Two Pennsylvania business are finding that trying to save money by denying workers overtime pay can turn out to be very expensive.
Summer is approaching, and many companies are looking to welcome college students in as interns. But the Dept. of Labor (DOL) has a warning to those that are: If you misclassify interns, it’ll be costly.
The DOL’s new overtime rule will likely cause lots of currently exempt employees to begrudgingly begin punching a time clock. This may lead to two unintended consequences that could turn into big headaches for Finance.
Your Payroll staffers know that keeping up with garnishment laws can seem like a full-time job unto itself. State laws vary, and sometimes greatly, in how you should handle this aspect of employees’ pay.
Yes, moving towards a paperless payday is a noble goal. But tread very carefully if you’re using this particular strategy to do it.
Recently, it’s been the upcoming change to the FLSA’s overtime rules that’s gotten all the wage-related media attention.
Should Finance be in charge of the HR department? That’s one argument being made.
The President said companies are giving big bonuses to their workers because of the “Tax Cut Bill,” and the national media is offering a number of examples to back up this claim, but will the new law actually benefit most employees?
How stable is your Finance staff? Looks like there could be a lot of movement in the job market over the next several months.
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