This section of the the Coronavirus Aid, Relief and Economic Security (CARES) Act is particularly applicable for NSCA members focused on stabilizing their companies during these unprecedented challenges.
The section titled “Keeping Workers Paid and Employed, Health Care Systems Enhancements, and Economic Stabilization” provides some guidance on staff reductions in a kind compassionate manner.
- With the passing of the $2 trillion U.S. Economic Rescue Package, a top priority is to assign someone in your company the accountability to gather, track, and help employees and the company get the aid to which you’re entitled
- This action will demonstrate to your employees that you are being proactive in seeking out the company’s well being, as well as supporting them in these challenging times
This excerpt from the CARES Act is a good start in understanding what businesses and individuals are entitled to.