When you operate a business, there are many regulations that you must follow. Both federal and state governments regulate what businesses need to do to stay in compliance. In this article, we will review what is required of a Maine employer. Federal requirements of employers Before we dive into Maine
As a business owner, HR director or office manager, you are bound to get asked question after question about your company’s policies and payroll practices. Continue reading to learn the important questions an employee will ask you and how you can answer them. What is the difference between gross and
For many businesses, overtime is often a necessity. While there are certain strategies that your business can explore to reduce the amount of overtime you are paying, sometimes there is no way around it. Generally, overtime pay is an easy number to calculate. However, overtime calculations are not as straightforward
When hiring employees for your business, you may choose to classify them as either an exempt employee or a non-exempt employee. Knowing the difference between exempt and non-exempt employees is crucial for your business to stay compliant. Classifying your employees correctly or incorrectly could have a massive impact on your
The Department of Labor has announced the new minimum salary for certain exempt white collar employees. The final rule is very close to the proposed rule we reported on in March. The new minimums will take effect January 1, 2020.