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Maryland bill would subsidize employers that try a 4-day workweek | CNN Business

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Maryland bill would subsidize employers that try a 4-day workweek | CNN Business




CNN
 — 

In a first-of-its-kind proposal in america, some Maryland lawmakers need to subsidize employers that select to experiment with a 4-day workweek.

Extra exactly, it could subsidize employers that conform to check out a 32-hour workweek with out decreasing their full-time workers’ weekly pay, which relies on 40 hours of labor.

In February, legislators in Maryland’s Democratic-controlled Home and Senate will maintain hearings on a invoice that might supply state tax credit to corporations that take up that problem.

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“The pandemic has taught us that how we view work shouldn’t be set in stone but it surely’s one thing that we as residents can management,” stated Maryland Delegate Vaughn Stewart, one of many invoice’s lead sponsors.

Whereas many 4-day workweek experiments have been performed just lately within the US and Europe, no US state has supplied to subsidize the price of the experiment for its employers, Stewart added.

Employers that take part would have flexibility over how they permit employees to arrange their shorter workweek, Stewart stated. For some corporations, eight hours a day for 4 days would possibly work greatest. At different corporations, some workers would possibly desire to work 5 days every week however finish their days at an earlier hour to take care of their commitments outdoors of labor.

“We’re not attempting to prescribe to corporations how they do it,” he stated. “It could be extra advantageous to have completely different approaches.”

The experiment ought to embody each blue-collar and white-collar employers, Stewart added. “This isn’t only for company entities.”

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To qualify for the credit score, employers must take part in this system for at least one yr and not more than two. They must share knowledge on their program’s outcomes with Maryland’s Division of Labor.

The invoice in its present kind caps what the state would spend in whole on program members’ credit at $750,000 a yr for 5 years. So if there’s enormous curiosity by employers, Maryland’s Division of Labor must choose which of them might take part. As well as, the state must pay the prices to manage this system, which Stewart estimates would possibly are available at $250,000 a yr.

Stewart views the credit score as a carrot to compensate employers for collaborating in what he hopes will likely be groundbreaking labor analysis on the state stage.

The quick impetus to introduce the invoice in Maryland, Stewart stated, was a current report on the outcomes of a shorter workweek trial for 903 workers at 33 completely different corporations.

That trial, coordinated by the nonprofit 4 Day Week World, together with researchers at Boston School, College School Dublin and Cambridge College, discovered that almost all of the businesses skilled a lift in productiveness and income, and a lot of the employees concerned reported much less stress, fatigue and burnout. And importantly, most collaborating corporations stated they didn’t plan to return to a five-day workweek.

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Since not one of the corporations in that trial have been particular to Maryland, Stewart stated, “We would like Maryland employers to expertise the identical productiveness and revenue good points.” And, he famous, it could assist workers within the state to have extra time for his or her lives outdoors of labor.

When requested if he’s assured the invoice would go each chambers of the state’s legislature earlier than the tip of the Maryland Basic Meeting’s 2023 session on April 10, Stewart stated he’s “cautiously optimistic.” He added that he’s gotten extra curiosity on this invoice than in all the opposite payments he’s sponsored mixed since he turned a member of Maryland’s Home of Delegates in January 2019.



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Maryland

Election 2024 latest news: Primary elections today in Maryland, Nebraska, West Virginia

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Election 2024 latest news: Primary elections today in Maryland, Nebraska, West Virginia


Voters are headed to the polls Tuesday for primaries in Maryland, West Virginia and Nebraska. The key races to watch include two primaries for U.S. Senate: one on the Democratic side in Maryland and one on the Republican side in West Virginia. Several races for U.S. House seats are also competitive.



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Chance of rain for Maryland Primary Election Day

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Chance of rain for Maryland Primary Election Day


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Maryland AG asks to hire 5 law firms to help with Key Bridge litigation

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Maryland AG asks to hire 5 law firms to help with Key Bridge litigation


The Maryland Office of the Attorney General is seeking authorization to hire five law firms to assist in what is expected to be a lengthy and complicated legal fight following the collapse of the Francis Scott Key Bridge.

In a written request, Attorney General Anthony Brown asked the Maryland Transportation Authority to approve a “contingent fee provision,” meaning that the firms would be paid out of money recovered from the bridge litigation.

The transportation authority unanimously approved the request a special board meeting at 4 p.m. Monday. Next up is Maryland’s Board of Public Works, which must also approve the payment arrangement at its meeting on Wednesday.

The five law firms are Kelley Drye & Warren LLP and Liskow & Lewis APLC, both based in Houston, Texas; Downs Ward Bender Herzog & Kintigh P.A., a Hunt Valley firm; the Lanier Law Firm, based in New York; and Partridge LLC, a New Orleans firm.

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The group “has the right mix of maritime litigation, insurance and other expertise and experience we need to pursue and protect the state’s interests in this critical matter,” Brown told the transportation authority.

 

The attorney general’s office began searching for assistant counsel to help with the case early last month. It received 34 proposals involving 63 law firms, including 14 proposed joint ventures with multiple firms.

The container ship Dali struck the Key Bridge on the early morning of March 26, sending the span tumbling into the Patapsco River and killing six members of a construction crew who were working on the bridge. The ship’s owner and manager, both companies based in Singapore, quickly filed notice that they would try to cap their liability in the crash at $43 million, roughly the value of the Dali and its cargo.

Parties with claims against the ship will try to stop the companies from limiting their liability, a process that takes place in federal court. So far, the city of Baltimore and a publishing company have filed claims as part of the action, but more are expected by the court’s deadline of Sept. 24.

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The attorney general’s office plans to seek financial recovery for the damages suffered by the state of Maryland in the crash. It would pay the five law firms on a sliding scale depending on how much money the state recovers and how long the litigation lasts.

The firms would not receive any compensation if the state recovers less than $350 million, the amount of a payout from Chubb, the state’s insurance provider for the Key Bridge.

“This is a unique legal matter and it is difficult to compare the fee schedule to that used in other litigation,” the attorney general’s office wrote in its proposals. “The fee schedule is favorable compared to the arrangements offered by other firms considered for this engagement.”

Building a new Key Bridge could cost up to $1.9 billion, according to estimates released earlier this month. President Joe Biden has pledged the federal government will pay to replace the bridge, and much of the legal wrangling over the collapse will center on recouping that money in the form of damages.

With insurance claims expected to top $1 billion, the bridge collapse could rival or top the maritime industry’s largest-ever financial loss.

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This story will be updated.



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