Category Archives: Employment

Filing reminder: Incentive Stock Options and Employee Stock Purchase Plans—IRS Information Statements and Information Returns under Section 6039

This post is a reminder of certain year-end reporting requirements imposed under Section 6039 of the Internal Revenue Code of 1986, as amended, with respect to incentive stock option exercises and transfers of stock acquired under employee stock purchase plans occurring during 2011. For incentive stock option exercises and transfers of stock acquired under employee…

Changes to 2012 Minimum Wage Rates

Minimum wage laws are often a rude awakening for startups that would prefer to pay employees solely with equity.  Always be mindful of minimum wage laws for both exempt and nonexempt employees to ensure compliance with current legal thresholds. Set forth below are rates at the federal level, and for the states and localities that…

Law Alert: California Passes Even More Employment Related Laws

Employment laws can be traps for the unwary startup, especially in California. The following summary, prepared by Cooley’s employment group, summarizes a number of new employment-related laws that were signed on October 9, 2011. –  -  - On October 9, 2011, California Governor Jerry Brown signed into law a series of bills impacting the landscape…