Hundreds of workers throughout the U.S. Virgin Islands may be eligible for overtime pay in 2017 after recent amendments to the Fair Labor Standards Act (FLSA) that go into effect on December 31, 2016.
In May, the U.S. Department of Labor published its revisions to the FLSA’s overtime exemption rules. The biggest change —
If your business employs immigrant workers in the U.S. Virgin Islands, there are a number of common immigration legal issues you need to master to ensure you are in complete compliance with the law.
The following are some of those pressing issues:
When you own or operate a business, it’s very possible that you will find yourself involved in some type of dispute. In the more serious cases, you may even face a lawsuit.
The following are a few simple actions that can protect you in the event of business litigation:
Get insured: Having a high-quality business
Disputes between employees and employers can quickly get ugly, and we’ve seen them arise from just about every situation one might imagine. In the worst cases, these disputes could result in lawsuits, serious damage to a company’s public reputation and a variety of other negative consequences.
One key fact to keep in mind when these
Last summer, President Barack Obama announced plans to raise the overtime salary threshold, a move that promised to make millions more Americans eligible for overtime pay. Those plans went into effect last month, when the White House revealed the details of the new overtime threshold rules the President had set forth.
The measure is the
Earlier this year, the Legislature of the Virgin Islands approved an increase of the minimum wage in the territory to $8.35 per hour, pursuant to Act No.7856, which by June 1, 2018 will increase up to $10.50 per hour.
The $8.35 increase takes into effect on June 21, 2016. Aside from the initial minimum wage
To put it lightly, it can be difficult to keep up with all of the legal obligations you have as a small business owner.
One important thing to remember is that you must deduct payroll taxes from your employees’ salaries and wages. If you fail to do this properly, you could be forced to pay
Having an idea for a new company, product or service is incredibly exciting. You may wish to get your idea off the ground as quickly as possible—but there are few things you must do to make sure you’re not infringing on anyone else’s intellectual property.
Your first step is to make sure the name you
As an employer, you handle some very sensitive information regarding the people who work for you. Employee personnel files often contain private information, including everything from Social Security numbers to medical records and bank account information. There are some very stringent federal and territorial laws regarding who is able to access these records and why.
With the rise of cutting-edge technology, it is becoming more common than ever for businesses to have individual workers or teams working remotely across numerous different locations. Here at BoltNagi, we have attorneys based in the U.S. mainland and working from home in the U.S. Virgin Islands. There are certainly some challenges associated with these