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Degree of Operating Leverage


On July 29, 2021, the US Department of Labor announced that it was repealing a final rule released last year (2020 Final Rule) that sought to clarify the standard for finding two separate entities as “co-employers” under the Fair Labor Standards Act. (FLSA). The 2020 Final Rule was a welcome development for franchise businesses, as …

This discussion should be read in conjunction with the unaudited consolidated financial statements of Northrim BanCorp, Inc. (the “Company”) and the notes thereto presented elsewhere in this report and with the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. Except as otherwise noted, references to “we”, “our”, “us” or “the …

Wednesday August 4, 2021 President Biden’s $ 6 trillion 2022 budget proposal focuses on protecting workers, including the American Jobs Plan and the American Families Plan. These two plans contain work and numerous employment initiatives. The budget proposes increased funding for the Department of Labor (“DOL”), the Equal Employment Opportunity Commission (“EEOC”) and the National …

President Biden’s $ 6 trillion 2022 budget proposal focuses on protecting workers, including the American Jobs Plan and the American Families Plan. These two plans contain work and numerous employment initiatives. The budget proposes increased funding for the Department of Labor (“DOL”), the Equal Employment Opportunity Commission (“EEOC”) and the National Labor Relations Board (“NLRB” …

Ken Fisher’s RIA, which employs 4,000 people, took 40 years to manage $ 100 billion in assets, experienced a downturn, and then resumed operations. Ken Fisher fought against the cancellation of culture and won – to the tune of about $ 100 billion in new assets under management. His eponymous company, Fisher Investments, topped all …

Hello and welcome to the opening day of the 2021 Industry Liaison Group (ILG) National Conference. After a one-year hiatus, the 2021 ILG National Conference officially kicked off today in Nashville, TN. Providing access to programming both virtually and in person, the conference works hard to address the realities of operating in a COVID world. …

On July 29, 2021, the United States Department of Labor (“DOL”) announced that it would repeal the Trump-era rule (the “Joint Employer Rule”) relating to the determination of joint employers for the purposes of assigning responsibility for wages and hours violations under the Fair Labor Standards Act (“FLSA”). The Joint Employer Rule, which came into …

United States: Watch your limits – FedRAMP publishes draft guide on licensing limits for public consultation July 30, 2021 Sheppard Mullin Richter & Hampton To print this article, simply register or connect to Mondaq.com. The FedRAMP Program Management Office is seeking comments on its Draft FedRAMP Authorization Limits Guide, Version 2.0, released July 13, 2021. …

The US Department of Labor announced on July 29 that it would repeal the March 2020 rule on joint employer status under the Fair Labor Standards Act (the “2020 Rule”). The DOL’s action removes the regulations set by the 2020 rule and will go into effect on September 28, 2021. 2020 Joint Employer Rule The …

Wed Jul 28, 2021 3:30 PM Second round of funding makes $ 48 million available to help New Yorkers find quality, well-paying jobs and to meet businesses’ short- and long-term labor needs √ Consolidated funding requests through the regional economic development councils open on Monday, August 2 Governor Andrew Cuomo on Wednesday announced the launch …