Wendy Lane is the chair of Greenberg Glusker’s employment department. Opinions are the author’s own.
Due to the volatility of the economy and the nature of work, manufacturing companies are prone to highs and lows, which can create operational challenges. Balancing demand against the need to retain highly specialized workers is a challenge in any environment, but there is heightened risk when the market loses predictability due to external factors.
During a slowdown, it is especially critical that manufacturers maintain strict compliance with state and federal employment laws and regulations in order to avoid costly legal issues. Read on for some key issues that manufacturing companies should be aware of during slow periods in order to minimize legal headaches.
How are manufacturers using AI, and what should leaders know about the technology?
When demand is not at its peak, manufacturers may analyze wages to find cost savings. Determining the classification of employees as exempt or nonexempt upon their hiring is a key step in managing the workforce, as hourly employees may earn less when work hours aren’t available, while salaried employees must continue to receive a fixed salary at the same rate of pay each pay period, regardless of the quantity or quality of work performed in a given workweek.
If an employer looks to reduce salaries during a...
On March 25, the U.S. Department of Justice (DOJ) announced that Evolutions Flooring Inc., an importer of multilayered wood flooring, and its owners agreed to pay $8.1 Million to settle False Clai...