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What’s New in Employment?

Establishing a U.S. Entity – A Primer for Israeli Digital Health Start-Ups

Had a fabulous experience serving as faculty on the topic of Establishing a U.S. Entity  for Tel Aviv University’s annual 4-day bootcamp, Health Care Technological Innovation – From Idea to Commercialization, hosted by the Lahav Executive Program for Biotechnology, Medical Device and Health IT Entrepreneurs and Managers at the Coller School of Management.  This unique intensive program focuses…

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Chapter 7 debtor dissolved under State law held responsible for ERISA plan

A company liquidated in bankruptcy and dissolved under state law maintains responsibility for an ERISA plan if it continues to make pay-outs in the company name  The 11th Circuit has interpreted ERISA to require such defunct company’s affiliates to back-stop such plan.  A timely PBGC take-over would have mitigated this result.  

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“Comparable Worth” Law Rectifies Gender Discrimination

The concept of “Comparable Worth” as a way to equalize gender pay under Title VII has been discarded by US courts as too murky to implement.  Meanwhile, in New Zealand, a woman-led government is finally making it law.  It is about time that so-called “women’s work” is recognized and compensated for its skillful value-add.

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Hybrid Independent Contractor Model Emerges

Uber, Lyft and DoorDash have successfully obtained the CA vote to retain their workers as independent contractors, but they conceded to providing some “employee” benefits to obtain this milestone vote. This may be the beginning of a new model for independent contractor talent hiring in the growing gig ecosystem.  

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PPP Recipients can Self-Certify for Small Loan Forgiveness

Thankfully, the SBA has issued new guidelines for PPP loan forgiveness with the following changes.  Recipients of $50,000 or less can self-certify that the money was used for covered expenses, the new application is one page short, and the requirement to maintain employee and salary numbers has been eliminated.  This is a great step toward accomplishment of…

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Business Model for an Inclusive Remote Culture

Start-up, Ultranauts, a virtual data analytics company, has seemingly invented the secret sauce to an engaged corporate culture.  And it is willing to share.  Its in-house app, Biodex is key, starting each day with this inquiry: How “interactive” — ready to communicate with others — are you feeling today? What’s your energy level? Note that…

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Stakeholders anxiously await clarification of PPP loan forgiveness process

Borrowers and lenders are being advised to sit tight, while Congress reworks the kinks toward debt forgiveness for PPP loans.  As outlined by the NYT, progress is being made toward overcoming the various hurdles so that all stakeholders will be able to achieve the initiative’s well-intended respite and fresh start.

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