On April 3, 2020, Governor Cuomo signed the Fiscal Year 2021 state budget bills, part of which implemented changes to the New York Home Care Worker Wage Parity Law (“Wage Parity Law”). The Wage Parity Law contains minimum hourly compensation thresholds for home care aides employed in New York City and the surrounding areas, who perform [...]
Another important practice to apply at this time for New York State businesses is to review your commercial property insurance policies. It is critical that as a business-owner you understand what coverage is provided by your policy regarding business interruption. Your insurance broker can best explain your coverage benefits to you, including whether your business [...]
In times like these when new legislation is constantly being released by both the Federal government and New York State, it may be difficult to understand what your requirements as an employer are. As we had summarized earlier, the Federal government signed into law the Families First Coronavirus Response Act (FFCRA) which included two new [...]
As the Department of Labor (DOL) provides updates to their rules and regulations amid COVID-19 changes, they offer resources for clarification. On April 1, 2020 the DOL released a Temporary Rule as an update to the Families First Coronavirus Response Act (FFCRA). The FFCRA requires certain employers to provide their employees with paid sick leave and expanded family [...]
On Friday, March 27, 2020, the United States Legislature passed the Coronavirus Aid, Relief and Economic Security Act (CARES Act). It was subsequently signed by President Donald Trump. The $2.2 trillion stimulus bill should help mitigate the negative impact and economic fallout of COVID-19. The CARES Act holds key provisions relevant to both individuals and businesses. [...]
Given that the situation with COVID-19 infections identified continues to evolve and is changing very rapidly, it is important that you make sure your business monitors and reads daily updates, resources, and communications from Centers for Disease Control Prevention (CDC) websites, and the New York State Department of Health (DOH) websites. Managing workforce health and [...]
The impact of COVID-19 is beginning to be felt across industries. As customer behavioral habits shift, businesses may be taking a financial loss. As of March 8, 2020, Mayor Bill DeBlasio announced plans of assistance to small businesses. According to this announcement, businesses may qualify for low-interest loans and employee retention grants. Businesses with fewer [...]
As the Coronavirus situation evolves, we are aware of growing concerns from employers on the necessary steps they should take to protect their employees and themselves. While there is a steady flow of new information on public health risks, as of February 11, 2020 the World Health Organization has declared a global emergency. Employers should [...]
As the new year approaches, we want to update you on some of the changes becoming effective in 2020. Minimum Wage: After several years of repeated minimum wage increases, 2020 will mark the final increase in New York City for a while. Currently, the minimum wage in NYC is $13.50 per hour for businesses with fewer [...]
On September 24, 2019, the Department of Labor (DOL) announced its final rule to change the Fair Labor Standards Act’s (FLSA) salary basis test. The salary basis test is integral to classifying an employee as exempt from overtime payments. In order to classify an employee as FLSA overtime exempt, an employer must be sure that the employee [...]