Month: September 2020

Relocating to work in the USA? Here’s what you should know

Working in the United States can be a great opportunity. Aside from new experiences, you also get to enjoy a culture that’s both similar yet different at the same time.

It’s important to note that when planning to live in any new country, preparedness is essential.

If you’ve been offered a new opportunity to relocate to the USA for work, it’s only natural to have questions as well. There are things that you might already know but there’s still much to learn. When relocating for work in the US, you can get plenty of information from government websites both on the state and federal level. If you already have a set location, local websites will also be helpful.

It is said that the US is one of the greatest countries to relocate for new opportunities. Here’s how to prepare:

Have Your Documents and Credentials Ready

There is plenty of paperwork

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Treasury relaxes rescue funding rules to allow private equity firms to apply

Private equity groups have won a concession allowing UK companies they own to access emergency state-backed loan schemes. The Treasury has relaxed the criteria used by banks to assess firms’ eligibility.

The move is a relief for companies in retail and hospitality owned by buyout groups. They include restaurants, such as Pizza Express, and Merlin Entertainments, which owns Legoland and Alton Towers.

The British Business Bank, which administers the schemes, said that firms applying for the coronavirus business interruption loan scheme (CBILS) or coronavirus large business interruption loan scheme (CLBILS) would be given more flexibility about whether their businesses were an “undertaking in difficulty”.

The CBILS allows companies to borrow up to £5 million, while up to £200 million is available through the large business scheme.

The private equity industry has long had something of a mixed reputation with the public. Buyout firms are often short-term investors in businesses, and

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Adweek lays off diversity and inclusion reporter O’Hara

Mary Emily O’Hara

Adweek magazine laid off diversity and inclusion reporter Mary Emily O’Hara, who started in February.

“My strongest skills stem from 15+ years of reporting and editing coverage of underrepresented communities, but I am also interested in branded content, affiliate link and partnership content, copywriting, diversity and inclusion consulting and community-building with purpose,” she said in a message.

O’Hara was previously an editor and reporter at Grindr’s LGBTQ news site INTO, which was shut down by the company in early 2019. She has also worked at NBC News, The Daily Dot, Vice Media and DNAInfo.

While at The Daily Dot, her 2016 coverage of emerging technology developments in transgender health care resulted in a Best Health Coverage award from the National Lesbian & Gay Journalists Association.

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What the changes actually mean

Chancellor Rishi Sunak has confirmed the £40bn furlough scheme will end on 31 October, to be replaced by a programme that will subsidise employees for part-time work.

So what do the new measures mean for employees and employers?

What will replace the furlough scheme?

Sunak gave in to pressure to keep subsiding wages, creating a new “job support scheme”.

It will start on 1 November and run for six months.

Under the job support scheme, companies will pay the wages of staff for the hours they work.

During the time the employee is not working, the government will pay them a third of their equivalent wages. And the employer will chip in the other third.

It means the worker will lose a third of their equivalent wages for the time spent off work.

How does the job support scheme compare to furlough?

Furlough paid 80 per cent of the

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