The Unprecedented Employer Subsidies This Week To Avoid Layoffs

(This is the third in a series on the impacts of the coronavirus on employment and the workplace. Read the first and second part.)

The federal stimulus, approved last Friday, includes unprecedented financial incentives for employers to retain employees or bring back employees laid off after March 1, 2020. Whether they succeed or not remains to be seen. However, these incentives go well beyond the layoff aversion strategies of previous Stimulus efforts dating back to World War II.

To read the full text of this article by Duane Morris attorney Michael Bernick, with comments from  Nanette Heide and Meagan Garland, please visit the firm website.

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The opinions expressed on this blog are those of the author and are not to be construed as legal advice.

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