50 Employee Threshold

NADUR

We are a small bank that has been open for just over six years. We currently have 40 employees and plans to open two new branches within the next 12 - 15 months. After hiring the employees for those two branches, we will reach or exceed the 50 employee threshold. I know that has consequences, but I don't know what they all are. Could someone provide a laundry list of all the laws/regulations with which we'll need to comply when we hit 50? And any details about the laws/regulations would be greatly appreciated. Secondly, would anyone know of a consultant that may be able to help us with this sort of thing? We are in the central Ohio area. Thank you!

marc

I'll start the list with the obvious:

When you have 50 EEs within a 75 mile radius - your company is subject to the Family Medical Leave Act (FMLA).

HRinFL

You already have reached the threshold for Title VII, USC Section 1981, the ADEA, Equal Pay Act, the ADA, and once you reach 50, the FMLA. Check with a labor attorney in your area to determine if there are any state laws that you will qualify for when you reach the 50 ee mark.

Don D

If you're in HR, I think it also qualifies you for an assistant!

NADUR

Actually, I think we need someone else to do HR! I'll be the assistant!

hrbanker

Good luck! In banking, it's 1 HR FTE for each 100 employees. When you get to 150, if you are very fortunate, you can have a part time assistant.

JM in ATL

I recommend you do an internet search of company size vs. employment laws. I've found a checklist of laws wich provide # of employees and compliance rules.

AnneHa

This discussion was held a few months (weeks?)ago. This link should help.

[url]http://www.hrhero.com/employersforum/DCForumID14/6116.html[/url]

Anne in Ohio

NADUR

Thank you so much. That link was very helpful and gives me just what I need.