ule DOL Plans To Unveil Overtime Rule In October By www.littler.com Published On :: Thu, 30 Jun 2022 16:22:44 +0000 Lee Schreter comments on why raising the overtime salary threshold might not be a good idea with a recession on the way. Law360 Employment Authority View (Subscription required.) Full Article
ule Proposed Overtime Rule Now Projected to Come Out in Fall By www.littler.com Published On :: Thu, 30 Jun 2022 16:27:06 +0000 Lee Schreter comments on the U.S. Department of Labor’s proposed overtime rule, which is tentatively slated to be released in October, and the Fair Labor Standards Act’s independent contractor rule. SHRM Online View (Subscription required.) Full Article
ule Next Up From DOL: Overtime, Independent Contractor Rules By www.littler.com Published On :: Tue, 20 Sep 2022 17:42:42 +0000 Michael Lotito weighs in on the U.S. Department of Labor's Wage and Hour Division’s key proposals and nominations. Law360 Employment Authority View (Subscription required.) Full Article
ule 3 Tips For Navigating DOL's New OT Rule By www.littler.com Published On :: Fri, 03 May 2024 15:50:21 +0000 James A. Paretti Jr. says the DOL’s new overtime rule is likely to face a legal challenge, so employers should start reviewing their workforces but stop short of implementing changes right away. Law360 Employment Authority View (Subscription required.) Full Article
ule PBGC Finalizes its Rule Simplifying the Calculation of Withdrawal Liability for Multiemployer Pension Plans By www.littler.com Published On :: Fri, 22 Jan 2021 14:20:56 +0000 On January 8, 2021, the Pension Benefit Guaranty Corporation (PBGC) issued its final rule modifying the calculation of withdrawal liability by multiemployer pension plans. This final rule amends the agency’s regulations on allocating unfunded vested benefits to withdrawing employers (29 C.F.R. § 4211) and notice, collection, and redetermination of withdrawal liability (29 C.F.R. § 4219). Full Article
ule Department of Labor Announces Non-Enforcement Policy and Intent to Revisit ESG, Proxy Rules By www.littler.com Published On :: Fri, 12 Mar 2021 14:05:58 +0000 On March 10, 2021, the Department of Labor’s Employee Benefits Security Administration (EBSA) announced that it will not enforce or otherwise pursue enforcement actions with respect to two recently issued final rules amending the “investment duties” regulation under Title I of the Employee Retirement Income Security Act (ERISA). Full Article
ule What Employers Need to Know About the PBGC’s Interim Final Rule About the Special Financial Assistance Program By www.littler.com Published On :: Tue, 13 Jul 2021 20:39:28 +0000 Full Article
ule Pension Insurer Rule Details Multiemployer Plan Financing By www.littler.com Published On :: Thu, 15 Jul 2021 20:56:24 +0000 Sarah Bryan Fask talks about the federal government’s temporary rescue of more than 200 union-brokered pension plans. Bloomberg Law View (Subscription required.) Full Article
ule PBGC Issues Proposed Rule on Withdrawal Liability Actuarial Interest Rate Assumptions By www.littler.com Published On :: Fri, 14 Oct 2022 21:11:27 +0000 On October 14, 2022, the Pension Benefit Guaranty Corporation (PBGC), the federal agency that insures and regulates private-sector defined benefit pension plans under Title IV of the Employee Retirement Income Security Act of 1974 (ERISA), published a proposed rule governing employer withdrawal liability. Full Article
ule DOL Issues Final Rule for ERISA Fiduciaries Considering Socially Conscious Investments By www.littler.com Published On :: Mon, 12 Dec 2022 14:18:28 +0000 Employers offering 401(k) and similar retirement plans should familiarize themselves with a new rule published by the Employee Benefits Security Administration of the U.S. Department of Labor, Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights, which takes effect on January 30, 2023. Full Article
