Posts in category

Degree of Operating Leverage


On May 5, just months after the US Department of Labor issued its final rule to clarify the classification of independent contractors under the Fair Labor Standards Act (FLSA) – the DOL issued a statement to withdraw the rule. The withdrawal will take effect on May 6. The action follows DOL’s hint of its disfavour …

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 …

What is the degree of operating leverage? The degree of operating leverage (DOL) is a measure used to assess the change in a company’s operating income after a percentage change in its sales. The operating leverage of a business consists of evaluating fixed costs and variable costs against sales. Fixed costs do not change with …

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 …

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The Labor Department this week released guidance for advisers who appeared to take a tough stance on conflict of interest by interpreting the Trump-era exemption for trustees operating in the retirement space. Tuesday’s announcement from the department drew praise from some investor advocates, who hope the Labor Department and the SEC will work to tighten …