While you may have thought that the major party conventions and Olympic Games in Rio would have resulted in a break from significant legislative and regulatory changes, that simply does not seem to be the case. Recent changes affecting manufacturers include the following:
The U.S. Department of Labor to increase civil penalties for ERISA violations. You can read Robinson+Cole’s update here. My special thanks to the Employee Benefits Group (Bruce Barth, Virginia McGarrity, Devin Karas and Jean Tomasco) for providing this timely update.
Connecticut’s General Assembly ended the 2016 session by adopting several new employment law regulations. Among other things, the legislature allows employers to pay employee compensation via “payroll cards,” permits employers to pay by direct deposit, authorizes the use of electronic paystubs; permits bi-weekly payroll without the express approval of the CT DOL; further restricts the use of criminal background information; and extended further protections for employees serving in the military. You may read the full summaries of these and other legislative changes here.
As reported here previously, the “Year of Change” forces manufacturers to stay on top of a rapidly changing landscape.