People usually are a business’s most important asset, but people can also be a source of considerable problems. Multiple federal and state and local agencies enforce federal and state employment laws and regulations that must be understood and complied with on an ongoing basis. Failure to comply can result in considerable expense to the business, and it can impair your relationship with your employees, disrupt your business, and divert managements’ focus. At Strassburger McKenna Gutnick & Gefsky, our Business Services Group and Employer-Employee Relations Group works closely with our clients to help them understand and comply with their employment obligations and deal with regulatory agencies when necessary.
Establishing employee and consulting contracts and equity and bonus incentive programs also is critical to developing and protecting the value of our clients’ businesses and in transferring that value to new owners at the proper time.
To discuss your businesses employment law compliance issues, contact Michael D. Fox.