2017Feb
0

DO’S AND DON’TS FOR USING NON-COMPETE AGREEMENTS

Non-compete agreements can offer valuable protection to an employer’s business interests. They are among the 10 items employers should consider including in their employee hiring packages. These agreements provide that “one party (usually an employee) will not enter into or start a similar profession or trade in competition against another party (usually the employer).” This…

2016Dec
0

GETTING YOUR BUSINESS READY FOR SALE

If you are planning to sell your business, there are several steps you should take to make sure your corporate house is in order and get your company ready for sale. If you don’t prepare ahead of time, you risk significant delays in closing the transaction and even losing a potential buyer. Here are a…

2016Nov
0

GET READY FOR NEW MINIMUM WAGE AND OVERTIME RULES

Employers need to prepare for two big changes going into effect next month. The new rules for determining whether an employee is “exempt” from overtime pay and increases in minimum hourly wages will have a significant impact on businesses. Here’s what you need to know: Increase in Federal Exemption Status Effective December 1, 2016, the…

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…

2016Aug
0

IS YOUR BUILDING IN COMPLIANCE WITH THE NEW CARBON MONOXIDE DETECTION RULES?

As of June 27, 2016, commercial property owners, landlords and tenants are required to comply with legislation regarding carbon monoxide detectors. For those who don’t have the mandated detection equipment, it’s time to look at your lease agreement to determine who is responsible for compliance with the law. Non-compliance can result in civil, criminal or…