Becker LLC Staffing Industry M&A Podcast: Working Capital Discussion with Jeremy Falendysz from UHY
Over the past two years, we have received a number of requests asking us to dedicate one of our podcasts to Working Capital. In what is a long overdue conversation, Martin Borosko, Esq. examines the concept of Working Capital in Human Capital Management related acquisitions with Jeremy Falendysz, Partner & Managing Director from UHY Corporate […]
How Low Can You Go? Recent Federal Court Decision on FLSA Class Certification Looms Ominous for Trucking Employers
Written by Erik Derr, Esq. & David Frankel, Esq. Trucking company owners are well-versed in the potential tax exposure and legal risks of misclassifying employees as independent contractors. A recent federal court decision in the Northern District of Illinois further heightened this risk. The court in Shumate v. Forsage, Inc., Case No. 1:24-cv-00931, held that an single employee […]
Christopher Leddy, Esq. Gives Legal Update at the Spring TempNet Conference
March 28, 2025 Staffing Team member Christopher Leddy, Esq. gave the attendees at the Spring 2025 TempNet Conference an essential legal update on aspects that are affecting their industry which included employment law changes, contract considerations and the growing role of artificial intelligence in the staffing industry. Chris’ key topics included: AI in Employment & Staffing: Understanding the […]
Red Alert: Examining the Elevated Risk of Mistakes with Employee Benefits Diligence.
Marty Borosko, Esq., Staffing Practice Leader from Becker LLC, recently sat down with Sarah Miskel, VP of Private Equity Due Diligence at the Marsh McClennan Agency, where they discussed the elevated risk acquirers in the HCM and staffing industry take on when they make mistakes during the employee benefit diligence. During their half hour conversation, […]
Excessive Expense Reimbursements are not a “Golden Ticket” to Reducing Overtime Pay
Written by: David Frankel, Esq. & Maria Matkou, Esq. On November 8, 2024, the U.S. Department of Labor (“DOL”) published FLSA2024-01 (the “Opinion Letter”), opining as to whether daily expense payments for tools and equipment may be excluded from employees’ regular rates when calculating overtime. Although opinion letters are non-binding, they can provide useful guidance to employers. […]
Look Up! Recent NJDOL Settlement Reminds that Federal Statutes Provide the Floor for Worker Protections, not a Ceiling
November 4, 2024 Many trucking companies look to federal statutes and related authority for guidance on a myriad of labor-related issues, including whether to classify workers as independent contractors or employees. Although consulting federal legal authority is necessary, it is not, on its own, sufficient: federal law provides a floor for worker protections but, in […]