you defer your VAT between 20th March and 30th June 2020?

If you deferred your VAT payment for any returns between the 20th of March 2020 to 30th of June 2020 the payment deadline is the 31st of March 2021.This additional outgoing can be scary for businesses. However, HMRC will allow you to pay it back interest free over 12 months. To do this you MUST:

Register with HMRC between the 23rd of Feb and 21st of June 2021
Have access to your own Government gateway.

Unfortunately this is not something we can do for our client, however we can certainly help anyone through the process.

For more information please follow this link – https://www.gov.uk/guidance/deferral-of-vat-payments-due-to-coronavirus-covid-19

Bounce Back Loans (BBL)

If your business needs cash, and you haven’t yet taken a bounce back loan, this is is your opportunity. The government guarantees 100% of the loan and there won’t be any fees or interest to pay for the first 12 months. After 12 months the interest rate will be 2.5% a year. This scheme is open until the 31st of March.

If you have already taken a bounce back loan the government is now offering a new ‘pay as you grow’ scheme. They are offering flexible terms for up to 10 years to help you repay the bounce back loan.

Take a look at the details by following this link – https://www.gov.uk/government/news/chancellor-eases-burden-on-more-than-a-million-businesses-through-pay-as-you-grow-flexible-repayment-options

There is also an option to pay back your bounce back loan by taking on a Coronavirus Business Interruption loan. This would then give you another 12 months before having to make a payment. However this should only be an option if your business can afford it!

Job Retention Scheme (JRS)

The job retention scheme is scheduled to cease in April. Have you considered the effect this might have on your business?

Many businesses have been using the furlough scheme to stabilise their businesses, however with it coming to an end, some big decisions might need to be made.

A cash flow forecast will help your business gain clarity to see where you are at and where you are going.

How to combat Zoom Fatigue!

Posted on February 12, 2021 | by admin

Out of all the ‘new things’ that the Coronavirus pandemic has brought about (social distancing, lockdowns, and global remote working to name but a few), Zoom Fatigue has to be among one of the most frustrating effects. If you’re finding video calls exhausting and you’re barely managing to finish your day, you may be experiencing Zoom Fatigue. Here is what it is and how to overcome it.

What is Zoom Fatigue?

In short: ‘exhaustion caused by constant video calls.’ Although it’s not really an official diagnosis, psychologists have said that Zoom Fatigue is a real condition and that it is becoming increasingly prevalent in the era of remote working.

Why does it happen?

So what is it about video calls (whether on Zoom, Google or Skype etc) that makes us so tired?

Like most conditions, it comes down to a combination of factors:

Video calls require more mental processing than face-to-face interactions.
They force us to focus more intently on conversations in order to absorb information.
Our brains have to work harder to process many of the non-verbal cues that we rely on in-person (body language, tone etc).
Millisecond delays in audio can negatively affect our interpersonal perceptions.
Staring at a screen and trying to hold direct eye-contact for minutes at a time without any visual or mental break is tiring.
Seeing our own reflection makes us hyper-aware of our appearance and body language.
Many people use this time to multitask or they get distracted by other tabs on their screen.
Many of us are under additional stresses due to the pandemic (e.g. financial, health and/or family pressures) so we are already operating on our energy reserves.

How can I overcome it?

While you may be working from home and are having to participate in a lot of video calls (and there’s no avoiding this), there are a few things that you can do so that they aren’t as taxing. Here are a few things that you can try:

Stop multitasking – trying to do something else at the same time as a video call (like checking your email) will only increase your fatigue, so avoid multitasking!
Take breaks – you need screen-free time during the day so make sure to take breaks between meetings. If you can get outside, even better.
Reduce on-screen stimuli – hide ‘self-view’ so that you’re not distracted by yourself on camera. Also close all other tabs, social media sites and your inbox.
Make meetings shorter – if you really have to have a meeting, it doesn’t always have to be a long one. Try scheduling shorter time slots and make 30 minutes the default.
Switch to phone calls or email – be honest with the person and say that you need a break from video calls, so would they mind a phone call instead. You might find they need the break too.
Make virtual social events opt-in – while you may be organising virtual social events to bring your virtual team closer, always make them opt-in so that people who want to join can, but they are not obligated to.
Set your own boundaries – start saying no to video calls that aren’t valuable. If someone wants a video call with you, give them other options to choose from.
Schedule in ‘no meeting’ time blocks – your calendar can easily become overwhelmed with video calls, so block out some screen-free time to prevent this.
Use technology to your advantage – we have so many ways to communicate, can you use What’s App or Loom to send a recorded/audio message instead of having a meeting?
Practice mindfulness – breathing exercises, yoga or meditation can help you re-energise a little. Take a break throughout the day to find what works for you.

