DOL Rules on Joint Employer, Tweaks OT Again

The US Department of Labor came out with its long awaited proposed joint employer rulemaking this week and once again tweaked its regulations on overtime calculations. The proposed joint employer regulation uses a four-part test to determine when a business should be held jointly libel for minimum wage and overtime law violations. Specifically, it proposes…

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Administration Doubles H-2B Visas

In an obvious nod to the expanding economy and the exceedingly tight labor market, the Trump administration will make an additional 30,000 H-2B visas available through September. In press releases and letters announced by several Senators and Representatives from both sides of the aisle, the H-2B program will see available visas nearly double what has…

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EEOC Sets September 30 Date for EEO-1 Reports

The Equal Employment Opportunity Commission (EEOC) has responded to a March 4 federal court order and set a new September 30 deadline for the filing of EEO-1 gender and race reports. The deadline was originally March, but due to the government shutdown at the beginning of this year, it was delayed until May 31, and…

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CFA Lobby Day Forum

Make your plans now to attend the 2019 CFA Day Forum in Washington DC on May 22. One of the key issues on our agenda will be the Raise The Wage Act, a proposal by Virginia Representative Bobby Scott, Chairman of the House Committee on Education and Labor. The Raise The Wage Act (H.R. 582)…

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Pay Equity Law Passes in Maine

The state of Maine became the latest to pass a so-called Pay Equity law that purports to help close a gender pay gap by among other restrictions, prohibiting employers from inquiring into a job applicant’s salary history until a job and compensation is formally offered. An Act Regarding Pay Equality (LD-278), filed by Senator Cathy…

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Push for Millionaire’s Tax Spreads

The class envy is getting deeper and against the backdrop of Senator Elizabeth Warren’s push for a federal wealth tax on assets, state efforts to adopt excise taxes and surcharges on income levels are becoming more pronounced. For 2019 legislative sessions, no fewer than a half dozen states are now seriously entertaining millionaire taxes. New…

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Timing Is Everything!

Against this backdrop of increasing employer mandates, ever-rising taxes and new benefit requirements, isn’t it perfect timing for DDIFO to sponsor our 2019 Northeast Regional DDIFO Meeting on April 23, 2019 at the Sheraton Needham Hotel in Needham, Massachusetts? In presenting The NextGen Store – From Finance to Staffing and Beyond, we’ll have Attorney Dan…

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Dunkin’ Doings

Through industry comments and discussion along with lender reporting, DDIFO Restaurant Analyst John Gordon at Pacific Management Consulting Group was able to point to some very good news with for Dunkin’ franchisees this week. Per industry conference comments, Dunkin’ US franchisee exit multiples remain strong with US Dunkin’ brand unit multiples increasing slightly from 2017…

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House Passes Paycheck Fairness Act

On Wednesday of this week, the U.S. House of Representatives passed the Paycheck Fairness Act (H.R. 7) by a margin of 242 – 187. A handful of Republicans joined every Democrat in the Chamber to send the measure along to the republican-controlled Senate, where it will likely die without any movement in the current session.…

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Doctor Groups Target Sugary Drinks

Two medical advocacy groups joined the sugary drinks fray this week with issuance of a joint policy statement asking legislators to limit sugary drink consumption. The American Academy of Pediatrics and the American Heart Association are endorsing price hikes on sugary drinks through imposition of new excise taxes as well as adopting limits on advertising…

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