Nearly nine out of every ten businesses here say the uncertainty around business continuity arising from the Covid-19 pandemic is creating challenges for their firm.
A survey by employers group Ibec found four fifths are also worried about cost containment, while nearly three quarters are concerned about reduced or lost sales.
Supply chain disruption is also a challenge for more than two thirds of employers, while 64% of the 440 respondents said remote working was also creating problems.
More than two fifths of those surveyed said they were laying on additional supports to help employees working from home.
A similar proportion have been offering online technology training to workers and a third have been trying to help employees with childcare responsibilities.
When it comes to pay reviews, a third of firms said they would proceed as normal with them, while a fifth said they would postpone until later this year and 9% said they would move such decisions to 2021.
More than a third said they would proceed as normal with bonus payments that are due.
Meanwhile, new research by the Institute of Directors has found there has been a dramatic reversal in business confidence among business leaders here.
It found that over 81% of business leaders now regard COVID-19 as the biggest risk facing their organisations, and nearly all directors are 'more pessimistic' in respect of the Irish economy in the first quarter of this year in comparison to just 24% in the last quarter of last year.
83% of business leaders rated as 'significant' the potential impact of COVID-19 on their organisation's bottom line for the year 2020.
