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Degree of Operating Leverage


Monday April 26, 2021: the director of the OFCCP prepares the ground for what is to come: the audit selection methodology of the CSALS and OFCCP continues OFCCP Director Jenny Yang Kicks Off DEAMcon21 (DirectEmployers 2021 Annual Meeting Conference) with a bang! Prior to a record-breaking virtual turnout from DE members, partners, and state and …

On April 14, 2021, the Department of Labor’s Employee Benefits Security Administration (“ZIEB“) issued, for the first time, guidance on best practices for maintaining cybersecurity. The guidance comes in the form of three documents: “Cyber ​​Security Program Best Practices”, which aims to help plan trustees and service providers meet their responsibilities for managing cyber security …

Investors Genstar, Aquiline and Atlas have sold Ascensus in a transaction valued at $ 3 billion to bring together experts in the preparation of the Stone Point IPO, according to reports. Take that. Genstar and Aquiline just sold Ascensus at a value of $ 3 billion after an asking price of $ 2 billion failed …

On April 27-28, the Multistate Tax Commission Uniformity Committee (UC) virtually held its spring meeting. In addition to voting for the adoption of a UC charter, the following uniformity projects have been put forward: Partnership project– The CU approved a recommendation from the standing subcommittee to develop a model or uniform state law on partnership …

Last month, the Department of Labor (DOL) abruptly proposed removing a new rule that would specify which workers are “independent contractors”. A brief review shows that his rationale for backtracking is disappointing at best, revealing a lack of in-depth analysis of the economic impact and a left versus right power struggle. Sadly, millions of workers …

On April 14, 2021, the United States Department of Labor (DOL) released three-part guidance on cybersecurity issues for employee benefit plans, marking its first major comment on the matter since its comprehensive but non-binding report. in late 2016. The DOL guidelines come amid an increase in high-profile lawsuits stemming from allegations by pension plan members …

COMMENT A persistent political argument used to support all kinds of policy changes is that American women earn 82 cents for every dollar a man earns. On March 24, you may have noticed that the national media and feminist activists proclaimed “Equal Pay Day,” the day that every year, women’s pay is supposed to catch …

State and federal regulators, Congress, and the Complainants Bar are increasingly focusing on complying with the Mental Health Parity and Addiction Equity Act (MHPEA), especially given the opioid epidemic and the impact of COVID-19 on mental health. Compliance and enforcement of the MHPAEA is a top priority for the United States Department of Labor (DOL) …

Dive brief: President Joe Biden announced last week that his candidate for the post of Deputy Secretary for Occupational Safety and Health at the Department of Labor is Douglas L. Parker, the current Head of California’s Occupational Safety and Health Division (Cal / OSHA). Prior to his role with Cal / OSHA, a position he …

The American Rescue Plan Act of 2021 (“ARPA”) provides that, for the period from April 1, 2021 to September 30, 2021, if an individual’s Consolidated Omnibus Budget Reconciliation Act (“COBRA”) qualifying event is involuntary termination of employment or reduction of hours (each a “person eligible for assistance”), then 100% of the COBRA premium is paid …