On August 4th, the U.S. Small Business Association published new Paycheck Protection Program loan forgiveness FAQs. Our teams are working to review this new guidance and we will continue to keep you updated on how this may impact the loan forgiveness process, what is required as part of your forgiveness application, and how to use our in-app tools to support your application.
As of August 8, the SBA will no longer be accepting applications for Paycheck Protection Program loans. Learn about other small business financing options.
On Saturday, August 8, President Trump signed four executive orders aimed at providing economic relief and stimulus. Oasis is reviewing the pertinent orders and guidance, as it is issued, and will provide updates as soon as they become available.
Exciting News Regarding Phone Numbers and Email Domain
On Monday, July 20, 2020, Oasis, a Paychex® Company will begin utilizing an enhanced phone system. In addition, we will be transitioning our email domain from OasisAdvantage.com to OasisPEO.com effective Monday, July 27, 2020. These changes may impact the phone numbers/extensions and/or email addresses for your key points of contact. Any of your service team members who are impacted will contact you soon to share their updated information.
There's time (up to 24 weeks) to use your loan money and apply for forgiveness.
New details about PPP loans continue to be released. Rest assured - we'll let you know any time the Estimator, reports, worksheet and instructions are updated.
Workers Compensation COVID-19 FAQs
In response to the COVID-19 pandemic, many states have announced changes or proposed changes that may affect workers compensation insurance class codes.
For more information click here.
Return to Work from Furlough and Re-Hire Template Letters
As states re-open and more guidance becomes available, businesses will need to consider their staffing needs. To bring back an employee from furlough or to re-hire previously separated employees, you should send employees a written letter to acknowledge and respond to accepting or rejecting the offer in writing. We have developed templates to help make the process simpler and less time-consuming. Click here to learn more.
FFCRA Leave Request Form
There is a new FFCRA Leave Request Form available for your use when submitting PSL and EFMLA leave requests for your employees. This new form is located under the forms library section of the CSW.
Family First Coronavirus Response Act (FFCRA) Posters
On March 25, 2020, the U.S. Department of Labor Wage and Hour Division (WHD) released two (2) notices required by the Division E - Emergency Paid Sick Leave Act section of the Families First Coronavirus Response Act (FFCRA).
The notice(s) must be posted in a conspicuous place on the employer's premises. An employer may satisfy the requirement by emailing or direct mailing the notice to employees, or posting the notice on an employee information internal or external website. The DOL also released a FAQ page regarding the FFCRA notice. Please find links to the posters below:
For further information please reach out to your HR Generalist, Payroll Account Manager, or the HR Service Center at firstname.lastname@example.org.
Tracking of Employee Time Off and Termination Codes Related to COVID-19
Oasis has created a termination code and a leave code specific to COVID-19 situations in your business. When terminating an employee on the Client Service Website - you will select ?involuntary? and then code 901-COVID-19. If you are going to furlough or place your employees on an unpaid leave of absence you must complete the application for Leave of Absence and code to 902-Leave Unpaid, COVID-19. If you would like to track hours using the COVID-19 code, please contact your Payroll Account Manager to set this up.
Avoiding Phishing Scams
Phishing is a form of fraud in which a cybercriminal impersonates another entity or person to collect sensitive information or to send malicious links and attachments. Phishing attempts can be conducted over email, messaging services, and social networks. Unfortunately, phishing scams can also be a common tactic used around this time of year to capture your unique and personal information. Because of this, we wanted to share the following tips to help you identify potential phishing attempts:
Check the domain name
Look for spelling and grammar errors
Beware of requests for highly sensitive information
If it looks too good to be true, proceed with caution
Attention Federal Contractors and Subcontractors
Changes have been made to the Department of Labor Notice of Employee Rights Under Federal Labor Law. The notice must be posted in 11x17 format. You can download a copy in English and Spanish. If you need additional languages, click here.
IRS Form 226-J Penalty Communication
If you receive an IRS Form 226-J Penalty letter, please forward it to your Senior HR Generalist as soon as possible as the response requested is time-sensitive. The Oasis ACA team will review and provide guidance based on your particular experience for the tax year in question. If you have any questions, please contact your Sr. HR Generalist.