COVID-19 Information Center: What to Understand

COVID-19 Information Center: What to Understand

COVID-19 information center for employers and employees: what to understand. Coronavirus relief information for small businesses and those experiencing job loss.

Finding up-to-date resources on available aid during the COVID-19 (Novel Coronavirus) pandemic can be a lot to handle as the virus continues to spread across the United States and dominate the news. To make things easier to follow, we’ve put together a list of resources from trusted sources including the Center for Disease Control, World Health Organization, The Department of Labor, The Department of Housing and Urban Development and more.

We’ll keep updating this article with relevant links and information as the situation develops.

Coronavirus Information from the Center for Disease Control & the World Health Organization:

If you’re looking for a place to start finding more information about the Coronavirus-COVID-19 pandemic, there’s no better place than these links from the CDC and the WHO, trusted public health organizations. 

General CDC guidelines

Guidelines for cleaning/disinfecting

COVID-19 general FAQ

Information from the World Health Organization

COVID-19 Unemployment Information:

For those experiencing job loss, we’ve compiled a list of federal and state-specific unemployment resources to help you get back on your feet. Be warned, the high number of current unemployment claims may cause you to experience significant delays in the process. 

Updated unemployment guidelines from the U.S. Department of Labor

Resources for unemployment applicants by state:

Alaska Montana
Alabama Nebraska
Arizona Nevada
Arkansas New Hampshire
California New Jersey
Colorado New Mexico
Connecticut New York
Delaware North Carolina
Florida North Dakota
Georgia Ohio
Hawaii Oklahoma
Idaho Oregon
Illinois Pennsylvania
Indiana Rhode Island
Iowa South Carolina
Kansas South Dakota
Kentucky Tennessee
Louisiana Texas
Maine Utah
Maryland Vermont
Massachusetts Virgina
Michigan Washington
Minnesota West Virginia
Mississippi Wisconsin
Missouri Wyoming

 

Coronavirus Mortgage/Rent Relief Information:

If you’re in need of mortgage and/or rent relief, these links will direct you to relevant resources, though this list is by no means exhaustive. 

Mortgage relief, from Fannie Mae

Mortgage relief, from Freddie Mac

Information, from the Federal Housing Finance Agency

Information, from the Department of Housing and Urban Development

Eviction and foreclosure suspensions by state, from the National Low Income Housing Coalition

Coronavirus and Student Loan Debt:

Especially in times like these, student loan debt can feel overwhelming and even harder to manage than under normal circumstances. Find up-to-date information on the options you have for your student loans here. 

Federal student loan and forbearance information, from the Department of Education

COVID-19 Support for Small Businesses:

Small business owners have been hit hard by the coronavirus pandemic, but fortunately there are resources in place to help you stay afloat in the short term. 

 

Information on aid from the U.S. small business association

New York Times report on upcoming aid to small businesses

Coronavirus Support for Families:

Families struggling to deal with the ramifications of the coronavirus pandemic may need additional help managing special conditions. We’ve linked resources to topic areas that may be relevant to your family’s situation. 

Mental health resources, from the National Alliance on Mental Illness

Resources for addiction treatment and COVID-19, from the American Society of Addiction Medicine

Resources for talking to children about COVID-19, from The National Association of School Psychologists

Helping children with autism through COVID-19, from Autism Speaks

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Coronavirus 2020: Effectively Working from Home

Coronavirus 2020: Effectively Working from Home

Coronavirus 2020: effectively working from home. A good remote work policy can help businesses maintain productivity while limiting the spread of COVID-19.

Businesses everywhere are implementing work from home policies to protect their employees but maintain business operations while federal, state and local governments impose various restrictions on public gatherings to limit the spread of the Coronavirus. 

Establishing a successful work-from-home program is not easy. Communicating with employees to stay on track while minimizing panic about COVID-19 in the coming weeks and months is critical. 

Establishing a Work from Home Policy

Organizations without a remote work plan in place can begin to assess their ability to do so in four steps:

  1. Review Operations. Determine what processes and procedures can be completed digitally. Explore remote solutions for things like team meetings, data security and certain HR functions. 
  2. Evaluate Equipment. Make a list of the equipment employees need to get their work done and see what that looks like from home. Find out if employees already own laptops or computers and if they don’t, decide if loaning out office equipment will be worthwhile.
  3. Plan Procedure. Figure out how the team will communicate with one another to stay on track to reach business goals. Think about how frequently group and individual check ins should occur and how to monitor remote work performance.
  4. Communicate. Let employees know about your new work from home policy and ask for their feedback. Employees want to be involved in organizational change and they might be able to fill in any unforeseen gaps in the policy with their on-the-job knowledge.

A good remote work strategy is the best way to keep both your employees and your business safe during the Coronavirus outbreak and if you don’t have one yet, now is the time to put one together.

