On Thursday, November 17, SBIDC hosted a panel of experts, including labor and employment attorney Glenn Franklin of Franklin, Gringer & Cohen, P.C., small business consultant Holly Howard of Ask Holly How, and industrial engineer and management consultant Ron Loveland of Summit Business Solutions, to discuss upcoming changes to state and federal employment laws. The panelists discussed several topics, including the December 31 increase in New York’s minimum wage, which will rise from $9 per hour to $11 per hour, ultimately rising to $15 by the end of 2018. They also discussed changes to the Fair Labor Standards Act – namely an increase in who is considered “non-exempt” under the law. They also spoke about various ways to make a business more efficient and productive, including reduction of waste, streamlined production strategies and energy efficiency, as well as the importance of company culture, with regard to retaining and advancing employees.
For more information on the changing labor laws in New York, please reach out to our Business Services Manager, Steven Gause, at firstname.lastname@example.org or (718) 965-3100.
Summit Business Solutions