ule Proposed Overtime Rule Scheduled to Be Published in May By www.littler.com Published On :: Tue, 17 Jan 2023 18:04:48 +0000 Shannon Meade examines the key labor and employment regulatory actions included in the Biden administration’s long-awaited Fall 2022 Unified Agenda of Regulatory and Deregulatory Actions. SHRM Online View (Subscription required.) Full Article
ule Texas Court Sets Aside the FTC’s Non-Compete Rule with Nationwide Effect By www.littler.com Published On :: Wed, 21 Aug 2024 14:22:41 +0000 Employers that rely on non-compete agreements to protect their trade secrets and other legitimate business interests got some welcome news on August 20. Full Article
ule Michigan Supreme Court Clarifies Minimum Wage & Tipped Rates and Schedule for 2025 and Future Years By www.littler.com Published On :: Thu, 19 Sep 2024 15:37:47 +0000 On September 18, 2024, at the request of the State of Michigan and its attorney general, the Michigan Supreme Court clarified issues relating to future minimum wage rates and minimum cash wage rates for tip-credit employees stemming from an earlier opinion. Full Article
ule Gotta tip ’em all? Understanding the UK’s new gratuity rules By www.littler.com Published On :: Thu, 26 Sep 2024 17:14:50 +0000 This article was originally posted in International Employment Lawyer. Full Article
ule Mandatory Shareholder Approval of Executive Compensation: SEC Releases Final Rules on "Say on Pay" By www.littler.com Published On :: Fri, 04 Mar 2011 02:08:17 +0000 The recently enacted Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank") mandates, for publicly traded companies, shareholder advisory votes on compensation packages provided to top executives and on "golden parachute" packages payable in connection with corporate transactions. Full Article
ule SEC Issues Proposed Rules Regarding Incentive-Based Compensation Arrangements for Certain Financial Institutions By www.littler.com Published On :: Wed, 23 Mar 2011 00:09:49 +0000 The Securities and Exchange Commission (SEC) released proposed rules on March 2, 2011, in connection with provisions of the Dodd-Frank Act that prohibit "covered financial institutions" from providing incentive-based compensation that encourages inappropriate risks, by providing either excessive compensation or incentives that could lead to material financial loss to the institution. Full Article
ule IRS Proposed Regulations Clarify Certain Equity Compensation Rules Under IRC Section 162(m) By www.littler.com Published On :: Sat, 09 Jul 2011 02:18:33 +0000 Section 162(m) of the Internal Revenue Code (the "Code") generally limits the deductibility of compensation paid by a publicly traded corporation to its top executive officers (the "covered employees") to $1 million annually (the "Million Dollar Cap"). However, this limit will not apply to certain amounts that qualify as "performance-based compensation." Compensation attributable to stock options, stock appreciation rights ("SARs") and restricted stock grants may qualify as performance-based compensation if they meet certain requirements. Full Article
ule Texas Supreme Court Rules for Exxon: A New Day for Noncompete-Triggered Forfeitures in Texas? By www.littler.com Published On :: Mon, 08 Sep 2014 13:22:08 +0000 On August 29, 2014, the Texas Supreme Court in Exxon Mobil Corp. v. Full Article
ule Rules for UK Visit Visas and Permitted Paid Activities Have Changed – Here's How By www.littler.com Published On :: Fri, 01 Mar 2024 21:27:32 +0000 In the Chancellor of the Exchequer’s Autumn Statement, Jeremy Hunt promised that “the government will expand the business Visitor rules to allow businesspeople to engage in a wider range of permitted activities and paid engagements, to take effect from January 2024. The government will also explore further reforms to the business visitor rules during 2024.” The first of these changes took effect from January 31, 2024. They were not a major reform of the business and other permitted activities that can be carried out on a visit visa, but there are some important changes. Full Article
