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March 16, 2020 11:45am

Your Latest COVID-19 Updates

During this critical time, it’s important that we not only take care of ourselves physically, but also emotionally. The news can be frightening and the future seems uncertain at the moment, so it’s critically important that we take some down time to help our emotional states adjust. First, getting plenty of rest and eating well will help us maintain both our physical and emotional well-being. But it’s also important to unplug from the news every so often and take a break to exercise at home by taking a walk (while practicing recommended social distancing), spending time with your family or reading a book. This crisis won’t last forever, and it’s important that we stay emotionally strong for ourselves, our families and our community.

For those of us who are able to work remotely, here are some helpful tips to make your work-from-home arrangement more productive, healthy, & happy from Fast Company:

  1. Get dressed and stick to your morning routine
  2. Create a dedicated work space
  3. Set and maintain your normal hours
  4. Focus on your output
  5. Eat healthy lunches
  6. Schedule more check-ins with your team
  7. Limit distractions

Here are today’s top updates:

We’ve all been inundated with headlines over the weekend, so here’s a quick recap of the most important happenings:

  • Charter is offering free Spectrum broadband and Wi-Fi access to households with K-12 and/or college students who do not already have a Spectrum broadband subscription at any service level up to 100 Mbps. To enroll call 1-844-488-8395. Installation fees will be waived for new student households.
  • The U.S. House of Representatives passed the “Families First Coronavirus Act,” (H.R. 6201) which passed provisions relating to paid family medical leave, paid sick leave and unemployment insurance for businesses with fewer than 500 employees. The bill now moves to the Senate, where it is expected to pass this week.
  • The Federal Reserve cut interest rates to near zero to keep markets functioning and to ensure lending continues to business and consumers. The idea is for businesses to be able to afford to continue operations for those businesses facing a sudden drop in customers. The Fed will also buy at least $700 billion in bonds, is relaxing banks’ reserve and buffer requirements and will provide short-term loans to banks.

Investor Question of the Day: What are best practices for employers who have 24/7 business operations and non-exempt staff?

GLI encourages regional employers to continue to prioritize workplace safety and wellness to minimize the community spread of the disease. This means encouraging employees to stay home if they are sick, following CDC guidelines to prevent illness, being flexible with your leave policies, and ensuring that you communicate these changes to your employees.  The Society of Human Resource Managers (SHRM) offers good health, wellness and leave benefits for employers. For employers that must continue in-person operations, the CDC offers guidelines and best practices for keeping employees safe during this crisis and the SBA also offers guidance for Coronavirus planning and response for small businesses.

At GLI, our mission is to provide value for our investors and we want to hear from you. What questions do you have about how your business should prepare or respond during this COVID-19 crisis?

GLI is committed to continuing to keep our business community as informed as possible about COVID-19 and related recommendations.

Stay safe & healthy,
Sarah Davasher-Wisdom