The fund, plan, or program must provide employees with sick leave and childcare leave benefits.
An initial 10-day leave period must be taken which may be unpaid.Įmployers with employees under certain multiemployer bargaining agreements may meet these obligations by making contributions to a multiemployer fund, plan, or program based on the entitled paid leave. Paid sick leave is in addition to any paid leave provided by the employer and not in place of.Įmployees who are unable to work due to childcare or school closure are eligible for paid family leave of up to 10 weeks at two-thirds their rate of pay (up to $200 per day, $10,000 total). Part-time employees are also eligible to receive pay at the rate of their average of two weeks.įor those who are caring for a quarantined or ill individual, or children due to school or childcare closure, sick leave pay is to be provided at two-thirds the rate of pay for up to $200 per day and $2,000 total. This caps out at $511 per day and $5,110 total. What the paid sick and family leave entailsĮmployees with qualifying circumstances are eligible for 2 weeks, up to 80 hours, of paid sick leave at 100% their rate of pay.
#KBS QUICKPAY HOW TO#
Eligible employers are granted a grace period by the DOL to come into compliance with the Act as long as employers act reasonably and in good faith during the grace period.įor employers, it’s important to understand the parameters of the Act, obligations to employees, how to obtain the tax credits due to come into compliance and find relief from the provisions of the FFCRA. The expansions to paid sick and family leave cover employers with up to 500 employees, and tax credits are available for up to 100% of qualifying wages paid. The Families First Coronavirus Response Act (FFCRA) signed on March 18, 2020, made unprecedented expansions to paid sick and family (childcare) leave provisions in light of the challenges for the American workforce due to COVID-19. They can speak with their manager to learn more about signing up, which is easy to do.Written by Tim Streeter, CPA on April 2, 2020. Employees are praising the fact they can get access to their money at any time. I’ve heard this from different managers and employees. “It helps them get to work – pay for gas money, things like that. “When people apply for jobs and we tell them about the benefit, they really like it,” said Roy Alcalde, Regional Vice President.
#KBS QUICKPAY FULL#
Once payday arrives, employees receive their full paycheck minus the amount they already received during the pay period.
They can transfer all or some of this available balance at any point during the pay period. Employees can use the money they receive through KBS QuickPay to pay bills on time, avoid overdraft and late fees, and take care of emergency expenses.Īs employees work throughout the week, they build an available balance based on completed hours. Kellermeyer Bergensons Services, LLC (KBS) is now offering KBS QuickPay, a benefit that allows hourly employees to access their wages before their regularly-scheduled payday, shortening the time between finishing their shift and getting paid.
KBS Quickpay Now Available To Hourly Employees
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