Though forming a limited liability company (“LLC”) may seem like a relatively straightforward process, there is a lot more than meets the eye. Not only are there statutory and regulatory mandates, but there are also non-mandatory documents essential to ensuring the success of the business and its members. Before filing any forms for an LLC, […]
Currently, Connecticut law requires employers with more than fifty (50) employees in specific retail and service occupations to provide their employees with up to forty (40) hours of paid sick leave annually. The new legislation expands coverage to include more workers in two ways: beginning January 1, 2025 the paid sick leave law will apply […]
To be a senior manager, an employee must have earned at least $151,164.00 in 2023, and be in a policy-making position. Determining what a “policy making” position is depends entirely on the specific roles and duties of the employee- it has less to do with the employee’s title and more to do with their role […]
When looking at the relationship between a worker and employer, Connecticut applies the presumption that the worker is an employee. To prove otherwise, courts apply the “ABC Test.” All three parts of the test must be satisfied in order to show someone is, in fact, an independent contractor. If all parts are not satisfied, the […]
Public Act 21-30 takes effect this month and requires an employer to disclose the wage range it anticipates relying on when setting wages for a particular position. According to the Act, this may include reference to any applicable pay scale, any previously determined range of wages for the position, actual range of wages for current […]
When clients first come to KKC to discuss their intended purchase of a business, the conversation usually starts with the following question from the attorney that they are meeting with: “Are you buying the ownership interest in the business (i.e. the stock for a corporation or the LLC membership interest for an LLC), or are […]
In essence, the Legislature declared domestic violence victims as members of a protected class. As a result, such individuals are entitled to “reasonable accommodations,” including a reasonable leave of absence from their employment, to seek attention for injuries caused by domestic violence or obtain services to address their circumstances. The law now requires that employers […]
All “qualified” employers, whether for profit or not for profit, are required to facilitate MyCTSavings program for eligible employees. An employer is qualified if they: However, a qualified employer is exempt from participation if they: Qualified, employer-sponsored retirement savings plans are any plans qualified under Internal Revenue Code section 401(a), including a 401(k), qualified annuity […]
