July 23, 2020
In the “FTE Exception” column, if an employee is part time, was terminated “at will” or “laid off,” do they qualify for an FTE exception?
Posted by Armanino Financial Advisory Team
No, no and no. Part-time status is irrelevant, terminations must be for cause, and a layoff is exactly what the PPP program was trying to prevent, so you can’t get an exception for that either.