DOL Proposes Revisions to the Fluctuating Workweek Overtime Method

In November 2019, the U.S. Department of Labor (DOL) published a proposed rule to update the “fluctuating workweek” method for calculating employee overtime wages under the Fair Labor Standards Act (FLSA). The fluctuating workweek method provides employers a cost-saving option to compensate employees who are not exempt from the act’s overtime wage payment requirements. Currently, … Continue reading DOL Proposes Revisions to the Fluctuating Workweek Overtime Method

Financial Industry Experienced 3,500 Cyber Attacks in 2019 So Far

In mid-July, Capital One announced that the personal information of more than 100 million of its U.S. customers was compromised in one of the largest data breaches involving a bank. In an official release from the company, Capital One noted that the information exposed includes names, addresses, emails, credit scores and transaction data. In some … Continue reading Financial Industry Experienced 3,500 Cyber Attacks in 2019 So Far

DOL Enforcement Actions Are up and Expected to Stay That Way

U.S. Secretary of Labor Alexander Acosta recently said that he “fully expects” OSHA inspections to increase once new inspectors are trained. Acosta’s remarks are in line with the significant increase in enforcement actions employers have seen in the past two fiscal years. Increased DOL Enforcement Actions The DOL’s enforcement actions across the vast majority of … Continue reading DOL Enforcement Actions Are up and Expected to Stay That Way

Lowest Unemployment in Decades

Job figures continued to rise in April, officially bringing unemployment to its lowest in 50 years—3.6%, according to the Bureau of Labor Statistics (BLS). Primary job gains occurred in the health and business services sectors, with respectable growth in construction as well. With over 150,000 jobs being added each month, on average, employment growth shows … Continue reading Lowest Unemployment in Decades