On April 2, 2020, the U.S. Department of Labor (DOL) issued new guidance on unemployment insurance (UI) for states responding to COVID-19, under the recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act.
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is intended to stimulate the U.S. economy in light of the COVID-19 pandemic. The CARES Act contains a number of provisions relating to employee benefits and executive compensation.
In light of the economic impact COVID-19 has had on both the businesses that have been forced to close and their employees, the Puerto Rico Treasury Department is extending certain benefits.
In response to the COVID-19 crisis, the Federal Government of Canada has made changes to Employment Insurance (EI) Sickness Benefits and its Work-Sharing Program to assist eligible employers and employees.
In light of the recent coronavirus pandemic, many businesses will inevitably be forced to reduce employees’ hours and thus their compensation. As a result, employees may be eligible to file for partial unemployment benefits.
The recent outbreak of the coronavirus (COVID-19) has implications specific to Rhode Island employers. On March 16, 2020, Governor Raimondo issued a directive that restaurants and similar businesses remain closed for eat-in dining.
The IRS has issued Notice 2020-15, allowing HSA-compatible high deductible health plans to provide coverage for testing and treatment of COVID-19-related services without an annual deductible requirement or with a lower annual deductible.
Whether a wrongfully dismissed employee is entitled to damages as compensation for the value of incentives that would have vested during the reasonable notice period is frequently litigated in Canada.
