Massive Snowstorm Will Cost Workers and Businesses
(Christian Science Monitor) — This week’s goliath snow storm, which stretched across some 30 states, has put a dent in America’s productivity. Some cities like Tulsa, Okla., and Chicago shut down in the face of record or near-record snowfalls. In other places, government offices and schools closed while businesses remained open. How much the storm will hurt US productivity is difficult to quantify. It’s also uneven, hitting service workers much harder than office employees and professionals who can work remotely. Organizations that depend on their employees’ physical presence will feel the biggest pinch. Restaurants, retailers, airlines, hospitals, hotels, and other service companies lose not only workers but customers on days when travel is difficult.