Widespread quarantines and general uncertainty related to this pandemic has left employers in positions to unexpectedly send employees home on furlough or even on layoff. Below you will find resources on these topics.
Click on an article to learn more:
- Furloughs and Other Temporary Responses to COVID-19
- Alternatives to Layoffs: Furlough Options
- DOL FAQs Regarding Furloughs and Other Reductions in Pay and Hours
- COVID-19 Sample Furlough Letter
- COVID–19 and Employee Termination and Benefits Consideration
- Sample letter – Office closing for COVID-10
- COVID-19 News for Employers: Unemployment Insurance
- States Relax Unemployment Benefit Eligibility for Coronavirus
- Tennessee Unemployment Insurance Benefits and Coronavirus
Employers considering furloughs or layoffs should review the recently passed CARES Act and the assistance it includes to help small business stay afloat and keep their employees employed. The loan options could pay operational costs like payroll, rent, health benefits, insurance premiums, utilities, etc. However, employers should be careful to note that these loans can be forgiven only if the businesses pledge not to lay off their workers.
Click here to read more about the $2 Trillion stimulus package.