A COVID-19 Message from Jack and John Kiely
Dear Team Members,
As we have said, there are three parts to a disaster. A crisis, a stabilization, and a recovery. At the Kiely Family of Companies, each division will chart its course through these three stages, and the time frames may be different per division.
For the first five weeks of COVID-19, wage reduction measures for management were evenly distributed across all divisions. My father and I believe this is the best way to handle a short-term disaster lasting several weeks or months.
Unfortunately, it is now clear that the health and financial impact of COVID-19 will last far longer than our original assumptions. As COVID-19 begins to define itself as a long-term disaster, we must consider the unique course of each division and act independently.
The engineering division has maintained high demand and utilization from its customers since the beginning of this disaster and there is strong indication that demand for these services will continue. Therefore, beginning May 18, 2020, we are proud to announce that engineering wages will be fully restored.
The estimating department has also maintained high demand from its customers since the beginning of this disaster and there is strong indication that demand for these services will continue. This is very good news for the future workload potential of the utility and water divisions. Therefore, beginning June 1, 2020, we are proud to announce that estimating wages will be fully restored.
Laid-Off Team Members
For the many management team members who are currently on lay-off, we have not forgotten about you. My father and I are offering to either extend your family medical benefits through the month of May or pay you that value directly; whatever will help you and your family the most. Any questions regarding the benefits extension or pay out option, please contact Pat Varrone.
The rest of us, including my father and I, will continue to receive the current wage reduction through June 15, 2020. During this time, we will continue to monitor demand and utilization from our customers, which are the leading indicators of when we may restore the remaining wages. If we can restore wages sooner, we absolutely will.
In closing, although this is an incredibly difficult situation for all of us, my father and I believe returning some wages to normal is a very positive sign. We remain confident about our divisions and their potential for long term success.
Jack and John Kiely