COVID-19 is sowing uncertainty across the global economy with no immediate end in sight. Many businesses find themselves under-prepared for an extended disaster or economic downturn like the one we're currently experiencing. Does your company have the tools and resources needed to move forward through these uncertain times? Personnel Preference has gathered resources, guides, and information in one place to ensure your business and employees are well prepared going forward.
Preventing the Spread of COVID-19 in the Workplace
The Center for Disease Control has extensive guidelines for businesses that can help prevent the spread of COVID-19 in your workplace. Read the full guide here.
Take Immediate Action to Stop the Spread of COVID-19 in your workplace
1. Actively encourage sick employees to stay home
2. Identify where and how workers might be exposed to COVID-19 in your workplace
3. Educate employees about how they can reduce the spread of COVID-19
Adjust your business practices and plan for the unexpected
1. Implement flexible sick leave and supportive policies and practices.
2. Assess your essential functions
3. Determine how you will operate if absenteeism spikes
4. Consider establishing policies and practices for social distancing.
Maintain a healthy work environment
1. Consider improving the engineering controls using the building ventilation system.
2. Support respiratory etiquette and hand hygiene for employees, customers, and worksite visitors.
3. Perform routine environmental cleaning and disinfection.
4. Perform enhanced cleaning and disinfection after persons suspected/confirmed to have COVID-19 have been in the facility.
5. Advise employees before traveling to take additional preparations.
6. Take care when attending meetings and gatherings
Financial Assistance for Businesses
Small Business Administration
As of April 23, 2020, there are 4 distinct relief programs available for small businesses through the SBA. Click here to see relief options available through the SBA.
IRS: Federal Income Tax Credits and Deadline Extensions
The federal tax return filing deadline is now extended to July 15, 2020. There are also a number of tax credits and incentives available to businesses. See the details here.
Private Assistance Programs
Many private businesses and banks are offering relief programs for small businesses. Notable businesses include Facebook, Amazon, and Google. Hundreds of other corporations are pitching in their services to help small businesses. See the details here.
See if Your Financial Institution is Offering Relief
The American Bankers Association has compiled a list of banks that have publicly announced steps to respond to the COVID-19 crisis. See the full list of banks here.