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Are you considering revising your paid time off policy?

Paid time off policies are typically drafted with the most common circumstances in mind. While this makes sense given that employers can’t anticipate all situations that might arise, it makes it difficult to adhere to your policy when circumstances become unusual and are not addressed in your policy. Employers who have generally felt comfortable with the terms and administration of their paid time off policies may be evaluating them in light of the current circumstances. If you found it difficult to comply with your policy or if your policy was silent as to how to handle these recent events, consider whether your policy might need some attention. 

Mid-year review: Risk management and insurance

 

Conducting a mid-year review is an essential part of staying on track for meeting strategic goals, especially given the current challenges and operational impact of the COVID-19 pandemic. A mid-year review can also be an effective risk-management tool to help protect your organization from unexpected and disruptive challenges. Your mid-year review probably looked a lot different in 2019 than it will now. Below are critical business issues to include in your 2020 mid-year review to ensure that you are effectively managing the risks, particularly during a pandemic, that can impact your business.

Responding to mental health needs during unsettled times

As states cautiously re-open and medical professionals brace for a potentially busy summer caring for people infected with COVID-19, protests have flared up nationwide sending hundreds of thousands of people into the streets to demand justice and systemic change. With emotional and physical stress already high from the fear, change and uncertainty surrounding the pandemic, the additional grief and trauma of the current social unrest, could trigger a further increase in the already anticipated higher need for mental healthcare.