Articles Tagged with business

Employing people carries its inherent risks. As much as you might try to minimize those risks during the hiring and training process, you may still find yourself facing liabilities down the road. Fortunately, there are many ways to avoid employment lawsuits. These include careful compliance, advance preparation, and generally taking good care of your employees.

Regulatory Compliance

It’s important to know what the rules are in all aspects of your business operations, but it’s especially important when it comes to working with employees. Laws ranging from workplace safety and health under OSHA to equal employment opportunity and discrimination should all be considered.

Corporate governance is an integral component of running a business, particularly when it comes to maintaining compliance with legal standards and keeping company leadership accountable. Employees are often affected by decisions made with respect to how a corporation is governed, but they typically don’t have much say in the matter.

Here, we’ll look into the role employees can have in corporate governance and how they can impact it in a positive way.

The Interest Employees Have in a Company’s Success

Most businesses carry with them a certain amount of legal risk, which is why implementing preventive law can yield a great deal of value. The process of implementing preventive law begins with choosing an attorney, and it requires a sound understanding of your business’s legal needs.

What Is Preventive Law?

To begin, let’s discuss the meaning of preventive law.

The Fair Labor and Standards Act (FLSA) applies to the vast majority of businesses. While some enterprises—particularly small ones—may be exempt from the FLSA, this is the exception rather than the rule.

What Is the FLSA?

The FLSA covers various areas of employment law, such as:

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