Tag: unemployment benefits

tax

IRS Extends Health Coverage Tax Credit through 2021

The Internal Revenue Service (IRS) announced on December 28 that it will extend the Health Coverage Tax Credit (HCTC) through December 31,  2021. The HCTC, which allows a tax credit to offset up to 72.5 percent of the cost of health insurance premiums, applies to workers who lost their jobs due to trade-related reasons or […]

net

How to Create a Psychological Safety Net for Employees

As we deal with the coronavirus pandemic’s fallout, employees everywhere are craving security. Nearly 1 million people have applied for unemployment benefits each week since March, raising the total number of unemployed workers in the United States to more than 16 million, at the time of this writing. These figures are grim, but they point to an […]

COVID-19

5 Scenarios: What to Do When Employee Refuses to Return

Although most states have moved into phases two or three of reopening, the ever-growing number of positive coronavirus cases presents ongoing hurdles for employers seeking to bring employees back into the workplace. So, what happens if an employee refuses to return?

workplace

5 Tips for HR Managers Hiring in the New Reality

COVID-19 drastically changed the global employment landscape—and it changed it quickly. Within a matter of months, there were more than 20 million Americans seeking unemployment benefits. It is clear that rebuilding during the economic downturn and getting Americans back to work will be a long, hard climb.

displaced

Furloughed vs. Fired

By the time you read this article, you have probably already been personally affected by the economic ramifications of the coronavirus. Many organizations have already begun rounds of terminations. Others have opted for mandatory furloughs for employees. Still others have opted for some combination of the above, along with other measures, to keep them afloat […]