Fair Labor Standards Act of 1938

Casella Waste Systems, Inc. Announces Third Quarter 2023 Results and Updates Fiscal Year 2023 Guidance

Retrieved on: 
Wednesday, November 1, 2023

The Company raised its revenue, Adjusted EBITDA, and Adjusted Free Cash Flow guidance ranges, updated its net income guidance range and reaffirmed its net cash provided by operating activities guidance range for the fiscal year ending December 31, 2023 ("fiscal year 2023").

Key Points: 
  • The Company raised its revenue, Adjusted EBITDA, and Adjusted Free Cash Flow guidance ranges, updated its net income guidance range and reaffirmed its net cash provided by operating activities guidance range for the fiscal year ending December 31, 2023 ("fiscal year 2023").
  • The Company closed three acquisitions during the quarter, including the acquisition of Consolidated Waste Services, LLC and its affiliates (dba “Twin Bridges”) on September 1, 2023.
  • The Company raised guidance for fiscal year 2023 by estimating results in the following ranges:
    The Company reaffirmed certain guidance for fiscal year 2023 by estimating results in the following range:
    Net cash provided by operating activities between $231 million and $237 million.
  • The Company will host a conference call to discuss these results on Thursday, November 2, 2023 at 10:00 a.m. Eastern Time.

VirgilHR launches chat-based worker classification tool for 50-state compliance

Retrieved on: 
Thursday, September 28, 2023

Improper classification of workers can be costly to employers, who don't have easy-to-use, reliable resources to assist.

Key Points: 
  • Improper classification of workers can be costly to employers, who don't have easy-to-use, reliable resources to assist.
  • The conversational tool, which is part of VirgilHR's comprehensive onboarding module, offers prescriptive guidance to help employers easily classify workers, and ensure compliance.
  • "Improper classification of workers can be costly to employers, but they currently lack an extensive resource that helps to navigate the complexity of labor laws," said Jocelyn King, Founder and CEO of VirgilHR.
  • VirgilHR's state-specific tool offers real-time, accurate information that ensures employers make the right worker designation for their jurisdiction.

Shake Shack Turns to Harri to Help Advance Employee Engagement

Retrieved on: 
Wednesday, September 13, 2023

On a federal level, the Fair Labor Standards Act (FLSA) regulates and enforces key factors of workforce management.

Key Points: 
  • On a federal level, the Fair Labor Standards Act (FLSA) regulates and enforces key factors of workforce management.
  • Other states, such as California, have requirements tied to employee scheduling.
  • With accurate, intelligent scheduling based on historical, predictive labor demands and employee preferences, Harri is helping Shake Shack support its culture of caring for its teams.
  • Luke Fryer, CEO of Harri, commented, “In a dynamic industry where employee engagement is a direct driver of revenue, creating an employee-centric culture is crucial.

VirgilHR introduces chat-based employee classification tool for 50-state compliance

Retrieved on: 
Tuesday, August 8, 2023

GAITHERSBURG, Md., Aug. 8, 2023 /PRNewswire/ -- VirgilHR , the technology company removing risk from HR compliance, announced the release of a chat-based tool for employee onboarding that allows organizations to properly classify employees as exempt or non-exempt during onboarding.

Key Points: 
  • GAITHERSBURG, Md., Aug. 8, 2023 /PRNewswire/ -- VirgilHR , the technology company removing risk from HR compliance, announced the release of a chat-based tool for employee onboarding that allows organizations to properly classify employees as exempt or non-exempt during onboarding.
  • "Across the country, labor laws are changing just as fast as companies are hiring new employees," said Jocelyn King, Founder and CEO of VirgilHR.
  • "Our chat-based tool provides an easy-to-use interface that helps HR leaders move through onboarding quickly, while accessing real-time information straight from legal experts.
  • Through VirgilHR's smart chatbot, HR leaders can now access a three-step process to ensure compliance, while making the choice simple.

BLR's HR Hero unveils expanded topic coverage to support the growing number of state-specific employment law enactments.

