Paycheck Protection Program Starts TODAY The Paycheck Protection Program (PPP) is an SBA loan that helps small businesses (fewer than 500 employees) keep their workforce employed during the COVID-19 crisis. We at Parrott advise you– before you give your employees the option to take unemployment, look into the PPP first! It is a forgivable...
Read MoreSince the enactment of the Families First Coronavirus Response Act (FFCRA) on March 18, the Department of Labor (DOL) has released a mandatory employee rights poster. Please post or distribute to your employees electronically (via email or online portal) immediately. FFCRA Mandatory Employee Rights Poster More information on the requirements can...
Read MoreThe U.S. Chamber of Commerce has prepared a guide and checklist for Small Businesses who may need an emergency loan because of the coronavirus crisis. This document answers the following questions you may have: Is your business eligible? What are lenders looking for (and, what are they not looking for)? How much can your business borrow? Will the loan...
Read MoreResponding to the COVID-19 crisis, Sun Life has released a recording of their webinar: Employment Law Compliance Issues for Employers. This webinar is available on Sun Life’s COVID-19 resource page at www.sunlife.com/coronavirus. A Q&A document will be created from the questions that were submitted during the webinar and it will be posted to...
Read MoreAs the number of reported COVID-19 cases continues to rise, employers are increasingly confronted with the possibility of an outbreak in the workplace. HR360 has provided a series of PDFs that cover key coronavirus topics. Parrott Insurance will be emailing these PDFs to our clients. Below is a quick summary of the COVID-19 topics: Coronavirus and the...
Read MoreAs a result of the COVID-19 pandemic, Trustmark is offering the following accommodations to help employers who are adversely affected: Billing Grace Period on Fees, Premium and Funding: An additional 30-days grace period will be granted on administration fees, stop loss premium, and benefit plan claim funding. Please note, during such extension,...
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