Skip to main content

Posts

Showing posts from February, 2021

FACT SHEET: Biden-Harris Administration Increases Lending to Small Businesses in Need, Announces Changes to PPP to Further Promote Equitable Access to Relief

FACT SHEET: Biden-Harris Administration Increases Lending to Small Businesses in Need, Announces Changes to PPP to Further Promote Equitable Access to Relief February 22, 2021 Small businesses account for 44 percent of U.S. GDP, create two-thirds of net new jobs, and employ nearly half of America’s workers. Now, millions of main street small businesses – especially Black- and Brown-owned small businesses – are struggling to make ends meet in the wake of the COVID-19 pandemic and resulting economic crisis. The Biden-Harris administration has made delivering equitable relief to hard-hit small businesses a top priority. The latest round of Paycheck Protection Program (PPP) funding opened just one month ago and it represents a marked improvement on the prior round of the Program last year. Compared to the same point in the Program last year: · The share of funding going to small businesses with fewer than ten employees is up nearly 60 percent · The share of funding going to s

Updated Guidance on COVID-19 Quarantines

The CDC has amended their guidance about quarantining if exposed to COVID-19. Those who received both doses of the vaccine will not be required to quarantine if they meet the time constraints. Individuals who completed the 2nd dose at least 2 weeks prior and no more than 3 months ago will not be required to quarantine if they are exposed and showing no symptoms. To see the changes to the guidance, go to https://www.cdc.gov/vaccines/covid-19/info-by-product/clinical-considerations.html

Employer Groups Seek Clarity on COVID-19 Vaccination Incentives

As the COVID-19 vaccinations become more widespread, companies are considering whether or not they should require their employees to be vaccinated and/or whether they should incentivize them to do so. Before you decide to provide any type of incentive for getting vaccinated, you should read the article just released by the Society for Human Resource Management (SHRM) below. SHRM and coalition partners ask the EEOC about financial rewards By  Stephen Miller, CEBS February 5, 2021 As the COVID-19 vaccine becomes more widely available, there are legal factors employers should bear in mind when deciding whether to offer incentives to encourage vaccination. The Society for Human Resource Management (SHRM) is part of a coalition of employer groups asking the U.S. Equal Employment Opportunity Commission (EEOC) for guidance. These business leaders are seeking answers about whether incentives of more than minimal value are legal. Answers Sought In a Feb. 1 letter,  SHRM and 41 other business gr