The PPP loan is a valuable resource for many business owners, especially for employers who have employees with unemployment insurance. With the new loan, employers will have the ability to pay their employees as they would normally and can avoid paying unemployment taxes. This all sounds great, but PPP loans are confusing to employees, and many wonder whether their employer’s PPP loan will alter their unemployment insurance statuses. Do PPP loans affect employees’ unemployment benefits? Let’s find out.
THE TIMESHEETS.COM JOURNAL Posts
Working remotely is a trend that has grown tremendously over the past ten years. In fact, as of 2020, about 4.7 million people in the United States work from a home office and find remote work normal. Recently, countless more have joined the remote workforce as a response to the coronavirus. With lockdown orders in place, many people who’ve never worked virtually before are transitioning to an online setting.
You may have recently joined over 8 million Americans as a part of the remote workforce. Like many others, you may have a little trouble getting into the swing of things and finding your rhythm, especially when it comes to organization and discipline. Although you may be new to the remote workforce and it may seem overwhelming, you’ll find that you can actually improve your productivity. Here are some tips for getting the most out of your workday:
Contribution by: Luke Smith
Trade shows are the second-largest source of B2B revenue. Exhibitors have access to thousands of buyers, all in one place. No other form of marketing provides such a concentration of targeted customers solely there to purchase or learn more about a specific product or industry. But the current COVID-19 pandemic has halted the trade show circuit in its tracks, leaving many businesses scrambling to find marketing and sales alternatives.
Contributed By: Kristin Savage
Contributed By: Kristin Savage
Every company wants to ensure that they make carefully considered investments. Employees, for instance, are one of the most valuable investments a business can make. Employers spend copious amounts of time and resources ensuring that their employees are properly trained and that they are provided with adequate benefits. Employers hope that this ensures long-term employee retention and that it will fortify the company’s overall future.
Many businesses are facing economic hardships now that the coronavirus has considerably slowed consumer spending. Without an influx of income, many business owners made tough decisions to cut employee hours and pay throughout the past few weeks. As a result of this change, anxious employees try to figure out how to balance their new financial situations. In response to coronavirus’ economic effect on businesses, the federal government took action to provide relief.
When attempting to compete for and retain the best talent available, employee experience is the name of the game. 83% of HR leadership rate employee experience (EX) as “important” or “very important” to their overall business success. EX keeps employees engaged in their day-to-day work and satisfied with their current positions.
Improving employee experience is a widely-accepted aspect of business. It’s a great practice, yet an astonishingly low number of organizations actively put work into their EX programs. A majority (60%) of employees in the US have a channel for giving feedback. However, on their employee experience, only 30% report that their employer actually uses insights from their responses to enact a positive change.
In the last 15 years, I’ve generated less than one file cabinet drawer’s worth of paper. Most of that paper can be thrown out now, as everything is available online. None of us are strangers to the wonders of the internet at this point in our evolution, but it’s still no less remarkable. For many of us, the internet just kind of snuck up on us, but for others, the internet was attacked aggressively to achieve new possibilities. The latter applies to my business, Timesheets.com, and how I’m able to manage my 20 office-less workers and several thousand customers from my phone.
Throughout the past few weeks the coronavirus has left the world empty and desolate. With lockdown measures and social distancing orders in place, people refrain from going to restaurants, communicating in-person, and going to work. As the nation adjusts to this austere new lifestyle, consumerism has slowed down immensely. Consumers are only buying the essentials, which means they aren’t spending like they used to. Of course, when people aren’t spending money, businesses don’t make money. Therefore, many business owners have had to make tough decisions to stay afloat.
Whether you work at a startup, nonprofit organization, small business, or large corporation, remote work has become normalized in recent years. In fact, working from home is so normal, that over the last ten years remote work has increased about 91%. Although a large majority of companies have remote employees, many businesses still prefer that their employees come into the office every day to communicate face-to-face. Although traditional shared collaboration spaces work for some, remote work is a reality everyone will soon face. With the rise of the coronavirus, businesses everywhere are struggling to figure out how to manage their company without one central location.
Giving your employees time off is a benefit that isn’t required by the FLSA. Since time off is nonobligatory, most employers believe that they are exempt from paying out employees when they leave. Although the federal government doesn’t regulate time off and payouts, state governments have different rules.
Contribution by: Danielle Feiger
Recently, Timesheets.com updated the service to include a notification of any records exceeding a specified value when closing a payroll period. This new feature intends to resolve meal break violations. California, specifically, has a law that requires employees to take a 30-minute lunch break for every 5 consecutive hours worked when the employee works more than 6 hours in a single day. An employer must relieve an employee of all tasks and duties during this meal break period. If the employee does not get a meal break—during which they are relieved of their work duties—for each five consecutive hours worked, a violation occurs. A meal break violation is payable to the employee at the rate of one hour at regular pay. Violation pay does not count towards overtime calculations.