ule Belgium: New Rules Apply in the Brussels Capital Region Regarding International Mobility By www.littler.com Published On :: Fri, 20 Sep 2024 14:47:21 +0000 The rules on the employment of third-country nationals (which apply regionally) were recently amended in the Brussels Capital Region by an ordinance issued on February 1, 2024, and its implementing decree on May 16, 2024. The following is a summary of these new rules. Full Article
ule The Supreme Court overruled affirmative action. What’s next? By www.littler.com Published On :: Tue, 11 Jul 2023 18:46:48 +0000 David Christlieb talks about the Supreme Court striking down affirmative action, as well as its decision in siding with an employee who refused to work. WGN Radio View Full Article
ule Justices' Chevron Ruling Threatens DOL Wage Rulemaking By www.littler.com Published On :: Tue, 02 Jul 2024 21:13:34 +0000 Michael Lotito says the U.S. Supreme Court’s decision to nix Chevron deference sends a message to federal agencies that the days of administrative overreach are over. Law360 Employment Authority View (Subscription required.) Full Article
ule Fifth Circuit Vacates DOL’s 80/20/30 Rule for Tipped Employees By www.littler.com Published On :: Fri, 23 Aug 2024 22:19:53 +0000 On August 23, 2024, in Restaurant Law Center v. U.S. Department of Labor, the U.S. Court of Appeals for the Fifth Circuit vacated the U.S. Department of Labor’s so-called “80/20/30 Rule” that governed how tipped employees must be paid under the Fair Labor Standards Act (FLSA). The Fifth Circuit found the Rule was inconsistent with the text of the FLSA, and was arbitrary and capricious. Full Article
ule Judge Issues Nationwide Injunction on FTC Noncompete Final Rule By www.littler.com Published On :: Fri, 23 Aug 2024 23:19:02 +0000 Melissa McDonagh said employers should continue to be thoughtful with their approach to noncompete agreements, ensuring compliance with existing state laws and monitoring the status of the FTC noncompete rule as it winds its way through the appellate process. WorldatWork View Full Article
ule OSHA rules in crosshairs after court ruling By www.littler.com Published On :: Fri, 13 Sep 2024 16:42:42 +0000 In the wake of the Supreme Court’s Loper decision, Jamie Spataro says existing regulations and standards that went through extensive rulemaking are ripe for being challenged. Business Insurance View (Subscription required) Full Article
ule What employers need to know now that the 80/20 tip credit rule has been overturned By www.littler.com Published On :: Fri, 13 Sep 2024 16:44:44 +0000 Dan Boatright discusses the Fifth Circuit Court of Appeal’s decision to strike down the 80/20 labor rule and what that decision means for employers. Nation’s Restaurant News View Full Article
ule Questions surround proposed FAMLI rules as program preps for January launch By www.littler.com Published On :: Fri, 03 Nov 2023 16:34:43 +0000 David Gartenberg said he is worried about the fact that the rule leaves the FAMLI benefits out of alignment with unpaid Family and Medical Leave benefits allowed under federal law. The Sum & Substance View Full Article
ule The City of Euless Repeals Texas’s Only Predictive Scheduling Ordinance By www.littler.com Published On :: Mon, 14 Oct 2024 19:20:27 +0000 The Euless, Texas Fair Overtime and Scheduling Standards Ordinance that imposed predictive scheduling obligations on covered employers is no more. The Unusual Origin of the Ordinance Full Article
ule FDIC Approves Final Rule to Update Its Section 19 Regulations – Insured Depository Institutions Have Until October 1, 2024 to Comply By www.littler.com Published On :: Fri, 06 Sep 2024 20:35:57 +0000 The FDIC has approved a final rule, effective October 1, 2024, to update its Section 19 regulations to conform to the Fair Hiring in Banking Act. While the FDIC made certain clarifying changes based on public comments received, as predicted, the final rule largely aligns with the proposed rule. Insured banks and credit unions must undertake a “reasonable, documented inquiry” to verify that a person with a covered offense on their record is not hired. Full Article
