March Madness has many employees participating in the NCAA College basketball brackets, which typically includes monetary betting. Depending on the employers location and design of the activity, office pools are potentially unlawful. Restricting employees from using company computers or other resources for the office pools, and blocking gambling internet sites from company computers are ways an employer can avoid running into problems. Setting up an office pool with nonmonetary prizes and no entry fee could be a fun alternative to a monetary office pool. Having a written policy on workplace gambling and using company resources can help prevent violations of the law. We can help update your Employee Handbook or create a gambling policy.
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In addition to Non-Compete Agreements(discussed in January’s newsletter), another area of employment that is under careful review is Background screenings for applicants and employees. Reasons include;
Do your Leave policies reflect current employee needs? Are your policies competitive?
A recent survey by NFP has provided a current snapshot of what leave plans employers are offering, such as;
Note: Many states have enacted state mandated Paid Sick or Paid Family Leave plans; however Texas does not have any state mandated plans for employee leaves. The survey included various size employers with the majority in the 1-999 employee range. NFP is a leading property and casualty broker, benefits consultant, wealth manager and retirement plan advisor. The survey may be found at: Work, Home, and Life Insurance | NFP The Federal Trade Commission proposes preventing employers from entering into non-compete clauses with workers and requiring employers to rescind existing non-compete clauses. The proposal would ban or limit employment contract restrictive covenants that restrict workers' freedom to change jobs. The Commission estimates that the proposed rule would increase American workers’ earnings between $250 billion and $296 billion per year.
Accordingly, the proposal, if adopted in its current form, could have far-reaching impacts on the agreements and arrangements that employers enter into with their C-suite and other key executives, as well as on other aspects of executive compensation. The Commission invites the public to submit comments on the proposed rule. The FTC will review the comments and may make changes, in a final rule, based on the comments and on the FTC’s further analysis of this issue. The comment period is open through Mar 10, 2023. |
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