By Michelle Arieta As the seismic shifts caused by the Great Resignation continue to reverberate across the workforce, employees everywhere are looking to make a change motivated primarily by companies offering better compensation, including benefits. Record numbers of workers left their jobs in 2021. And, as the year came to a close, Ceridian’s annual Pulse…
American Airlines Launches Rights Issue Plan to Protect $16.5 Billion Tax Benefit
American Airlines Group Inc. said on Wednesday it was seeking shareholder approval for a rights offering plan to avert any hostile takeovers and preserve a $16.5 billion tax benefit, as the industry grapples with the Omicron coronavirus variant. The No. 1 U.S. airline said it had cumulative U.S. federal net operating loss carryforwards exceeding $16.5…
Handful of States Begin Paying Out Extra $300 Weekly Jobless Benefit
Around a dozen states have begun paying out the extra $300 per week in unemployment benefits that are part of the recently enacted COVID-19 relief bill, with most states poised to join them by mid-January. Jobless Americans in Arizona, California, Delaware, Idaho, Louisiana, Massachusetts, Minnesota, Mississippi, New York, North Carolina, Tennessee, and West Virginia can…
Feds Weigh Cutting Covid-19 Sickness Benefit for Canadians Who Have Travelled
OTTAWA—The federal Liberal government is weighing whether to bar people who have travelled overseas from a new sick−leave benefit that pays up to $1,000 to Canadians who have to quarantine due to COVID−19. The Canada Recovery Sickness Benefit was launched in the fall to help Canadians who are unable to work because they must quarantine…
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