Expert Compliance Insights & Tips for Businesses
Reminder: Deadline to Use Updated Fair Credit Reporting Act Summary Approaches
February 13, 2024
62 view(s)
In March 2023, the Consumer Financial Protection Bureau (CFPB) published an updated version of a required notice under the Fair Credit Reporting Act (FCRA). Employers must give this notice, “A Summary of Your Rights Under the Fair Credit Reporting Act” (Summary), to job applicants and certain employees after credit and background checks. For the most part, companies should provide the Summary w...
EEOC Launches Initiative for Vulnerable Workers
February 6, 2024
44 view(s)
On January 29th, 2024, the U.S. Equal Employment Opportunity Commission (EEOC) launched what is known as the REACH initiative (Initiative). Specifically, the agency named the new program “Enhancing OutREACH to Vulnerable Workers and Underserved Communities.” In summary, the REACH initiative is a multi-year effort that focuses on ensuring that the EEOC’s outreach and education efforts effectivel...
DOL Recovers $900K for Overtime Violations
January 30, 2024
76 view(s)
The Department of Labor (DOL) recently announced recovering $901,625 in back wages and liquidated damages for workers denied overtime pay. Specifically, the January 24 release states that a Florida grocery store employer wrongly exempted 75 workers from overtime pay. Markedly, wage and hour standards under the Fair Labor Standards Act (FLSA) include a federal minimum wage, mandatory overtime pa...
IRS Releases Guidance on Reporting Digital Asset Transactions
January 23, 2024
67 view(s)
On January 16th, 2024, the Treasury Department and Internal Revenue Service (IRS) released information regarding digital asset transactions for employers. In summary, the IRS released Announcement 2024-4, informing businesses about updates to the reporting of digital asset transactions. Explicitly, employers will not need to report the receipt of digital assets like they must report the receipt...
Final Rule Targets Worker Misclassification
January 18, 2024
54 view(s)
On January 9th, 2024, the U.S. Department of Labor (DOL) announced a final rule for worker misclassification prevention. In summary, the rule will help employers and workers better understand employee classifications. This includes when a worker qualifies as an employee or an independent contractor under the Fair Labor Standards Act (FLSA). Previously, in July 2023, the DOL’s Wage and Hour Divi...
DOL Releases Annual Civil Monetary Penalty Adjustments, Effective 1/15/2024
January 16, 2024
88 view(s)
On January 11th, 2024, the U.S. Department of Labor (DOL) made civil monetary penalty adjustments for 2024. In brief, these penalties are assessed annually and enforced by the DOL. Altogether, the adjustments are pursuant to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (Inflation Adjustment Act). The final rule was effective January 15th, 2024. Earlier, the DOL ...
New Year Brings New Labor Law Obligations to Employers in 2024
January 9, 2024
58 view(s)
Historically, new laws and minimum wages take effect every January, bringing new labor law obligations for employers. Even if the federal government fails to pass new or amend existing laws, state legislatures pass their own. In summary, this creates a patchwork of state and local laws that can impact two locations of a company differently. During 2023, the government passed laws ranging from w...
NLRB Issues New Standard to Assess the Lawfulness of Work Rules
December 19, 2023
61 view(s)
Recently, the National Labor Relations Board (NLRB) adopted a new standard for evaluating the legality of employer work rules. Specifically, the standard addresses any work rules claimed to be facially unlawful under Section 8(a)(1) of the National Labor Relations Act (NLRA). The NLRB’s decision overruled the earlier Boeing Co. (2017), which the Board later refined in LA Specialty Produce Co. (...
OSHA Releases Guidance on Winter Weather Safety
December 12, 2023
59 view(s)
As December and winter begin, the Occupational Safety and Health Administration (OSHA) updated its online resources on winter weather safety. Markedly, OSHA’s Winter Weather webpages highlight the importance of safeguarding against cold stress. Correspondingly, preventing cold stress is as important as keeping employees safe from heat stress during warmer months. Overall, cold exposure can lead...
Department of Labor Adjusts Child Labor Penalties
December 5, 2023
68 view(s)
On November 28th, 2023, the U.S. Department of Labor (DOL) issued a Field Assistance Bulletin (FAB) updating child labor penalties. According to the federal agency, in recent years, there has been a significant rise in child labor violations. Subsequently, the DOL’s Wage and Hour Division (WHD) implemented new procedures for assessing Child Labor Civil Money Penalties (CL CMP). Specifically, th...