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California › Corporate Counsel › Employee Benefits

Fox Rothschild LLP

Stock Options are Not Wages Under the California Labor Code

Fox Rothschild LLP on

In a win for California employers, the California Court of Appeal held that stock options are not wages. A stock option is a contractual right to buy company stock at a certain price regardless of whether the stock price...more

Fisher Phillips

California Finally Clarifies Key Paid Sick Leave Discrepancy for Part-Time Employees

Fisher Phillips on

California employers recently got some welcome news when state regulators clarified the method by which you should apply new paid sick leave benefits to part-time employees. Without much fanfare or public announcement, the...more

Fisher Phillips

California Expands State-Run Retirement Program

Fisher Phillips on

California Governor Gavin Newsom recently signed legislation that will expand CalSavers, the state’s IRA-based retirement program, to cover virtually all California employers that do not sponsor their own qualified retirement...more

Allen Matkins

Does A California Corporation Have The Power To Indemnify Corporate Employee Benefit Plan Fiduciaries?

Allen Matkins on

Section 317 of the California Corporations Code authorizes, limits and  in one circumstance even mandates the indemnification of a person by reason of the fact that the person is, or was, an "agent" of the corporation.   The...more

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