Posted in Articles

Preparing to comply with the new proposed federal overtime rule: 5 action steps for employers

By Israel Group on

By: Isabel A. Crosby,  Ben Gipson and Daniel Turinsky

It’s like déjà vu all over again. Many employers will recall putting plans in place, and maybe even handing out raises, in 2016 to comply with changes to the Fair Labor Standards Act’s minimum salary thresholds, only to learn that a Texas federal judge had blocked the rule from taking effect on the eve of implementation.

After years of waiting and speculation, the US Department of Labor (DOL) issued a new proposed rule last week. If finalized, the new rule’s most significant impact will be to raise the minimum salary an employee must be paid to be exempt from overtime under the FLSA from $23,660 per year ($455 per week) to $35,308 per year ($679 per week). Although this change will have little to no effect on employers in states such as New York and California where the minimum salary threshold already far exceeds the federal standard ($58,500 for large employers in New York City and $49,920 for large employers in California), it could have a significant impact on employers located throughout the rest of the country.

Click here to read more.

Posted in Articles Newsletter

Be Global: February Employment Law Update

By Israel Group on

For our comprehensive round-up of February’s employment law developments, across all jurisdictions, click here.

You can also browse all our employment law updates, filterable by region, country and subject area, for free on GENIE, our global employment law resource.

Headline news

France: Gender pay gap decree published A decree confirming the methodology for gender pay gap reporting came into effect on 9 January 2019. The gender pay gap is measured using 5 different criteria (4 in companies with between 50 and 250 employees). Each indicator represents a number of points and companies obtaining less than 75 points out of 100 must take corrective measures or implement financial measures to adjust pay.

China: Important new rules on gender discrimination in force The Chinese Government issued a notice on 18 February 2019, which came into force with immediate effect, setting out important new rules on gender discrimination and the protection of women in the workplace.

Brazil: New President closes the Ministry of Labor On his first day in office on 1 January 2019, Brazil’s new president, Jair Bolsonaro, issued a provisional measure announcing, among other things, the closure of the Ministry of Labor.

Belgium: Increased dismissal costs as sectors fail to implement employability measures Payment of special social contributions is required on a portion of notice pay with effect from 1 January 2019 in the absence of sector-level employability measures having been implemented.

Italy: Finance Bill 2019: Labour measures in force from 1 January 2019 The Finance Bill introduces various measures which impact on employers including increased penalties aimed at preventing undeclared work and incentives for hiring young employees with higher qualifications.

Germany: Law on right to work part-time and return to work full time in force Under the new law in force from 1 January 2019, employees have the right to work part-time for between 1 and 5 years and return to full-time after the part-time period has expired.

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Posted in WIN

Start with why

By Israel Group on

Written by Catherine McGregor for DLA Piper WIN

Does your legal department need a ‘why’; a purpose or a sense of inspiration? In this article for DLA Piper’s WIN program, we apply Simon Sinek’s seminal text to the life of the general counsel.

Click here to read more.

 

Posted in Alert

Data Protection, Privacy and Security Alert: The top global developments in privacy law in 2018 & what 2019 may bring

By Israel Group on

DLA Piper recently launched the 2019 refresh of the DLA Piper Data Protection Laws of the World Handbook. The latest updates to this popular resource shows very clearly that 2018 was a significant year for privacy and data protection laws and that this area will continue to be one of the most dynamic and fast developing areas of law over the course of the next year.

During 2018, we saw a number of significant privacy law developments worldwide: the GDPR took effect after a two-year implementation period; a number of jurisdictions updated or began the process of updating local data protection laws to align to the GDPR; the US and Brazil broke new ground with privacy laws in their respective jurisdictions; and India introduced sweeping new privacy legislation. Moreover, this trend is expected to continue in 2019.

While there are too many developments to cover comprehensively, we highlight some notable developments in this alert.

Learn more

Posted in Accelerate

Spot evolving trends in funding rounds with the market data offered on Accelerate.

By Israel Group on

With the help of our friends at Proseeder, we have collected data points on venture capital financings and M&A transactions from Q1 2016 to Q4 2018. The raw data was provided by Crunchbase but we have compiled the data in a way that will allow you to filter it based on the relevant time period, volume of transactions, transaction type, and in some cases industry vertical. Over time, we plan on providing you with even more ways to understand the market and spot evolving trends.

Click here to read more.

 

Posted in Uncategorized

Privacy Expert: GDPR Provides Opportunity For Israeli Hi-Tech

By Israel Group on

Patrick Van Eecke, Partner and Global Co-Chair of DLA Piper’s Data Protection, Privacy and Security practice discusses the results of a recent data breach survey with Eytan Halon of The Jerusalem Post.

“Companies who take that into account and create products and software with embedded privacy by design have a huge competitive advantage going to the markets, competing with companies that do not have the kind of regulatory background that exists in Israel,” said Van Eecke.

Click here to read the full article.

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