CARES Act Executive Compensation Provisions

The $2.3 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act1 provides a variety of stimulus and relief programs to employers negatively impacted by COVID-19. Each program has different eligibility requirements and may impose limits on employee compensation that can be paid by companies that participate in the program. This alert discusses those programs and limits. This alert also discusses the limited payroll tax relief provided under the CARES Act. READ MORE