2016Oct
0

THE CHANGING EMPLOYMENT LAW LANDSCAPE FOR NEXT GENERATION BUSINESS OWNERS

A significant portion of successful companies on Long Island are closely-held family businesses. As these companies transition to the next generation, they are facing a new employment law landscape which poses additional challenges. In many cases, the older and younger generations don’t agree on how to change employment practices to avoid liability. The key to…

2016May
0

THE FEDERAL DEPARTMENT OF LABOR ISSUES ITS LONG AWAITED RULING ON EXEMPTION THRESHOLD

As expected, the Federal Department of Labor (“DOL”) has issued new rules regarding the threshold “white collar” exemption from overtime pay.  The DOL has increased the minimum pay threshold from $23,660 to $47,476 per year.  The minimum threshold in New York State is already $35,000 per year.  The DOL has also increased the minimum salary…