Coronavirus 2020: Effectively Working from Home

Here are three tips for effectively working from home during the Coronavirus outbreak:

  1. Keep the Routine. It’s important in times like these to keep certain routines to minimize stress and maintain a sense of normalcy. It’ll also be easier to monitor remote work performance if employees are expected to be online during specific hours.
  2. Open Communications. More than half of remote workers feel lonely, according to research by Porch. Checking in with colleagues, asking them how they’re doing with everything going on, sharing something you think they’ll find funny, asking about their families, talking about a news headline, all of these things can increase social connectedness and stave off the loneliness. 
  3. Encourage Work/Life Balance. Recommend that employees get ready for work like they would on any other day. Encourage them to designate a space for work and take breaks at regular times to get in the working mindset. It can be nice on occasion to work from bed in your pajamas, especially if you’re sick, but it’s not good for productivity or mental health to continue to do so for an extended period of time. 

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How Will the Coronavirus Impact Your Business?

How Will the Coronavirus Impact Your Business?

How will the coronavirus impact your business? Employers respond to the spread of COVID-19 with strategies to help employees who don’t want to get tested or take time off.

Update: The number of coronavirus cases and deaths in the U.S. were updated as of April 13th, 2020.

The Center for Disease Control (CDC) is monitoring an outbreak of respiratory illness caused by the new coronavirus, COVID-19. Over 500,000 cases have been detected in the U.S. since January 21, 2020, resulting in over 20,000 deaths

There are a lot of workers out there who don’t have emergency savings and skip medical treatments they can’t afford. If those employees get sick, they might try to “push through it” and bring the virus to the workplace, infecting colleagues and further limiting productivity. 

Mercer has released a report to help employers understand how the spread of the coronavirus will impact their employees and how they should respond to it.

How Employers Are Responding to COVID-19

The initial employer response to the coronavirus has been to stay informed, protect and minimize exposure and take precautions, according to Mercer. This is what companies are specifically doing to minimize COVID-19’s impact on their business:

  • 96 percent of employers are not ending expatriate assignments.
  • 72 percent postponed nonessential travel to countries where there are confirmed cases of the COVID-19.
  • 68 percent are providing hand sanitizer in the workplace.
  • 58 percent are arranging for greater flexibility to work from home.
  • 58 percent are requesting self-quarantine of 14 days for staff that recently traveled to mainland China. 
  • 48 percent are providing masks in the workplace.
  • 43 percent have instituted a mandatary self-quarantine. 

How Will the Coronavirus Impact Your Business?

Nearly 90 percent of global employers are concerned about how the coronavirus will impact their businesses. Over 20 percent of employers are lowering threshold or target goals, changing or adding performance metrics, isolating China business and providing for automatic adjustment for the impact of the virus or allowing for discretionary adjustments at the end of the performance period to account for COVID-19’s impact on business results. 

Employers fear a serious impact if a large proportion of their workforce is ill. In the U.S., where employees going to work with a common cold happens regularly, it’s a valid concern that an employee with untested COVID-19 could come to work and spread the illness throughout the workplace. Mercer recommends employers listen to what employees are asking for, address their concerns, set firm policies to keep sick employees away from work and provide protection or prevention supplies onsite to limit the impact of the coronavirus. 

Review Your Business Continuity Plan

Mercer also suggests that employers review their business continuity plan to ensure they have a plan in place to handle global outbreaks of pandemics like the coronavirus. A good business continuity plan ensures continuity in the event of a disaster, enables ongoing operations and outlines procedures and instructions to follow in the face of a disaster; whether it is a natural disaster such as an earthquake or hurricane; a fire; a cyber-attack or a medical epidemic.

Employers can minimize employee panic by keeping up to date on reports from government entities like the World Health Organization, communicating updates frequently, following government guidelines, listening to employees and providing protection or prevention supplies. 

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Financial Stress, Health and Employee Wellness in 2020

Financial Stress, Health and Employee Wellness in 2020

Financial stress, health and employee wellness in 2020. New research highlights the mental and physical effects of financial stress on employees.

Financial planning is the best way to combat financial stress, but many Americans are ignoring the problem and only making matters worse. 

Less than a third of Americans have a financial plan in writing, according to research by Charles Schwab. More than 40 percent of them say it’s because they don’t think they have enough money to merit a formal plan, close to 20 percent say it’s too complicated and almost 15 percent say they don’t have enough time to create one. 

Financial Stress and Health Statistics for 2020

Financial stress is significantly impacting the lives of Americans. A report by Thriving Wallet, a new partnership between Thrive Global and Discover, found:

  • 90 percent of Americans say that money has an impact on their stress level.
  • 65 percent feel like their financial difficulties are piling up so much they can’t overcome them.
  • 40 percent wish they could have a ‘fresh’ financial start.
  • 40 percent say managing their money on a daily basis limits the extent to which they can enjoy their day-to-day life.
  • 25 percent make purchases they later regret when experiencing significant stress.

Financial stress has a negative effect on individuals’ attitudes towards money and research by Capital One and The Decision Lab found that the more stressed Americans are, the less likely they are to make smart decisions when it comes to spending and saving. 

