Perks for employees
If your business cannot be converted to dedicated work, reduce expenses on additional bonuses for employees. Of course, you should not deprive your staff of bottled water and coffee, but you can refuse to pay for subscriptions to the pool or training in expensive courses. The main thing is to discuss temporary measures with your subordinates. Most likely, they will understand the situation and support your decision.
Carefully weigh the pros and cons when posting a vacancy. Consider whether these functions can be redistributed among existing employees. Personnel management can easily be medical insurance leads email list handled by someone from the management team, or it can be outsourced.
During an economic crisis, you can reconsider your attitude towards your employees. It is in difficult situations that the potential of the team is revealed. Perhaps one of your employees has hidden talents and now is the time to show them.
Corporate souvenirs
Don't waste money on corporate symbols. T-shirts, calendars, notebooks and pens won't help you survive the crisis. It's better to invest this money in a marketing campaign to attract new customers.
Business trips
The current situation is such that business trips are not only a blow to the budget, but also a potential risk to the health of you and your employees. Clients and partners also understand that it is more logical to postpone flights to other regions until better times. An alternative option may be to organize online conferences via Skype.
Corporate events
Perhaps you are used to celebrating corporate holidays cheerfully, amicably and in grand style. But a crisis is not the best time to spend the company's budget on paying for the services of the most cheerful toastmaster and a chic table with treats. Celebrate an important date in the virtual space. For example, on Okko you can watch a concert of your favorite band live together. And you can go for a walk when the situation improves.
Marketing research
Conducting large-scale marketing research during a crisis is not the best idea. Firstly, it is a very expensive pleasure. And secondly, no one will be able to reliably predict when the economy will start to recover.