Potential Issues for Employers After Brexit (With No Clear Answers Yet)

dv1992032_ngm

The voters in Great Britain caught the world off guard by voting to leave the European Union (EU) after over 40 years of membership. However, after the vote, the questions immediately started. Leaving the EU is governed by a treaty and terms of the “Brexit” will be negotiated between Great Britain and the EU in the next two years. Some of these terms are likely to have significant impacts on the British and European labor force, which employers will need to monitor and take steps to address. Continue reading this entry

Employee Error Accounts for Most Security Breaches

CyberSecurity1

A recent study by a well-known information security company captures one of the most common information security fallacies: that information security is a technology problem. Most manufacturers, along with many other businesses, view mitigating information security risks as falling squarely in the purview of their information technology department. However, this study reports that human error actually accounted for nearly two-thirds of security compromises, far exceeding causes like insecure websites and hacking. While technological measures (e.g., anti-virus software, access controls, firewalls, and intrusion detection systems) are clearly important, their effectiveness pales in comparison to the benefits gained by effective security awareness training. Continue reading this entry

Impact of Brexit for Intellectual Property Rights

D_NGM_abst_IP

A British vote to leave the European Union (EU)—the Brexit referendum issue scheduled for a vote on June 23, 2016 — would have a significant effect on intellectual property right-holders, such as manufacturers doing business in Europe, as IP rights are governed by numerous EU regulations. Bearing in mind the intricate economic relationship between the UK and the EU, the British government would likely apply transitional provisions to the EU-wide IP rights currently in place in the event Brexit occurs. As the referendum date comes closer and the Brexit debate gains momentum, this blog explores the possible outcomes for IP rights holders if the UK were to leave the EU.

Continue reading this entry

DOL’s Increased Salary Test: What Employers Need to Know

Money

For months, employers have been anxiously awaiting the Department of Labor’s (DOL’s) final rule on exemptions from overtime under the Fair Labor Standards Act (FLSA) and wondering whether the DOL would pass the rule as previously proposed or make modifications to its June 2015 proposed rule. Now the wait is finally over and, as anticipated, the DOL’s final rule (which will be published in the Federal Register today) contains some significant changes for employers with salaried workers. Notably, this rule is only one of many new regulations that the President’s Administration pushed through by May 23, 2016 in order to ensure they take effect before President Obama’s term ends in January 2017. Below are several highlights of the final rule change, along with strategies employers should consider before the rule changes take effect. Continue reading this entry

Presentation Recap: Car Wars

map_charts

“A [not so] long time ago in an automotive industry [not] far, far away,” John Murphy, Research Analyst for Merrill Lynch delivered his popular annual “Car Wars” presentation in Detroit on May 10th. This was the 26th year of the report (which began in 1991), which is not quite as old as the 39-year old Star Wars franchise that dates back to 1977. But, for automotive geeks, both remain very interesting. Continue reading this entry