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Dear HR – How to Handle an Employee’s Positive COVID Test

As restrictions continue to be lifted and “COVID fatigue” accelerates, it is important for employers to continue to manage the challenges presented by the pandemic. Here is some insight on current quarantine guidelines that may help you navigate the ongoing pandemic.

For those who may have been exposed – if they have not been vaccinated or have not had COVID-19 within the past three months and were in “close contact” with the employee, they’ll need to get tested and wait until a negative test result is confirmed before returning to their work location. If the test result is positive, they’ll…

Dear HR – Immunity Based Inquiries for Job Applicants

Employers may be tempted to ask job applicants about COVID-19, and whether or not the applicant has contracted the virus and since recovered. This line of inquiry may be triggered by a belief that a candidate who has developed antibody-based immunity would be unlikely to be infected a second time. Seems reasonable, even responsible, right?

Well, anyone familiar with the employment law arena is likely aware that although federal agency-based rulemaking may have the best interest of our citizens at heart, it can leave employers scratching their heads, confused about intent, and concerned about compliance.

At the heart of immunity-based inquiries…

5 Tips for Creating a Business Insurance Strategy

Saying that these are unprecedented times is an understatement given the disruption to business owners, employees and customers. As a business owner, you must adapt or face the consequences for not abiding by the ever-changing guidelines. The CDC, state and/or county government, and OSHA all have a say in how your business needs to protect customers, visitors and employees. The coronavirus pandemic, rightfully so, is a major concern for all businesses.

While COVID-19 complicates the equation, the insurance industry, like any other business, has other factors to consider and challenges to remain profitable. Insurers have recently endured large property claims…

Understanding Floating and Fixed Interest Rates: Should You Swap?

Interest rates are currently at record lows due to the Federal Reserve’s response to COVID-19 and will likely stay low until the U.S. has recovered economically from the pandemic. With such low rates, business owner borrowers may want to consider an interest rate swap if they are looking for a low, long-term fixed interest rate.

Fixed rate vs. floating rate
A fixed rate is an interest rate that will not change for the duration of a loan agreement. With this type of loan, businesses are immune to changing interest rates by settling on a long-term, fixed interest rate. For example, individuals…

Deadline: Injury and Illness Records Due to OSHA

OSHA’s rule within Part 1904 requires the electronic reporting of workplace injuries and illnesses through their online services. Employers are required to electronically report their calendar year 2020 Form 300A data to OSHA by March 2, 2021.

Reporting requirements are as follows:

  • Establishments with 250 or more employees that are currently required to keep OSHA injury and illness records
  • Establishments with 20-249 employees that are classified in certain industries with historically high rates of occupational injuries and illnesses.
  • The size of the establishment is based on the maximum number of employees which worked at…

The Secret to 2020 Business Success: Relationships

During challenging times, it’s especially important to reflect on the lessons learned to help prepare for the future. 2020 was a year like no other and as we look back at how we navigated the unexpected, what comes to light is how we were able to support our customers in new ways. This ability to adapt to the needs of our customers highlighted what matters most to our team – trusted relationships. Relationships were the foundation on which the bank was built in 1876 and our commitment was, is, and always will be building connections in the communities we…

Micro-Loan Recovery Program: How it Helped REC Philly Navigate 2020

Being a small business owner is challenging enough without the additional obstacles imposed by a pandemic and civil unrest. After opening in December 2019, REC Philly had to shut down its state-of-the-art creative facility only three months later due to the state mandates. The entrepreneurs had to act quickly to adapt. One thing that helped them sustain those changes was access to capital through the Micro-Loan Recovery Program.

During this time of unprecedented challenges, Univest, Bryn Mawr Trust, Customers Bank, OceanFirst Bank and WSFS committed $650,000 to fund the Micro-Loan Recovery Program with the goal of helping Philadelphia…

Joe Biden is President-Elect: What’s Next for Employers?

While the outcome of the Georgia Senate race could make much of what follows more impactful for employers, the preferences of President-elect Biden when it comes to the workplace are well-documented. Whether it’s the COVID-19 response, labor and workers’ rights, diversity or healthcare, there’s a lot of potential change in the wind for employers. Again, much of this could be tempered by the makeup of the Senate, however, business owners and HR policy owners should keep what follows on their radar.

Addressing COVID-19
Various sources suggest that addressing the pandemic will be the new Administration’s number one priority. Employers could see…

What You Need to Know About the Families First Coronavirus Response Act

Believe it or not, before the COVID-19 pandemic hit, a staggering 33 million Americans lacked even a single day of paid time off to care for themselves or a sick family member. Most of us are familiar with the term FMLA (Family Medical Leave Act) or we’ve heard of it before at some point in our life. When the pandemic hit, our government had to create a whole new kind of leave in addition to FMLA in order to help cover the gap for when individuals get COVID-19 or come in contact with someone who had COVID-19 and need…

Three Things Businesses Must Consider for 2021 Success

If a business experiences a fire, the progression afterward is usually to rebuild and return to normal. But what happens if “normal” no longer exists? To say 2020 has been a difficult year would be an understatement. Continued surges of the coronavirus pandemic have led to shutdowns and safety precautions. In addition, social unrest continues to cause turmoil. These areas of volatility mean many small businesses continue to face “fires” as 2020 comes to an end. Since the pre-pandemic normal might not return, here are three ways businesses can adapt for a new year and a new business environment.


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