New Funds, Old Problems: 5 Things to Know About the Paycheck Protection Program Process
Last week, it was revealed that the $349 billion government program established to keep small businesses afloat during the pandemic and resultant economic crisis had already run out of money. Administered by the Small Business Administration (SBA), the Paycheck Protection Program funds were depleted after just 13 days. During this brief time, the SBA says […]
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Coronavirus and Beyond: The Rise of Telemedicine in Your Employee Benefits Package
With social isolating in full effect as a way to flatten the curve, people are discovering ways to still take care of what needs to be done. From working remotely and online grocery orders to teleconferencing with family and friends, virtual experiences are proving to not only be easy and accommodating but essential. This has […]
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Netchex Partners with Cyber Readiness Institute to Help Clients Improve Cybersecurity
Did you know that 58% of cyber attack victims are small businesses—and that more than half go out of business as a result? Your business needs to be more prepared, and Netchex can help you improve your cyber readiness. At Netchex, we are always looking to provide more information and resources to our clients to […]
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The Legal and Compliance Considerations of Furloughs, Layoffs, and Reduction in Force
In response to the COVID-19 pandemic, many businesses have been lucky enough to find ways for employees to work from home, but not all jobs are compatible via telecommuting. As the economic downturn takes its toll, a loss of revenue can make difficult choices necessary. Depending on your circumstances and the outlook for your industry, […]
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Coronavirus and Beyond: Communicating with Remote Employees During COVID-19
Now more than ever, employees are looking for health and well-being support from their employers. As COVID-19 spreads increasingly across the globe and throughout the United States, employees are wanting more information. They’re living with uncertainty. Employers and HR need to be agile and responsive. As you adjust your management style, communicating with remote employees […]
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Coronavirus and Beyond: 5 Things for HR Professionals to Understand About the CARES Act
The Coronavirus Aid, Relief, and Economic Security (CARES) Act is more than 800 pages long, and many of the proposals will require the cooperation of federal and state agencies before the practical details can fully take shape. That being said, a range of tax credits are being made available for immediate relief and paycheck protection […]
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Coronavirus and Beyond: IRS Promises Full, Immediate Reimbursement for Sick Leave
It’s no surprise that the coronavirus pandemic and response have led to layoffs and economic uncertainty. The Secretary of Labor Eugene Scalia has confirmed, “This large increase in unemployment claims was not unexpected,” but stimulus checks and other measures are expected to soften the impact. The federal government has also sought to provide incentives and […]
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How Netchex Can Help Hotels and Restaurants Overcome COVID-19 Struggles
The hospitality and service industries are taking especially hard hits from the global coronavirus shutdown. Travel is restricted, while restaurants, bars, casinos, and most public spaces are having to close during this unprecedented time. Conferences, conventions, and other major events are being postponed or canceled. And with everyone being told to stay isolated, no one […]
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Netchex Updates Software To Ensure Businesses Stay Up-To-Date and Compliant with New Federal COVID-19 Laws
NEW ORLEANS, LA, April 1, 2020 – Netchex, a local payroll and HR services company, has announced a significant update to their system that gives clients the ability to institute, track, and remain compliant with the new laws recently enacted as part of the Federal Government’s response to the coronavirus (COVID-19) pandemic. Signed into law on […]
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Coronavirus and Beyond: CARES Act Stimulus Package Includes Business Loans To Cover Payroll
In the midst of the coronavirus (COVD-19) pandemic, Congress has been swift to enact new legislation aimed at helping individuals, families, and businesses during this unprecedented time—including The Families First Coronavirus Response Act and The Emergency Family and Medical Leave Expansion Act. Now comes The CARES Act. The latest—and most monumental—legislation was signed into law […]
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Coronavirus and Beyond: Adapting Your Management Style for a Remote Team
When you’re managing a team remotely, you’ll need to make some big adjustments. While there might be a slight learning curve for teams completely new to remote work, there is no reason to think your team will lose any productivity or cohesiveness once you find an effective remote team management style. If you can leverage […]
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Overcoming Coronavirus: Netchex Solutions to Keep Your Company Functioning and Compliant with New COVID-19 Laws
While much of the day-to-day business world has been put on hold for a few weeks, many businesses are still functioning behind-the-scenes in an effort to remain operational. At Netchex, we are committed to keeping our clients informed and able to manage any new requirements stemming from new federal COVID-19 laws. As new legislation is […]
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