Generally speaking, a U.S. employer, no matter its size, is not legally required to pay its employees for time off from work (many may contractually agree to do so, but it is generally not mandated by law). The statement seems axiomatic (i.e., the saying “a fair day’s work for a fair day’s wages” contemplates that actual work of some sort be performed). For a variety of reasons, however, paid leave rights (i.e., pay for no work) is quickly becoming the norm, at least in certain situations. There may be valid reasons for this change.
View PDF Employers Take Note: The DOL’s New “Final Rule” Significantly Raises Salary Thresholds for Certain Exempt Employees
Employers Take Note: The DOL’s New “Final Rule” Significantly Raises Salary Thresholds for Certain Exempt Employees
Corporate Transparency Act and FinCEN Required Reporting
Corporate Transparency Act and FinCEN Required Reporting