Actions and Detail Panel
Why Your Business Needs a Qualified Sick Pay Plan
Fri, April 21, 2017, 8:30 AM – 11:00 AM EDT
Presented by The Business-owner Strategies Group (BSG). Sponsored by MassMutual North Carolina.
Your favorite employee just told you she is terribly ill and probably won't be able to work for the next few weeks. You're a small business and you don't have a sick-pay plan in place so you do what any decent-hearted employer would do. You say "Take care of getting well and don't worry about work." So far, so good. But now the next pay cycle is coming around, what do you do?
Do you continue paying this valued employee? How much? For how long? What happens if a "less favored" employee becomes sick? Will you pay him/her? Can you deduct the expense? Do you have to book a liability on your balance sheet? For how long? If you don't know the answers to these questions, please join us to learn. A QSPP formalizes your answers to questions like these so you (or your client) can avoid unintended financial or legal exposures.
Business Owners and Advisors (CPA, Attorney, IAR), please join us for a light breakfast at this two-hour CE event. (For CE purposes, this event is limited to CPAs and Insurance-Licensed professionals currently licensed and practicing in North Carolina).
CE/CPE fees will be paid by the sponsor