On March 27th, the President signed the Coronavirus Aid, Relief, and Economic Security Act (CARES). This is primarily an economic stimulus package; however, there are certain employee benefit-related items. This issue of the Benefit Minute discusses these items and provides a brief overview of certain other major provisions.
Unsung Heroes on the Frontlines – Our Medical Professionals While many of us are safe, secluded in our homes, health care professionals do not have that luxury. As a matter of fact, their working situation is more dire than ever! Many medical practitioners on the frontlines are feeling immense stress and pressure brought about by the […]
The Department of Labor has issued additional Questions and Answers providing more compliance assistance for implementation of the Emergency Paid Sick Leave Act (EPSL) and the Emergency Family and Medical Leave Expansion Act (EFMLA) provisions of the Families First Coronavirus Relief Act (FFCRA). Highlights of the additional DOL Questions and Answers are discussed below.
On March 24, 2020, the Department of Labor issued Questions and Answers addressing certain aspects of the Emergency Paid Sick Leave Act (EPSL) and the Emergency Family and Medical Leave Expansion Act (EFMLA) provisions of the Families First Coronavirus Relief Act (FFCRA). This is the first round of compliance assistance regarding the new law, and […]
Remember when we said that cybersecurity is important? Well, now is the time to listen. As you are probably reading this from your basement, kitchen table, or makeshift office I don’t need to tell you that COVID-19 has changed the way we work literally overnight. Not only do many of us have new, louder, messier […]
As of late, all risk management professionals have been engaging in challenging conversations with their clients. The unfortunate truth is that the insurance industry never anticipated a major outbreak like the Coronavirus, and therefore, has not drafted any policy to provide specific coverage for this scenario. We are in uncharted territory. At the moment, it […]
While so much of the economic impact to businesses stemming from the Coronavirus is seemingly uncovered by insurance policies, there are conditions under which employers may feel some relief. Workers Compensation is the area where we may see some coverage for a directly infected employee, if it can be proven the infection was contracted in […]
With many businesses closing or switching to remote work due to current events, many buildings and storage yards are unattended. Aside from installing or reactivating central station monitored alarm systems, here are ways you can keep your business safe from theft.
“Psychologists define resilience as the process of adapting well in the face of adversity, trauma, tragedy, threats, or significant sources of stress — such as family and relationship problems, serious health problems, or workplace and financial stressors. As much as resilience involves ‘bouncing back’ from these difficult experiences, it can also involve profound personal growth.” […]