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Senate Approves Additional $321 Billion for SBA Paycheck Protection Program
Update: This blog post was originally published on April 21, 2020. On April 24, President Trump approved $321 billion in additional funding for small businesses. This is part of $484 billion allocated in that legislation, intended to bolster the American economy at this time. More federal funds may soon be on their way to small businesses throughout the country. […]
What the CARES Act Could Mean for Your Organization
Part of Paycom’s job – especially in the thick of the current COVID-19 situation – is to keep you informed about new legislation with direct impact on employers. The Coronavirus Aid, Relief, and Economic Security (CARES) Act is certainly no exception. Signed into federal law on March 27, the CARES Act is a $2 trillion […]
How the Families First Coronavirus Response Act Impacts Employer Leave Policies
The federal government recently has taken several steps to mitigate the effects of the coronavirus pandemic. Of special relevance to HR professionals is the Families First Coronavirus Response Act (FFCRA), which was signed into law on March 18. In general, the legislation focuses on private-sector organizations employing fewer than 500 people. Read about the Coronavirus […]