News & Articles

Win the Salary Game

Posted on Wed, Sep 13, 2017

Salaries are a tough expense for most businesses. You want to hold them down but reining them in too tightly doesn't always work well. Good employees can often go elsewhere and replacing them can cost your company a bundle.

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Tags: Employers, Salary

Are You Ready for the New Overtime Rules?

Posted on Thu, Sep 08, 2016
The deadline for the Department of Labor's (DOL's) new final overtime rule is December 1, 2016. While CFOs at most large U.S. companies have been working overtime themselves to prepare for the changes, many small and midsize firms haven't been as quick to react.

Current Overtime Rule

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Tags: FLSA, DOL, Overtime, Salary

Save Taxes with Employer-Provided Transportation Fringe Benefits

Posted on Wed, Jul 06, 2016

The Internal Revenue Code allows some worthwhile tax breaks for transportation-related employee fringe benefits. They're intended to persuade you to give up your gas-guzzling vehicle when commuting to work and instead "go green." If your employer offers these tax-favored benefits, you should consider signing up. Here are the specifics.

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Tags: Employer-provided, Tax-free Income, fringe benefit, Salary

Executive Compensation: How Much is Too Much?

Posted on Wed, Jun 15, 2016

With the SEC requiring greater transparency with regard to executive compensation, many organizations -- not just public corporations that are bound by SEC disclosure rules -- have begun to rethink

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Tags: SEC, Employee Compensation, Executive, Salary

New Overtime Rules Issued: What it Means for You

Posted on Fri, May 27, 2016

A change in the rules governing overtime has been coming for two years, with a sneak preview of proposed modifications last year. But on May 18, the Department of Labor (DOL) came out with its new final rules, which take effect on December 1, 2016. The rules will significantly raise the salary level used to determine whether employees are eligible for overtime and will affect more than 4 million salaried employees, according to the DOL.

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Tags: Employers, Fair Labor Standards Act, Overtime, Salary

Updated FLSA Minimum Wage and Overtime Standards for White Collar Workers

Posted on Fri, May 20, 2016

On May 18, 2016, the Department of Labor (DOL) Wage and Hour Division published their final rule regarding overtime regulations. These update the so-called “white collar” exemptions in the Fair Labor Standards Act (FLSA) and automatically extend overtime pay protections to over 4 million workers. Employees who meet the duties and salary requirements set forth are exempt from both the minimum wage and overtime provisions of the FLSA. The new regulations will take effect on December 1, 2016.

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Tags: FLSA, DOL, Highly Compensated Employee, Overtime, Salary, Final Rule