March 25, 2020

Congress Agrees to $2 Trillion Coronavirus Relief Bill

On Wednesday, March 25, 2020—after days of debate—Congress agreed to a $2 trillion economic rescue package designed to provide financial assistance to Americans and their families, and billions of dollars in loans for businesses. Voting is expected midday. The package is the largest fiscal stimulus in modern U.S. history and is the government’s most recent response to coronavirus disease 2019 (COVID-19). What is included in the stimulus package? While the final bill has yet to be released, there have been some publicly debated points. The economic rescue package includes a plan to provide two waves of direct financial assistance to Americans, a plan to stabilize the airline industry, a plan to provide small businesses with funds and a plan to issue loan guarantees to other hard-hit sectors in the economy. The package also includes provisions to extend unemployment insurance, increase funding for Medicaid and add additional assistance for small businesses throughout the country. “This is not a moment of celebration, but one of necessity.” – Sen. Chuck Schumer Direct Financial Assistance to Americans The stimulus package would provide two waves of direct payments to all Americans, coming weeks apart. American adults making up to $75,000 would receive $1,200 each and $500 per child. Married couples earning up to $150,000 would receive $2,400. Adults making more than $75,000 but less than $99,000 would receive less, and adults making more than $99,000 would not receive any government financial assistance. Stabilizing the Economy The economic relief package proposal includes the following funds to stabilize various sectors of the economy: Airline industry: $50 billion Small businesses lending program: $350 billion Hospitals: $130 billion State and local governments: $150 billion What’s next? The economic relief package has been agreed to by Congress, but not yet passed. We will continue to monitor the situation for developments and provide updates.

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Engaging Remote Employees During the Coronavirus Pandemic

https://youtu.be/9-2a5mmoBeI The coronavirus disease 2019 (COVID-19) pandemic has caused unprecedented changes for many industries. As social distancing is encouraged, gatherings with over 10 people are banned and stay-at-home or shelter-in-place orders for all nonessential employees are issued, many employers are asking their employees to work from home. For some employees, working from home is business as usual. For others, this may be the first time they’ve telecommuted. This working arrangement may seem exciting at first, but it can lose its luster over time, resulting in disengaged employees. And, when employees aren’t engaged, their productivity and motivation can suffer. It’s up to managers to keep their telecommuting employees engaged during these times. Listed below are five ways you can keep employees engaged while they work from home during the COVID-19 pandemic. Prioritize Communication Remote employees can often feel like they’re left out of the loop. As such, it’s important for managers to communicate on a daily basis. Consider scheduling a daily check-in to see how employees are doing during this new working arrangement and if you can do anything to help them. Be sure to communicate any important company news as it presents itself, too. Remember that communication is a two-way street, and be sure to listen to any concerns that employees may have. The COVID-19 pandemic is a rapidly evolving situation and many employees may be feeling overwhelmed or anxious. Listen to their concerns and evaluate whether there’s anything that you can do to help mitigate those feelings. Remote employees may start to feel isolated, so it’s important to remind them that they’re not alone, especially during these uncertain times. Since burnout is the result of prolonged and chronic workplace stress, it’s important to know how to recognize the signs of workplace stress. Set Clear Expectations Be sure to communicate your expectations of your employees while they work from home. Employees who are aware of what your expectations are will be more motivated to meet those expectations. If you want employees to be online for specific hours of the day, communicate that. If you want a daily report of what they are working on, be sure to ask. With that being said, you should be mindful that not all employees may have the ideal telecommuting setup as daycares and schools are closed due to the COVID-19 pandemic. As such, be patient and understanding with your employees. Encourage them to take paid time off if they need it during these times to tend to their other responsibilities. Recognize Good Work Recognizing and rewarding employees for their hard work is a key factor in boosting engagement among your telecommuting employees. Employee recognition can take many different forms, but the main goal is to incentivize continued productivity and dedication from your employees. For example, you could send out a team- or company-wide email detailing what an employee did and why it’s exceptional. If you want to offer a reward for their good work, consider sending an electronic gift card for a local restaurant or delivery service. Sometimes, recognition doesn’t need to be formal or grand for it to be effective. For example, a personal thank-you email or message can go a long way in making employees feel valued and engaged while they work from home. Encourage Work-life Balance Remote employees may have difficulty establishing a healthy work-life balance. Because there may not be a physical separation between their workspace and their personal space, employees may feel like they need to be available for work 24/7, which can lead to unnecessary stress and, eventually, burnout. As such, you should communicate the importance of creating boundaries to your employees. Suggest that they work their normal hours and then step away from their computer until it’s time to start working the next day. Demonstrate a Collaborative Culture Employees tend to be more engaged when they feel like they’re part of a team. When they’re working from home, it can be hard for them to buy into that mentality. As a manager, it’s your responsibility to make sure that employees understand that even though you may not be in the office together, you’re all working together toward the same common goal. Consider sending out regular communications reminding that you’re there to help them meet any deadlines or provide any assistance while they work from home. Summary Leveraging technology in the wake of the COVID-19 pandemic can help keep employees healthy while they do their job from home. By keeping these five tips in mind, your organization can keep your remote employees engaged during the pandemic.

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