Rehiring Employees with the PPP Loan
Many business owners who received Paycheck Protection Program (PPP) loan are facing the challenge of rehiring employees after they've been laid off or furloughed. Employees receiving unemployment may be reluctant to return to work with extra unemployment benefits of $600/wk. How do you handle this as a small business owner? I called on my friend and HR expert, Niki Ramirez, of HR Answers.Org to help answer the question. Niki and I put on a webinar for my clients to discuss the HR aspects of the CARES Act. She helps us address this specific issue as well as other related HR topics.
This is a short snippet from our webinar, but if you want to hear more from Niki, be sure to subscribe to HR Answers here: https://www.youtube.com/channel/UCc9xyPi1x8Sh51c-rJyN95A
Reach out to Niki directly at: https://www.hranswers.org/
If you want to explore what a virtual CFO could do for your business, check out our site at: https://claracfo.com/
If you want to know more about your PPP loan, be sure to watch our other PPP videos:
How to get your PPP Loan Forgiven: https://www.youtube.com/watch?v=wfbQm6ppEkc&list=PLUcXTCG4ArAnfsFvPs0UPsheHHaMOn0OT
If you didn't get the PPP planning spreadsheet, get that here: https://clara-cfo-group-llc.ck.page/d5ef5d9b84
Disclaimer: This video is intended for educational purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.