Don’t overexert yourself

Video calls can be really draining so don’t let them take over your day. Start by setting your own boundaries, prioritising yourself and how you wish to communicate, and schedule in screen-free time to recharge.

Everyone is trying to work at their best from home during such a difficult time, so if this means postponing a few video calls for your health, then do it!

10 ways to improve your business cash flow

Posted on January 29, 2021 | by admin

For a business to grow sustainably (and to successfully make it through the financial bumps in the road), cash flow needs to be a priority. And not just when times are tough and cash is tight. Making sure that you’re maintaining an optimal level of cash on hand at all times; this is essential to success.

So how do you do this? To improve your cash flow in the immediate but also for the long-term, here are 10 essentials.

Know your break-even figure

You need to know what number you need to reach each month to cover all of your outgoings. Once you know this, you can make better spending decisions and keep your cash flow at its optimal level.

Create a budget and stick to it

While profit is important, you also need to focus on spending. Create a budget to ensure that you’re making more on each sale than you’re spending – this can help you be more mindful about where your money is going and it can help you make impactful changes.

Build a cash reserve

Set aside any excess money you make every month into a business savings account. Financial experts recommend keeping 3-6 months’ operating expenses in a cash reserve, but you can decide how much you want to keep available.

Automate your bookkeeping

Using software such as Xero and QuickBooks can help you improve your cash flow. You can send out invoices immediately, get your clients to pay via Direct Debit, reconcile payments easily, and generate reports with a click of a button.

Offer discounts for early payments

If you have certain clients who pay late and miss payments, offer them a 2-5% discount if they pay early. Not only does this incentivise them to pay, but it also ensures that you don’t suffer from dips in your cash flow too. Win-win.

Negotiate extended payment deadlines with vendors

It’s good to set up extended payment deadlines in the event that you can’t pay what you owe vendors right away. For example, you could negotiate a 60-day turnaround for all payments or include a clause in the agreement that allows later payments a certain number of times in the year. While it may not be needed, it is good to be prepared in case you ever need to use this option.

Consider financing (when it makes sense)

Your focus should be building up a cash reserve for emergency situations like the Coronavirus crisis. This means that, in a situation where you have unexpected expenses or you need a large sum, you should consider short- or long-term financing options instead.

Consider leasing supplies, equipment, and real estate instead of buying

While leasing may end up being more expensive than buying in the long run, choosing to lease supplies, equipment, and real estate for a certain amount of time will help you to maintain a steady cash stream for day-to-day operations.

Seek advice from an accountant

The best way to improve your cash flow is to seek expert advice. Whether it’s getting an accountant to advise you on spending and saving or hiring them to completely manage your financial matters, they will help you make the right financial decisions. After all, you have to spend money to make money!

Improve your inventory

What is your inventory turnover? Surprisingly, there could be a lot of cash tied up in your inventory so check your inventory regularly. Are you buying too much? If so, sell it at a discount and start buying less of it. This is something that your accountant can help you figure out.

While it’s obviously very important to improve your cash flow right now (thanks Coronavirus), it is also essential for your business to have a healthy cash flow all year round. Keeping a robust cash flow takes vigilance, but it will help protect your business during turbulent times, not to mention, it will also help you sleep soundly.

How to pivot your business so that you stay in business

Posted on January 22, 2021 | by admin

As we keep plunging deeper into a global recession, it can be tempting to panic and dither with decisions, but that’s not going to help. In fact, it’s the businesses which move quickly that will survive and thrive during this time.

So how can you be one of those businesses? One that actually grows during a recession?

In short, you have to adapt (and make quick decisions!). Here is how to pivot your business to make sure you stay in business.

A 7-step guide to pivot your business

Get into the right mindset for decision-making

You won’t make good decisions for the future of your business if you are in a scared, stressed or anxious state. Take time out, prioritise self-care and deep thinking time, and you’ll make far more creative decisions for it.

Think about what you can change for the good

You may need to adapt your business to survive, so think about what you can change to become relevant. Can you change your product or service? Can you change your intended marketplace for your product or service? Can you change how you deliver your product or service?

Do your research

The answers are out there, so do your research. Ask and listen to your clients – what are they telling you they need? From your own experience, what is your business or friends and family wanting or needing to buy and why? How are habits and hobbies changing as people stay home more? What is social media telling you that people are doing or thinking about?

