Employers face unique legal and financial challenges in connection with the COVID-19 pandemic. One such challenge includes the impact of a potential furlough, workforce reduction, or facility closures on benefit plan...more
4/16/2020
/ Benefit Plan Sponsors ,
Business Closures ,
Business Interruption ,
CARES Act ,
Centers for Medicare & Medicaid Services (CMS) ,
Compensation & Benefits ,
Compliance ,
Coronavirus/COVID-19 ,
Employee Benefits ,
Employer Liability Issues ,
Federal Loans ,
Financial Stimulus ,
Health Care Providers ,
Healthcare Facilities ,
Lenders ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief
Many employers offer compensation packages that include a mix of both base compensation (guaranteed wages or salary) and incentive compensation (at-risk variable compensation). While base pay tends to be relatively...more