There has been a significant change regarding what construction is considered “essential” and may continue. Based on new language that we now have, companies that previously received specific approval of a construction project must reevaluate that...By: Bond Schoeneck & King PLLC
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The Setting Every Community Up for Retirement Enhancement Act of 2019 (Act) was signed into law on December 20, 2019. The Act represents the first comprehensive legislation impacting retirement plans in over a decade and includes provisions affecting...By: Bond Schoeneck & King PLLC
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On February 6, 2020, Governor Andrew Cuomo signed an amendment to New York Labor Law § 592 that reduces the period of time that striking workers must wait before receiving unemployment insurance benefits. The amendment took effect immediately....By: Bond Schoeneck & King PLLC
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Data privacy should be a top concern for US businesses that may enter into merger and acquisition transactions this year. If your business collects, processes, stores, or transfers identifiable information relating to individuals (“Personal Data”) or...By: Bond Schoeneck & King PLLC
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The New York State Department of Labor, after holding multiple hearings across the state regarding the impact of tip credits for employees covered by the Minimum Wage Order for Miscellaneous Industries and Occupations, issued a report recommending...By: Bond Schoeneck & King PLLC
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Tax-exempt employers that sponsor or offer Internal Revenue Code Section 403(b) plans (including non-ERISA plans) have until March 31, 2020 to complete the amendment and restatement of those plans....By: Bond Schoeneck & King PLLC
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On December 19, 2019, the National Labor Relations Board (the Board) held that employers can require employees to keep internal investigations confidential during the pendency of the investigations. This decision, Apogee Retail d/b/a Unique Thrift...By: Bond Schoeneck & King PLLC
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On Thursday, December 19, 2019, the Senate voted in favor of an omnibus spending bill that includes some of the most significant retirement reform to take place in more than a decade. This reform comes in the form of the Setting Every Community Up...By: Bond Schoeneck & King PLLC
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On December 23, the National Labor Relations Board reversed its 2014 decision in Babcock & Wilcox Construction Co, Inc., and reinstated the legal standard for deferring to the arbitration process that had existed prior to the Babcock decision....By: Bond Schoeneck & King PLLC
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Employers in New York will be required to comply with the new state minimum wage rates and the new state salary thresholds to qualify for the executive and administrative exemptions, effective December 31, 2019....By: Bond Schoeneck & King PLLC
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