By Elli Morii, Chief Financial Officer at Reward Gateway
As a CFO, I spend my days poring over numbers. In the past six months especially, during the COVID-19 pandemic, I’ve had conversations with fellow CFOs and business leaders who have had to make difficult decisions based on those numbers for the future of their business.
Over the past few months, we’ve seen many companies furlough employees, cancel pay rises and slash annual budgets to keep their business alive. And so it can be hard to justify any ‘extra’ costs, such as employee engagement initiatives or technology. Maybe it even feels a bit wrong.
I know talking about spending during a time when we’re all doing more with less money and resources can be challenging, but you have to ask yourself: What is the cost of doing nothing?
Click here to find out how to build a business case for investing in employee engagement during COVID-19.