Tom Santa Barbara, president of DirectAdvisors, spent a few minutes speaking with Rose about many of the issues impacting our clients’ workforces in 2021, such as COVID-19, working remotely, harassment in the workplace, and the legalization of recreational marijuana.
Supplemental Unemployment Plans can provide compensation to employees beyond state unemployment insurance during lay off periods. SUB plans can help ease the financial stress of layoffs, generate peace of mind and worker loyalty, and offer significant tax advantages compared to severance pay.
As of this writing, seven states, the District of Columbia, and more than 25 cities and counties have passed paid sick (and often, family) leave laws. However, 14 states have banned cities and counties from adopting such laws.