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Tuesday, March 31, 2020 – DEPARTMENT OF LABOR ISSUES GUIDANCE ON FFCRA PAID SICK LEAVE AND EMERGENCY FAMILY AND MEDICAL LEAVE

3/31/2020 | General

The Department of Labor (DOL) has issued guidance on the Families First Coronavirus Response Act (FFCRA) by updating a list of “Questions and Answers” about the FFCRA on the DOL.gov site. Below is a summary of some critical points in that guidance: EFFECTIVE DATE OF LEAVE ENTITLEMENTS: The DOL has stated that the first available date for leave is April 1, 2020. The Effective Date of the FFCRA is April 2, 2020, which was 15 days from the FFCRA’s passage […]

Monday, March 30, 2020 – CARES ACT PROVISIONS FOR EMPLOYERS

3/30/2020 | General

On March 27, 2020 the CARES Act, which outlines much publicized small business loans and enhanced unemployment benefits, was passed into law.  There are a few main components of the Act which are most critical for employers:  Small Business Loan programs (including tax relief, loan deferral and forgiveness), enhanced unemployment compensation (UC) benefits, and changes to employee benefits.  The key components are: Small Business Programs Deferral of employer’s share of Social Security tax Amount deferred paid in two installments – […]