Update: Coronavirus Impact on the Workplace

Update: Coronavirus Impact on the Workplace

In last month’s Benefit Beat, we discussed Potential Impact of Coronavirus on the Workplace.  Much has happened since the time of that writing. 

On the federal front, the Families First Coronavirus Response Act was enacted on March 18, 2020, followed by the Coronavirus Aid, Relief, and Economic Security Act, known as the “CARES Act” on March 27, 2020.  Both of these laws make changes impacting a variety of benefit programs ranging from expansion of health coverage, providing leaves of absence, modifying retirement plan features and establishing certain tax credits for employers.  And, as a result, the regulatory agencies such as Department of Labor, the IRS and Equal Employment Opportunity Commission to mention a few, have been steadily issuing implementing rules, regulations and guidance to assist employers in their compliance with the laws.  A summary of these new federal laws and regulatory guidance is contained in the following CBIZ publications:

Many existing state and local laws provide for paid or unpaid sick leave, and medical and family leave for the employee’s own or his/her family member’s serious health condition.  In some localities, leave is also available in the event of a closure of school or business due to health or safety reasons.  Some jurisdictions have broadened existing sick leave or family and medical leave laws or enacting new emergency type leaves in response to coronavirus related events.  Please refer to the Chart of State Employment Benefit Laws, a component of the Employer Compliance Handbook referenced above, for a listing of state and local actions relating to leave laws, as well as resources available from state labor, unemployment and insurance departments. 

All three of these publications are updated as guidance is issued, and are available from our dedicated CBIZ COVID-19 Resource Center webpage.

 

Update: Coronavirus Impact on the Workplace~/Portals/0/PackFlashItemImages/WebReady/Coronavirus-workplace.jpghttps://www.cbiz.com/Portals/0/liquidImages/WebReady/Coronavirus-workplace.jpgIn last month’s Benefit Beat, we discussed the Potential Impact of Coronavirus on the Workplace.  Much has happened since the time of that writing. ...2020-04-26T21:20:16-05:00

In last month’s Benefit Beat, we discussed the Potential Impact of Coronavirus on the Workplace.  Much has happened since the time of that writing. 

Regulatory, Compliance, & LegislativeEmployee Benefits Compliance