On November 12, 2024, employers and trade unions reached a pilot agreement for the Northern and Bavarian collective bargaining area in Hamburg during the fourth negotiation round. We inform you about the core content.
On December 10, 2024, we will interpret the results of the US elections with experts and company representatives at our Dialog International “America has voted” and discuss the prospects for transatlantic economic relations. The hybrid event will be held in German and English.
Companies operating in the USA still have until January 1, 2025 to report information on their beneficial owners and persons with management control to the Financial Crimes Enforcement Network (FinCEN).
On January 9, 2024, the U.S. Department of Labor (“DOL”) issued the final rule for Employee or Independent Contractor Classification under the Fair Labor Standards Act (“FLSA”). This rule addresses when employers can classify workers as independent contractors under federal labor law.