Conduct a STEEPLED analysis to look ahead

Try to think about what this ‘new normal’ will look like. Use the STEEPLED analysis and think about what each factor will mean for you and your business (e.g. follow each example with a ‘so what’ for your business):

S – Social – e.g. more people are staying/working at home.

T – Technology – e.g. more older generations are adopting technology to stay in touch.

E – Environment – e.g. people can see it recovering.

E – Ethics – e.g. can’t be seen to be profiteering.

P – Political – e.g. will this change Brexit, Tory government etc?

L – Legal and regulatory – e.g. how will rules, protocols change?

E – Economic – e.g. what happens with a recession?

D – Demographic – e.g. higher than the average death rate.

Evaluate your potential options

Once you have done your research about the current market and you’re in the right mindset to adapt your business, you now need to evaluate your options. For each option, think about:

How connected is it to your ‘why’ or ‘purpose?’
How easy is it to implement?
What will change or stay the same?
If you chose to move forward with this, what would you and your business have to do?

Conduct a risk analysis

Once you have chosen what option you are pursuing, conduct a risk analysis:

Consider some ‘what if’ scenarios – e.g. what if schools close again and people have to work and provide childcare?
Review your risks – e.g. operational, reputational, project delivery, political, environmental, financial etc.
Rank these risks – are they high, medium or low risk?
Review their impact – what would be the impact on the business if this risk happened?
Outline your red lines – which risks can you accept or avoid? Which risks need to be managed?

Put together your business plan

Last but not least, if you’re going to pivot your business towards success, you need to have a plan. So what is your “to-be?” What are your new goals and achievements? Once you have these, you need to outline:

How you will measure your progress.
How much investment you will need.
Who you will need to support you with this.
Who in your current circle of people is critical or now not needed.
Your first steps to making this happen.

Don’t wait any longer, act now.

You need to decide now, what you want to happen with your business. The longer you leave it to make a decision with what to do with your business, the more chance you won’t have a business going forward.

As we said previously, it’s the businesses who make good and quick decisions who will survive and even grow during the recession. Be one of those.

How can I increase my profit margin?

Posted on January 15, 2021 | by admin

As author Dough Hall correctly put it, “if your profit margins aren’t rising, chances are your company isn’t thriving.” Makes sense when you think about it. If your profit margin is the actual money you get to walk away with after a transaction (your revenue minus your costs), you want to be continually improving this number.

To help you increase your profit margin, especially at a time where you’re unable to increase demand, here are 10 strategies that you can start with.

Raise your fees

This is the most obvious way to increase your profit margin as the more money you make on each sale, the wider your margin. If you haven’t raised your prices in a while, consider doing so.

Reduce operating expenses

Think about how you can streamline your operations to reduce costs. Can you lower your overheads by reducing wasteful spending? Would you benefit from automating administrative tasks?

Upsell services to existing clients

Your clients already know and trust you, so they are going to be significantly more receptive to other offers that you have. Upsell your other services that they could benefit from and you’ll see this is a great way to improve your profit margin.

Increase the productivity of your staff

Increasing the output of your staff is a great strategy to increase your profits. From setting the right targets and motivating them to training your staff and helping them develop the right skills, you can do a lot to boost their performance.

Identify and fix bottlenecks

In which areas are processes too slow? In what areas is there waste in your business? Bottlenecks cost you money and decrease your bottom line so comb through your processes and see what needs to be improved. Examples of waste are not utilising talent, waiting for work from others, and poor communication channels.

Invest in savvier practice management software

While cloud-based systems and software cost initially, they can save a lot of time and money when it comes to those administrative and manual tasks. If you train the right staff on the right software, things like client enquiries, relationship management, email management, invoicing, and social media scheduling become a lot less painful.

Improve inventory turnover

Markdowns are known profit-killers, so avoid them at all costs. One way to do this is to better manage areas like inventory. Review your inventory turnover and make better decisions around purchasing, sales and marketing, and you’ll reduce the need for markdowns.

Increase the perceived value of your brand

You need a strong brand, one that centres around the emotional and lifestyle values of your target audience. If you have a brand that connects with your audience and you position yourself as the go-to-expert, you can charge a premium for your services.

Improve your bottom line

You don’t have to make drastic changes to increase your profit margin and it’s not all down to increasing your demand either.

The best way to continuously improve this number is to make effective tweaks to your business over time. They may seem like small changes in the moment, but these all build up and pave the way for wider profit margins!

