News

CARES Act Allows Tax-free Student Loan Assistance

CARES Act Allows Tax-free Student Loan Assistance

Among other measures aimed at easing student loan burdens during the coronavirus pandemic, the Coronavirus Aid, Relief and Economic Security Act (CARES Act) includes a provision that temporarily allows employers to make tax-free payments of up to $5,250 toward their employees’ student loans. Under this provision, employer payments toward their employees’ qualified educational loans between

CARES Act Allows Tax-free Student Loan Assistance Read More »

COVID-19 Emergency Paid Sick Leave and Family Medical Leave: Key Provisions

COVID-19 Emergency Paid Sick Leave and Family Medical Leave: Key Provisions

On March 18, 2020, President Trump signed into law the Families First Coronavirus Response Act, which goes into effect on April 2, 2020. The new law imposes sweeping new emergency paid leave and expanded family medical leave requirements for employers nationwide. Here is a summary of the key provisions affecting employers: EMERGENCY PAID SICK LEAVE

COVID-19 Emergency Paid Sick Leave and Family Medical Leave: Key Provisions Read More »

Best Practices for Performance Reviews

Performance Reviews: Best Practices

Performance Management is an important part of a company’s quality assurance and employee engagement strategies. Many companies formally evaluate an employee’s performance and progress after an initial introductory period and then again on an annual or semi-annual basis. Although performance evaluations can improve productivity and employee morale, many employers do not make them a high

Performance Reviews: Best Practices Read More »