FFCRA and CARES Act: What Employers Need to Know

Guests:

AJ Griffin, Paycom’s director of government and community affairs

Brian McManus, partner at Latham & Watkins LLP

With major legislation already passed, organizations must act now to ensure continued operation and compliance. On March 27, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. Among other provisions, employers may now elect to delay payment of their federal payroll taxes, and delay the deposit and payment of their Social Security taxes.

A week earlier, on March 18, Congress approved the Families First Coronavirus Response Act (FFCRA). Effective April 1, the FFCRA gives American businesses with fewer than 500 employees funds to provide COVID-19-impacted employees with paid leave, among other provisions. ​

What can your organization do today to ensure compliance?

In this episode of HR Break Room^®, host Caleb Masters talks with AJ Griffin and Brian McManus to discuss:

• how the new legislation may impact your business
• which businesses are covered employers and which employees may qualify for additional paid sick leave
• qualifications pertaining to Social Security tax credits and deferrals
• how technology can help keep your organization compliant and give you the tools you need to successfully navigate these changes

Learn more about how to navigate the changes presented by the FFCRA and CARES Act by visiting paycom.com/covid-19.