ule New Jersey Quietly Rolls Back Temporary Suspension of Employer Withholding Rules for Teleworking Employees By www.littler.com Published On :: Thu, 28 Oct 2021 20:21:30 +0000 Effective October 1, 2021, the New Jersey Division of Taxation (the “NJDT”) ended the temporary relief period with regard to employers’ obligation to withhold income taxes for teleworking employees who work in New Jersey.1 Employers must therefore stop basing their obligation to withhold and remit income taxes on the employer’s jurisdiction, and instead should do so based on where the employee’s service or employment is performed. If that location is New Jersey, employers should withhold New Jersey taxes from such wages. Full Article
ule British Columbia Updates Rules for Investigations, Working Children By www.littler.com Published On :: Wed, 29 Sep 2021 16:08:08 +0000 George Vassos explains new rules that broaden and clarify British Columbia’s ability to investigate employment compliance matters and tighten rules for hiring children younger than 16 years old. SHRM Online View (Subscription required.) Full Article
ule NCAA Rules to Be Aware of Before Reaching an NIL Deal By www.littler.com Published On :: Mon, 28 Nov 2022 20:20:25 +0000 The National Collegiate Athletic Association (NCAA) recently issued new guidance regarding name, image, and likeness (NIL) endorsement deals with college athletes. The NCAA’s most recent guidance aims to provide clarity on NIL rules and is important for all businesses entering NIL deals with collegiate athletes, as well as colleges and universities subject to NCAA rules. The NCAA’s Past Guidance Full Article
ule Changes to Florida’s Name, Image, and Likeness Rules By www.littler.com Published On :: Wed, 12 Apr 2023 20:39:04 +0000 Name, Image and Likeness (NIL) opportunities have been a hot topic in college sports since the summer of 2021. In July 2021, the NCAA released an Interim NIL Policy. Before then, individual states had passed laws allowing college athletes to enter NIL deals. Florida was one of the earliest states to enact an NIL law. Passed in 2020, it went into effect in July 2021. Recent amendments to Florida’s NIL law will have a substantial impact upon businesses looking to enter NIL deals with athletes at Florida schools and upon Florida schools with intercollegiate athletic programs. Full Article
ule Washington State Wildfire Smoke Rules Impose New Employer Requirements By www.littler.com Published On :: Thu, 11 Jan 2024 23:02:10 +0000 Washington State wildfire smoke rules take effect January 15, 2024. Employers must develop a wildfire smoke response plan, train employees on its use, and monitor jobsites for exposure levels. As many Washington residents are aware, wildfires, and wildfire smoke, are becoming an increasingly regular occurrence. The increase in wildfires has often led to days—or even weeks—of smoky air throughout the state. Full Article
ule What Unionized and Non-Unionized Employers Need to Know About OSHA's Worker Walkaround Rule By www.littler.com Published On :: Thu, 04 Apr 2024 19:25:20 +0000 Full Article
ule California Indoor Worker Heat Rule’s Revival Too Late for Summer By www.littler.com Published On :: Wed, 24 Apr 2024 20:32:20 +0000 Alka Ramchandani-Raj talks about the revised Cal/OSHA rule on indoor heat standards that would apply to all industries. Bloomberg Law View (Subscription required.) Full Article
ule Compliance Countdown To New Calif. Workplace Safety Rules By www.littler.com Published On :: Mon, 01 Jul 2024 21:00:35 +0000 Adam Fiss, Alka Ramchandani-Raj and David Dixon discuss California Labor Code Section 6401.9, which will implement the first general industry workplace violence prevention safety requirements in the U.S. Law360 View (Subscription required.) Full Article
ule House GOP takes aim at Biden heat safety rules By www.littler.com Published On :: Thu, 01 Aug 2024 20:05:52 +0000 Felicia Watson said lawmakers should oppose a proposed OSHA rule to protect workers from extreme heat because it would force employers into the role of taking care of employees like children. E&E News View (Subscription required) Full Article
