The first half of 2023 brought job cuts to roughly 100 biotech and pharma companies. But while that may indicate an unstable employment landscape, it is not a universal trend. Since March, appetite for life sciences talent has gathered steam. According to data from real-estate firm JLL, June 2023 had the sixth highest number …
SEVERANCE & MASS LAYOFF ALERT: California Biotech Cut Staff Read More »
Microsoft-owned LinkedIn announced Monday that it cut almost 700 employees, with most coming from the engineering organization, according to a memo viewed by CNBC. Cuts also came in the company’s finance and human resources groups, according to a person familiar with the situation who asked to remain unidentified because they were not authorized to discuss …
SEVERANCE & MASS LAYOFF ALERT: Microsoft-Owned Linkedin Read More »
In the California employment Landscape, wrongful termination is a concern for most employees. Wrongful termination refers to the unlawful dismissal of an employee, wherein the employer violates labor laws, breaches employment contracts, and/or engages in discriminatory practices. Although California provides intensive legal protections for employees, many employers fall short. Wrongful termination can have an impact …
The Securities and Exchange Commission (SEC) is a regulatory agency in the United States that plays a crucial role in overseeing and enforcing securities laws. The SEC’s mission is to protect investors, maintain fair and efficient markets, and facilitate capital formation. To fulfill this mission, the SEC focuses on monitoring and investigating various types of …
The Family and Medical Leave Act (FMLA) is a federal law that provides eligible employees with job-protected leave for specific family or medical reasons. It ensures that employees can take time off work to care for their own serious health condition, a family member’s health condition, or for the birth or adoption of a child …
Short-term disability and the FMLA both offer some form of protection for employees who need to take a leave of absence from work, but each has its own considerations, terms, and requirements. The conditions for taking short-term disability are typically quite different than FMLA qualifications. For example, the FMLA requires employment for 12 months and …
Similarities and Differences Between Short-Term Disability and FMLA Leave Read More »
In California, the prevailing wage laws serve as a cornerstone for promoting fair labor practices in public works projects. The prevailing wage is the minimum hourly rate, including benefits, paid to workers in a particular locality and trade classification. These laws aim to protect workers from exploitation, ensure fair competition among contractors, and maintain high …
California Prevailing Wage: Ensuring Fair Compensation for Public Works Projects Read More »
In times of economic downturn, businesses may face the difficult decision to downsize, restructure, or close their operations. While such actions may be necessary for the survival of a company, they can have a significant impact on employees and their livelihoods. In California, the Worker Adjustment and Retraining Notification (WARN) Act was enacted to provide …