Retrieved on: 
Friday, July 28, 2023

BRENTWOOD, Tenn., July 28, 2023 /PRNewswire-PRWeb/ -- Business & Learning Resources (BLR), a leading provider of business training and compliance solutions, is pleased to announce the expansion of topic areas covered in its flagship HR product, HR Hero®. Effective June 2023, HR Hero will include additional topics to provide more comprehensive decision support to its HR and PEO subscribers.

Key Points: 
  • BLR's HR Hero® expands its topic coverage to include voting leave and reimbursements in response to the growing number of state regulations in these areas.
  • Effective June 2023, HR Hero will include additional topics to provide more comprehensive decision support to its HR and PEO subscribers.
  • In addition to the new topics, HR Hero expanded coverage of existing areas, including retirement savings, pension plans, the FLSA, deductions in pay, and paychecks.
  • The new topics and expanded coverage within HR Hero provide clear summaries and in-depth analyses of employment law requirements through the Federal and State Topic Analysis tool.

Casella Waste Systems, Inc. Announces Second Quarter 2023 Results and Updates Fiscal Year 2023 Guidance

Retrieved on: 
Thursday, July 27, 2023

The Company raised its revenue, Adjusted EBITDA, net cash provided by operating activities, and Adjusted Free Cash Flow guidance ranges and updated its net income guidance range for the fiscal year ending December 31, 2023 ("fiscal year 2023").

Key Points: 
  • The Company raised its revenue, Adjusted EBITDA, net cash provided by operating activities, and Adjusted Free Cash Flow guidance ranges and updated its net income guidance range for the fiscal year ending December 31, 2023 ("fiscal year 2023").
  • RUTLAND, Vt., July 27, 2023 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, today reported its financial results for the three and six month periods ended June 30, 2023.
  • Net income was $5.5 million for the quarter, down $(12.3) million, or down (69.2)%, from the same period in 2022.
  • The Company raised guidance for fiscal year 2023 by estimating results in the following ranges:
    The Company updated certain guidance for fiscal year 2023 by estimating results in the following range:
    Adjusted EBITDA and Adjusted Free Cash Flow related to fiscal year 2023 are described in the Reconciliation of Fiscal Year 2023 Outlook Non-GAAP Measures section of this press release.

Kelly Robreno Koster Joins Bracewell's Labor and Employment Group in Houston

Retrieved on: 
Wednesday, June 28, 2023

Houston, Texas--(Newsfile Corp. - June 28, 2023) - Bracewell LLP announced today that Kelly Robreno Koster has joined the firm's Houston office as a partner in the labor and employment group.

Key Points: 
  • Houston, Texas--(Newsfile Corp. - June 28, 2023) - Bracewell LLP announced today that Kelly Robreno Koster has joined the firm's Houston office as a partner in the labor and employment group.
  • "Kelly is a highly regarded litigator and a terrific addition to our outstanding labor and employment team," said Bracewell Managing Partner Gregory M. Bopp.
  • Koster is highly experienced in counseling and representing employers in all aspects of the employment relations.
  • "Kelly is an outstanding practitioner whose diverse experience on employment matters brings additional strength to our ability to serve the labor and employment needs of our clients," said Amy Karff Halevy, a partner in the Bracewell's Houston office and chair of the firm's labor and employment group.

States are weakening their child labor restrictions nearly 8 decades after the US government took kids out of the workforce

Retrieved on: 
Monday, June 26, 2023

A movement to weaken American child labor protections at the state level began in 2022.

Key Points: 
  • A movement to weaken American child labor protections at the state level began in 2022.
  • Many conservatives and business leaders have long argued, based on a combination of ideological and economic grounds, that federal child labor rules aren’t necessary.
  • Expanding child labor can encourage kids to drop out of school and jeopardize young people’s health through injuries and work-related illnesses.

Long-brewing battle

    • U.S. law also does not treat 16- and 17-year-olds as adults.
    • The federal government deems many occupations to be too hazardous for anyone under 18.
    • Three years after President Franklin D. Roosevelt signed the Fair Labor Standards Act, the Supreme Court unanimously upheld it in the U.S. v. Darby Lumber ruling, which toppled a related precedent.

