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Coronavirus-Related Sick Leave and Short-Term Disability Payments Could Exceed $23 Billion for Employers
Integrated Benefits Institute
Apr. 7, 2020 "[P]otential sick leave wages, short-term disability (STD) payments and spending on employee benefits for absent workers could total more than $23 billion. Up to 5.6 million employees could be impacted, with almost 3 million workers at firms with fewer than 500 employees entitled to paid leave per the [FFCRA] that went into effect on April 1, 2020." |
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