Abstract

In the year 2020, many people will undergo two of the top five stressful life events, namely a major illness or job loss. In fact, over 45 million Americans are unemployed because of COVID-19 in the workplace today.In addition to contracting coronavirus in the workplace, many other concerns affect individuals today: Taking a financial loss (24%) Being furloughed (22%) Experiencing mental health issues (20%) Having to care for a family love one (19%) Experiencing first time issues with working from home (15%) Balancing childcare activities (14%). All these concerns were recognized by more than 1,035 individuals surveyed by Indeed.com in a recent article published March 24, 2020 [1]. In addition to possible job loss, numerous individuals have had to redeem sick leave benefits and vacation time to offset reduced income, reduced contract work, and decreased paid leave. Employers are acutely aware that rehiring of personnel may be financially taxing in that a smaller market share and less demand for services will have a significant impact on rehiring.

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