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Degree of Operating Leverage


Just as everyday life itself has changed dramatically over the past 15 months amid the COVID-19 pandemic, so has the concept of leadership. As human contact and face-to-face interaction were removed from federal operations largely during the pandemic, IT managers were forced to communicate and engage with their teams in new, often virtual, ways. Nonetheless, …

Friday June 4, 2021: Most unemployment numbers drop – but we’re not out of the woods yet America’s reopening continues in full force with 559,000 jobs added to employers’ payrolls in May, the vast majority coming from the “long-term unemployed” (that is, unemployed for more than one year, mainly victims of the COVID-19 pandemic). BLS, …

The Government Accountability Office recently urged the US Department of Labor issue guidance on cybersecurity issues with the goal of mitigating risks to 401 (k) and other pension plans. The GAO noted that there were trillions of dollars in employer-sponsored defined contribution pension plans and that the DOL had not clarified whether the plan’s trustees …

The COVID-19 pandemic has not dampened the positivity of marijuana drug tests, which continued to increase last year across the U.S. workforce as a whole, new analysis finds published May 26 by Quest Diagnostics. The company said it was the first large-scale analysis of anonymized drug test results performed by lab workers during the COVID-19 …

Synopsis of Seyfarth: At May 21, 2021, California health officials have confirmed that the state’s long-awaited reopening date of June 15 is a date. With this announcement comes the long-awaited publication of details on the restrictions that are about to be lifted.– which seems to be pretty much everything, at least at the state level. …

Download PDF “Not if, but when” is a phrase commonly used to describe the risk of a data breach. With just under $ 11 trillion in assets, employer-sponsored pension plans are a particularly attractive target for cybercriminals. Through audits and advice on best practices, the Department of Labor (DOL) encourages pension plan sponsors to pay …

The US Department of Labor (DOL) has officially withdrawn a Trump-era rule that was announced to clarify independent contractor status under the Fair Labor Standards Act (FLSA). The repeal took effect on May 6, 2021. The ruling indicates that the current DOL will examine the relationships of independent contractors with a view to characterizing more …

Towards the end of President Trump’s term, the US Department of Labor (“DOL”) issued a new rule to determine the difference between “employees” and “independent contractors” under the Fair Labor Standards Act (“FLSA”) . This is an important distinction because the FLSA provides various protections for employees, including establishing minimum wage and overtime requirements, which …

Synopsis of Seyfarth: New York City has joined the growing list of jurisdictions to establish a mandatory automatic retirement savings IRA program for private sector employers who do not provide employees with access to a retirement plan. In doing so, it is part of the trend to offer employees who do not have access to …

Pension plans are increasingly subject to cybersecurity concerns, and the United States Department of Labor (DOL) is taking note. On April 14, 2021, the DOL published cybersecurity tips “For plan sponsors, plan trustees, record keepers and plan members on best practices for maintaining cybersecurity, including advice” for hiring service providers and online safety advice for …