How to prepare your virtual teams for the long haul

Posted on January 8, 2021 | by admin

The pandemic may have forced hundreds of businesses to convert from co-located teams to 100% virtual teams in a matter of days, but that was just temporary, right? That’s what many of us thought. For a while there, it was just about getting through the next couple of weeks and then months, but now, another lockdown is here and it’s time to face reality. It looks like working as a virtual team is for the foreseeable future, and again, we are without a playbook for when things will return to normal.

So how do we do it? How do we accept the new reality and start preparing our virtual teams for the long haul?

Step 1: Identify the most critical team problems

At first many people were working remotely for the first time, and in a time of crisis. Most businesses focussed on “making do” until they could return to normal, but to prepare for the long haul, you need to review any issues you have and identify necessary changes.

What poses immediate, serious threats to team survival? Are the team’s objectives still relevant or at odds with reality? Is your team culture and cohesion as strong as it should be? Are team members struggling due to a lack of psychological safety?

Step 2: Address these issues

To ensure that your team members are working as productively as they do in the office and in line with the current reality, you need to immediately address the issues that you identify in step 1.

For example, if the biggest issue is that your team’s objectives or work are no longer relevant to the current reality, re-prioritise their work to something that matches the new overall goal of the business. If it’s cohesion that’s a problem, try mixing personal chat threads with business ones and run a quarterly non-work-related workshop where everyone can bond on a deeper level.

Step 3: Focus on long-term care

Step 3 is the most important step in preparing your virtual team for the long haul, as without it, issues will just arise again as people start to struggle. As we said previously, people are trying to work through this crisis so you need to focus on their long term care. You need to be thinking about how you can keep them healthy and avoid these relapses.

A few ways that you can switch on your long-term care mode is to:

Always give clear and concise goals and work briefs.
Help team members know their role within the team and how this relates to the overall business goal.
Foster psychological safety.
Hold regular one-on-ones with team members to make sure they are healthy and to prevent burning them out.
Communicate as much as possible and make sure that each individual knows what is expected of them.

Think ongoing attention and preventative care

To prepare your virtual teams for the long haul, you need to regularly check-in on the health of your team members. If you do this, then you can identify any issues or symptoms of a struggle early; both of which will help you to give them the attention and care that they need to prevent these from escalating into bigger issues down the line.

It really is that simple: identify issues, address these issues, and make a routine to provide the support needed to prevent these issues from arising again.

Another Lockdown

Posted on January 5, 2021 | by admin

Yesterday the Scottish and English governments announced national lockdowns with schools being closed. The net result being all of England and Scotland must stay at home except for a handful of permitted reasons. Wales has already been on a lockdown since mid December.

If you had been looking at the daily cases of COVID-19 it was becoming increasingly obvious that the current restrictions were just not working. This email sets out what you need to know from yesterday’s announcements. To read the English government announcement click here.

The Stay At Home Order

People cannot leave their homes apart from for essential medical needs, food shopping, exercise and work for those who cannot do so from home. If you do leave your home for a permitted reason, you should stay local. They are saying that exercise should only be once per day. Unlike March’s Stay At Home order this seems a little less restrictive as children’s parks can still remain open.

Help for businesses

Help has been announced today for retail, hospitality and leisure businesses. This has only been announced today so please click here to find out more. And the furlough and self-employed grant schemes are still running across Jan to April 2021.

What has to remain closed until February

All schools, colleges and university. Learning will move online. But schools will remain open for key workers and vulnerable children.
Outdoor sports venues such as tennis, golf and outdoor gyms
Non-essential retail – but can still operate a ‘click and collect’ service.
Amateur Team Sports
Entertainment venues
Restaurants, pubs and hotels – but can offer a takeaway service
Beauty and hair salons

What about nurseries?

In England these can stay open, but in Scotland and Skye they will close.

What is defined as essential retail? Here are a few of the main categories, but the full list can be found here

Food shops, supermarkets
Banks, building societies, post offices
Medical, dental and veterinary services
Agricultural supplies
Repair services
Fuel stations

Any other key changes?

Restaurants and pubs can still offer takeaway food but can no longer offer takeaway alcohol.

The government is pinning all its hopes on getting the first dose of the vaccine out to the top 4 priority categories by mid-February. With a view that when this has happened restrictions can be slowly lifted as the most vulnerable in our society will be protected.

What does this mean for you and your business?

