New York Department of Labor Issues Proposed Apprenticeship Regulations in State Register

In August of 2015, the U.S. Securities and Exchange Commission (SEC) issued the Pay Ratio Disclosure Final Rule under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The rule requires a public company to disclose the total pay of its CEO and its median-paid employee, and the ratio between the two. The rule will be effective for compensation paid in fiscal years starting on or after January 1, 2017 and must be disclosed in SEC filings requiring executive compensation disclosure (e.g. annual reports on Form 10-K, proxy statements) starting in 2018.

Under the new law, employers with 11 or more employees must provide paid sick leave for workers and smaller employers must provide unpaid sick time. The law is set to take effect on July 1, 2015, and employers have raised many questions about how the law will be implemented.

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…..