Handbooks as an AI Legal Compliance Tool
Written by: David Frankel, Esq. & Maria Matkou, Esq. AI is quickly reshaping staffing firms’ practices, offering unprecedented efficiencies and innovations. However, although AI provides staffing firms with tremendous opportunities, AI also brings along some legal challenges. This article aims to identify some regulations pertaining to AI and suggest a way to cover them in […]
Staffing Industry M&A Podcast: ”Demystifying the Private Credit Market for Staffing Industry Founders”
For most middle market staffing firm founders, the private credit market is a mystery. Martin Borosko, Staffing Practice Leader at Becker LLC, sat down with Chad Gardner, Managing Partner of Bridgepoint Investment Banking, on a recent Saturday morning to demystify the private credit market. In their conversation, Gardiner explains how middle market founders can leverage […]
Important Update on Federal Exemptions from Overtime – You Can Pay Less Now
Written By: Christopher Leddy, Esq., David Frankel, Esq., and Maria Matkou, Esq. Previously, our firm published an article warning employers of a new U.S. Department of Labor (“DOL”) Rule (the “Rule”) regarding increases to the salary thresholds for federal exemptions from minimum wage and overtime under the Fair Labor Standards Act (the “FLSA”). As predicted in the […]
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 […]
Employers Prepare for the Next Round: NLRB Takes Aim at Non-Competes and “Stay or Pay Provisions”
October 22, 2024: Written by Erik Derr, Esq. & David Frankel, Esq. After the FTC’s recent attempt to ban non-compete agreements was stopped by the courts, the Office of the General Counsel for the National Labor Relations Board (the “NLRB”), Jennifer A. Abruzzo, issued Memorandum GC 25-01 affirming her intent not only to “urge the […]