The Corporate Transparency Act (CTA) came into effect on January 1, 2024, with the goal to help the US government combat financial crimes like tax fraud, money laundering, corruption, and even drug and human trafficking. In order to do so, this law requires all businesses operating in the US with an EIN to fileContinue Reading
If you own a restaurant or are involved in the hospitality industry, there’s been a recent court decision you should know about. The Fifth Circuit Court of Appeals struck down a controversial rule from the Department of Labor (DOL) known as the “80/20/30 rule.” This ruling provides relief for employers struggling with the complexitiesContinue Reading
The National Labor Relations Board (NLRB) recently retracted its controversial joint employer rule, which would have made it easier for workers to be considered employees of multiple entities. However, employers shouldn’t breathe a sigh of relief just yet. Four months ago, a Texas federal court judge struck down this rule, and the NLRB hasContinue Reading
The FTC’s final rule governing non-compete agreements was published in the Federal Register on May 7, 2024, which means that the rule is set to become effective on September 4, 2024, unless overruled by pending litigation. After this date, existing noncompetes for most workers will no longer be enforceable. What is a noncompete agreementContinue Reading
The U. S. Department of Labor (DOL) recently announced that the minimum salary an employee needs to earn to be considered exempt from overtime pay under so-called “white-collar” exemptions will rise soon. The DOL’s objective is to increase the number of employees eligible for overtime, and this change will impact around 4 million workers.Continue Reading
Overtime pay has been a part of US law since 1938, yet compliance with the Fair Labor Standards Act has been a consistent problem for businesses. The cost of noncompliance is growing, and disregard of overtime laws is a sure way for a business to end up in a wage & hour audit or lawsuit. Continue Reading
If you work with staffing companies or contractors it’s critical to be aware of your terms and conditions of employment since they may potentially put you in the category of a joint employer, which can now lead to unintended liabilities. What constitutes joint-employment? A recent ruling by the National Labor Relations Board (NLRB) mayContinue Reading
Administrative responsibilities such as payroll, benefits, HR (human resources), risk management, and compliance can create time and financial burdens. As a result, they force an owner’s attention away from their business’s core mission and hinder potential profitability. Seeking out an experienced and reliable Professional Employer Organization (PEO) such as UniqueHR to manage these integral partsContinue Reading
UniqueHR is honored to have been featured in the inaugural issue of The Bend Business (TB Business) magazine. The magazine’s editors state that the “goal of TB Business is to tell engaging business, economic and leadership stories in the Coastal Bend. Specifically, TB Business will focus on the people behind organizations and businesses in CorpusContinue Reading
Professional employer organizations played a pivotal role in helping many small businesses survive the pandemic and position themselves for what comes next. As the COVID-19 pandemic created one of the most serious business disruptions in recent memory, many small and midsize businesses (SMBs) struggled to stay afloat. An onslaught of new laws, regulations, and programsContinue Reading
Payroll Protection Program (PPP) portal resumes January 11, 2021 to accept applications for First Draw PPP Loans. Second Draw Loan applications are accepted January 13, until March 31, 2021. The Payroll Protection Program is a direct incentive for small businesses to keep their employees on payroll. Loans have 1% interest rate. Loans issued before JuneContinue Reading
September 17, 2020, Governor Abbott announces expanded capacity for certain businesses Governor Abbott expanded capacity limits to 75% specifically for: restaurants retail stores offices gyms The Governor specifically prohibited bars from reopening. June 26, 2020, Governor Abbott takes Executive Action to limit spread of COVID-19 Governor Abbott is limiting certain businesses in an effort toContinue Reading
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