March 25, 2020

U.S. Department of Labor Published Guidance Explaining Paid Sick Leave And Expanded Family And Medical Leave Under The Families First Coronavirus Response Act

 

Today, the U.S. Department of Labor’s Wage and Hour Division (WHD) announced its first round of published guidance to provide information to employees and employers about how each will be able to take advantage of the protections and relief offered by the Families First Coronavirus Response Act (FFCRA) when it takes effect on April 1, 2020.

The Callaway Bank is providing this information just as a resource for our customers during this challenging time.

 

DOL Info:

For more details including links to Employer and Employee Guides, and FAQs please click the following link: https://www.dol.gov/newsroom/releases/whd/whd20200324

 

IRS Info:

The IRS has an overview of this act, as well as more information about how the employer will get reimbursed for the mandated sick leave. Please click on the following link:

https://www.irs.gov/newsroom/treasury-irs-and-labor-announce-plan-to-implement-coronavirus-related-paid-leave-for-workers-and-tax-credits-for-small-and-midsize-businesses-to-swiftly-recover-the-cost-of-providing-coronavirus