|Employers: Take Note of New COVID-19 Federal Paid Leave Provisions
- On March 18, 2020, President Trump signed the Families First Coronavirus Response Act to address, in part, employment-related issues pertaining to COVID-19.
- The legislation is the second COVID-19 federal relief effort, following the $8 billion emergency funding bill for prevention, preparation, and response. Congress has introduced a third package covering additional issues, including small business relief.
- It is important to note that the "Families First" relief package’s requirements only apply to companies with fewer than 500 employees. The bill provides for the following:
- Two weeks of paid sick leave for employees who have the Coronavirus, are symptomatic and may be diagnosed, or are quarantined upon medical advice or government procedures AND for employees who are caring for an individual impacted by any of the aforementioned circumstances.
- Twelve weeks paid sick leave for employees caring for a child while school is closed.
- Small businesses with 50 employees or fewer may be exempted if paying sick leave would cause material financial harm to the business.
- Businesses who pay pay sick leave will be reimbursed in full within three months through a payroll tax credit.