COVID-19 Impact – Update March 18, 2020

Dear IECRM Members and Partners,
IEC National held a Coronavirus (COVID-19) Special Update for IEC Members. A link to the webinar recording is now available below for those that couldn’t attend in real time. Please share with your colleagues and friends to help them navigate the Coronavirus landscape.
IECRM is focused on supporting our members, partners, students, and community. Please let Marilyn or a member of the IECRM team know how we can support you during this time. We will be gathering from the CDC, State of Colorado, partner, legal, HR, policy and small business resources to update and share with our IECRM community. Please watch for our communications.
For live updates please like/follow us on our social media where we will be posting links to resources as we receive them.
Recent and Upcoming COVID-19 Impact Resources:
Hosted by ARTiculate: Real&Clear
Thursday, March 19
12:00 p.m. Mountain
COVID-19 Update for Employers:
Focus on OSHA Guidance and Workplace Health and Safety Issues
Hosted by Ogletree Deakins an IEC National Industry Partner
Tuesday, March 24, 2020
12:00 p.m. – 1:00 p.m. Mountain
COVID-19 Update for Employers:
Employee Benefits and Compensation Issues
Hosted by Ogletree Deakins an IEC National Industry Partner
Wednesday, March 25, 2020
12:00 p.m. – 1:00 p.m. Mountain
Additional Resources:
Economic Outlook with Jim Huntzinger (3.18.2020)
Efforts to contain the spread of COVID-19 are significantly affecting the economy and markets but aggressive efforts should result in a strong rebound later this year.
Jim Huntzinger, BOK Financial’s Chief Investment Officer, weighs in on the latest developments and financial actions by Federal Reserve, President and Congress.

From the Colorado Chamber of Commerce:

The U.S. Senate today passed the Families First Coronavirus Response Act, which contains the same provisions as the House version that passed over the weekend.

The bill is on its way to President Trump’s desk, which he is expected to sign. Broadly, the multi-billion dollar relief package does the following:

  • Requires most employers to provide up to two weeks of paid sick leave and three months of paid family and medical leave for COVID-related absences. Each quarter, employers will get a fully-refundable tax credit for the wages paid (up to a certain amount).
  • Gives states the ability to expand unemployment insurance eligibility.
  • Provides for free testing of the virus for those eligible.
  • Boosts the Supplemental Nutrition Assistance Program and increases funding for Medicaid.

More details on how these provisions will impact employers  can be found in our update here.

Congress is now working on a separate coronavirus relief proposal, which could provide additional assistance to small businesses. The Colorado Chamber will continue to update members on these developments.

Click here to view a list of up-to-date legal resources provided by Fisher & Phillips an IECRM Industry Partner.
Subscribe to  Fisher Phillips’ alert system  to gather the most up-to-date information. For further information or advice on how to satisfy notice requirements as an employer, contact your Fisher Phillips attorney or any member of  our COVID-19 Taskforce , or review our  Comprehensive and Updated FAQs .
Colorado Takes Further Action to Address Public Health Threat of COVID-19
DENVER – Today Governor Jared Polis provided an update on the state’s response to COVID-19 and announced new executive actions to protect the health and safety of Coloradans. Earlier today at a news conference, Governor Polis announced the launch of the  Help Colorado Now  effort where Coloradans can donate or volunteer, as well as the Colorado COVID Relief Fund, which has already raised nearly $3 million to help Coloradans impacted by the coronavirus.  READ MORE
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