Challenges Faced by Company Secretaries During Covid-19 and Lockdown Period: An Analysis
Challenges faced by
Company Secretaries
during Covid-19 and
Lockdown period
An analysis by Akshaya Rengan
Loss of Office Culture
T
he 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
One had to incorporate
roles of a professional,
a teacher, a cook, a
househelp, a parent, all
at once in real time!
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….
Balance became a myth
C
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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.
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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
