Coronavirus

Coronavirus
Carrot vs. Stick: Employers Look For Sweet Spot Between Vaccine Mandates And Incentives
August 27, 2021

As employers consider whether to encourage staff to get vaccinated against COVID-19, several companies are providing examples of how it can be done. Employers are using several different types of incentives to encourage employees to get vaccinated. Some are using a carrot, others a stick....

Coronavirus
European Flights Fly Closer to Pre-Pandemic Levels
August 26, 2021

Driven by discount airfare tickets and a COVID-19 digital passport, European air travel has seemingly begun to bounce back from the pandemic, according to a Thursday (Aug. 26) Wall Street Journal article. As of last week, flights within Europe had declined 27 percent versus the...

Coronavirus
Delta Air Lines To Require Testing And Fees For Unvaccinated Employees
August 25, 2021

In a quest to fight the spread of COVID-19 and have its employees become fully vaccinated, Delta Air Lines Inc. plans to require weekly testing for unvaccinated employees and charge them a $200 monthly health insurance fee, according to a Wednesday (Aug. 25) Wall Street...

Coronavirus
Study Reveals Vaccine Policy Rift In Urban Vs Rural And Large Vs Small Businesses
August 24, 2021

The location and size of companies are two indicators of how likely businesses are to require or encourage vaccination for their employees, new PYMNTS data show. In short, the larger and more urban a company is, the more likely it is to have a policy...

Coronavirus
Pandemic Will Linger Into 2022, Say Consumers, Before We’re ‘Back to Normal’
August 18, 2021

“If it be not now, yet it will come — the readiness is all,” wrote the Bard. And when it comes to the pandemic, the seemingly interminable waves of infections and variants, it seems like the only certainty we have is … waiting. Against that backdrop,...

Coronavirus
Delta Weakens Spending Spree As Firms Stash More Cash
August 17, 2021

Businesses are opting to hold on to their money as spending spree hopes wane amid the quick-spreading Delta variant of COVID-19, the Wall Sreet Journal (WSJ) reported on Tuesday (Aug. 17).  “If you’re a corporate treasurer then you’re not wanting to be complacent,” Mark Lewellen,...

Coronavirus
Vaccine Mandates Are A Lose-Lose For Frontline Restaurant Workers, Says Paytronix CEO
August 16, 2021

For a few months in late spring and early summer, the future was looking bright for restaurants. Newly vaccinated consumers were coming back for indoor dining, even as digital sales remained elevated. Yelp recorded record-high seatings, and restaurant spending was increasing each month. Now, as...

Coronavirus
COVID’s Delta Comeback Slams World’s Supply Chains
August 15, 2021

Global supply chains, especially in Asia, are taking a beating from the new surge of COVID-19 infections caused by the delta variant, Bloomberg reported. Just as manufacturing geared for the Christmas shopping season is set to ramp up, the ports and factories hit the hardest...

Coronavirus
Employers Making COVID Vax A Hiring Requirement
August 13, 2021

Employers are asking applicants to be vaccinated against the coronavirus as a condition of their being hired in increasing numbers, according to a report in The Wall Street Journal. The percentage of job postings with a vaccination mandate has almost doubled in the last month,...