Alternatives to Layoffs during COVID-19


Presented by: Gerard Panaro

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On April 1, 2020, the U.S. Department of Labor issued a temporary rule implementing the FFCRA's paid leave requirements. The rule provides direction for administration of the Emergency Paid Sick Leave Act (EPSLA); provides direction for the effective administration of the Emergency Family and Medical Leave Expansion Act (EFMLEA); and is intended to provide guidance to the regulated community as they implement the statutory requirements.

There are many positions in a bank which either the courts have classified as "nonexempt" or which, based on the nature of the position, arguably may be exempt or nonexempt. For example, the Supreme Court ruled in 2015 that mortgage loan officers are not exempt under the FLSA, so there is no doubt about that. In another action, loan appraisers won a settlement ruling that they were not exempt employees. On the other hand, a loan officer may or may not be classified as an "exempt" employee, depending on the nature of his/her job, the amount of independent judgment and discretion s/he exercised, salary, and other factors. (Simply being paid on a salary basis, by the way, does not automatically make one an "exempt" employee.)

So this webinar will do much more than simply acquaint you with the highlights of the FFCRA; it will also present you with ideas, options and alternatives for avoiding outright terminations and will do so specifically in the context of banking and banking jobs.

About the Speaker: Gerard Panaro, Esq. is a graduate of the Georgetown University Law Center, admitted in D.C. and Maryland, and holds a Ph.D. in philosophy from Boston College. He is resident in the D.C. office of Howe & Hutton, a Chicago law firm with another office in St. Louis, Missouri.

Mr. Panaro has focused on employment law for nearly the entire 25 years he has been an attorney. He is the author of a nationally recognized treatise on employment law, Employment Law Manual, a 1500-page volume that was first published in 1990. He is also a regular contributor of articles to numerous HR magazines and publications, and a speaker and trainer. He is a Bankersonline Guru.

This program was recorded in its entirety in May 2020. The CD-ROM includes program slides, materials (if available) and follow-up Q & A document.

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This product was added to our catalog on Wednesday 01 April, 2020.

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