Remove Governance Remove Payroll Remove Shutdown
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Government shutdown casts a spotlight on payroll pain points

Payments Source

As the federal budget dispute shoves an increasing number of government workers to the sidelines, there’s a window to provide payments relief that’s superior to options such as payday lending and bartering.

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Westgate Resorts: Why Faster Worker Pay Is Key To Reopening

PYMNTS

The United States economy is steadily reemerging from the COVID-19 pandemic-induced shutdown. Digital alternatives to conventional payroll processes are emerging that allow workers to access earned wages before payday, without the delays and complications associated with paper checks. Around The Changing Payroll Landscape.

Payroll 94
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PayPal Offers Interest-Free Cash Advances To Federal Employees

PYMNTS

To help those impacted by the government shutdown, PayPal is offering interest-free cash advances up to $500 to federal employees who are new or existing PayPal Credit customers. banks have been stepping up to help customers impacted by the government shutdown by offering forbearance on loans and the associated fees.

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Jos Growth Numbers Mark 100 Months Of Gains

PYMNTS

The government shutdown was no speed bump, at least, according to the latest job numbers. 1) morning found that job growth, as measured in January, sent nonfarm payrolls up by as many as 304,000 positions. Data released on Friday (Feb. That growth trounced estimates of 170,000 jobs created. The numbers, released by the U.S.

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United Airlines Announces Executive Staff Cuts

PYMNTS

Under the terms of the Congressional $25 billion bailout for the airline industry, employees must be kept on the payroll at least through the end of September. The amount did not include $5 billion in payroll support from the government. But United will have to wait for three months before it can issue pink slips.

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The Commercial Card Embraces A Season Of (Major) Change

PYMNTS

With a sense of intense urgency, the corporate card arena began to explore how to support some of the companies that were struggling the most as a result of an economic shutdown: small businesses. As the year pushed forward, government initiatives to support small businesses eased the cash flow burden on these firms.

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New Data: What COVID-19 Is Doing To Main Street SMBs

PYMNTS

For them, it all depends on how long the current lockdown/shutdown lasts and when consumer demand will return — and at what level. At that point in time, only 20 percent of SMBs we talked to that asked the government (at any level) for assistance received any, and only 17 percent that asked their banks for more funding had gotten it.