News & Analysis as of

Pay Reductions Furloughs

Greenbaum, Rowe, Smith & Davis LLP

Paycheck Protection Program Update: SBA Issues New FAQs on PPP Loan Forgiveness

In its continuing effort to provide guidance on the Paycheck Protection Program, the Small Business Administration (SBA) released new Frequently Asked Questions (FAQs) specifically targeted to the Loan Forgiveness process on...more

Fisher Phillips

COVID-19 Conflicts Lead To Breach Of Contract Claims Against Employers

Fisher Phillips on

Though sometimes overlooked given the abundance of federal and state statutory claims, employers must remember that their existing contractual obligations remain in place during the pandemic. As a review of the Fisher...more

McAfee & Taft

COVID-19: Round-up of recent DOL guidance and developments

McAfee & Taft on

The effect of furloughs on FFCRA leave - Due to the financial impact of the COVID-19 pandemic, many employers have had to make the difficult decision to furlough members of their workforce. A furlough is not a layoff or...more

Dechert LLP

Employees made redundant during furlough are entitled to statutory redundancy payments and statutory notice payments based on...

Dechert LLP on

In this OnPoint, we report on the legislation now enacted requiring employers to use an employee’s normal unreduced pay when making statutory redundancy and other payments to those whose employment is terminated while they...more

Proskauer - Law and the Workplace

Cost-Saving Alternatives to Layoffs During the COVID-19 Pandemic

Due to the sudden economic turbulence resulting from the COVID-19 pandemic, employers have been exploring ways to temporarily reduce operating costs. Many employers are seeking alternatives to layoffs. Such alternatives may...more

Davis Wright Tremaine LLP

COVID-19 Checklist for California Employers Reducing Labor Costs

While state, county, and city stay-at-home orders allow essential businesses to continue to operate and others to work from home, many organizations must respond to an immediate, sharp decrease in revenue. For California...more

Goodwin

Labor Cost Reduction Options for Employers in a Distressed Economy: The CARES Act and Other Considerations

Goodwin on

Employers are considering whether to implement layoffs, furloughs or hours reductions in light of the economic uncertainty arising from the COVID-19 pandemic. This alert reviews significant considerations for employers that...more

Orrick - Employment Law and Litigation

Reducing Salary Costs Across the Globe – An Overview of COVID-19-Related Work Hour Reduction and Furlough Schemes

As the COVID-19 pandemic continues to intensify and disrupt business across the globe, many international companies are facing the harsh reality of resorting to severe cost-saving measures to protect their financial health....more

Spilman Thomas & Battle, PLLC

COVID-19 Employer Checklist

1) Publish, circulate, and implement the latest CDC, local health department, and OSHA pronouncements on maintaining a healthy worksite and make sure you are stocked on essential product (soaps and sanitizers)....more

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