Coronavirus (COVID-19) – Changing the HR and Benefits Landscape

The economic impact of the coronavirus epidemic it’s starting to show its consequences on the HR and benefits landscape, small-businesses being the ones affected the most these days.

But the impact can be seen throughout the global economy, more and more businesses are joining together to come up with ways of sustaining the business environment.

We hope that you and your teams are safely weathering this disruption and that everyone is finding innovative ways to adapt to these unprecedented circumstances.

Per usual, we here at VantagePoint Benefit Administrators will continue to provide you with the same level of service and support you have come to expect from our team.

Here are some of the latest inquiries we are receiving:

Temporary Staffing Changes

Staffing changes due to Coronavirus Shutdown is creating confusion and uncertainty in the HR landscape.  The recent directives to ensure social distancing along with the required and voluntary closure of many non-essential businesses are causing many employers to quickly evaluate and establish work-from-home policy and procedures, plus an evaluation of staffing needs.

The closure and modification of normal business activities are resulting in a significant reduction in staffing for numerous businesses, especially in the service/retail industries.

Layoffs, reduction of employee hours, and the cutting of benefits by employers will increase the administrative burdens on small businesses as we move through this crisis.

We are fielding numerous questions on the best ways to handle these situations, including the best ways to continue healthcare coverage for staff.

VantagePoint is poised to help you with these HR issues as well as the proper administration of COBRA benefits and Employee Notifications.

Work-From-Home Employees

This unusual occurrence presents the opportunity to utilize this ‘remote-time’ and ensure regulatory compliance with various rules and requirements.

As many of you know, NYC and NYS require every business to conduct Sexual Harassment Prevention Training for all its employees and supervisors on an annual basis.

VantagePoint’s Online Sexual Harassment Prevention Training platform can help your clients ensure that they are compliant and free from liability as we move forward through 2020.

Companies are currently calling us with the issues that we’ve highlighted above. So let’s help them together!

We are providing a 10% courtesy discount to help during these trying times.

We are continuing to get many engagements on these single issues in addition to our integrated HR, Payroll, and Benefits Solutions; so please do not hesitate to reach out for assistance.

Click here for more information or contact us to discuss your specific needs.