Thursday, June 4, 2020

PPP rules loosened

The senate just passed and sent to the President to be signed rules easing the way the PPP
monies may be used. Here are some highlights.
The bill, which overwhelmingly passed in the House last week and is now headed to President Donald Trump's desk, loosens some key rules regarding loan repayment and spending restrictions of the PPP.
The new changes are:
Lower to 60% from 75%the minimum portion of the PPP loan that must be used on payroll. The rest must be used on rent, utlitites and other business related expenses.
Extend from 8 weeks to 24 weeks the amount of time the loan can cover.
Extend from 2 to 5 years the time the new PPP loans must be paid back if the amount isn't converted to a grant.

Monday, March 23, 2020


NYC Employee Retention Grant Program
The purpose of this grant is to cover 40% of payroll costs for two months to help retain employees. This grant is available is for businesses and non-profits that reside in the five boroughs of NYC, with four or less employees. To qualify for this grant, the business must be established for at least 6 months, and have no outstanding tax liens or legal judgements. The business will need to demonstrate that the COVID-19 crisis has caused at least a 25% decrease in revenue.
More info on this grant can be found at NYC Employee Retention Grant Program
Many credit card companies are helping out:
Apple and Barclays will allow you to skip March payments with no interest or late fee
Bank of America, if you call they will refund late fees and not report it as negative.
Citibank waiving fees to small businesses
Chase, USbank, Wells and Capital will extend deadlines if you call them.
AMEX also waiving fees if you contact them.

Friday, March 13, 2020


New Jersey Commuter Benefits: Effective March 1, 2020, New Jersey employers with at least 20 employees will be required to offer a pre-tax transportation fringe benefit to employees who are not subject to a collective bargaining agreement. TaxFree commuter benefits can be structured as an employee-funded tax-free payroll deduction; as an employer-funded benefit; or the costs can be shared by the employer and employee. This transportation fringe benefit allows an employee to set aside funds from their paycheck on a pre-tax basis. The employee can then purchase eligible transportation services, including transit passes and commuter highway vehicle travel or for parking fees.
Currently an employee is allowed to use $270. for commuter benefits plus an additional 4270. for parking if the commuter uses both.

Wednesday, February 26, 2020

California's Compensable Time


In a unanimous decision, the California Supreme Court held that the time spent by employees waiting for and undergoing security checks of bags and other personal items is compensable time under California law, even when the policy applies only to employees who choose to bring personal items to work.
California has traditionally provided greater protection to working employees. Federal law has determined that the time employees spend going through security checks is not part of their workday.
California law requires employees to be compensated not only when they are working but 
when they are subject to the employer's control.
The court ruled that the time is compensable if a # of factors are in play:
mandatory nature of the activity, location of the activity, degree of the employer's control, whether the activity primarily benefits the employee or employer and whether the activity is enforced through disciplinary measures.
This case has many ramifications. It provides a key for evaluating other compensable time under CA law

Monday, August 26, 2019

Salary History Ban

NYS  law that bans salary history questions takes effect January 6, 2020.
Employers can not ask employees or applicants their previous salaries. Employers can not use salary history to determine an employee's rate of pay.

NYS Expands Pay Equity Law

New York state has expanded a state law prohibiting gender pay discrimination, making it illegal to pay someone less based on factors such as race, religion or gender identity. 

The new law also changes a legal standard for pay equity to make it easier for employees to prove discrimination in court. 

Gov. Andrew Cuomo signed the changes into law in Manhattan, the law takes effect October 8, 2019.

The law requires equal pay  among employee who preform " substantially similar"
work not just "equal work". Employers will not be able to hide behind job titles but must consider classes of job and roles.
This law does not just cover sex but includes age, race, creed, color, gender identity, gender expression, martial status, domestic violence victim status or other status protected by law.

Monday, July 1, 2019


Effective July 1, 2019 minimum wage goes up for most workers to $10.00 per hour from $8.85. 1/1/2020 it will go to $11. and then increase each January 1st by another dollar.

Small employers of less than 6 employees (and agricultural employers) remains at $8.85 till 1/1/2020 when it goes up to $10.30 and then increase each January 1st.

NJ is on a march to $15. per hour by 2024.

Tipped workers increase from $2.13 to $2.63 effective July 1, 2019 and then every January 1st it will increase till 1/1/2022, where it will hit $5.13. Tips must bring it to regular minimum wage.