Coronavirus Impact on Welsh Businesses – Survey Responses

Hodge Research Group’s Coronavirus Impact Survey Responses

Last month the Hodge Research Group in Cardiff Met’s Creative Leadership & Enterprise Centre (CLEC) sent out a questionnaire to 74 firms and asked them about their experiences during the lockdown. We had a good response rate of over 35% and some responses are still coming in.

We are proposing to follow this survey up with a longitudinal view of the effects that the pandemic has on business over the next 12 months.

Firms Operating

The headline figures are that 35% of respondents remain fully operational and conducting business nearly as usual. 46% are partially open with reduced workforce, while 12% have temporarily shut down all operations.

Furloughing

Nearly 60% of firms have furloughed at least some of their staff.

  • Full staff numbers working as normal: 31%
  • Some staff furloughed: 54%
  • All staff furloughed: 4%
  • Full staff numbers but working at reduced
    capacity: 12%

None of the respondents said that they have made anyone redundant during the lockdown.

Government Assistance

70% of firms have applied to the government for some form of financial support. Most of the ones that did (62%) had found the process of getting the support straightforward, although some 39% had found some difficulty or had no success.

Definitely yes 61.54%
Probably yes 7.69%
Might or might not 7.69%
Probably not 19.23%
Definitely not 3.85%
Total 100%

More News and Insights

Bottom-up Change Management – How To Overcome The Kerplunk Effect

Bottom-up Change Management – How To Overcome The Kerplunk Effect

Entrepreneurship: Applying a Leadership Mindset – Professor Brian Morgan CMI Webinar

Entrepreneurship: Applying a Leadership Mindset – Professor Brian Morgan CMI Webinar

20Twenty Leadership Courses Now 80% Funded – Together We Can Become #BetterManagers

20Twenty Leadership Courses Now 80% Funded – Together We Can Become #BetterManagers