Challenges Faced by Company Secretaries During Covid-19 and Lockdown Period: An Analysis
Company secretaries encountered multiple challenges during the Covid-19 pandemic and lockdown period. Issues such as loss of office culture, digital divide, fixed costs, change in payment cycles, work-life imbalance, and conducting virtual AGMs significantly impacted their professional lives. These challenges encompassed a wide range from remote work issues to personal life disruptions, requiring adaptation and resilience.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
Challenges faced by Challenges faced by Company Secretaries Company Secretaries during Covid during Covid- -19 and Lockdown period Lockdown period 19 and An analysis by Akshaya Rengan
Loss of Office Culture The Lockdown kept professionals centered far from office cubicles, in space of their own. These spaces remind us of dissimilarities across the spectrum and a loss of equal pedestal that office culture offers. Digital Divide Professionals had to make sure that all their staff are well equipped with High Speed .Internet Connectivity along with essential gadgets. Office rent and expenses While location of work changed, fixed costs such as office rent remained same which acted like an unnecessary cash outflow when the resources were already meagre. Stationary, Printouts, Stamps, Digital Signatures Minor issues like availability of stamps and stationary occupied center stage since they weren t easily procurable during lockdown. Ensuring centralised control of digital signatures was a primary concern as well.
Change in Payment Cycles and a halt on Hiring Scanty resources at one s disposal meant that there was a drastic change in payment cycle with mutual understanding amongst vendor and buyers. Lockdown also meant a decrease in traineeship and an absence of learning and interactive sessions
Work -Life Imbalance The usual 9 to 5 hustle was replaced by inappropriate sleep patterns, a decrease in outside leisure activities that earlier acted as stress busters and a creation of work space within the home environment . Pandemic hit the livelihood of various working woman who crossed societal barriers to finally occupy the positions they did, only to be sacrificed at the altar of lockdown hit family life . One One had roles roles of of a a professional, professional, a a teacher, teacher, a a cook, househelp, househelp, a a parent, at at once oncein inreal realtime! had to to incorporate incorporate cook, a a parent, all time! all Balance became a myth
Conduction of Virtual AGMs AGM.mp4
