While a precise number is not known, it has been estimated that the total amount of retirement benefits unclaimed by U.S. employees exceeds $100 billion. Contributing factors may include “missing participants” who fail to maintain contact with former...By: Thompson Coburn LLP
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This webinar highlights risks and financial penalties associated with employee benefit programs. Employers of any size should be aware of common areas of exposure highlighted by recent case law and experiences. If risk managers fail to ensure...By: Thompson Coburn LLP
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Employers subject to the Occupational Safety & Health Administration’s (OSHA) reporting requirements have until March 2, 2020 to electronically file their 2019 Form 300A injury and illness summaries. Reporting is required for any establishment with...By: Thompson Coburn LLP
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As a new year starts, health care organizations looking to grow or sell their businesses in the upcoming months will need to tackle the key question of which transaction structure is the best fit in light of the competing considerations....By: Thompson Coburn LLP
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Twenty-four states, 48 cities and counties and Washington D.C. will increase their minimum hourly wages in 2020. In Missouri, the hourly minimum wage will increase to $9.45 per hour, effective January 1, 2020. Employers of tipped employees will need...By: Thompson Coburn LLP
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In a series of 3-1 decisions issued on December 16, 2019, the National Labor Relations Board (NLRB) overturned significant Obama-era precedents related to confidentiality rules for workplace investigations, employees’ use of company email accounts...By: Thompson Coburn LLP
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In light of a critical U.S. Supreme Court decision affecting an employer’s ability to enforce employment arbitration agreements, careful drafting is critical. Arbitration agreements may be useful when an employee raises employment-related disputes...By: Thompson Coburn LLP
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The California Consumer Privacy Act (CCPA) takes effect on January 1, 2020. Private litigants may begin to bring lawsuits under the CCPA for data breaches the same day. California’s Attorney General will begin enforcing the CCPA in its entirety six...By: Thompson Coburn 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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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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