Employers could also be disenchanted to be taught that the Ministry of Labor Lately printed rule clarifying the definition of “unbiased contractor” will in all probability now not come into impact on March 8e, 2021. January 20e, the White Home issued a regulatory freeze stopping all government companies, together with the Division of Labor (“DOL”), …

The brand new interpretation of the US Division of Labor (DOL) that rolling boards could also be fiduciary “funding boards” for the needs of the Workers Retirement Earnings Safety Act 1974, as amended (ERISA) , will pressure corporations within the monetary companies business to rethink whether or not and the way they supply this important …

On January 20, 2020, the Biden administration froze guidelines revealed within the Federal Register that haven’t but come into impact, together with a last Division of Labor (DOL) rule stating whether or not a employee is an “worker” or a “Unbiased contractor” below the Truthful Labor Requirements Act (FLSA) and a last rule revising its …

The valuation of the shares of a personal firm is on the coronary heart of the operation of an worker share possession plan (ESOP), the place the worth of worker retirement advantages will depend on the worth per share of the peculiar shares of the plan sponsor allotted to their staff. particular person ESOP accounts. …

An usually ignored free useful resource obtainable to employers and practitioners, Division of Labor Opinion Letters present steerage on deciphering federal wages and hours regulation. Nonetheless, simply because the Obama administration suspended the apply of issuing op-eds for a interval of seven years, many speculated that Biden’s Division of Labor (DOL) would as soon as …