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Once he is allowed to re-open, won't the first issue go away as well? I believe unemployment benefits are contingent on not having a job to go back to. If they'
by kevinskii 6y ago
Once he is allowed to re-open, won't the first issue go away as well? I believe unemployment benefits are contingent on not having a job to go back to. If they're allowed to return to work and your friend wants them back, then they couldn't choose to stay home and continue to collect unemployment.
- ibejoeb 6y agoThe other perversity is that grant conversion, i.e., forgiveness of the PPP loan, is contingent on rehiring. If the requisite number of former employees do not return, the business will be required to repay, and that is tantamount to paying employees with no ROI.