Audit, Compliance and Risk Blog

Employee Suspension: A Legitimate Disciplinary Measure?

Posted by STP Editorial Team on Thu, May 05, 2016

Supreme_Court_Canada_cropped.jpgIf you are an employer and are considering using suspension as a disciplinary measure, be aware that the Supreme Court of Canada has indicated that employers do not have unfettered authority to withhold work from their employees and that legitimate business reasons must be shown in the context of any administrative suspension. Absent such reasons, an administrative suspension—even with pay—may be found to be a constructive dismissal.

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Tags: Business & Legal, Employer Best Practices, Employee Rights, Canadian

SEC Adopts Crowdfunding Rules

Posted by Jon Elliott on Mon, Feb 22, 2016

The 2012 Jumpstart Our Business Startups (JOBS) Act enacted a number of changes to national securities laws intended to make it easier for small companies to raise capital privately, before having to confront the possibilities of initial public offerings or acquisition. One important piece directed the Securities and Exchange Commission (SEC) to enact rules to allow “crowdfunding” of qualifying small capital issues without requiring registration of the securities or issuer with SEC itself. The JOBS Act directed SEC to issue its rules by January 2013, but SEC only completed the task in November 2015, with rules that will become effective in May 2016. (I blogged about the proposal here) SEC’s new Regulation Crowdfunding (codified as 17 Code of Federal Regulations (CFR) part 227) defines requirements for issuers, and a new category of registered entities called “intermediaries”, who must register with SEC as brokers (using pre-existing rules) or as a new category of party called “funding portals.”

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Tags: Business & Legal, SEC, EHS

SEC Ponders Responsibilities For Board of Directors’ Audit Committees

Posted by Jon Elliott on Tue, Sep 15, 2015

Boards of directors are responsible for governing their corporations. Many boards divide their work among committees. Committees often include an “audit committee,” with responsibilities that may include:

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Tags: Business & Legal, SEC, Accounting & Tax, Audit Standards

Director Found Liable for Transferring Assets

Posted by Ron Davis on Tue, Sep 01, 2015

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Tags: Corporate Governance, Business & Legal, Canadian

EEOC’s Latest Word On “Sex” Discrimination

Posted by Jon Elliott on Tue, Aug 25, 2015

Federal laws prohibit employers from basing employment decisions on a variety of factors, including “sex.” This term is not defined, leaving its interpretation to change and expand with social changes and court decisions. The central entity creating and applying these interpretations is the Equal Employment Opportunity Commission (EEOC), which administers and enforces Title VII of the Civil Rights Act of 1964 and a variety of subsequent laws. On July 15, EEOC reaffirmed its present interpretation, in an enforcement decision in which the plaintiff claimed he was denied access to a promotion because he’s gay (Baldwin v. Foxx). The EEOC’s order includes a clear summary of the agency’s approach to sex discrimination cases:

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Tags: Corporate Governance, Business & Legal, Employer Best Practices, Employee Rights, Workplace violence, EEOC, NLRB

Should You Pay Your Interns?

Posted by Jon Elliott on Tue, Aug 04, 2015

Since it’s the middle of summer, you may have interns working in your office. If so, are they being paid for their efforts, are they receiving academic credits, or are they working to build their resumes, portfolios and connections? Some employers always pay, some never do, and some are open to negotiations based on the intern and his or her activities.

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Tags: Business & Legal, Employer Best Practices, Employee Rights

Avoid Workplace Violence With Info From OSHA

Posted by STP Editorial Team on Thu, Jul 16, 2015

When the majority of people hear the word “violence” they think of physical assault. Of course we know that acts of violence go beyond the physical to include any act in which a person is abused, threatened, intimidated, or assaulted. Every year almost two million U.S. workers report having been victimized by acts of workplace violence, yet many cases still go unreported. Workplace violence is a much bigger problem than many people realize, and it can happen anywhere at any time, and everyone is at risk.

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Tags: Business & Legal, Employer Best Practices, Health & Safety, Employee Rights, Workplace violence, criminal background checks

Supreme Court Expands Employers’ Duty To Avoid Religious Discrimination

Posted by Jon Elliott on Thu, Jul 09, 2015

Federal laws protect individuals against job discrimination based on a variety of “protected classes” of characteristics. Most represent physical characteristics, such as race, sex, and disability. In addition, however, Title VII of the Civil Rights Act of 1964 prohibits a prospective employer from refusing to hire an applicant in order to avoid accommodating a religious practice that it could accommodate without undue hardship.

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Tags: Corporate Governance, Business & Legal, Employer Best Practices, Employee Rights, EEOC, NLRB

Join the Napping Revolution…at Work!

Posted by STP Editorial Team on Tue, Jun 16, 2015

You’ve likely heard it said that “everything we need to know we learned in kindergarten.” Well, that includes the benefits of taking a nap in the middle of the day, which has been shown to improve attitudes and enhance the ability to learn and manage tasks. Young children and elderly persons tend to nap, and napping is an important aspect of many cultures. However, as a nation, the United States appears to be becoming more and more sleep deprived. General reluctance to take naps may be attributed to a busy lifestyle and the demands of the North American workplace, or to the idea that napping will interfere with our nighttime sleep, or the stigma that napping equals laziness and results in poor productivity.

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Tags: Corporate Governance, Business & Legal, Employer Best Practices, Health & Safety, Employee Rights, Training

OSHA: Managing Confined Spaces

Posted by Jon Elliott on Tue, Jun 02, 2015

Last week the U.S. Occupational Safety and Health Administration (OSHA) issued its first detailed standard requiring employers in the construction sector to define confined spaces in their workplaces, and to implement training and safety programs to protect employees. This new standard incorporates longstanding requirements for most employers (what OSHA calls “General Industry”), with enhancements based on ongoing experience. Whether your organization is in construction, general industry, or another specialized sector, OSHA’s new standard provides a reminder to consider confined space safety in your workplaces. The following discussion summarizes the main issues and associated compliance requirements. 

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Tags: Business & Legal, Employer Best Practices, Health & Safety, OSHA, Employee Rights