The unprecedented economic conditions brought about by the COVID-19 pandemic have forced many Wisconsin employers to implement layoffs, partial furloughs, pay reductions and other painful employment actions.
The Department of Labor has clarified that gig workers qualify as “unemployed” under the Pandemic Unemployment Assistance (PUA) Program when they lose a significant amount of business because of COVID-19.
The CARES Act included a variety of new provisions to help employers and workers affected by the COVID-19 pandemic. Among those provisions were two aimed at student-loan repayment.
On Sunday April 5, 2020, the U.S. Department of Labor (DOL) issued Unemployment Insurance Program Letter (UIPL) 16-20 to provide further guidance on Section 2102 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020.
Employers frequently ask whether they may amend their existing pension plan schemes unilaterally. In the Netherlands, employees have to agree to pension plan amendments, separately from the works council.
On April 2, 2020, the U.S. Department of Labor (DOL) issued new guidance on unemployment insurance (UI) for states responding to COVID-19, under the recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act.
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is intended to stimulate the U.S. economy in light of the COVID-19 pandemic. The CARES Act contains a number of provisions relating to employee benefits and executive compensation.
In light of the economic impact COVID-19 has had on both the businesses that have been forced to close and their employees, the Puerto Rico Treasury Department is extending certain benefits.
