By Ravi S. Nagi on Posted in Labor & Employment,UncategorizedHaving an employee handbook is a great way to introduce new employees to your company and the various policies you have in place. There are several issues you are required by law to cover in your handbook. For example, you must have family medical leave policies listed in the handbook under the Family Medical Leave… Continue Reading
By Ravi S. Nagi on Posted in Labor & EmploymentEmployment law doesn’t just dictate the ways you can and cannot discriminate in your business hiring practices—it also gives some guidelines about the kinds of questions you can and cannot ask job applicants. Therefore, anyone responsible for hiring for your business should familiarize themselves with some of these basic tenets of employment law to ensure… Continue Reading
By Ravi S. Nagi on Posted in Labor & EmploymentThe U.S. Department of Labor (DOL) collects about $250 million per year in back wages for American workers. These judgments come in a variety of different categories. If you own or operate a business, it’s important to be aware of these issues and how they can affect employers. Below are some of the most common… Continue Reading
By Ravi S. Nagi on Posted in Labor & EmploymentBusiness owners in the U.S. Virgin Islands and throughout the United States must have a thorough understanding of wage and time laws and regulations. Below are some answers to some of the most frequently asked questions we receive on this issue. Do I have to provide family and medical leave as a small business owner?… Continue Reading
By Ravi S. Nagi on Posted in Labor & EmploymentThe Equal Employment Opportunity Commission (EEOC) is a federal regulatory agency that exists to protect employees or job candidates from discrimination based on certain protected characteristics, including age, gender and race. There are many laws the EEOC considers when analyzing cases. Of paramount importance is Title VII of the Civil Rights Act of 1964, which… Continue Reading
By Ravi S. Nagi on Posted in Labor & EmploymentAs tourism competition increases throughout the Caribbean, officials in the U.S. Virgin Islands are focused on improving the cruise ship experience for passengers visiting the territory to help keep tourists coming back for more. The Ports of the Virgin Islands Charlotte Amalie Task Force recently met to discuss plans to improve this experience, according… Continue Reading
By Ravi S. Nagi on Posted in Labor & EmploymentUnder federal law, employers must pay all employees a minimum hourly wage. The federal minimum wage is currently $7.25 per hour, but individual states and territories can implement their own minimum wages that are higher than the federal threshold. In the U.S. Virgin Islands, the minimum wage is $9.50 per hour as of June 1,… Continue Reading
By Ravi S. Nagi on Posted in Labor & EmploymentThe U.S. Department of Labor recently announced that it would rescind the standard implemented by the Obama Administration that determined when companies are considered “joint employers” of contract and franchise workers. The decision marks the first major shift in labor policy during the Trump Administration. In its statement, the agency said it withdrew a 2016… Continue Reading
By Ravi S. Nagi on Posted in Labor & EmploymentAmerican businesses that require highly skilled workers have the option of looking at international candidates who are working in the United States on a visa or who are graduating from an U.S. college. This is made possible through the H-1B visa program. There are a few steps in the H-1B process for hiring foreign nationals… Continue Reading
By Ravi S. Nagi on Posted in Labor & EmploymentAs someone who is self-employed, you have the unique ability to control your own retirement plan. This might be an overwhelming prospect if you are unfamiliar with retirement planning, but once you have familiarized yourself with the process, you will find this total control to be quite beneficial. The following are a few issues to… Continue Reading
By Tom Bolt on Posted in International,Labor & EmploymentAn executive order signed by President Donald Trump in April will make it more difficult for companies to recruit low-wage international workers that the President says unfairly harm U.S. citizens looking for work. The order, which Trump announced during a visit to Wisconsin, also directs federal agencies to carefully analyze existing rules and trade agreements… Continue Reading
By Ravi S. Nagi on Posted in Labor & EmploymentMany employees of the service industry receive tips from customers on top of their regular wages. In many cases, these employees actually earn more in tips than they do in wages. Tips are treated differently than regular wages under U.S. and Territorial labor laws, even though they are considered a form of compensation. It’s important… Continue Reading