How Financial Stress Impacts Health

It’s bad enough that financial stress skews individuals’ outlooks on finances and impairs their decision making, but its ability to negatively impact immune systems and overall physical health is worse. The same report by Thriving Wallet asked Americans to report negative finance-related impacts on health and found that financial stress effects:

  • Physical Health (21 percent)
  • Blood Pressure (17 percent)
  • Respiratory Symptoms (15 percent)
  • Somatic Issues (20 percent)
  • Rates of Tension (25 percent)

Nearly 35 percent of Americans report losing sleep to financial stress, and almost 25 percent of them experience symptoms such as insomnia, broken sleep, fatigue on waking, nightmares and night terrors. 

Financial Wellness Programs in 2020

Financial stress costs employers an estimated $250 billion per year in lost productivity and absenteeism. 

Over 30 percent of employees don’t have a written financial plan because they think it’s too complicated or they don’t have enough time. Effective financial wellness programs, like Best Money Moves, make it easy for employees to build a financial plan and track their goals.  

More than 20 percent of employees told the National Financial Educators Council (NFEC) that they don’t have anyone trusted to turn to for financial guidance. Features like Best Money Moves’ Money Coaches give employees access to trained professional financial counselors who can help them make smarter decisions with their money. Best Money Moves also hosts a library of 700 articles, videos and calculators that employees can use to build their knowledge on everything from investing to co-signing loans to buying their first homes. 

If you want to learn more about how Best Money Moves can bring financial wellness to your company download our whitepapers and sign up for a demonstration here.

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How to Manage Politics at Work

How to Manage Politics at Work

How to manage politics at work. Discussing politics at the office can be distracting, stressful, reduce productivity and inhibit collaboration.

Employees are stressed out about the upcoming presidential election. 

Nearly 80 percent of employees discuss politics at work and for more than 40 percent of them, it has impacted their ability to get work done, according to a new report by Gartner.

“During times of social and political change, employees expect more conscious action and policy from their organizations,” said Brian Kropp, chief of research in the Gartner HR practice. “To minimize the negative impacts of politics on the workplace, HR leaders must ensure that employee emotions and behaviors associated with the current political environment don’t distract and disengage the workforce or create a hostile work environment.”

Discussing Politics at Work 

More than 25 percent of employees say discussing politics at work has a moderate or significant impact on their ability to do their jobs. Over 30 percent say talking about politics at work is stressful or frustrating. 

Bringing up politics at work can also make it harder for employees with differing political views to work together. Nearly 40 percent of workers say the topic of the 2020 U.S. presidential election has led them to avoid talking to or working with a coworker because of their political views.

How to Manage Politics at Work

As the 2020 U.S. presidential election nears, Gartner recommends HR leaders focus on three areas to manage increased political expression and activity in the workplace:

1. Determine the Right Political Expression Policies for the Organization.

Gartner’s Election 2020 Survey found that at organizations with political expression policies, over 75% of employees agree with these policies.

After verifying federal, state and local laws that may have implications on regulating employee speech or activity, HR leaders should use their organization’s culture as a guide to determine what types of regulations to put in place around political expression in the workplace.

HR leaders should focus on clearly articulating the policy’s goals and the prohibited activities and behaviors, as well as disciplinary action taken if the policy is broken. Organizations should consider which forms of political expression are most likely to have the greatest impact on their workplace, rather than attempting to shut down all forms of political expression. HR leaders should work with managers to ensure the policies are enforced consistently.

2. Emphasize Organizational Commitment to Diversity and Inclusion.

Gartner found that in February 2020, 29% of employees witnessed at least one instance of unacceptable treatment of a coworker because of their political beliefs, including being called offensive names, being avoided by colleagues or being treated unfairly.

HR leaders should emphasize the organization’s commitment to ensuring a safe and inclusive work environment for all employees via their commitment to diversity and inclusion. HR leaders can emphasize the organization’s commitment to D&I by creating a space for safe, relevant communication about the election and reinforcing existing policies, processes and programs on workplace abuse, discrimination, harassment and bullying.

“To ensure employees remain focused and feel safe at work, HR leaders must train managers so they are well-equipped to support employees during the election process and deal with political conflict within their teams,” said Caroline Walsh, vice president in the Gartner HR practice.

3. Equip Managers to Support Employees and Address Political Conflict.

Managers play a critical role in mitigating risks associated with political expression in the workplace. HR leaders can help managers minimize the disruptive effects of politics in the workplace in several ways:

  • Sense and respond to the need for support. HR leaders must help managers recognize signs of distress among their employees, both directly (through conversations) and indirectly (through observation).
  • Monitor political discussions. HR leaders must partner with managers to monitor political discussions among team members, as well as address and manage sensitive political conversations between team members.
  • Model the right behaviors to reduce the likelihood of misconduct. HR leaders must ensure the managers at all levels understand organizational values and ethical standards so that they can effectively communicate and demonstrate them across the organization.

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