Employee Reduction Options During Coronavirus Crisis | 62
42m
·
EverythingHR Podcast
·
In just a week's time, life in the United States has changed dramatically. The Coronavirus Pandemic is causing businesses across the country to make very tough decisions about their workforces. Government Lockdowns and Stay-at-Home orders are causing workers to stay home and businesses to shut down. On this episode of the EverythingHR Podcast, Host Felicia G. Harris discusses how employers can implement a reduction of workforce in a way that results in the most money being provided to their people and at the least cost to their businesses. She'll discuss options available including, Family First, FMLA and UIA. The founder of EverythingHR and EverythingHR Financial Services, Felicia G. Harris is an HR and Financial expert with more than 30 years experience. She is working closely with government officials to help business owners navigate the maze of options for themselves and their workforces. She believes that finding the best solutions now, can help businesses bounce back when the crisis is over. SEND YOUR QUESTIONS TO [email protected] Find Daily Updates on our website under COVID-19 - https://elshaddaiconsulting.net/news/ Follow our LinkedIn Company Page - https://www.linkedin.com/company/everythinghr1
The episode Employee Reduction Options During Coronavirus Crisis | 62 from the podcast EverythingHR Podcast has a duration of
42:00. It was first published
More episodes from EverythingHR Podcast
Why Using WorkShare is Good for the Employer, Employee and State
This week on the EverythingHR Podcast, Felicia G. Harris, CEO of EverythingHR, discusses why WorkShare is good for employers, employees and states. WorkShare is a program that permits employers to maintain operational productivity during declines in regular business activity instead of laying off workers. Employers Win Business owners have been planning their reopen, but are concerned that employees will not want to return to work before the Pandemic Unemployment Assistance ends in July. By participating in WorkShare, employers are able to retain trained employees and avoid the expense of recruiting, hiring, and training new employees. Employees Win The employees who participate in the WorkShare program will be entitled to the employer wages, smaller state unemployment benefit, and PUA. As a result employees will earn more wages than their state unemployment and federal PUA benefit. States Win The CARES Act rewarded states for having a WorkShare program by picking up the tab for the unemployment payment to employees, relieving the burden off each state unemployment fund. Tune in Wednesday, May 6 at 8 a.m. www.everythinghr.net https://www.linkedin.com/company/everythinghr1 [email protected]
Enticing Employees Back with PPP & WorkShare
As employers begin planning to reopen their businesses with the help of PPP funding, they may find employees reluctant to return to work -- some for economic reasons, others due to health and safety worries. This week, EverythingHR CEO Felicia G Harris will discuss options and incentives available to entice workers back into the fold. Felicia is an HR innovator and certified financial expert with more than 30 years experience in business. Working with hundreds of small business owners during this Coronavirus Crisis, Felicia is hearing concerns that employees earning up to $962 a week are reluctant to come back to work, especially if they'll earn less money per week at their regular pay rates. It's a real concern especially as business owners are seeking Paycheck Protection Program funding, which requires employment levels to stay at certain levels in order to qualify for loan forgiveness. Felicia will take us through some options and strategies for bringing employees back to work. One possible solution is WorkShare. Tune in Wednesday, April 29 at 8 a.m. ET www.everythinghr.net https://www.linkedin.com/company/everythinghr1
CRE Strategies on Working with Your Landlord | 66
Lynn Drake, owner of Compass Commercial, joins EverythingHR Podcast host Felicia G. Harris to discuss strategies business owners can use when they need to ask their landlords for a reduction or delay in rent or lease payments to make it through the Coronavirus Crisis. Lynn is a commercial realtor who has 20 years of commercial real estate experience and expertise in corporate and institutional workplace design, planning, and project implementation. She works exclusively with tenants and buyers of commercial real estate in Michigan and across the country. Lynn is the author of Do You Speak Lease? She’ll discuss what you should do before reaching out to the landlord of your commercial office, industrial or retail space. Lynn will also go over financial and legal factors that you should review prior to reaching out to your landlord. Lynn Drake on LinkedIn: https://www.linkedin.com/in/lynndrake/ Compass Commercial on LinkedIn: https://www.linkedin.com/company/compass-commercial-llc/?viewAsMember=true Facebook: https://www.facebook.com/CompassCommercialRealEstate/ Felicia G Harris is the CEO of EverythingHR and EverythingHR Financial Services - www.everythinghr.net
Waiting on PPP or EIDL Loans? Financial Steps to Take in the Interim | 65
EverythingHR CEO Felicia G. Harris, an HR innovator and Certified Financial Planner, understands the difficulty facing many small businesses that have had to close down or drastically curtail their operations. Although the federal government approved the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which provides $349 billion for small business loans to cover qualified payroll costs, rent, utilities, and interest on mortgage and other debt obligations, many small businesses are struggling to survive while waiting for those loans to be approved. The Paycheck Protection Program (PPP) loans applications opened up April 3, but most business owners have not yet heard whether they have been approved. The Economic Injury Disaster Loan (EIDL)s are expected to provide up to $10,000 in relief, but business owners do not know how much they will receive if approved. For Americans who have invested everything in their businesses, their employees and customers, the wait and uncertainty are overwhelmingly stressful. Felicia G. Harris is going to walk us through some steps we can take to alleviate some of our business and personal financial worries. With more than 30 years as a financial advisor, she understands the landscape and the ways to best navigate the system. It is possible to get relief from some of the financial worries right away – even before federal relief arrives. To take advantage of the 90 days of free financial software access, find the link on our EverythingHR LinkedIn Company Page -https://www.linkedin.com/company/everythinghr1 www.everythinghr.net
Your employee tested positive for COVID-19. Now what? | 64
EverythingHR CEO and Founder Felicia G. Harris talks with James Reid IV, Employment and Business Attorney/ Partner at Dinsmore & Shohl LLP, about the options available to employers and employees when a worker tests positive for COVID-19. Although in many states only essential businesses are allowed to remain open, many employers are still able to operate using a remote workforce. As the number of postive cases of coronavirus rises daily across the United State, the chances that an essential onsite worker or a remote worker may contract the virus increases. Employers need to know the best options for handling that situation and what leave options are available under state and federal law. [email protected] https://www.dinsmore.com/