On November 20, 2019, the Commonwealth’s highest court issued a significant decision regarding overtime compensation, which makes it illegal for employers to use the "fluctuating work week" method ("FWW") to calculate overtime....By: Saul Ewing Arnstein & Lehr LLP
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The Employee Benefits Practice is pleased to present the Employee Benefits Developments Newsletter for the month of November 2019. Click through the links below for more information on each specific development or case....By: Hodgson Russ LLP
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On November 18, 2019, Florida Senator Lori Berman (D) introduced Senate Bill 962, which proposes to provide job applicants and employees who use medical marijuana various protections in employment....By: Seyfarth Shaw LLP
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As a result of a custodial trustee’s resignation, assets for Severstal Wheeling, Inc.’s (“Severstal”) two ERISA-covered retirement plans were transferred to a new trust. The retirement committee for the Severstal retirement plans (“Committee”)...By: Hodgson Russ LLP
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Seyfarth Synopsis: Knowledge that a competitor or former employee is misappropriating trade secrets is difficult to come by. At the same time, however, once a company has notice that misappropriation may be occurring, the statute of limitations...By: Seyfarth Shaw LLP
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Given the tax advantages for grantees and flexibility provided to grantors, a profits interests program can serve as a useful tool for companies looking to incentivize key employees and service providers. What are profits interests? Businesses that...By: Thompson Coburn LLP
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In October, the Department of Labor (DOL) published a proposed rule that offers a new, additional electronic safe harbor option that retirement plan sponsors would be able to use to furnish notices and disclosure to participants and beneficiaries....By: Hodgson Russ LLP
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In response to an amicus brief submitted by the Equal Employment Opportunity Commission (EEOC), the National Labor Relations Board (NLRB) has agreed to review General Motors LLC, a case which reveals a tension between the National Labor Relations Act...By: Hinshaw & Culbertson LLP
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United Kingdom - Expansion of Shortage Occupation List for Immigration Purposes - The Shortage Occupation List (SOL) has recently been updated in accordance with the recommendations of the Migration Advisory Committee (MAC). The SOL has been...By: Seyfarth Shaw LLP
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According to March 2018 Bureau of Labor statistics, 23 percent of private sector, full-time employees in the U.S. do not have access to a workplace retirement plan. The percentage without access to a workplace retirement plan increases to 32 percent...By: Thompson Coburn LLP
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