Earlier this year, OSHA announced new enforcement guidance that went into effect on March 27, 2023. Under the new policies, OSHA will issue more citations and penalties have been increased.
Knowing the value of your company is one the most beneficial things you can know about it. And yet, very few business owners know what their company, which may be their most valuable asset and largest investment of both time and money, is really worth.
The question then becomes, “How do you protect your business name and identity from unfair use by others?”
Last month, the DOL and NLRB announced that they signed a Memorandum of Understanding (MOU) that encourages inter-agency cooperation through information sharing and joint investigations with respect to companies that misclassify employees as independent contractors. Thus, if you are paying workers as independent contractors to save payroll taxes, overtime, benefit costs, or other expenses, you may be squarely in the crosshairs.
In a blow to the business community, the Federal Trade Commission (FTC) has announced that it has proposed a rule that would outlaw the use of employee non-compete agreements to protect businesses from the unfair use of its confidential business information.
Things to watch that are sure to affect every small to mid-size business as we enter 2023.