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Read & Share: Mapped – The 50 Richest Women in the World in 2021
This content has been archived. It may no longer be relevant According to a recent census by Wealth-X, 11.9% of global billionaires are women. Even at such a minority share, this group still holds massive amounts of wealth. Using a real-time list of billionaires from Forbes, we examine the net worth of the 50 richest women in the world and…
Challenge to New Jersey Public Works Contractor
Registration Act Worth Tracking The New Jersey State Legislature passed an amendment to the New Jersey Public Works Contractor Registration Act in 2018 that required that contractors wanting to perform public work in New Jersey participate in a “qualifying” apprenticeship training program. The definition of what qualifies as a program under the new law is…
Implementing a new bonus program this year? There may be legal consequences you aren’t aware of.
Bonuses are a great way to incentivize employees throughout the year. However, depending on the type of bonus and how it is structured, and whether the employee receiving the bonus is exempt or non-exempt, employers may have different obligations. Non-Discretionary Bonuses Under the FLSA, non-discretionary bonuses are considered compensation for hours worked, services rendered, or…
Violence and Anarchy: Three Tips for Workplace Safety Policies
Personally, I found the January 6, 2021 attack on our nation’s government jarring, disgusting, and terrifying all at the same time. From speaking with clients, colleagues, and friends, I know that I am not alone. Many employees likely came to work (virtually or on-site) the next day unable to concentrate and fearful for the future….
Alert: The Paycheck Protection Program Is Now Accepting First Draw and Second Draw Applications
The Small Business Administration (“SBA”) reopened the Paycheck Protection Program (“PPP”) for First Draw PPP loans and is now also accepting applications for Second Draw PPP loans. The PPP now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP loan with the same general loan terms as…
Mecklenburg County, North Carolina, Issues New COVID Directive
On January 12th, Mecklenburg County’s Public Health Director issued a directive that people in Mecklenburg County should: only leave the home for essential activities; use virtual options for school, work and other activities where in-person activities are not required; utilize delivery services for food or groceries; avoid any recreational activities involving close contact with others;…
OK At Work: Classifications of Independent Contractors
On this week’s episode of OK at Work, Russell Berger and Sarah Sawyer discuss classifications for independent contractors. The Department of Labor issued a Final Rule regarding making a classification determination, which will take effect on March 8, 2021. Proper classification of a worker as an independent contractor or an employee is critical as it…
Coronavirus Supplemental Relief: Congress Gives New Tools to Distressed Landlords and Tenants
COVID-19 continues to impact businesses nationwide in 2021 and likely beyond. In response, on December 27, 2020, Congress passed the massive Consolidated Appropriations Act of 2021 (5000+ pages) into law. The Act contains targeted modifications to the United States Bankruptcy Code to encourage rent deferral negotiations between commercial landlords and their tenants while minimizing future…
Read & Share: Visualizing the Top 50 Most Valuable Global Brands
For many brands, it has been a devastating year to say the least. Over half of the most valuable global brands have experienced a decline in brand value, a measure that takes financial projections, brand roles in purchase decisions, and strengths against competitors into consideration. But where some have faltered, others have asserted their dominance and stepped…
Why The Little Things Matter
I was reading a recent article about a case filed in Georgia state court over a fire at a Red Roof Inn when I was reminded of an old adage about getting the little things right. John Wooden, the retired UCLA basketball coach, has perhaps one of the best versions of this concept: “It’s the…
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