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15 mins with a Fahrenheit CFO: What CEOs need to know to Manage Cash and Survive the COVID Crisis
Doug Jones, Managing Director with Fahrenheit Advisors spends a critical 15 minutes with CEOs discussing what they need to know now to manage cash flow, liquidity and how to plan a strategy to survive the COVID-19 crisis.Read More -
VIDEO: COVID-19, The Road to Recovery – How to Survive and Thrive
On March 30, 2020, a panel featuring Managing Directors from Fahrenheit Advisors, hosted a panel to discuss and share experiences from SARS and Anthrax to turnaround situations and the great recession. Our goal is to answer your questions and help you focus on what you need to know to start planning your recovery post-COVID-19. Moderator: Jay Carpenter - Jay builds…Read More -
Help for Nonprofit Organizations is Available During This COVID-19 Pandemic
Nonprofit organizations experience particularly hard times during national crises as recently evidenced by the 2008 Great Recession, the 2001 Terrorist Attacks, and the Y2K fear leading up to the change of our millennium. And now, the Coronavirus/COVID-19 pandemic. In each instance, economic collapse results from enormous job losses, the evaporation of capital, and the decline of business revenue as demand…Read More -
Navigating COVID-19: 6 Things HR Pros Should Remember
These are unprecedented and turbulent times for everyone. As a human resource professional, here are a few things to consider when navigating in crisis times. The health and safety of your workforce comes first. Staying informed is the best way to prepare your team. Use reliable sources such as the Center for Disease Control, World Health Organization, Department of Labor,…Read More -
5 Ways to Keep Your At-Home Workers Engaged During COVID-19 Outbreak
Being a good corporate citizen, you have sent those employees who can work from home to what may be a completely different situation for many. This scenario is not to be confused with those sent home due to lack of work that you are not compensating. If those are non-exempt, there are ramifications for both payment of hours if you…Read More -
Payroll Considerations Under FFCRA
Please make sure that you are up to speed on the latest payroll procedures, so you don’t overpay your payroll taxes! On March 20, the IRS issued a release on the mechanics of recovering the sick, family and medical leave paid under Families First Coronavirus Response Act (FFCRA) from the IRS. (See our post, "FACT SHEET - The Family First…Read More -
Managing the Workplace in the Age of COVID-19
As we continue to navigate the changing landscape of COVID-19, Fahrenheit wanted to provide some guidance on what we all can do to ensure the culture in our organizations is not largely impacted by actions taken today. This guidance is for informational purposes and should not replace guidance from legal counsel. In times of crisis, an organization should always rely…Read More -
Business Strategy – COVID-19 Quick Tips for Turbulent Times
Cash is King – Know your liquidity position, no matter what! Map out your cash flows for the next 30-60-90 days. Find ways to reel in what you are owed and manage what you pay out. Don’t Panic, but don’t ignore what’s going on around you – Writing down the things that have changed for you and taking your best…Read More -
FACT SHEET – The Family First Coronavirus Response Act
On Wednesday, March 18, 2020, President Trump signed the Family First Coronavirus Response Act into law. This action expands existing laws and creates new obligations for employers in an effort to assist workers affected by the spread of the COVID 19 virus. While there are provisions of this law that impacts employees – such as the providing of COVID 19…Read More -
COVID-19: What to Do When You Don’t Know What to Do
Wow! How did we get to this place of disruption so quickly? We’ve never been in this place before and it’s hard to know what to do first. The World Health Organization (WHO) declared COVID-19 (coronavirus) a pandemic on March 10, 2020 and it has literally rocked our world. As leaders in business, we’ve never been faced with this before.…Read More -
Are You a Joint Employer?
Companies that use a lot of subcontractors have long awaited clarification of the joint employer rules under the Fair Labor Standards Act (FLSA). Designation as a joint employer is a critical distinction, since joint employers are responsible for payment of wages and compliance with overtime rules. Historically this issue has been most important in the construction industry, where the use…Read More