COVID-19 Impact

729 responses

Please select your company’s primary industry?

729 out of 729 answered

1
Professional Services (including legal)
17%/ 129 resp.
2
Food and Beverage
13%/ 100 resp.
3
Retail
7%/ 52 resp.
4
Manufacturing
6%/ 44 resp.
5
Healthcare
5%/ 40 resp.
6
Tourism
5%/ 38 resp.
7
Construction
4%/ 34 resp.
8
Information & Communication Technologies
4%/ 32 resp.
9
Arts and Entertainment
4%/ 29 resp.
10
Cleantech
1%/ 14 resp.
11
Finance and Accounting
1%/ 14 resp.
12
Defense
1%/ 12 resp.
13
Transportation, Warehousing, or Logistics
1%/ 12 resp.
14
e-commerce
1%/ 11 resp.
15
Aerospace & Navigation Technologies
1%/ 9 resp.
16
Biomedical Devices & Products
1%/ 8 resp.
17
Biotech & Pharmaceuticals
0%/ 6 resp.
18
Cybersecurity
0%/ 1 resp.
19
Genomics
0%/ 0 resp.
20
Other
19%/ 144 resp.

What was your annual business revenue last year?

729 out of 729 answered

1
<$100K
27%/ 200 resp.
2
$100K-$299K
16%/ 120 resp.
3
$1M-$2.9M
14%/ 103 resp.
4
$10M+
12%/ 94 resp.
5
$500K-$999K
11%/ 80 resp.
6
$300K-$499K
8%/ 60 resp.
7
$3M-$4.9M
5%/ 39 resp.
8
$5M-$9.9M
4%/ 33 resp.

Are you currently reducing or planning to reduce staff and/or hours?

729 out of 729 answered

1
Yes
63%/ 463 resp.
2
No
20%/ 149 resp.
3
Unsure
14%/ 106 resp.
4
We actually need to add staff to meet increased demand
1%/ 11 resp.

When do you anticipate these staffing impacts primarily taking place?

462 out of 729 answered

1
Immediately/Next 30 days
93%/ 434 resp.
2
1-3 months
4%/ 22 resp.
3
3-6 months
1%/ 5 resp.
4
6-12 months
0%/ 1 resp.

Are you still planning to fill any open positions that are currently unfilled or posted?

725 out of 729 answered

1
No
74%/ 540 resp.
2
Unsure
12%/ 88 resp.
3
Yes
11%/ 81 resp.
4
We have recinded offers
2%/ 16 resp.

Do you anticipate a loss in revenue?

729 out of 729 answered

1
Yes
86%/ 627 resp.
2
Unsure
9%/ 68 resp.
3
No
4%/ 34 resp.

When do you anticipate these revenue impacts primarily taking place?

624 out of 729 answered

1
Immediately/Next 30 days
68%/ 427 resp.
2
1-3 months
22%/ 142 resp.
3
3-6 months
5%/ 37 resp.
4
6-12 months
2%/ 18 resp.

How is your business adapting to COVID-19?

729 out of 729 answered

1
Having employees work remotely
41%/ 303 resp.
2
Temporarily shut down operations
39%/ 291 resp.
3
Reduced employee hours
26%/ 191 resp.
4
Laid off employees
18%/ 133 resp.
5
Furloughed employees
13%/ 96 resp.
6
No action taken
6%/ 50 resp.
7
Permanently closed business
1%/ 10 resp.
8
Other
7%/ 55 resp.

Are there any topics you/your company would like to learn about specifically, related to coping with COVID-19?

719 out of 729 answered

1
Financing/Capital Access
60%/ 434 resp.
2
Insurance Coverage Issues
26%/ 192 resp.
3
Emergency Preparedness & Business Continuity Planning
26%/ 190 resp.
4
HR Issues
22%/ 164 resp.
5
Marketing
21%/ 157 resp.
6
Technical Applications (e.g. video conferencing, online shopping...)
9%/ 70 resp.
7
Facility Remediation/Clean-up Costs
4%/ 32 resp.
8
Other
8%/ 63 resp.