CARES Act Stimulus: Business Loans to Cover Payroll; Unemployment Benefits Expansion

The Coronavirus Aid, Relief, and Economic Security (CARES) Act which was passed by the Senate late Thursday night, March 26, 2020, is aimed at providing a massive stimulus to workplaces and employees. The House approved the CARES Act Friday noon, and President Trump should sign it into law soon. The CARES Act would provide federal loans to small- and medium-sized businesses to cover payroll and other expenses. In some cases, these loans would be forgivable. Unemployment benefits for those impacted by the pandemic would be expanded and extend unemployment eligibility to many who are not currently entitled to receive the benefits. What do employers need to know? Click here to read a summary of the CARES Act Stimulus by Fisher Phillips, employment law experts providing services to UniqueHR.

This communication is for informational purposes only; it is not legal, tax or accounting advice; and should not be acted upon as such. Please consult your attorney/CPA/Accountant regarding any decisions that impact your company or your employees. This post may contain hyperlinks to websites operated by parties other than UniqueHR. Such hyperlinks are provided for reference only. UniqueHR does not control such websites and is not responsible for their content.

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"Unique Employment Services truly understands my needs. I actually had an emergency and they had someone in my office within 15 minutes! I was blown away. I now use Unique for all of my temporary and key-employee searches. Their service and response times are second to none in Corpus Christi."

OWNER, INSURANCE COMPANY

Laura

“Our company has used Unique Employment Services for several years and we’ve been completely satisfied on all levels. Their staff is pleasant, professional and very dedicated to finding exactly what we need. It is very evident that the applicants are thoroughly screened based on our needs which saves our team a lot of time and resources. And I just really enjoy working with them which is always nice.”

HUMAN RESOURCES MANAGER, HEALTHCARE COMPANY

Nancy

“Over the last few years we have depended heavily on Unique Employment Services to fill our staffing needs. Unique has excellent follow through with exceptional attention to detail. Needless to say, we get excellent service and look forward to working with them for many years to come.”

SAFETY DIRECTOR, CONSTRUCTION COMPANY

Gary

“As a manager in a busy multi-physician clinic, I am sometimes faced with the challenge of making sure that I have enough staff to accommodate our fast-paced environment. It is such a comfort knowing that I can reach out to Unique Employment Services to assist me with finding reliable and qualified professionals quickly. They always listen to my needs and provide the best possible candidates for the positions. I am extremely satisfied with our partnership with Unique!”

MANAGER, FAMILY MEDICINE CLINIC

Lisa

“As a Business Manager of a high traffic medical practice, it had always been difficult finding the right temporary employees through other local agencies. Without exception, Unique Employment Services has always been able to provide our office with exactly what we need. In fact, many of whom we thought would be temporary placements, became full time employees in our practice. They are just that good! Their attention to detail and keen listening skills has helped us greatly!”

BUSINESS MANAGER, MEDICAL CLINIC

Justin

“As an Office Manager at a busy dermatology clinic, I do not have time to review applications and schedule numerous interviews. It is such a relief to know that I can rely on Unique to immediately take action when we need it. And their contagious personalities make them fun to work with, yet they are complete professionals who are totally committed to getting us the right applicants. I highly recommend the team at Unique!"

OFFICE MANAGER, MEDICAL CLINIC

Lisa

“I have used The Wilson Group, now a Division of Unique Employment Services, for more than 16 years. Anne is exceptional at conducting pre-interviews and screenings so that I get great candidates with verified skills, in a timely manner. I appreciate her professionalism and that she does not use 'high pressure' tactics. We have a great relationship that hopefully will last well into the future.”

BANK EXECUTIVE

Bob

“What a stellar performance history! For decades we have called on The Wilson Group, a division of Unique Employment Services, to place a wide variety of positions—from clerical to the COO. Because of their thorough vetting process we have found employees who are happy, successful, and here for the long-term. We plan to keep calling on Unique for decades to come!”

PRESIDENT, ENERGY COMPANY

Darrel

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CARES Act Stimulus: Business Loans to Cover Payroll; Unemployment Benefits Expansion

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