Find out whether these lockdown announcements mean you can trade for the next 6-7 weeks
Review your resourcing requirements but also how many of your staff will now have childcare duties
Rethink your business plan, cash flow plan and also revisit your contingency plans

Reopening your business safely: the ultimate checklist

Posted on December 7, 2020 | by admin

We may not know when things will be going back to normal, even now that a Covid vaccine is on the horizon, but we can plan ahead for when the time comes to reopen our businesses.

This is called scenario planning – also known as ‘hoping for the best but planning for the worst’ – and it’s very valuable. Not only does it make you feel better in the short term, but it also allows you to act more effectively if that time does come in the future.

While reopening as normal may still be a few weeks or months away, there is a lot of logistics to think about due to the safety measures you will need to implement. To help you plan for this, here is a useful checklist so that you can reopen your business safely when the time comes.

6 areas you need to cover to reopen your business safely

Safety

Do we have a plan to reopen with ‘social distancing’ in place when our business is legally allowed to?

Do we have a supply of hand sanitiser available for all entrances and exits used by staff and customers?
Can these sanitisers be fixed in place to minimise theft?
Have we done a deep clean of our premises
Do we have a supply of face masks for staff? If possible, will they be branded?
Have we worked out how to minimise the risk to staff by introducing social distancing wherever possible? E.g. spacing out seating, staggering shift times or rotas, placing visual markers where queues form to help people socially distance?

Staff

Do we have a plan to re-engage with staff who have been furloughed?

Are they physically able to return to work? And on what basis?
What hours do we need them to work? And does this require formal HR assistance if there is a major impact on their working hours or contract?
What training will they need to be safe and competent in doing their job?
Will they need to be reskilled or reassigned? And how will this happen?

Impact

Have we forecasted the impact of social distancing on our business?

Reduced demand and capacity?
Cash flow? Turnover? Profit?
Resource requirements?
Parents of school-age children may still need to be at home with their children?

Customers

Have we identified ways to reduce the need for customers to physically be on our premises?

Telephone and/or internet orders?
Photos or videos of our products/services on our website?
Deliveries to customer homes?
Click and collect?

Operations

Have we done a risk assessment and implemented recommendations to minimise the risk to our staff?

How to reduce contact in our offices and premises?
Increased cleaning of all surfaces?
Education and training to staff on how they will play their part to keep everyone safe?

Marketing

Have we identified ways to increase demand for our business’s services or products whilst still remaining ‘COVID-19’ secure?

New products or services which will be in demand?
Different ways of delivering the service or fulfilling the order or demand?
New channels to market? E.g. direct to consumers?

Plan your coronavirus-comeback

If you want to be ready for when the time comes (and it will) where you can reopen your business, you will need to have a plan to keep your employees and customers safe. If you have your plan and your safety measures in place for when that time comes, you can hit the ground running.

Imagine bouncing back stronger than ever when restrictions ease? Don’t waste any more time now giving into the Covid turmoil. Plan your comeback and reopen with confidence.

How can I support my team through the current global crisis?

Posted on November 30, 2020 | by admin

As most working professionals spend a third of their time at work, it’s been a massive adjustment for the millions of people who have had to start working from home. With many other stressors and worries piled on top of this, it’s no surprise then that this has had a major impact on the health, happiness, and the wellbeing of those employees.

For a thriving business, you need thriving employees, but not many people are thriving during this time. Therefore, to keep businesses afloat during the current global crisis, it is the responsibility of the employers to support their employees and this includes their mental wellbeing. Here’s how to do just that.

The 3 Ps

1. Prioritise – the health of your team

You need to create the right conditions to help your employees feel empowered and supported during this stressful time. You can do this by:

Taking advice from the World Health Organization and region-specific public health authorities such as the CDC.
Measuring and tracking the stress of your team via surveys and then offering help to those who need it most.
Providing consistent and clear objectives to give your employees a sense of control and purpose.

2. Promote – positive habits

Anxiety and stress can lead to the formation of bad (and unhealthy) habits. To help your employees deal with this stress, encourage the formation of positive habits such as:

Making a weekly and daily plan of action.
Sticking to their daily routine as much as possible.
Self-care activities such as meditation, mindfulness, and breathing exercises.
Taking regular breaks to properly ‘switch off.’
Limiting their use/exposure to social media and the news.

3. Practice – compassion and empathy

Some of your employees may have lost loved ones or they may be suffering from anxiety or depression during this time. To support them as best you can, here is how to be a more compassionate and empathetic leader:

Check-in with your employees regularly and keep an eye on their energy levels.
Listen to how they are feeling and encourage sharing when your team communicates.
Pause and give yourself time to respond to certain situations rather than reacting to them.