The New Paid Leave Bill in 15 Minutes
eCommerce Fuel - A podcast by Andrew Youderian | e-Commerce Entrepreneur - Fridays
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This week the United States passed the Families First Coronavirus Response Act. While it provides some much-needed support to workers it also has some scary cashflow implications for small businesses. We discuss:
- How employers are responsible for paying for up to 14 weeks of paid leave for workers
- The mechanics behind getting reimbursed by the government
- Why this could cause a huge strain on your company's cashflow and what to do about it