Nov. 16, 2016

Friendly Reminder: New Overtime Rules Take Effect December 1

By Catalina M. Avalos

Catalina M. Avalos & Megan L. Janes

If you are not paying your administrative, professional, or executive employees at least $913 per week (the equivalent of $47,476 per year), you may have to pay those employees overtime if they work more than forty hours per week, effective December 1, 2016. Why? The Department of Labor is increasing the minimum salary threshold for the overtime exemption for such employees from the current requirement of at least $455 per week.

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Evening of Wine & Cheese

A private reception
Tuesday, February 26, 2019 
5:30 p.m. – 7:30 p.m. 
Timpano’s Italian Chophouse 

The Change in LIBOR—Prepare Now as It Will Affect You and Your Business

The Change in LIBOR—Prepare Now as It Will Affect You and Your Business

The London Interbank Offered Rate (LIBOR), sometimes called “the world’s most important number,” is being completely phased out by 2021. Even with this much advance notice, every business and those professionals who advise businesses need to begin preparation now.

 

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