BMT Office Administration
APRIL 7, 2023
The Department of Labor may soon release proposed regulations raising the salary employees must earn to remain exempt from the Fair Labor Standards Act. The current weekly salary is $684 a week or $35,568 a year. Why: Final regulations issued in 2016 almost doubled the salary threshold and were thrown out by a federal court.
BMT Office Administration
JANUARY 11, 2023
Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. Proposed regulations covering white-collar employees were included in the Department of Labor’s spring 2022 semiannual regulatory agenda. We wish we had a crystal ball, but we don’t. Final e-filing regs.
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BMT Office Administration
SEPTEMBER 15, 2023
Proposed regulations raising the salary employees must earn to be exempt from overtime were published in last Friday’s Federal Register. You need to use this time wisely to determine the impact final regulations may have on your payroll by auditing your employees and your pay policies. You have until Nov. 7 to comment.
Bonnie Low-Krayman
JANUARY 10, 2024
Quiet Hiring is about filling open positions with the staff who are already on the payroll rather than hiring from outside the company. She offered a proposal for a revised onboarding plan to the HR team, including the fact that she would be the project leader with a revised salary to go along with the plan. Quiet Hiring.
Allwork
JANUARY 18, 2023
The Federal Trade Commission (FTC) has announced a proposal that would ban noncompete clauses, which are contracts that can prohibit employees at a company from job jumping within their career field, trading company insights, and more. . Coca-Cola’s secret formula might be at risk. Loss of Intellectual Property and Proprietary Information .
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