Challenges began during the Reagan administration

    • In 1982, President Ronald Reagan sought to ease federal protections to allow 14- and 15-year-olds to work longer hours in fast-food and retail establishments and to pay young workers less than the minimum wage.
    • A coalition of Democrats, labor unions, teachers, parents and child development groups blocked the proposed changes.
    • Today, the Foundation for Government Accountability, a Florida-based think tank, is drafting state legislation to strip child labor protections, The Washington Post has reported.

Iowa and Arkansas

    • In our view, Iowa has the most radical new law designed to roll back child labor protections.
    • Teens as young as 16 can now serve alcohol in Iowa restaurants, as long as two adults are present.
    • Arkansas has scrapped those safeguards against child labor exploitation.

Federal vs. state laws

    • Doesn’t federal law preempt state laws?
    • Both federal and state laws govern the employment of minors, and all states have compulsory school attendance laws.
    • Federal laws set a floor of regulations in youth employment that cover maximum hours, minimum ages, wages and protections from hazardous jobs.
    • Having child labor laws on the books at both the federal and state levels is only half the battle.

Construction sites?

    • Some states are considering legislation that directly conflicts with federal child labor standards on hazardous occupations.
    • For example, a bill Republican Minnesota state Sen. Rich Draheim introduced would allow 16- and 17-year-olds to work in or around construction sites.
    • Strong opposition from politicians, child advocacy groups, education associations, labor unions and the public has defeated some of these efforts.
    • Georgia Republicans introduced a bill that would have eliminated work permits for minors, but they withdrew it without a vote.

Taking aim at federal rules

    • There are some national efforts to weaken – or strengthen – child labor rules as well.
    • Dusty Johnson, a South Dakota Republican, seeks to revise federal regulations to permit 14- and 15-year-olds to work until 9 p.m. on school nights and up to 24 hours per week during the school year.
    • And several Democrats have introduced measures to strengthen federal child labor restrictions, especially in agriculture.

Greenberg Traurig Chicago Expands Labor & Employment Practice, Adding David J. Stein

Retrieved on: 
Thursday, May 11, 2023

CHICAGO, May 10, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP continues the expansion of its Labor & Employment Practice, adding David J. Stein as a shareholder in the firm's Chicago office. Stein joins the firm from Masuda, Funai, Eifert & Mitchell, Ltd., where he was vice chair of its litigation practice.

Key Points: 
  • Global law firm Greenberg Traurig, LLP continues the expansion of its Labor & Employment Practice, adding David J. Stein as a shareholder in the firm's Chicago office.
  • Stein joins the firm from Masuda, Funai, Eifert & Mitchell, Ltd., where he was vice chair of its litigation practice.
  • CHICAGO, May 10, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP continues the expansion of its Labor & Employment Practice , adding David J. Stein as a shareholder in the firm's Chicago office .
  • Stein joins the firm from Masuda, Funai, Eifert & Mitchell, Ltd., where he was vice chair of its litigation practice.

McDermott Strengthens Employment Bench with New Partner in Boston

Retrieved on: 
Wednesday, April 19, 2023

BOSTON, April 19, 2023 /PRNewswire/ -- International law firm McDermott Will & Emery is pleased to announce the addition of James (Jim) Nicholas to its Employment Practice Group in Boston.

Key Points: 
  • BOSTON, April 19, 2023 /PRNewswire/ -- International law firm McDermott Will & Emery is pleased to announce the addition of James (Jim) Nicholas to its Employment Practice Group in Boston.
  • Jim is a seasoned high-stakes employment litigator with a focus on defending clients in wage and hour class actions in state and federal courts.
  • "Massachusetts is one of several hotbed states where companies must navigate a myriad of employment laws," said Michael Sheehan , Global Head of McDermott's Employment Practice Group.
  • "I chose McDermott because of its strong employment practice, global footprint and collaborative approach to client service," Jim said.