PwC’s CFO Pulse Survey

Caribbean Edition Survey Highlights

Financial Actions:
77% of respondents are considering implementing cost containment
50% of respondents are considering deferring or canceling planned investments as a result of COVID-19
0% of CFOs are considering cuts to digital transformation, cybersecurity and research & development

Workforce Impact:
32% say in the next month they expect a productivity loss due to lack of remote work capabilities
34% say in the next month they expect a change in staffing due to low/slow demand (temporary furloughs)

Return to the Workplace:
77% are very confident they can meet customers safety expectations
82% are very confident they can provide clear response and shut-down protocols if COVID-19 cases in their area rose significantly or if there was a second wave of infections
73% are very confident they can provide a safe working environment

Emerging Stronger:
77% say the current work flexibility will make the company better in the long run (e.g., hours, location)
59% say the current situation has resulted in better resiliency and agility which will make the company better in the long run
70% say technology investment from the current situation will make the company better in the long run
59% say the current situation has resulted in new ways to serve customers, which will make the company better in the long run