New Overtime Rules and how it affects Entrepreneurs

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The final overtime rules were now published by the Federal Department of Labor. First of all, for an average employee, three minimum requirements have to be met for overtime exemption under the white collar jobs. Minimum salary. The DOL has … Continued

Paying Employees: Hourly Wage or a Salary?

  The Fair Labor Standards Act of 1938 with its regulations gave stated and defined minimum wages, rules concerning working hours and identifying nonexempt and exempt employees for the overtime pay. Overtime is one of the most crucial considerations to … Continued

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