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The Coronavirus Aid, Relief and Economic Security (CARES) Act: An employer’s guide

Insperity

Note that Accommodation & Food Services businesses (NAICS code starting with 72) are allowed 500 employees per location. Loans are available and serviced through existing SBA-certified lenders, including banks, credit unions and other financial institutions. Loan process. The CARES Act directs the SBA and the U.S.

Security 245
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6 ways to give employees purpose without sacrificing profits

Insperity

When a business fails to offer employees more than their standard salary and benefits, it misses an opportunity to fully engage its workforce, which may lead to turnover and flat growth. You might alternate hosting a holiday toy drive, a fundraiser and an afternoon working at a local food bank, for instance.

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Business owner beware: FLSA compliance and personal liability

Insperity

For example, a family member may draw a salary and perform a variety of tasks “as needed,” such as ordering office supplies and filling in when regular employees are out. I build extra pay into employees’ salaries to make up for any overtime. Employees working in an executive, administrative, or professional capacity may be exempt.

Legal 187
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Starbucks’s new CEO Niccol will make over $90 million in equity

Work Life

Niccol’s initial annual base salary will be $1.6 Niccol, who has been Chipotle’s CEO since March 2018, was instrumental in fixing the restaurant chain’s reputation after a series of food safety issues. million, Starbucks said in a filing. He will also receive a cash signing bonus of $10 million. and China.

Banking 98
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Everything You Need to Know About Emergency Funds

Success

If you have dependents, heavy debt or access to other funds, like a partner’s salary or unemployment insurance, the amount you need to save will vary. Consider the minimum amount you spend each month on non-negotiable expenses like: Housing Food Utilities Insurance (health, car, etc.) How much should an emergency fund be?

Banking 119
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How to Make Remote Employees Feel Connected with Wellness

WellSteps

Conversely, a strong sense of connection can foster wellbeing, positive work environments, and business success.

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Overcoming seasonal impacts on employee motivation

Insperity

When you think about motivating employees, you might naturally gravitate to things like: Generous salaries Good healthcare Paid time off Overtime Holiday breaks. And it doesn’t need to break the bank. When feasible, a simple staff gathering over budget-friendly food or beverages can be a smart way to spark camaraderie when it sags.