|June 18, 2018 | www.fisherphillips.com|
For the first time, a large, publicly traded company—Japanese web-business GMO Internet—has announced that it will soon offer its employees the chance to receive their pay in the world’s most popular cryptocurrency: bitcoin. While it’s not unheard of for smaller businesses operating in the tech-savvy blockchain or cryptosphere to offer bitcoin as compensation, it became worldwide news when GMO disclosed its 4,000 employees will have the option of receiving bitcoin as a portion of their salaries beginning this February. Is this the start of a new trend you need to be aware of? What does the average employer need to know about bitcoin, and can you pay your workers using this cryptocurrency?
What can the connection between legendary rock band R.E.M. and veteran reporter Dan Rather tell us about workplace safety? Most readers probably didn’t realize these two well-known figures had anything in common, nor would they have guessed it relates to safety. Yet a 1986 attack on Rather while he was walking alone to his Manhattan apartment linked the former CBS Evening News anchor to a band from Athens, Georgia forever, and the story might help you consider some techniques to protect your employees from danger.
It’s hard to keep up with all the recent changes to labor and employment law. While the law always seems to evolve at a rapid pace, there were an unprecedented number of changes each month in 2017—and if January is any indication, 2018 will be no different. There were so many significant developments taking place during the past month that we were forced to expand our monthly summary beyond the typical “Top 10” list. In order to make sure that you stay on top of the latest changes, here is a quick review of the Top 18 stories from last month that all employers need to know about: