The global pandemic is causing job losses and making workers fall ill – making it difficult to fulfil some employment contracts
This is a frustrating time for small businesses. Many employers have been trying to figure out how to cut costs and keep their businesses afloat during the ongoing COVID-19 crisis. Employers are wondering how to manage their payroll when facing decreased revenue — some have been in the undesirable position of having to reduce employees’ hours or, in some cases, end employment contracts. Given the unprecedented and unforeseeable long-term effects of COVID-19 on business revenue, some employers may be wondering about “frustration” of employment contracts.
