Many believe that the U.S. economy is currently in a recession or will soon enter one as a result of the economic impacts of Coronavirus Disease 2019 (COVID-19). Noted virtual capital firms are advising their portfolio companies to reevaluate expenses and headcount....
A California lawsuit against Uber just got a whole lot busier. On September 1st, U.S. District Court Judge Edward Chen granted class-action status to a suit brought by three Uber drivers, who are alleging the ride-share company misclassified them as independent...
Congratulations! Your business is growing, and you’re ready to hire your first employee. You’ve moved beyond the legal netherworld of independent contracting, and it’s time to establish a formal employee relationship. This article will help you answer some common...
Private companies utilize equity compensation to attract and retain talent and plan future use of company capital. In preparing a compensation plan, many startups debate between two types of equity compensation awards – restricted stock or stock options. ...
The California Labor Commission ruled on June 3, 2015 that drivers for the ubiquitous ride-sharing company Uber are employees, not independent contractors. If certified on appeal, the surprise ruling could impact Uber’s business model and the sharing economy more...
As a startup or small business, hiring interns seems appealing. You need the help but don’t have the budget to pay an employee. And the intern gets valuable experience and training. It’s a win-win, right? Not quite. Hiring interns as a for-profit business...