By Tom Bolt on Posted in Community Affairs,Labor & EmploymentThroughout 2016, there were widespread concerns among travelers about heading to the Caribbean region, as the Zika virus outbreak caused concern particularly among pregnant women. The mosquito-borne disease is linked to brain damage in fetuses. Fears were particularly heightened when the media reported there were more than 100 positive cases in the U.S. Virgin Islands.… Continue Reading
By Tom Bolt on Posted in Government Relations,Labor & EmploymentAndrew F. Puzder, who rose to prominence as a fast food executive, recently withdrew from consideration to be President Donald Trump’s Secretary of Labor. Puzder had been the subject of a great deal of debate and scorn since his announcement in December, particularly among progressive groups and labor unions. After records of spousal abuse from… Continue Reading
By Steven K. Hardy on Posted in Labor & EmploymentMany small businesses rent out office space in commercial buildings, likely sharing that space with various other businesses and organizations. Before you decide you are going to rent shared office space, however, it’s important to conduct the proper due diligence to ensure it’s the right move for your company. In most cases, it’s in your… Continue Reading
By Ravi S. Nagi on Posted in Labor & EmploymentSmall businesses dealing with health insurance-related challenges received some welcome news in December with the passage of the 21st Century Cures Act, a new federal law that allows employers to expand their use of qualified small employer health reimbursement arrangements (QSEHRAs). While the law contains numerous provisions, the ones most relevant to small businesses allow… Continue Reading
By Ravi S. Nagi on Posted in Labor & EmploymentWith President-Elect Donald J. Trump set to take office this Friday, January 20, there may be numerous changes to U.S. labor policy on the horizon. Trump, who during his campaign pledged to roll back regulations on businesses, will have the benefit of Republican majorities in both houses of Congress, potentially enabling him to take quick… Continue Reading
By Tom Bolt on Posted in Labor & EmploymentImagine you have a great idea for a business and have picked out the perfect name. You rush to GoDaddy to register it, only to find that some other party has already purchased it and is apparently doing nothing with it. Unfortunately, it’s an issue many entrepreneurs face across the globe. Known as cybersquatting, this… Continue Reading
By Tom Bolt on Posted in Labor & EmploymentIn an age when so much happens online, businesses must be willing to commit to digital security to best protect the sensitive data and information of themselves and their customers. In fact, some estimates indicate that the global market for cybersecurity will surpass $80 billion next year, indicating just how important this issue has become.… Continue Reading
By Tom Bolt on Posted in Labor & EmploymentWith all the risks that come with running a small business, it’s critically important for owners and entrepreneurs to have proper insurance coverage to protect against unexpected catastrophes. There are many different forms of commercial insurance available to cover a variety of risks. Property insurance policies Property insurance is a category encompassing a variety of… Continue Reading
By Tom Bolt on Posted in Corporate & Financial Services,Labor & EmploymentWhen you own or operate a small business, you may feel as if you need to understand and manage a never-ending list of issues and concerns just to ensure the safe, secure and effective operation of your business. There may be one more you need to add to the list: cybersecurity. As technology continues to… Continue Reading
By Ravi S. Nagi on Posted in Labor & EmploymentOver the past year, business owners across the United States have been trying to prepare for December 1, when new Fair Labor Standards Act (FLSA) overtime rule changes were set to go into effect. However, in late November, Judge Amos Mazzant of the U.S. District Court issued a ruling blocking the implementation of the rule,… Continue Reading
By Steven K. Hardy on Posted in Corporate & Financial Services,Labor & EmploymentEvery product you sell as a manufacturer is subject to the Uniform Commercial Code. This law requires you to guarantee to your customers that your products are free of infringement claims made by other manufacturers. You may already have customer contracts in place with even more stringent conditions, such as providing legal defenses to customers… Continue Reading
By Adam N. Marinelli on Posted in Labor & EmploymentTax deductions are important tools for small business owners that can help them maintain efficient operations while reducing their tax obligations. The more deductions you can take, the less income the Internal Revenue Service (IRS) can tax you on, which means greater savings and more capabilities to grow your company. The following are a few… Continue Reading
