Epstein Becker Green (EBG) has been recognized again this year in Law360’s Diversity Snapshot as one of the top 25 law firms for minorities among law firms of its size.
New Wage and Hour Opinion Letters on Nondiscretionary Bonuses, the Highly Compensated Employee Exemption, and Rounding Practices
After a brief, two-month hiatus, the Wage and Hour Division of the U.S. Department of Labor (“WHD”) has issued another round of opinion letters answering various questions submitted by the public. Specifically, these opinion letters address the calculation of overtime pay for nondiscretionary bonuses, the application of the highly compensated employee exemption to paralegals, and rounding hours worked under the Service Contract Act (“SCA”). This guidance marks the first issued by the new Wage and Hour Administrator Cheryl Stanton, who has been in the seat since April.
Employers will shortly be forced to publish gender pay gap information. Harry Fehily, Managing Partner, takes a look at the hammer which is about to break the glass ceiling.
According to the Federal Law 89-FZ from 24.06.1998 «On production and consumption wastes», taking into account the changes introduced into it by 458-FZ with regard to the requirements for the implementation of waste recycling standards and environmental fee payments manufacturers and providers of a certain type of products face an issue of establishing independent organizations to ensure compliance with prescribed standards.
RSS is one of the leading insurance law teams in Eastern Canada, comprised of 40 lawyers, two of which are full me research lawyers, and three paralegals, to beer fulfill our clients’ needs. Our two satellite offices in Saguenay and Saint-Jérôme provide impeccable service to clients in those regions. Our Insurance Law Pracce Group’s acvi- es — involving coverage, liability and recovery teams — reflect the vitality of people focused on exceeding clients’ expectaons while providing a smulang environment for young lawyers.
Cleaver Fulton Rankin has been part of the Belfast and wider Northern Ireland community for over 125 years. As a leading commercial law firm, we have a fundamental responsibility to contribute to the wider society that we serve and the local communities we are a part of.
Potential Tax Implications of Investment in Shares of a ‘For Profit’ Company by a Charitable Institution
India has a large number of ‘not for profit’ institutions in the form of public charitable trusts, societies and Section 8 companies. These institutions are not only engaged in socio-economic development activities for poor and economically backward classes but are also involved in education and health care sectors and have set up successful educational institutions and hospitals across India. Many of these charitable institutions have hugely profitable balance sheets and want to invest in share capital of other companies. The moot question that arises is whether these tax-exempt charitable institutions are entitled to participate and invest in other ‘for profit’ companies and continue to avail their tax exemptions.
Arbitration is a private alternative to court litigation. Michael Carrigan, is our Dispute Resolution Consultant and Arbitrator, navigates this deciding process.
I hope you are enjoying the summer. We have had a busy six months since our last edition.
We are coming to terms with Brexit. There has been much discussion of the negative impacts of this prolonged period of uncertainly. We are buoyed by the figures released by IDA, which suggest that since the UK’s referendum on EU membership in 2016, 70 Brexit-related investment have led to more than 5,000 jobs being created. George Kennedy, Partner, provided some interesting insights in his recent interview with Business Plus.
For decades, employers have rounded non-exempt employees’ work time when calculating their compensation. Maybe they have rounded employee work time to the nearest 10 minutes, maybe to the nearest quarter hour, but they done it and, generally, the courts have approved of it.