As a business owner, there are foundational concepts of employment law that are important for you to know. During this episode, we are joined by Todd Bennett, from Bennett and Belfort. Specializing in employment law matters for both employers and employees. He joins us to discuss important issues facing business owners as they navigate relationships between employers and employees. We begin our conversation by differentiating between non-competes and solicitation agreements. Next, we delve into wage-per-hour laws, and advice for employers according to termination, suspension, and why it is valuable to build a strong relationship with an employment lawyer. Hear why record-keeping is important for overtime and what the three-year lookback period for Wage Act violations means for you and your business. We also get into the weeds with the legal implications and best practices on remote work in Massachusetts and beyond. You’ll hear how the global economy has changed since COVID and more.
Key Points From This Episode:
- Introducing Todd Bennett, Attorney at Bennett and Belfort.
- An overview of the topics touched on today.
- What a non-compete agreement is and why a business owner would implement one.
- The difference between non-compete and solicitation agreements.
- How non-solicitation agreements apply to employees.
- Differentiating between restrictions in different states.
- Why a non-compete in a business transaction is not the same as one between an employer and employee.
- Implications of time constraints applying to non-competes and non-solicitations.
- Exceptions for non-compete agreements including physicians and broadcasters.
- Best practices on wage-per-hour for employers: termination, suspension, and more.
- Why it is helpful as a business owner to have a good relationship with an employment lawyer.
- How commissions apply to a wage payout.
- The importance of having an employment handbook.
- Record-keeping and Wage-Act violations.
- Navigating remote work in compliance with wage-an-hour laws.
- How hiring has changed since COVID.
- Why it is so important to have good practices around paying employees timeously.
- Key takeaways from the conversation: having the right advisors in place.
Links Mentioned in Today’s Episode:
Todd Bennett on LinkedIn
Todd Bennett Email
Bennett and Belfort
Transaction Talk
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