If your company is considering developing (or revising) an employee loan policy, or even just making a one-off loan to a stellar employee, read on. Unbeknownst to many employers, there are a number of laws and regulations that impact almost every facet of the loan – from who can receive one to how your company … Read more
Kristine Sova provides an array of labor and employment legal services in a variety of industries across both the for-profit and non-profit sectors. Her labor and employment legal services are listed below. Click any section to read more.
The federal Fair Labor Standards Act defines a “discretionary bonus” as a sum paid by an employer in recognition of an employee’s services during a given period of time (for example, a calendar year) if: the very fact that the bonus payment is to be made and the amount of the bonus payment are at … Read more
Many employers logically assume that if they overpay an employee, they should be able to recoup that overpayment by simply adjusting an employee’s future paychecks. While that’s the case under the federal Fair Labor Standards Act (FLSA), it’s not always the case under state law. Many states have statutes or regulations that permit recoupment under … Read more
If you’re a private employer and you allow employees to take compensatory (or comp) time, you might be making a big mistake. Comp time is when employers allow employees to bank overtime hours for use as vacation time or other paid time off at a later date instead of immediately paying the employee overtime for … Read more
Each new year brings new employment laws. In this post, we provide highlights of legislation passed in 2013 that will affect (and, in some cases, already is affecting) New York and NYC employers in 2014. Pregnancy Accommodation (NYC Employers) Legislation amending the New York City Human Rights Law will require most NYC employers to provide … Read more