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Home / Archives for Overtime

Overtime

How the 2016 Overtime Rule Affects Small Businesses

Aug 25, 2016 By SmallBizClub

As a small business owner, your largest overhead component, 70% on average, is labor. You might have assumed that, within the bounds of things like the minimum wage, you’re essentially free as a small businessperson to negotiate whatever wage and salary with your employees that you’d like. There are, however, additional requirements that you must […]

Filed Under: Human Resources Tagged With: Employees, Expenses, Overtime, Regulations

5 Easy Payroll Steps for Your New Business

May 8, 2015 By SmallBizClub

Regardless of the type of business you have, effectively and correctly administering payroll is essential to day-to-day operations.

Filed Under: Operations Tagged With: Anica Oaks, Outsourcing, Overtime, Payroll

Are You Aware of All the Costs of a Franchise?

Feb 16, 2015 By Bill Bradley

Deciding which franchise business opportunities you should invest in requires a lot of research and serious thought. One of the most important areas of the research and decision making process is the financial arena.

Filed Under: Franchise Center Tagged With: Bill Bradley, Costs, Franchise Business, Marketing, Overtime, Taxes

12 Myths about Overtime Exemptions

Feb 12, 2014 By ADP

Under federal law, non-exempt employees are entitled to overtime pay. While exempt employees need not be paid overtime, they must meet very specific salary and duties criteria outlined in the Fair Labor Standard Act (FLSA). Understanding overtime requirements can be challenging and complying with the FLSA requires employees to be properly classified. In this Tip, we provide 12 of the most common myths concerning overtime and exemptions.

Filed Under: Human Resources Tagged With: ADP, Employees, Human Resources, Mistakes, Overtime, Payroll, Policies, Regulations

The Real Cost of Overtime

Jan 24, 2014 By Ruth King

Whether you pay hourly or by salary, overtime is expensive and often not worth the expense. In most cases your employees should be able to complete their work in the 40 regular hours each week.

Filed Under: Human Resources Tagged With: Employees, Expenses, Financial Management, Overtime, Ruth King, Saving Money

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