April - May Mag Issue 25 Paperturn - Page 22



MIDDLE PAGE SPREAD!
NEWS
AVRO SURVEY RESULTS PUBLISHED
AVRO’s first recovery industry survey, released
over 2 weeks ago, with results showing some
definitive patterns forming that clearly illustrate the
all-round devastation to our industry.
Graph 1
In graph 1, 39% of respondents (green bar)
had between 81% and 100% reduction in their
recovery turnover.
If you take into account the Green, Red and Amber
bars, the results show that 95% of respondents
had experienced at least a 41% reduction in their
recovery turnover.
In Graph 2, 28% of respondents (Green bar) had
furloughed between 61% and 80% of their staff. If
you take into account the Green, Amber and Red
bars, this illustrates that 80% of respondents had
furloughed between 21% and 80% of their staff.
39% of respondents had between 81% and 100%
reduction in turnover
Graph 2
95% of respondents had over 41% reduction in
turnover
28% of respondents had furloughed between 61%
and 80% of their staff
80% of respondents had furloughed between 21%
and 80% of their staff
The initial impact to breakdown recovery
operations from the lockdown is best illustrated in
graph 3. We were surprised to learn that, despite
the governments job retention assistance of 80%
pay for furloughed workers, recovery operators still
reverted to lay employees off. The blue bar informs
us that nearly 80% of those who responded had
laid off up to 20% of their staff.
We have touched on this element again, in our
next Survey – The next phase - so we will continue
to post the data in the hope it will help you with
your decision making. It will be interesting to
see (from the results of the next survey) if the
introduction of the furlough scheme offered some
confidence to our industry and was enough to
change employers’ minds to reverse their lay off
decision.
Graph 3

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