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, […]
Read ArticleCoronavirus 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 […]
Read ArticleCoronavirus 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 […]
Read Article