ESOPs typically are stablished as a corporate financial strategy. Also called a stock purchase plan, this is a trust fund created to allocate company shares to employees. Employer contributions to the plan are tax-deductible, and employees do not pay taxes on their shares until distribution. The employees receive the money when they leave the company […]
More and more people are choosing to stay in the workforce longer. Americans are living longer lives, they are healthier and want to stay active, and contribute their time and experience. These older Americans may be working in your organization, and as a decision maker, it is important that you understand ageism and what constitutes […]
All parties in a punitive damages claim should understand how and why a court will allow that case to proceed to trial. From time to time, media will cover a high-profile injury or discrimination case that ends with a huge award for the plaintiff. However, US Department of Justice statistics show that punitive damages are […]
Businesses require capital to operate and get off the ground. Once established, a cash infusion may be necessary to boost advertising and acquire customers in new markets. When it comes to raising money to start or grow your business, consider the following:
The new Families First Coronavirus Response Act, the Americans with Disabilities Act (ADA) and standards set forth by the Occupational Safety and Health Administration (OSHA) are playing roles in decisions being made by employers for their workers.
Employees often trust their employers’ polices to be well researched and vetted through counsel. However, drug and alcohol policies are often purposefully vague to give the employer the upper hand. For employees, it is always advisable to educate yourself on your state and local drug and alcohol testing laws, and speak with your HR team […]
If you have experienced sexual harassment at work, it is important to act quickly to protect yourself and protect your right to pursue legal action if you desire. If you are the victim of sexual harassment in the workplace, take the following three steps to protect yourself and your rights to a legal remedy.
If you’re pregnant, you may be wondering what your rights are in the workplace. Unfortunately, pregnancy standards and laws in the United States can be complex, varying state-by-state and by each individual company. To further complicate, there is also currently no federal law that applies to everyone in the US for maternity leave.
Creditors of a Florida single member LLC (“SMLLC”) are able to reach the assets of SMLLC by obtaining a charging order and then foreclosing on the member’s interest. However, if an LLC has multi-members, creditors are limited to distributions that a debtor member would ordinarily receive from the LLC. To prevent a foreclosure of a […]
As a means to set a player’s salary when he became a free agent, the arbitration process became a mainstay in baseball. Similarly, a commercial lease should include a baseball arbitration clause to prevent a protracted dispute between the owner and tenant. Often a commercial lease uses fair market value as the method to determine […]