ule House Subcommittee Hearing Raises Concerns About Proposed Heat Illness Rule By www.littler.com Published On :: Thu, 01 Aug 2024 20:07:49 +0000 Felicia Watson discusses three concerns about a proposed OSHA rule that would protect indoor and outdoor workers from heat illness. SHRM View (Subscription required) Full Article
ule Business Concerns Loom Over California’s Indoor Worker Heat Rule By www.littler.com Published On :: Fri, 16 Aug 2024 20:43:43 +0000 Alka Ramchandani-Raj discusses California’s new indoor and outdoor heat rule for employees and the ambiguity surrounding how the rule will be enforced. Bloomberg Law View (Subscription required) Full Article
ule Are You Ready for the June 18th PWFA Rule? By www.littler.com Published On :: Thu, 25 Apr 2024 17:56:18 +0000 Full Article
ule The DOL’s Final Overtime Rule By www.littler.com Published On :: Wed, 22 May 2024 20:41:42 +0000 Full Article
ule Understanding the NLRB’s Healthcare Rule in Light of Recent Union Organizing Trends and Board Decisions By www.littler.com Published On :: Tue, 16 Jul 2024 16:59:01 +0000 Full Article
ule Considerations for Compliance with FTC Noncompete Rule By www.littler.com Published On :: Mon, 05 Aug 2024 16:07:25 +0000 Full Article
ule China’s New Cross-Border Data Transfer Rules Substantially Reduce Compliance Burdens for Multinational Employers By www.littler.com Published On :: Wed, 27 Mar 2024 20:33:12 +0000 Multinational employers operating in China have been waiting since September 2023 for the Cyberspace Administration of China (CAC) to finalize proposed revisions to its complex and burdensome rules for cross-border data transfers. Relief arrived on March 22, 2024, when the CAC published the “Provisions on Promoting and Regulating Cross-border Data Flows” (the “Approved Provisions”), which went into effect on the same day. Full Article
ule Six high-stakes employment rules that could tilt on the election By www.littler.com Published On :: Thu, 07 Nov 2024 14:48:53 +0000 Michael Lotito, Jim Paretti, and Shannon Meade discuss what a new administration will mean for employment law and employers. American City Business Journals View (Subscription required) Full Article
ule What A Trump Or Harris Win Means For Stalled Noncompete And Overtime Rules By www.littler.com Published On :: Mon, 11 Nov 2024 23:36:20 +0000 Jim Paretti and Shannon Meade discuss how the election will affect the fate of overtime and noncompete laws. Forbes View (Subscription required) Full Article
ule Texas Court to Weigh Overtime Rule With Trump Rescission Looming By www.littler.com Published On :: Tue, 12 Nov 2024 21:55:58 +0000 While the state of Texas and businesses tries to convince a federal district court that the US DOL went beyond its authority with a rule expanding overtime protections, Jim Paretti says that if employers in Texas continue operating business as usual, they will be doing so at their own risk. Bloomberg Law View (Subscription required) Full Article
ule Labor & Employment Firms Expect Demand Surge as Bosses Face Uncertainty Over Rules Changes By www.littler.com Published On :: Tue, 12 Nov 2024 22:02:19 +0000 Amidst question marks with the NLRB and workplace regulations because of the new administration, Michael Lotito says employers should consult their counsel about preventative steps. The American Lawyer View (Subscription required) Full Article
ule Notice of Ministerial Approval of Amendments to OSC Rule 91-507 Trade Repositories and Derivatives Data Reporting and Consequential Amendments to OSC Rule 13-502 Fees By www.osc.ca Published On :: Thu, 10 Oct 2024 14:22:57 GMT The Minister of Finance has approved amendments to Ontario Securities Commission (OSC) Rule 91-507 Trade Repositories and Derivatives Data Reporting and consequential amendments to OSC Rule 13-502 Fees (collectively, the Amendments) pursuant to Full Article