50 Employee Threshold

NADUR · April 2005

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 · April 2005

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 · April 2005

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 · April 2005

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

NADUR · April 2005

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

hrbanker · April 2005

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 · May 2005

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 · May 2005

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 · May 2005

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

50 Employee Threshold

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