Insight on Labor & Employment Developments for Connecticut Businesses
Suppose your company has an incentive bonus plan that bases a bonus on the specific work done during a calendar year. Bonus payments are made 90 days after the end of the calendar year on an “Award payment date.”
But your bonus plan has an important provision. That provision states that “Participants must be employed…
After a brief hiatus, our free monthly webinar series is back. On November 3, 2010 (from 12-1 p.m. EDT), my colleagues Jonathan Orleans and Tiffany Kouri will address two hot topics in employment law:
…
Back in June, the Connecticut Supreme Court issued its decision in Ziotas v. The Reardon Law Firm — a significant ruling because it found that where a bonus is discretionary and is not ascertainable by applying a formula, it did not constitute "wages".
I talked about the case in a lengthy post and noted that…
Earlier this month, I talked about how a new case from the Connecticut Supreme Court could have an impact on bonus plans for employers. The Connecticut Law Tribune this week (subscription required) echoes many of my sentiments.
The Tribune states that some employment lawyers believe it is going to have a "wider impact", while others…
In a decision that will be officially released next week, the Connecticut Supreme Court has ruled that a year-end bonus — the amount of which is discretionary — does not constitute "wages" under Connecticut wage & hour laws.
The decision, Ziotas v. The Reardon Law Firm (download here), reverses an appellate court decision to…
Remember the big uproar over the AIG bonuses a few weeks back? (Seems like a few years ago now, right?)
Well, the beginning of the end of Connecticut’s interest in the matter occurred today with a whimper, not a bang, when the state’s consumer protection commissioner released a memorandum concluding that Connecticut has no legal…
UPDATED
Over the last 24 hours, it seems that every politician is decrying the use of Connecticut wage and hour laws as apparent support for AIG’s payout of various retention payments. Connecticut Attorney General Richard Blumenthal’s comments are among the most pointed, according to Capitol Watch:
"I have significant doubts about the validity of…
