HR Regulation

Last week, an earlier lawsuit was amended to include another former employee and more details over claims that Twitter (now known as X) denied severance benefits promised to employees, in violation of ERISA.

Since the EEOC has landed a budget $26 million increase, employment attorneys' advice to their clients is simple: Be on your best behavior and let the fair treatment of workers, free of discrimination, prevail.

Because of aggressive marketing by firms encouraging small businesses to claim the pandemic-era tax break, the feds are worried about fraud, however, tax experts disagree on whether or not the 180-day extension is necessary.

Now that the Democrats have finally gained control of the five-member commission, expect an even bigger surge next year, employment attorneys say.

The SEC ruling is expected to make a determination of how companies will be required to report ESG metrics, including DEI metrics and policies, labor practices, recruitment and retention, and rewards and benefits.

Pay equality has been an important topic over the last few years, and the drive to correct the systemic suppression of wages for women and minority workers for decades has led to pay transparency laws in several states. New York will now join eight other states in requiring employers to disclose to job applicants how much a position pays.

When Cigna released its second-quarter financial performance on Aug. 5, 2021, its stock dropped by 13%, and Ferrie "realized an approximately 236% profit of $16,039.78 on his investment of $6,782.05," the complaint said.

With SECURE 2.0 signed into law, featuring new auto-enrollment requirements, retirement advisors can help prepare payroll systems for the new regulations, otherwise employers will face the possibility of fines.