Understanding the Employee Retention Credit for 2020 and for 2021

Published by Gusto

The pandemic continues to present small businesses with new challenges, and as a result, the government has stepped in to offer financial relief resources. Key among these is the Employee Retention Credit (ERC) which was established in the CARES Act.

Read now to understand how credit works, eligibility requirements, credit calculations, and a few FAQs to help you better understand if the ERC is right for your business. 

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Related Categories Compensation & Benefits, Rewards and Incentives., Employee Rewards, Employee Compensation, Bonus Structure, Employee Benefits, Health Insurance, Pension & Retirement, Vacation & Sick Time, Equal Opportunity, Workforce Management, Regulatory Compliance, Human Resources, Corporate Social Responsibility, Temporary and Outsourced Staffing, Talent Management, Staff Training, Recruitment, Performance Reviews