Ashwajit Singh, MD, IPE Global acknowledges that even, consultancy firms have been affected by Covid-19 related slowdown. He says, “Nearly all our client companies have halted the key strategic and ongoing projects, which, in turn, has affected our payment schedules.” However, he assures that in the current situation no jobs will be lost, or salaries cut or delayed.” With regards to the new appraisal cycle, promotions and bonuses, he says, “we are still evaluating our options. Though there is a freeze on new hires, we will honour those who were offered a job prior to this crisis but, their joining may be delayed.”