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THE FUNDAMENTALS OF PERFORMANCE MANAGEMENT

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The right performance management process for your organization depends in large part on what you want to accomplish with it and what you’re willing to invest in it. Here are some principles to keep in mind when deciding on your policy and performing assessments: Performance reviews are often stressful and difficult because the employees don’t … Continued

MEDICAL LOSS RATIO (MLR) REBATES 2020

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Are you an employer that is receiving a rebate check from your group medical insurance carrier? September 30 is the deadline for insurers to issue rebates, if required, under the Affordable Care Act’s medical loss ratio (MLR) rule. It is estimated that insurers will return over a quarter billion dollars to employer groups this year. … Continued

THREE TIPS FOR BUSINESS LEADERS WHO ARE CONSIDERING REOPENING OFFICES

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How businesses navigate their employees and customers through this pandemic will shape their culture and brand for years to come. As business leaders consider reopening offices, it’s essential not only to make the necessary modifications for health and safety but also to build trust with your employees. Here are three tips: 1. Survey employees to … Continued

New Policies for Returning to Work Post COVID-19

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As more states either re-open entirely or unveil multi-step plans to return to normalcy in the coming months, some businesses will have the opportunity to phase out remote operations and return to on-site working. But just like every other aspect of our lives when quarantine ends, the office is going to be a different place … Continued

Tips for Effectively Leading During a Crisis

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The coronavirus crisis is, in a word, unprecedented. Business executives and department heads find themselves facing challenges that even a few months ago would have seemed unfathomable. As the world grapples with the anxiety and fear of a global pandemic, one recurring theme that has arisen is the uncertainty of it all. Every message we … Continued

CARES ACT- SMALL BUSINESS LOAN OVERVIEW

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In response to the American economy reeling from the coronavirus (COVID-19) pandemic, the federal government recently signed into law the Coronavirus Aid, Relief and Economic Security Act (CARES Act). Among other provisions, the CARES Act provides businesses suffering under the debilitating effects of the pandemic with unprecedented access to emergency loans. This document will serve … Continued

SBA & TREASURY BEGIN UNPRECEDENTED PULIC-PRIVATE MOBILIZATION TO DISTRIBUTE FUNDS

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  Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they need. The CARES … Continued

Senate passes $2 trillion Covid-19 relief bill

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Senate Passes $2 Trillion Coronavirus Relief Bill Late Wednesday, March 25, 2020—after days of debate—the Senate approved a $2 trillion economic rescue package designed to provide financial assistance to Americans and their families, and billions of dollars in loans for businesses. Voting in the House of Representatives is expected Friday. The package is the largest … Continued

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