State of Emergency 8: Top 3 Benefits ( $ 2 Trillion and $ 2 Million )

Have you heard about the benefits you and your team may receive due to the $ 2 trillion emergency spending bill that President Trump just signed into law today ? In this 4-minute podcast is a summary of 3 key benefits leaders like YOU should be aware of. If you have questions, let me know by submitting them via https://ceoblindspots.com/

In addition, here are the top 3 benefits for company leaders,  summarized and generously provided to us by Crosby Brito, Michelle Castrow, and Susan Dixon, team members at the Gulf Coast Workforce Board – Workforce Solutions;

1) “Work Share Program.” Employers should consider alternatives to Layoffs and Furloughs, with the “Work Share Program” option;

a) Supplement their employees’ wages lost because of reduced work hours with partial unemployment benefits.

b) Reduce normal weekly work hours for employees in an affected unit by at least 10% but not more than 40%.

2) Employers may reach out to the Workforce Solutions HR Consultants who can provide essential guidance that meet their unique business         challenges: 713.688.6890 or https://www.wrksolutions.com/for-employers

3) Economic Injury Disaster Loan assistance is available. Small businesses and private, non-profit organizations that have experienced substantial economic injury due to the Coronavirus (COVID-19) may now begin the registration and application process for low-interest federal disaster loans. Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to help overcome the temporary loss of revenue. For additional information, visit www.sba.gov/disaster,  and contact the SBA Disaster Assistance Customer Service Center at 800.659.2955 or email disastercustomerservice@sba.gov