The Wage and Hour Division of the US Department of Labor proposed new regulations (Administrator's Interpretation No. 2015-1), which, if implemented, will vastly expand the number of employees who must be paid on an hourly basis under the Fair Labor Standards Act (FLSA). According to the new regulations, the Department believes that there has been a dramatic expansion of misclassification of individuals as independent contractors in an effort to avoid payment of taxes and avoid compliance with labor laws.
To realize M&A success, focus on integration and do it early
Anyone serious about creating a business legacy in Louisiana, Mississippi or Texas has to be thinking about growth. Growth is the benchmark by which success is measured these days. But how is that achieved?
