| Client Relief - PPP | Client Relief - EIDL | Client Relief - General Resource | New CU process | New VP + Compensation Update |
|---|---|---|---|---|
|
They can apply through partnering bank/credit unions.
How do clients apply for the PPP?
|
Directly applying to SBA!
How do clients apply for the EIDL?
|
Everyday!
Bench gets updates on client relief news every _____.
|
1-2 months
What is considered a small scope?
|
On Target Earnings
What does OTE stand for?
|
|
They must run payroll!
What requirement must C-corps and S-corps meet in order for them to be eligible to apply for the PPP?
|
All Entities!
Who can apply for the PPP?
|
Everyday!
How often does Bench offer client-facing Webinars?
|
No.
Will the OC team be collecting documents for small scope CU clients that are already in KU?
|
$1000
How much is ops associates receiving for the end of tax season bonus?
|
|
Any small business with less than 500 employees
Who can apply for the PPP?
|
Economic Injury Disaster Loan
What does EIDL stand for?
|
2pm everyday
What time is our internal daily operations client relief webinar?
|
$20
How much will KU AAs get paid per month of CU?
|
1. Tax Season Bonus
2. VP 3. Base Pay (Base + LSA)
What are the three components that make up OTE?
|
|
• Payroll/Commission
• Group Healthcare/Insurance • Mortgage Interest • Rent & Lease • Utilities • Interest on any debt incurred prior to the covered period
What can the clients use these funds for? Name at least 3 of the 6.
|
• Gross Revenue
• COGS
What number(s) do we need to send the client if they are applying for the EIDL?
|
Fundera
Who is Bench partnering with to help clients apply for loans?
|
Ketch-up Slack Bot!
How will AA’s be notified if a client of theirs has purchased short scope work?
|
Complexity points and % clients reviewed within the past 90 days
What are the two components of the new VP structure?
|
|
• 2019 Income Statement,
• 2019 Payroll summary (big payroll providers offer PPP docs) • PPP Loan calculator report using Bench Template
What document(s) will we need to send the client if they are applying for the PPP? Name all that may be applicable.
|
Feb 1, 2019 to Jan 31, 2020
What scope (ie. date range) are we sending the client for documents that are needed to apply for the EIDL?
|
• Client relief news slack channel!
Bench has a client relief live chat function from 9am-5pm PST. Where can you find this live chat?
|
You MUST indicate this by slacking “ketchup-complete” in the Tiny Ketchup slack channel.
How does an AA indicate the CU work is completed?
|
1. April 30
2. Effective may 1, see in may 15 paycheck 3. Will be applied starting May, paid out June 15 paycheck
When are the following going to be paid out according to last Friday's all-hand?
1. end of tax season bonus 2. Increase to base compensation 3. New VP Payout |
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