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Employee Benefits & Human Resources

Coronavirus fallout: Cornell sets hiring, salary freeze

ITHACA — Cornell University says it has a plan to help it deal with the financial fallout of the coronavirus pandemic, which has squeezed the revenue streams of the higher-education industry. The plan’s elements include a hiring freeze, a salary freeze, and an “immediate” suspension of discretionary spending. Cornell Provost Michael Kotlikoff and Joanne DeStefano, […]

Unemployment Insurance Benefits Under the CARES Act

On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) — a $2.2 trillion stimulus bill to respond to the coronavirus pandemic. The unemployment-insurance portion of this act, known as the Relief for Workers Affected by Coronavirus Act, provides enhanced unemployment benefits including larger benefit amounts, availability for

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