Tag Archives: payroll

Competing for Workers: Pay More? Or Pay More Frequently?

Unemployment rates are at historic lows and the economy is booming! That’s good news for business, right? Yes…and no. While low unemployment creates more demand for the goods and services offered by companies, it also means that employers will have to compete for an ever-shrinking pool of workers. This leaves employers with two options: offer … Continue Reading

NEW OVERTIME RULE DOUBLING MINIMUM SALARY REQUIREMENT EFFECTIVE DECEMBER 1

Well, finally. This morning, the U.S. Department of Labor (DOL) issued its final rule, about two years and two months after President Obama directed the Department to update, streamline and modernize overtime regulations under the Fair Labor Standards Act (FLSA). The Department estimates that the compensation of more than four million workers will be impacted by … Continue Reading

Employers Take a Hit to the Wallet with the Minimum Wage Increase

Florida’s minimum wage has increased to $7.31 per hour.  The direct wage for tipped employees increased to $4.29 per hour.  The six-cent increase is the result of a successful lawsuit brought by a group of Florida workers against the government claiming that it miscalculated the state minimum wage under the state constitution. While 6 cents … Continue Reading
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