UK officially enters recession
The ONS announces that Britain’s gross domestic product (GDP) fell by 20.4% in the second quarter of 2020, the biggest quarterly decline since records began in 1955.
Scientists discover coronavirus could have been circulating in the UK for longer than expected, as the first person known to be was found to have tested positive on 21 February.
Various countries open and close to travel from the UK, creating concerns about employee rights if travelling abroad, and the furlough scheme is accused of masking the true scale of UK unemployment.
By lifting guidance for vulnerable adults who had been shielding since the outbreak of coronavirus, charities warn government that they could be putting their livelihoods at risk.
HR starts plans to bring employees back to work
Towards the end of the month, government suggests it will announce plans to encourage workers to return to their workplace if possible to help high-street economies bounce back.
Though a large number of firms have made pay cuts to help limit the impact of the pandemic’s recession, the High Pay Centre finds that there is still a large disparity in executive pay.
And slowed career progression for young employees threatens to have an impact on the post-pandemic job market.
The best bits of HR magazine from August 2020:
Kessar Kalim, HRD at LSHTM, is our profile for this issue and shares the ways the organisation has adapted to coronavirus.
Our feature on internal communications looks at how organisations toe the lie between employee support and overstimulation.
We look at the role open door policies have in a fast-changing climate.
If you want to receive breaking news, in-depth analysis and challenging thought leadership from HR magazine in 2021, consider signing up to our daily bulletin, subscribing to our print editions, or requesting our digital edition sent straight to your inbox every month.