On February 11, 2011, the New Jersey Department of Labor and Workforce Development released the Minimum Wage Advisory Commission’s report, which recommends that the state minimum wage remain at $7.25 per hour, the current federal rate. The Commission based this recommendation on the overall cost of living in New Jersey, the cost of living in New Jersey as compared to other states, and employment self-sufficiency standards.
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House Subcommittee Critiques Aggressive Agenda at National Labor Relations Board
Today, the U.S. House of Representatives Subcommittee on Health, Employment, Labor, and Pensions conducted an oversight hearing titled, “What Should Workers and Employers Expect Next From the National Labor Relations Board?” The witnesses represented labor and management perspectives. As background for the oversight hearing, in a June 23 press release the…..
California Court Confirms Arbitration Award Enforcing Non-Compete Agreement
A California Court of Appeal recently handed employers a major victory in the areas of non-competition, choice of law, and arbitration in its decision in Jones v. Humanscale Corporation. The decision issued on Friday, June 17, involved an employer’s attempt to specify in its employment contracts with its employees that the law of its home
Governor Signs Law Allowing Corporations Greater Flexibility to Grant Equity Awards
On November 20, 2009, Governor Jon Corzine signed into law an amendment to an existing statute governing employee benefit plans. The statute is designed to provide greater flexibility to corporations in the types of equity awards that it may use to compensate employees. Under the new law (P.L. 2009, c.159), the board of directors may,