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.
The CARES Act creates a half-dozen new programs to help distressed businesses and workers deal with COVID-19 and related shutdowns. These programs include forgivable loans, tax credits, and expanded unemployment insurance.
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.
On March 27, 2020, the government of the Netherlands announced that the Temporary Benefit for Self-Employed Professionals ("Tozo") will be made available this week, as should the Temporary Emergency Bridging Measure for Sustained Employment ("NOW").
Littler surveyed more than 900 employers, based in North America and with operations around the world, on their concerns and the actions they have taken during the first few weeks of our new reality.
On March 27, 2020, Alabama State Health Officer Dr. Scott Harris executed a statewide Order suspending certain public gatherings due to the risk of infection by COVID-19.
On March 28, 2020, the U.S. Department of Labor (DOL) released its third batch of Q&As (#38-59) concerning the federal Families First Coronavirus Response Act (FFCRA).
Under Michigan’s Stay Home, Stay Safe Executive Order effective March 24, 2020, only essential businesses or operations that employ critical infrastructure workers are allowed to continue in-person operations.
