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What’s New in Employment?

PPP Recipients can Self-Certify for Small Loan Forgiveness

Thankfully, the SBA has issued new guidelines for PPP loan forgiveness with the following changes.  Recipients of $50,000 or less can self-certify that the money was used for covered expenses, the new application is one page short, and the requirement to maintain employee and salary numbers has been eliminated.  This is a great step toward accomplishment of…

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Business Model for an Inclusive Remote Culture

Start-up, Ultranauts, a virtual data analytics company, has seemingly invented the secret sauce to an engaged corporate culture.  And it is willing to share.  Its in-house app, Biodex is key, starting each day with this inquiry: How “interactive” — ready to communicate with others — are you feeling today? What’s your energy level? Note that…

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Stakeholders anxiously await clarification of PPP loan forgiveness process

Borrowers and lenders are being advised to sit tight, while Congress reworks the kinks toward debt forgiveness for PPP loans.  As outlined by the NYT, progress is being made toward overcoming the various hurdles so that all stakeholders will be able to achieve the initiative’s well-intended respite and fresh start.

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The Pension Hole for U.S. Cities & States Is the Size of Japan’s Economy

Government workers face reduced or cancelled pensions as cities and states are hit with financial distress and bankruptcy.   Government leaders are dealing with the difficult choice of solving the problem one of 3 ways: increase taxes, divert funds from pensions, or persuade workers to relinquish money they are owed.  More often than not, it…

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