As cryptocurrencies like Bitcoin, Litecoin and Etherium grow in the public consciousness and become more relevant in everyday life, New York employers may have incentives to pay their employees in crypto. Such an action might bring cryptocurrencies further into everyday use and help employers attract tech-savvy personnel. Entrepreneurs and business owners interested in paying employees in this way might run afoul of wage and hour regulations, however. Employers should be aware of the potential pitfalls of paying wages in other than U.S. currency.
As more women come forward to identify men in politics, media and entertainment as perpetrators of sexual harassment, it is worth looking at how this problem appears to affect the average worker.
New York residents may be aware that the internet search giant Google has been accused of racial and sexual discrimination and nurturing a workplace environment hostile to women and minorities. The technology company won a victory of sorts on Dec. 4 when a San Francisco Superior Court judge dismissed a class action lawsuit brought on behalf of all of its female employees. However, celebrations at the company's headquarters were likely subdued as the plaintiffs were given 30 days to refile their lawsuit on behalf of only women who claim to have faced pay discrimination.
The federal Fair Labor Standards Act is a complex law that governs most employers in New York. Employers are required to comply with its wage and hour provisions and to pay a minimum hourly wage to their statutory, non-exempt employees. Workers sometimes file claims against their employers, alleging that the employers have violated the overtime and minimum wage provisions of the law. As one case recently demonstrates, employers may be able to defend against these lawsuits.
New Yorkers are likely aware of the numerous powerful men who have recently been accused of sexual harassment. According to reports, Andrew Kreisberg, the executive producer of such shows as "The Flash" and "Arrow," has been terminated from his job by Warner Bros. Entertainment after the company's investigation into sexual harassment allegations that were lodged against him.
How New York employers and others throughout the country handle sexual assault allegations could play a role in how the case proceeds. Companies that take such complaints seriously may limit their liability as well as the potential for backlash against the brand. The first step that a company may want to take is to hire an attorney who understands the legal issues that may arise because of such a claim.