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The new COVID relief package promised to make PPP loan forgiveness easier. The question is: Did it deliver? The answer seems to be yes. On January 19th, the SBA released a simplified version of the loan forgiveness application for loans of $150k or less. It requires less documentation and makes the process way easier. And, let’s be
Paycheck Protection Program (PPP) Status: Open! All lenders are eligible to submit applications for a 1st or 2nd Draw PPP loan. Deadline: March 31, 2021, if funding is still available Small businesses and eligible nonprofits may apply for their first PPP loan or, if they meet the criteria, a second PPP loan, if they have
Due to confusion among California employers, Cal/OSHA has revised guidance for the emergency COVID-19 regulations that took effect on Nov. 30, 2020. Under the emergency regulations, employers were required to take a number of actions to safeguard their workers against the coronavirus, but the rules have caused much confusion among businesses. Guidance issued in December
A new law will make it easier for insurers to settle workers’ compensation claims with older workers who are enrolled in Medicare, in an attempt to resolve an issue that can sometimes drive up premiums for affected employers. The law adds transparency by letting workers’ comp insurers inquire about whether Medicare may have been used
As the COVID-19 pandemic continues, so does the number of workplace-related lawsuits filed by workers across the country against their employers. The pandemic laid the groundwork for new local, state and federal laws and regulations governing a number of workplace issues like workplace safety, family and medical leave and remote work. At the same time,
Question: What is the minimum amount of time that a salaried exempt employee must work to be paid for the entire day? Answer: If an exempt employee does any work, they must be paid for the full day—there is no minimum. For example, if an employee worked the first 20 minutes of their usual 8-hour
Employers with 10 or more employees must post their completed Cal/OSHA Form 300A by Feb. 1 and keep it posted in their workplace until April 30. The form must be posted where the company usually posts other employee notices, like minimum wage and workplace safety notices. Form 300A summarizes the total number of fatalities, missed
With so many people working from home during the COVID-19 pandemic, logic would dictate that instances of workplace sexual harassment would have reduced. Unfortunately, sexual harassment of employees by other employees or superiors has moved online, according to recent reports. In fact, since the pandemic has started, the nonprofit Stop Street Harassment found that there
The Equal Employment Opportunity Commission has affirmed that employers can mandate COVID-19 vaccines for employees, subject to some limitations. The EEOC’s updated guidance offers direction regarding employer-mandated vaccinations, accommodations for employees who cannot be vaccinated due to a disability or sincerely held religious belief, and certain implications of pre-vaccination medical screening questions under the Americans
The commercial insurance rate hikes that have been ongoing since 2017 are expected to continue into 2021 with double-digit increases for most lines of insurance, according to a new report. The survey of insurance executives by Alera Group Inc. forecasts that commercial rates will increase across all lines nationwide by an average of 11.6% this
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