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The impact of COVID-19 to the workplace’s regulations from EU’s perspective

Abstract

It is worth noting that the current global pandemic is a socio-economic emergency that caught most institutions, oblivious in terms of moving quickly from an old-fashioned work culture and corporate structure to a predominantly remote workforce arrangement at best. It is clear that the impact from the pandemic may not be temporary, but will upset work related issues for the years to come, altering economic development and social cohesion. For companies and employers, this continuous state of uncertainty and crisis management, have placed additional stress on their organizational systems, impacting not only decisions concerning business strategy elements but people management as well. It is evident that there is a need to balance the burden from shareholders and those of employees in a pandemic that may last more and thus bring about modifications to the role of employees and the workplace culture. It is important to note that this paper examines precisely the opportunities that exist in an ‘involuntary change’ of workplace environment that may bring new ways on how companies operate from now on, as well as reshape the workplace in the near future. It is important to recognise that all these shifts may require massive legal and regulatory restructurings of the current employment and workplace regulatory frameworks, with a view to accommodate the new settings of the workplace, employment relations as well as work culture.

Author

Portrait image of Enik  Pogace
Enik Pogace
Head of Employee Relations Division , Bank of Albania, Albania

Enik Pogace serves as the Head of the Employee Relations Division at the Bank of Albania. Formerly, he was a legal expert at the Bank, tackling an extensive array of legal matters related to banking, payment systems, and the prevention of money laundering and terrorist financing. His career commenced with international organizations such as the United Nations Development Programme (UNDP) and the International Organization for Migration (IOM), followed by legal work at the Ministry of Justice. Prior to joining the Bank of Albania, he contributed to a European Commission program on justice reform in Albania. He studied at Georgetown University, University of Freiburg, and Marmara University, and has conducted postgraduate legal research at the University of London. His recent research has been concentrated on harmonizing banking legislation with the European Union acquis, particularly concerning employment and employee rights.

Company

Bank of Albania logo

Bank of Albania

The Bank of Albania, serves as the central bank of the Republic of Albania. Located in the capital city of Tirana, it operates under a clear mandate to maintain price stability, regulate the banking sector, and issue the national currency. As the chief monetary authority, the Bank of Albania formulates and implements monetary policy, supervises financial institutions, and ensures the sound functioning of payment systems. By promoting financial stability, the Bank plays a pivotal role in the country's economic framework.

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