United Benefit Advisors (UBA) published the CARES Act Paycheck Protection Program (PPP) Update Compliance Advisor memo. This memo provides an overview of the frequently asked questions (FAQs) that have been released by the Department of the Treasury (Treasury) and the Small Business Administration (SBA). The attached memo covers FAQ topics, including:
- Small Business Eligibility
- SBA Affiliation Rules
- Payroll Substantiation Requirements
- Payroll Calculation Period
- Seasonal Employer Eligibility
- Leased Employee Payroll
- Accounting for Federal Taxes
- Loan Forgiveness Period
Click Here for the full UBA Compliance Advisor memo.
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The Department of Labor (DOL) continues to add to the Families First Coronavirus Response Act (FFCRA) Q&A page as guidance is released regarding the Emergency Sick Leave Act and the Emergency Family Medical Leave Expansion Act. As of today, 79 questions have been answered. Be sure to check periodically for updates:
https://www.dol.gov/agencies/whd/pandemic/ffcra-questions
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Recently ThinkHR conducted an employer survey asking for feedback on how companies are responding to COVID-19. The attached survey provides insight into how employers were forced to take action, any organizational concerns, understanding legal guidance, remote work, and how workplace policies have changed.
Click Here to download the survey.
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During times of stress, it is important to keep a sense of humor. How many of these sound familiar? BINGO!
Modified from: Harrington, Kimberly. “Working from Home During a Global Pandemic Bingo” McSweeney’s, March 2020, https://www.mcsweeneys.net/articles/working-from-home-during-a-global-pandemic-bingo
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