5/30/24
Topic: 3 New Regulations Employers Need to Know
Guest: Jean Seawright, president, Seawright & Associates
In this episode we discuss:
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PMP Industry Insiders Peer Groups
The U.S. Department of Labor's new independent contractor rule
The six-factor test to determine whether a person is an employee or contractor
1) Opportunity for profit or loss depending on managerial skill
2) Investments by the worker and the potential employer
3) Degree of permanence of the work relationship;
4) Nature and degree of control
5) Extent to which the work performed is an integral part of the potential employer’s business
6) Skill and initiative
How the DOL will likely enforce the new rule
What PMPs should if they are working with contractors or subcontractors
Whether this new rule will withstand its legal challenges or could change under a new administration
The Chevron doctrine and how it could affect all of these federal regulations
The DOL's new overtime rule (aka the Salary Increase Rule for EAP-Exempt Employees)
How this rule is different from similar ones in the past
The new salary requirements and automatic increases
Whether nonsolicitations will go away as well
The role of noncompetes in M&A transactions
Legal opposition to the noncompete rule
Two more federal regulations to know about:
Resources mentioned:
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