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Accenture gets behind scheme to keep people employed during Covid-19

Apr 30
Tags: Accenture
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Accenture gets behind scheme to keep people employed during...

As the coronavirus pandemic continues to inflict huge damage on economies around the world and drives unemployment rates to record highs, Accenture is backing a global initiative to connect employers in need of staff with people looking for work.

The professional services firm is one of several leading companies from a range of industries that are involved in People + Work Connect. This employer-to-employer scheme links companies that have been forced to lay off or furlough staff with those in urgent need of workers.

It's global and open to firms in all industries, as long as they have approximately 100 jobs to fill or 100 available workers to place. There is no cost to join.

People + Work Connect was designed by chief human resources officers from Accenture, Lincoln Financial Group, ServiceNow and Verizon. Accenture also built the platform, helping it move from the initial idea to full launch in just 14 business days.

Several well-known brands and large corporations from around the world have agreed to participate, including ADM, Mondelez International, Marriott and Zenefits.

One of the main priorities of the initiative is to shorten the often lengthy and complex cycle of unemployment people fall into when they have been laid off. It does this partly by using analytics to collate non-confidential and aggregated workforce data based on criteria like location and experience.

Ellyn Shook, Accenture's chief leadership and human resources officer, said: "By providing real-time visibility into which companies need people and where, People + Work Connect is designed to lessen the economic and societal impacts of the virus and help us work together to make a difference in the lives of hundreds of thousands of people."

Christy Pambianchi, executive vice president and chief human resources officer at US telecoms company Verizon, another high-profile participant in the programme, said these efforts were instigated by the current health crisis, but it's likely this sort of collaboration could become the norm going forward.

"Now is the time to build a more resilient workforce - for today and tomorrow."

The US has registered more cases of Covid-19 than any other country and has felt the impact of the pandemic on its labour market, with the number of people filing for unemployment soaring to more than 26 million.

In the UK, the National Institute of Economic and Social Research has predicted the unemployment rate could exceed 10% this year, before declining in 2021, but staying above 5%.

According to PwC's latest predictions, the UK economy could shrink by up to 10% in 2020, but the firm is still expecting a gradual recovery by the end of next year.

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