Neuberger Quoted in CNN Business About What Furloughed Workers Can Expect
01 April 2020
CNN Business
Of Counsel Mark Neuberger was quoted in the CNN Business article, “Stuck at Home, But Can’t Do Your Job Remotely? Here’s What to Expect.”
Many employers are having to make tough calls on the fly as the COVID-19 pandemic plays out and wreaks havoc on the economy. Some are trying to figure out if they can keep employees on the payroll or if they should furlough them with an implicit promise to bring them back when things improve. Or if they should lay them off altogether.
Furloughing can have benefits implications, Neuberger said. Depending on how a company’s health plan is written, the employer may continue subsidizing furloughed workers’ health insurance premiums, whereas that might not be allowed for laid-off workers.
Many employers are having to make tough calls on the fly as the COVID-19 pandemic plays out and wreaks havoc on the economy. Some are trying to figure out if they can keep employees on the payroll or if they should furlough them with an implicit promise to bring them back when things improve. Or if they should lay them off altogether.
Furloughing can have benefits implications, Neuberger said. Depending on how a company’s health plan is written, the employer may continue subsidizing furloughed workers’ health insurance premiums, whereas that might not be allowed for laid-off workers.
People
Related News
07 January 2025
In the News
Christopher Swift Quoted on Legal Challenge to Block of Nippon's U.S. Steel Acquisition
Foley & Lardner LLP partner Christopher Swift commented on a lawsuit filed by Nippon Steel and U.S. Steel challenging the Biden administration's decision to block Nippon's acquisition of U.S. Steel in The Capitol Forum article, "Legal Challenge to Biden Ban Faces Tough Odds."
07 January 2025
In the News
Roger Strode Discusses Health Systems' Approach to Dealmaking in 2025
Foley & Lardner LLP partner Roger Strode commented in the Modern Healthcare article, "How state laws, regulations could shape hospital deals in 2025," giving insight on how health systems are approaching deals in the year ahead amid regulatory and financial challenges.
06 January 2025
In the News
Kyle Faget Describes Expectations, Concerns for Medical Technology in 2025
Foley & Lardner LLP partner Kyle Faget is quoted in two Medtech Insight articles on key challenges the industry is facing in the year ahead.