The people of your organization are one of the most important and one of the riskiest aspects of business. The laws are state specific, and they change frequently. Employers are held to a high legal standard and entrepreneurs often aren’t fully aware of the risks associated with employment compliance. It’s hard for business leaders to keep up, but it’s critical to do so. In this post, Equinox Business Law CEO and Founder, Michelle Bomberger looks at how the three key legal infrastructure tools can work to protect the business from employment risks.
The Family and Medical Leave Act (FMLA) permits the electronic posting of the required poster if all other requirements are met, which include posting in conspicuous places on the premises where employees are employed, a general notice, explaining the FMLA's provisions; and providing information concerning the procedures for filing complaints of violations of the FMLA.
A new ordinance is set to go into effect on September 1, 2022. On June 14, 2021, Seattle City Council moved to pass SMC 14.34 which outlines new Independent Contractor Protections (ICP). This ordinance will require covered entities to provide disclosures to independent contractors prior to signing a hiring contract and at time of payment. The new ordinance specifically outlines the following:
While your competitors may have ownership issues bogging down their decision making, you will be able to grow together -- or to separate -- with confidence. Learn how to leverage the legal infrastructure tools – the Shareholder Agreement or Operating Agreement, key insurance policies, and a limited liability entity structure, to create strong relationships among owners and ensure the individual owners are protected from the activities of the company and from one another.
Bringing your website in compliance with ADA guidance to ensure your business’ website is accessible to users with disabilities helps level the playing field.
When it comes to legal matters and liabilities your business may face, there must be a shield of separation in place to protect your personal liabilities and everything you have work to accomplish in your business. It’s time to deploy the "corporate veil" – strategically leverage your business’ legal entity structure as a risk mitigation tool.
Today, it seems like every other commercial is for an insurance company. From talking geckos to that Mayhem guy destroying things, we’ve become familiar with the needs and benefits of auto and home insurance–but what about protecting our business?
On Thursday, November 4, the Occupational Safety and Health Administration (OSHA) released its Emergency Temporary Standard (ETS) that outlines a vaccine and testing mandate for private employers that have 100 or more employees. While the ETS technically went into effect on Friday, November 5, employers have until December 6 to comply with most requirements and January... View Article
Every day, business leaders balance risk and opportunity — in their contracts, hiring, expansion plans, and other areas of business. Their focus is on progress and their risk tolerance tends to be high — after all, risk is a part of the entrepreneurship game! But often they make these decisions with significant blind spots— they... View Article