doctor Bob":2j3gy1jv said:
Furloughed all staff today.
......
Shiitting my pants still, unbelievable that you can spend 16 years building a business the right way, slow growth, no loans, no greed, looking after staff and clients, and then the potential for it all to disappear in a few months. Very hard to deal with.
You have my sympathies. But don't rule out the good karma you have built with your staff, past and present. You may find that your fairness and consideration will be repaid when you need it most.
I work for a great company. I have only been there less than a year, but they have shown such support and social awareness that I think their chances of weathering a financial storm are much higher than companies with merely acceptable policies. They have built up a huge amount of 'social capital' in their workforce. I for one would rather work temporarily at half pay to get them back on their feet than at my previous company for double pay.
So you may find that your years of 'doing it right' were the best possible investment. I certainly hope so.