Russia: COVID-19 advantages for business 2020

More than one half of surveyed members of IAB Russia stated that the coronavirus (COVID-19) outbreak helped reduce costs that would not be cut otherwise in May 2020. The share of business representatives finding an advantage in their employees being ready to work for less money increased from 3 to 35 percent from March to May 2020.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

Are there positive changes for business in general over the period of the coronavirus epidemic?*

Characteristic	March 2020	April 2020	May 2020
Cutting costs that otherwise would not be cut for a long time	23%	44%	52%
Easier to take unpopular decisions	34%	42%	35%
People are ready to work for less money	3%	20%	35%
Adoption of new technologies in business	23%	46%	35%
New opportunities for business opened	29%	34%	35%
Nothing good happened	20%	2%	17%
Increasing the effectiveness of company work	14%	51%	13%

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Release date

June 2020

More information

Region

Russia

Survey time period

March 23-24, April 13-22, and May 18-25, 2020

Special properties

IAB Russia members

Supplementary notes

* In March 2020, the study received 43 questionnaires (34 fully completed, 9 partially).
In April 2020, the study received 65 questionnaires (38 fully completed, 27 partially)
In May 2020, the study received 33 questionnaires (26 fully completed, 7 partially).
Other and not stated responses are not presented.

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