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COVID-19 Chaos: Managing Human Capital with Fractional HR Expertise
Businesses across the country are faced with moment to moment decisions around keeping their business moving forward, seeking financial support through government programs, managing communications to their organizations, and navigating new regulations that will impact their employees. For many organizations, these monumental tasks are being done by a dedicated team, but one that is overwhelmed by the technical challenges this…Read More -
COVID-19: CARES Act Paycheck Protection Program Loan Forgiveness Provisions
As companies move beyond the CARES Act Paycheck Protection Program application process, they will turn towards how to calculate the loan forgiveness amount. While the Act has a lot of specifics and some guidance has been issued by the SBA, the SBA has stated several times that it will issue additional guidance. As companies begin to think about how to…Read More -
Current Highlights on the Payroll Protection Program
Fahrenheit Advisors Managing Director, Ben Shealy shares the highlights of the PPP that you need to know. Due to the rapidly changing regulations and program specifics, some items in this post may have changed since the publication date.Read More -
FFCRA Update: Documentation is Never on Leave
As the paid time off provisions of the Family First Coronavirus Response Act (FFCRA or the Act) begin to take effect, employers are busy establishing processes to help them administer the expected leave requests. Guidance released by the Department of Labor thus far, has made it clear that much of the responsibility for how to administer compliance with the Act’s…Read More -
VIDEO: How to Move Our Brains to the Silver Lining in Uncertain Times
Fahrenheit experts Sam Rasoul and Rachel Lutowsky take you through the first steps of Accountability bootcamp and share the "C.R.E.A.M. for your daily coffee." Over the next couple of days, we will dissect each of the C.R.E.A.M. concepts in more detail and give you some ways to change how you are responding and engaging during these challenging times.Read More -
VIDEO: VCU Head Coach Mike Rhoades + Fahrenheit Advisors: Coaching Through Chaos
Listen in as Virginia Commonwealth University Men's Head Basketball Coach, Mike Rhoades joins Jay Carpenter, Fahrenheit Advisors Managing Director, for a candid discussion about coaching through these uncertain times of COVID-19. We're ready to help you navigate down the Road to Recovery. Learn more, visit Insights to see our library of articles and videos, or contact us today. We're standing by,…Read More -
Lessons Learned by a CFO in the 2008 Economic Crisis
Our team has been on the front lines helping organizations through difficult and uncertain times in the past and through this COVID-19 crisis. In this video, Ben Shealy shares his experiences and lessons learned as a CFO in the 2008 economic crisis.Read More -
7 Ways to Stay Sane As You Work From Home
Many of you may relate to our thoughts and feelings over the past couple of weeks. We vacillate between staying positive and being really frustrated and overwhelmed while attempting to work, support clients and colleagues, taking care of family, and homeschooling. Fortunately for us, we are “pros” at working from home and have a few important tips for everyone who…Read More -
COVID-19: Assistance for Small Businesses Guidelines Published
This information is directly sourced from "Assistance for Small Businesses" as posted on the US Treasury website (April 1, 2020). The U.S. Treasury Department The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses. Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses…Read More -
The Latest Links to Help You Navigate the Road to Recovery
We are dedicated to helping you stay up-to-date as you follow the Road to Recovery. Here are a few links that should help. Reach out to us. We're here for you. Families First Coronavirus Response Act – Department of Labor Employee Paid Leave Rights Employer Paid Leave Requirements All States’ Unemployment – Department of Labor Small Business Disaster Assistance Payroll…Read More -
COVID-19: The FFCRA – Moving from Understanding to Implementation
As more time passes since the signing of the Family First Coronavirus Response Act (FFCRA), the Department of Labor (DOL) has released more information regarding how employers should administer and implement the aspects of the act that applies to Emergency Paid Sick Leave (EPSL) and the expanded Family and Medical Leave Act (FMLA). In this guidance, we will provide clarification…Read More -
VIDEO: Managing a Workforce During Uncertainty
In this post, the Fahrenheit HR experts discuss tips on managing your team through the uncertainty of the COVID-19 crisis. Watch this brief video for tips on 4 key areas your senior leadership team needs to consider: Key considerations as a Senior leader in your organization Definition of the terms furlough, layoff, and reduction in force Cost containment strategies Managing…Read More