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HR STRATEGY

PAYCHEX INC. EXPANDS PPP SOLUTIONS WITH SUPPORT FOR EMPLOYEE RETENTION CREDITS

Paychex | March 08, 2021

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According to a recent Paychex Inc. survey, only 39% of employers with fewer than 500 employees are aware of the employee retention tax credit. However, under the provisions of the Consolidated Appropriations Act, 2021, the Employee Retention Tax Credit can now be used in combination with a Paycheck Protection Program (PPP) loan. This significant change offers another source of economic relief for businesses that continue to fight the financial impacts of the pandemic. To help maximize the benefi...

Read More

FED: US UNEMPLOYMENT RATE COULD TOP 30% IN Q2 2020

HR Dive | April 01, 2020

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The U.S. may reach more than 30% unemployment for the second quarter of 2020 due to the slowdown in economic activity caused by the COVID-19 pandemic, according to an analysis published March 24 by the Federal Reserve Bank of St. Louis. That estimate translates to a total of some 52.81 million unemployed persons in the second quarter, the Fed said, with about 47 million workers being laid off during that time period. The Fed noted a separate estimate from one of its regional economists, who esti...

Read More

TALENT ACQUISITION

AC POWER AND SOLAR ONE TEAM UP TO OFFER CAREER READINESS PROGRAMS FOR STUDENTS IN THE SOLAR ENERGY SECTOR

AC Power | June 08, 2022

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Non-profit firm Solar One, known for being NYC’s premier green energy education center, has announced a partnership with AC Power LLC, a leading solar solutions development company. Through the partnership, the firms will deliver a unique career readiness and talent development program to promote careers in the solar sector to high school and college students. "These internships fostered the opportunity for a lot of growth in me. In both internships, my co...

Read More

EMERGING MARKETS OUTPACE DEVELOPED MARKETS IN JULY

Franklin Templeton | August 07, 2020

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Some emerging markets have been coping with the COVID-19 crisis better than others, and their economies are in different stages of recovery. Our emerging markets equity team highlights a few—and offers thoughts on why the pandemic has accelerated some existing fundamental and technological trends. A collapse in economic activity amid the COVID-19 pandemic and expectations of slowing loan growth, falling margins and rising bad debts have hurt near-term earnings forecasts for Brazilian finan...

Read More
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HR STRATEGY

PAYCHEX INC. EXPANDS PPP SOLUTIONS WITH SUPPORT FOR EMPLOYEE RETENTION CREDITS

Paychex | March 08, 2021

According to a recent Paychex Inc. survey, only 39% of employers with fewer than 500 employees are aware of the employee retention tax credit. However, under the provisions of the Consolidated Appropriations Act, 2021, the Employee Retention Tax Credit can now be used in combination with a Paycheck Protection Program (PPP) loan. This significant change offers another source of economic relief for businesses that continue to fight the financial impacts of the pandemic. To help maximize the benefi...

Read More
news image

FED: US UNEMPLOYMENT RATE COULD TOP 30% IN Q2 2020

HR Dive | April 01, 2020

The U.S. may reach more than 30% unemployment for the second quarter of 2020 due to the slowdown in economic activity caused by the COVID-19 pandemic, according to an analysis published March 24 by the Federal Reserve Bank of St. Louis. That estimate translates to a total of some 52.81 million unemployed persons in the second quarter, the Fed said, with about 47 million workers being laid off during that time period. The Fed noted a separate estimate from one of its regional economists, who esti...

Read More
news image

TALENT ACQUISITION

AC POWER AND SOLAR ONE TEAM UP TO OFFER CAREER READINESS PROGRAMS FOR STUDENTS IN THE SOLAR ENERGY SECTOR

AC Power | June 08, 2022

Non-profit firm Solar One, known for being NYC’s premier green energy education center, has announced a partnership with AC Power LLC, a leading solar solutions development company. Through the partnership, the firms will deliver a unique career readiness and talent development program to promote careers in the solar sector to high school and college students. "These internships fostered the opportunity for a lot of growth in me. In both internships, my co...

Read More
news image

EMERGING MARKETS OUTPACE DEVELOPED MARKETS IN JULY

Franklin Templeton | August 07, 2020

Some emerging markets have been coping with the COVID-19 crisis better than others, and their economies are in different stages of recovery. Our emerging markets equity team highlights a few—and offers thoughts on why the pandemic has accelerated some existing fundamental and technological trends. A collapse in economic activity amid the COVID-19 pandemic and expectations of slowing loan growth, falling margins and rising bad debts have hurt near-term earnings forecasts for Brazilian finan...

Read More