WEBINAR: Reopening the Workplace (After the Coronavirus Shutdown)

Join Employco USA to learn the latest tips and best practices for getting your location and employees ready to return to work.

During this FREE webinar, we’ll cover:

  • Review of federal, state, and local guidance
  • Advice to assess the risk of your building and processes
  • Tips to evaluate your workforce including an identification of returning and new employees
  • Key management tasks after reopening

You’ll also be able to get some clarity on human resource issues including unemployment and payroll. Employco provides HR and payroll solutions to businesses across the country.

There will be a brief presentation to begin the session, but most of the time will be dedicated to answering your specific questions!

FREE REGISTRATION
You’ll be able to join us at 1:00pm CT on Wednesday, June 3rd from your computer, tablet, or smartphone (you can also dial-in):

REGISTER HERE

You can also use our registration form to submit questions you’d like to see answered/covered during the webinar.

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WEBINAR: New PPP Loan Forgiveness Application & How to Maximize Forgiveness

Webinar 05/28/2020

Join Employco USA to learn the LATEST UPDATE from the SBA including the NEW Paycheck Protection Program (PPP) Loan Forgiveness Application and Instructions.

During this FREE webinar, we’ll:

  • Summarize the updated guidance released on May 15th
  • Discuss the new options to setup your 8-week measurement period for payroll and non-payroll costs
  • Provide details on how to calculate a FT vs FTE employee based on the new 40 hour per week threshold
  • Discuss tips to maximize the forgiveness, and talk about the rules for the portion of the loan that is not forgiven
  • Review how the forgiveness evaluation limits owners’ compensation
  • Illustrate forgiveness reductions through updated scenarios

You’ll also be able to get some clarity on human resource issues including unemployment and payroll. Employco provides HR and payroll solutions to businesses across the country.

There will be a brief presentation to begin the session, but most of the time will be dedicated to answering your specific questions!

FREE REGISTRATION
You’ll be able to join us at 10:00am CT on Thursday, May 28th from your computer, tablet, or smartphone (you can also dial-in):

REGISTER HERE

You can also use our registration form to submit questions you’d like to see answered/covered during the webinar.

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SBA Releases PPP Loan Forgiveness Application and Instructions

Employco USA, Inc.

BULLETIN
May 18, 2020 (UPDATE)

COVID-19

The U.S. Small Business Administration (SBA) has released the Paycheck Protection Program (PPP) Loan Forgiveness Application and Instructions. The new 11-page document includes references to “several measures to reduce compliance burdens and simplify the process for borrowers, including:”

  • Incurred or Paid – Borrowers have increased flexibility to include eligible payroll and non-payroll expenses paid or incurred during the 8-week period.
    • Payroll costs incurred but not paid during the borrower’s last pay period of the 8-week period are eligible if paid on or before the next regular pay date.
    • Non-payroll costs (e.g., utilities) can be paid on or before the next regular billing date, even if the billing date is after the 8-week period.
  • 8-week Period – Borrowers have an 8-week (56 day) period to use as the covered period.
    • The 8-week period for borrowers with semi-monthly (or less frequent) payroll will start on the same day as the PPP funds were received. Example: if funds were received on Monday, April 20, the first day of the period is April 20 and the last day is Sunday, June 14.
    • The 8-week period for borrowers with bi-weekly (or more frequent) payroll includes an alternative option. These borrowers can elect to start their 8-week period on the first day of the first pay period following the receipt of the PPP funds. Example: if funds were received on Monday, April 20 and the first day of the next pay period is Sunday, April 26, the alternative period start date would be April 26 and the last day is Saturday, June 20.
  • Full-Time / Full-time Equivalent (FTE) – Full-time employee counts are established based on a 40-hour work week. To calculate the average FTE, divide the average number of hours paid per week by 40, and round the total to the nearest tenth. The maximum for each employee is capped at 1.0. A simplified method that assigns a 1.0 for employees who work 40 hours or more per week and 0.5 for employees who work fewer hours may be used at the election of the Borrower.
  • Owner Compensation Limit – Amounts are capped at the lesser of the 8-week equivalent of their 2019 compensation for any owner-employee or self-employed individual/general partner, or $15,385 (the 8-week equivalent of $100,000) per individual. This prevents an owner from increasing his/her compensation during the 8-week period.

Over the next several days, we will release an updated list of the most frequently asked questions along with an invitation to an UPCOMING WEBINAR designed to address the new PPP application and instructions.

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Podcast: The Reopening of Trade Shows

Rob, Scott, and Jason with special guest Larry Arnaudet (Executive Director of ESCA) discuss the reopening of trade shows; from ESCA’s health and safety guidelines for the exhibitions industry, to suggested best practices, show floor recommendations, what phase trade shows are in across the country, scheduled openings and cancellations, what listeners can do (Global Exhibitions Day, June 3rd), and more.

You can find more information on ESCA (Exhibition Services & Contractors Association) online at: https://www.esca.org

To find out more on Global Exhibitions Day (GED) taking place June 3rd, you can visit: http://www.globalexhibitionsday.org

Podcast: The Reopening of Trade Shows

Contact us with any questions you may have, we’re here to help: hr@employco.com

Webinar: Paycheck Protection Program (PPP) Loan Update & How to Maximize Forgiveness

Employco Webinar, 05/07/2020

Many of you have questions about the Paycheck Protection Program (PPP) loan and we’d like to help break it down by giving you the opportunity to participate in a FREE webinar entitled:

Paycheck Protection Program (PPP) Loan Update & How to Maximize Forgiveness” with Employco USA.

