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On April 23, 2024, the Department of Labor announced a final rule increasing the Fair Labor Standards Act’s annual salary-level threshold from $35,568 to, eventually, $58,656 over the next year and a half. As a reminder, the Fair Labor Standards Act (FLSA) requires covered employers to pay employees a [...]
Beginning on January 1, 2024, many companies in the United States will have to report information about their beneficial owners, i.e., the individuals who ultimately own or control the company. Make sure you’re ready. In 2021, Congress enacted the Corporate Transparency Act that, beginning January 1, 2024, will require [...]
For prior coverage from the Chapman Firm on what businesses need to know about the Families First Coronavirus Response Act, please read our overview of the Act and our FAQs on Expanded FMLA and Emergency Paid Sick Leave. As more and more state and local officials implement strict stay-at-home/shelter-in-place orders, [...]
For prior coverage from the Chapman Firm on what businesses need to know about the Families First Coronavirus Response Act, please read our overview of the Act and our FAQs on Expanded FMLA and Emergency Paid Sick Leave. The Internal Revenue Service and the Department of Labor have issued a [...]
On March 18, 2020, the Senate passed, and the President signed into law, the House’s recently amended Families First Coronavirus Response Act (“FFCRA”) in response to the COVID-10 pandemic. The Chapman Firm has been closely following this legislation and has published a series of articles (here, here, and here) to [...]
On March 18, 2020, the Senate passed, and the President signed into law, the House’s recently amended Families First Coronavirus Response Act (“FFCRA”) in response to the COVID-10 pandemic. The Chapman Firm has been closely following this legislation and has published a series of articles (here, here, and here) to [...]
This is an emerging story. Before implementing any policies described, be sure to check on the status of enacted legislation. For information about the original Families First Bill, please see my March 16, 2020 article. On March 18, 2020, the Senate passed, and the President promptly signed into law, the [...]
This is an emerging story. Before implementing any policies described, be sure to check on the status of enacted legislation. For information about the original Families First Bill, please see my prior article. Over the weekend, the U.S. House of Representatives passed the Families First Coronavirus Response Act providing for mandatory [...]
Early Saturday morning, March 14, 2020, the U.S. House of Representatives passed the Families First Coronavirus Response Act designed to provide assistance to American workers in response to COVID-19. The Bill has bipartisan support, passing the House by a vote of 363 – 40. While the Bill deals with a number of [...]
On September 24, 2019, the Department of Labor issued a final rule updating the earnings thresholds necessary to exempt executive, administrative, and professional employees from the minimum wage and overtime pay requirements of the Fair Labor Standards Act (FLSA). Employers need to be aware of the following notable points from [...]