It is our understanding this morning that you if you have to
layoff or furlough your employees, you can file for unemployment benefits for
them, and then hire them back later using funds from the Payroll Protection Program
stimulus funding.
The key to unemployment benefits now is that the employer must
a claim as soon as they reduce their employees’ hours. In the past, the laid-off employees have always
filed for benefits for themselves, so this may be confusing. There is a significant penalty
for not filing for benefits for your employees immediately.
To file for unemployment benefits, go to the Georgia Dept.
of Labor web site. The link to use to file
for benefits and the related instructions are there. The filing process will take a little time.
The procedures for the Payroll Protection Program forgivable
loans are still being written. The banks
that will make the loans won’t have information until the end of the
week. This money will not be available for a little while.
The purpose of the employee part of the stimulus funding is
to keep your employees available, so that they are able to come back to work
when your business is back to normal.
Unemployment is the bridge until the Federal funds arrive.
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