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Understanding the Regulatory Layer Cake

February 20, 2024/in Newsletter /by BOOST

Compliance is a Science:

Make sure you understand the regulatory layer cake recipe by keeping up with rule changes fresh out of the federal oven:

DOL:

Proposal to Restore, Extend Overtime Protections for 3.6 Million Low-Paid Salaried Workers: The proposal would restore and extend overtime protections to low-paid salaried workers, give workers who are not exempt executive, administrative or professional employees valuable time back, prevent a future erosion of overtime protections and ensure greater predictability, and restore overtime protections for U.S. territories. Read More

Final Rule on Classifying Workers as Employees or Independent Contractors Under the Fair Labor Standards Act: The U.S. Department of Labor announced a final rule to help employers and workers better understand when a worker qualifies as an employee and when they may be considered an independent contractor under the Fair Labor Standards Act. Read More

FTC:

FTC Proposes Rule to Ban Noncompete Clauses, Which Hurt Workers and Harm Competition: The agency estimates the new rule could increase workers’ earnings by nearly $300 billion per year. Read More

NLRB:

NLRB Representation Case Procedures 2023 Final Rule: The National Labor Relations Board’s final rule governing representation case procedures is designed to remove unnecessary barriers to the fair, efficient, and expeditious resolution of representation questions. The amendments provide targeted solutions to discrete, specifically identified problems to enable the NLRB to better fulfill its duty under the National Labor Relations Act to resolve questions of representation appropriately. Read More

Board Rules that Employers May Not Offer Severance Agreements Requiring Employees to Broadly Waive Labor Law Rights: The decision returns to longstanding precedent holding that employers may not offer employees severance agreements that require employees to broadly waive their rights under the National Labor Relations Act. The decision involved severance agreements offered to furloughed employees that prohibited them from making statements that could disparage the employer and from disclosing the terms of the agreement itself. Read More

From Cookie Dough to Cyber Hygiene: Understanding the Risks of Ignoring Best Practices

It’s essential to follow the right recipe for a safe and secure online experience. When it comes to indulging in cookie dough, many people enjoy the tempting taste, but consuming it raw can pose health risks due to the presence of raw eggs and uncooked flour. Similarly, in the digital realm, engaging in risky online behavior can leave you vulnerable to cyber threats and attacks. Just as you wouldn’t want to compromise your physical health by consuming uncooked dough, you should also take precautions to protect your digital well-being by practicing good cyber hygiene habits.

While we will likely still cave when it comes to devouring delicious cookie dough, we do recommend an excellent article from Core Business Solutions that outlines Cyber Hygiene Practices for Every User so you can maintain your digital health. Read Article

We Are Hiring!

Need a New Recipe for Your Career?

BOOST is looking for a Consulting Director to lead our Accounting and Finance practice with our GovCon clients.

Are you looking for a “BOOST” in your GovCon accounting management career in 2024? Do you crave variety and challenge in your day-to-day GovCon world? Are you tired of being just another “cog” at a large GovCon? Do you wish every day was different and that you had exposure to multiple companies in different stages of their business growth cycle? Are you interested in helping small GovCon businesses grow and meet the challenges of succeeding in the complex and competitive GovCon world?

Well then, do we have an opportunity for you! Apply today or share the job opportunity with your network.

Please click the link below to explore our current career opportunities:

BOOST Job Listings

BOOST LLC specializes in providing accounting, contracts, strategic pricing, HR, and staffing services for government contractors, ensuring compliance, efficiency, and profitability in the complex world of government contracting. Contact us to get started today.

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