During this webinar, we’ll:

  • Summarize the law
  • Provide details on the 8-week measurement period
  • Discuss tips to maximize the forgiveness
  • Talk about the rules for the portion of the loan that is not forgiven

You’ll also be able to get some clarity on human resource issues including unemployment and payroll. Employco provides HR and payroll solutions to businesses across the country.

There will be a brief presentation to begin the session, but most of the time will be dedicated to answering your specific questions!

FREE REGISTRATION
You’ll be able to join us at 10:30am CT on Thursday, May 7th from your computer, tablet, or smartphone (you can also dial-in):

REGISTER HERE

You can also use our registration form to submit questions you’d like to see answered/covered during the webinar.

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Updating the Break Room: Making Your Office COVID-19 Compliant

Employment expert explains what changes companies should implement ASAP

COVID-19While millions of employees are now furloughed or working from home, for essential employees, it’s important to ensure that workplaces are modified to address COVID-19 concerns.

Rob Wilson, President of Employco USA and human resources expert, says that your break room and common spaces should feature verbiage that reflect the new changes to workers’ rights.

“The U.S. Department of Labor (DOL) has issued regulations to implement the paid leave mandates of the Families First Coronavirus Response Act (FFCRA),” says Wilson. “The regulations provide direction for administration of the Emergency Paid Sick Leave Act (EPSLA) and the Emergency Family and Medical Leave Expansion Act (EFMLEA). These new regulations will change your company’s sick leave policy, and you need to make sure that these changes are posted in an easily accessible area for all of your workers to see.

Under the Emergency Paid Sick Leave Act, employers must provide up to 80 hours of paid sick leave to employees who need to take leave from work for certain specified reasons related to COVID-19. And, under the Emergency Family and Medical Leave Expansion Act, certain employers must provide up to 10 weeks of paid, and two weeks of unpaid, emergency family and medical leave to eligible employees if the employee is caring for his or her son or daughter whose school or place of care is closed or whose child care provider is unavailable for reasons related to COVID-19.”

Wilson also encourages companies to contact employees with e-flyers about these changes.

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New Employee-Facing Materials (COVID-19)

Employco USA, Inc.

BULLETIN
April 09, 2020 (UPDATE)

COVID-19

The U.S. Department of Labor (DOL) has issued regulations to implement the paid leave mandates of the Families First Coronavirus Response Act (FFCRA). The regulations provide direction for administration of the Emergency Paid Sick Leave Act (EPSLA) and the Emergency Family and Medical Leave Expansion Act (EFMLEA).

  • Emergency Paid Sick Leave Act: Requires that certain employers provide up to 80 hours of paid sick leave to employees who need to take leave from work for certain specified reasons related to COVID-19.
  • Emergency Family and Medical Leave Expansion Act: Requires that certain employers provide up to 10 weeks of paid, and two weeks unpaid, emergency family and medical leave to eligible employees if the employee is caring for his or her son or daughter whose school or place of care is closed or whose child care provider is unavailable for reasons related to COVID-19.

Employee Leave Request Flyer (NEW): We have created a new flyer that employers can provide to their employees who request leave under the FFCRA. The optional flyer summarizes the documentation that an employee will need to provide to their employer in order to substantiate the leave request. Click the following link to access the Employee Leave Request Flyer.

Required Notice: Each covered employer must post a notice of the Families First Coronavirus Response Act (FFCRA) requirements in a conspicuous place on its premises. An employer may satisfy this requirement by emailing or direct mailing this notice to employees, or posting this notice on an employee information internal or external website. Click the following link to access the Required Notice.

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Temporary Benefit Plan Changes (COVID-19)

Employco USA, Inc.

BULLETIN
April 08, 2020 (UPDATE)

COVID-19

Through provisions of the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief and Economic Security Act (CARES Act), company benefit plans are experiencing temporary changes geared towards a more employee-friendly offering.

Medical Plan Coverage: UnitedHealthcare – the nation’s largest insurance company – and other large insurers are waiving cost sharing and copays for coronavirus disease 2019 (COVID-19) treatments. While each company differs in how long the waivers will be in place and what other costs will be waived, these announcements are part of a cross-country effort to help individuals access affordable care during the COVID-19 pandemic.

HDHPs and HSAs: Allows telehealth and other remote care services to be covered under a high deductible health plan (HDHP) before the deductible is met, without affecting the HDHP’s compatibility with health savings accounts (HSAs).

OTC Eligibility: Over-the-counter (OTC) medications, along with menstrual care products, will be qualified as medical expenses that may be paid for using HSAs or other tax-advantaged arrangements, such as health flexible spending accounts (FSAs) or health reimbursement arrangements (HRAs).

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Paycheck Protection Program (PPP) Loans

Employco USA, Inc.

BULLETIN
April 01, 2020 (UPDATE)

COVID-19

On Tuesday, March 31, the Department of the Treasury released information and documents related to the high profile Paycheck Protection Program (PPP) loans covered under the CARES Act. Included in the release:

Starting April 3, 2020, small businesses and sole proprietorships can apply.

Starting April 10, 2020, independent contractors and self-employed individuals can apply.

You may want to apply as quickly as you can because there is a funding cap.

You can apply through any existing SBA lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating.

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