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Program Preservation Initiative: Coping With the Economic Downturn
Lawyers Alliance helps nonprofits cope with the legal impact of the Economic Downturn at a time of increased demand for their services. There are strategies that nonprofits can adopt to preserve programs and manage risks caused by anticipated cuts in State and City budgets, decreases in foundation support, and rising pressures on individual donations.
In 2009-2010, we are making it a priority to offer legal representation services and educational programs that foster stability and support the resilience of the nonprofit sector during this challenging financial period.
This month's board topic is Furloughs: A Tool for Managing Personnel Expenses
1. What is a furlough?
2. Must all employees be furloughed or can only a segment of the workforce be subject to a furlough?
3. Are there special concerns when furloughing exempt employees?
4. Does advance notice of a furlough need to be given?
5. Will a furlough effect employee benefits?
For answers, see our most recent Legal Alert on the Furloughs: A Tool for Managing Personnel Expenses
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