Day: March 22, 2020

How to overcome the typical challenges of managing a remote team

As coronavirus continues to spread around the world, more business owners are swapping rigid 9-5 schedules and traditional office environments in favour of flexible space and remote working.

With this in mind, John Williams, Head of Marketing at Instant Offices, investigates the pros and cons of remote working, and advises on how to overcome the typical challenges of managing a remote team.

Williams commented: “At a daunting time for businesses and families, remote working is going to be essential, in places, to keep business going but also to ensure staff safety. Increased flexibility benefits both businesses and employees, and top talent has already sought out organisations that encourage and support teams working from home, coworking spaces or coffee shops. There’s plenty of data to back up the benefits of working remotely, so work will likely continue even with the challenges ahead. With planning, open lines of communication and the

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Government urged to assist the ‘forgotten’ self-employed

Ministers are facing urgent pleas to help the millions of self-employed whose incomes have evaporated as a result of the coronavirus outbreak.

Pressure is growing on the government to provide financial assistance to freelancers, contractors and sole traders, whose businesses have been decimated by the COVID-19 crisis.

It follows warnings that the radical rescue package unveiled taken by Chancellor Rishi Sunak to cover most of the wages of workers who face losing their jobs as a result of the coronavirus pandemic, would fail to assist the self-employed.

However describing herself as “one of the forgotten self-employed”, Nicole Humphrey pressed her local MP about her plight.

She wrote on Twitter: “What is the government going to do about those who’ve worked damn hard for everything & are likely to lose it all in these dark times.”

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$50bn+ for business in pandemic package

A $20 billion loan guarantee for small businesses, $31.9 billion of grants to encourage small businesses to keep workers and $18 billion of support for welfare recipients and people who lose their jobs are the key elements in the federal government’s second round COVID-19 economic response.

That adds to a $17.6 billion stimulus package announced earlier this month, $15 billion to buy asset backed securities from small lenders, and a $90 billion Reserve Bank facility for bank liquidity.

Adding to a total of $189 billion, the combined packages are equal to about 10 per cent of GDP.

Small and medium sized businesses and non-profits with turnover below $50 million will receive payments of up to $100,000 to pay bills and retain staff.

That will cost $31.9 billion.

A loan guarantee scheme will underwrite 50 per cent of new small business loans up to a value of $20 billion, which would

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Fox Business employee tests positive for coronavirus

An employee of Fox Business Network tested positive for coronavirus, top executives at Fox News Media told staffers in a memo Friday evening, reports Brian Steinberg of Variety.

Steinberg reports, “The staffer alerted the network today of the test results and employees have been notified while the Fox Corporation-owned outlet works to disinfect work areas.

“Fox Business said a decision unveiled earlier Friday to temporarily suspend some shows was made in advance of the news of the employee testing positive.

“‘As soon as we learned of the test result, we mandated that this employee’s direct co-workers/team self-quarantine for 14 days since last contact at the direction of our medical professionals. We are also doing a deep cleaning of all areas affected and will be continuing all of our aggressive sanitizing and disinfecting efforts throughout the entire building,’ Fox News CEO Suzanne Scott and Fox News President Jay Wallace said in

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