Tom Peters aptly quoted “Do what you do best, outsource the rest”. Outsourcing is meant as a delegation of non-core operations or jobs from internal production within the business […]
Outsourcing refers to the practice in which the company usually delegates it’s in-house functions to the outsourced company so that the parent firm is free to focus on the core aspects of the business. However, outsourcing in today’s era has got maximum popularity. It is today seen as an effective tool to boost growth and stimulate productivity, particularly when the experienced staff is very hard, difficult and pretty expensive to hire.
Overtime Pay Threshold For Salaried Employees Will More than Double on December 1 – Is Your Business Ready?
The United States Department of Labor (“USDOL”) will raise its white-collar exemption threshold for overtime pay for salaried employees to $47,000 on December 1, 2016. The Fair […]
Here are three options: (1) raise your employees’ salaries to at least $47,476 per year; (2) prepare to pay overtime wages; or (3) engage Employee Pooling (“EP”)at […]
Beginning December 1, the USDOL will require that any full-time salaried employee making pre-tax earnings of less than $47,476 a year($913 per week)eligible for overtime pay. The […]