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FMG Law Blog Line

Archive for July, 2011

FMG Client Named Nation’s Top Employment Team

Posted on: July 1st, 2011

AGCO Corporation, a long-time FMG client, won the “Top Employment Team” award at the Association of Corporate Counsel/International Global Counsel Awards in New York City on Thursday, June 19th.  Pictured at the ceremony at left are FMG partners Ben Mathis, Bart Gary, and Mary Anne Ackourey, together with Dennis Branch (VP North America HR), Lucinda Smith (Sr. VP, Global HR), Chris Hardin (Director, Risk Management), and Debra Kuper (VP, General Counsel and Corporate Secretary). (more…)

The U.S. Department of Labor Clarifies The FLSA’s Tip Credit Provision

Posted on: July 1st, 2011

By Brad Adler and Marty Heller

Many employers, particularly restaurants, routinely utilize “tipped employees” in operating their business and have followed the same protocols for years in managing such employees.  A recent development, however, will call for employers to reevaluate their tip credit policies.  Specifically, in April, 2011, the United States Department of Labor (DOL) issued final regulations that provided clarification on the notice required to utilize the tip credit, permissible tip-pooling contributions and the proper owner of employee tips under the Fair Labor Standards Act (FLSA). (more…)