Springtime evokes welcome associations of fresh air and balmy temperatures. We look forward to the bright sun shining through the windows and dream of days in the garden or on the golf course. It’s also an opportunity to tidy up and make a fresh start around the house. Have you ever considered the value of …
Changes to Minnesota LLCs in 2018
New Year’s resolutions are often about personal health. If you own a limited liability company, 2018 presents an opportunity to add a resolution related to the health of your business. That’s because big changes are in store for Minnesota LLCs in the coming year. Back in 2015, Minnesota adopted a new LLC act, which is …
Reduce Your Risk of a Data Breach
The recent security breach suffered by Equifax is a good reminder of the importance of data security. This article provides some tips for smaller businesses to have effective policies to help secure data, and how to plan for the legal issues that come from a data breach. Big hacks like Equifax’s receive a great deal …
Uncertainty in Overtime Requirements
Employers face great uncertainty with respect to payment of overtime right now. New regulations from the U. S. Department of Labor were to raise the salary requirement for exempt employees to $47,476 on December 1, 2016. However, a federal district court judge in Texas imposed a nationwide injunction halting implementation of the new regulations. We …
NEW SALARY REQUIREMENT FOR EXEMPT EMPLOYEES
Employers should be aware of a massive change to the Fair Labor Standards Act (“FLSA”). Everyone generally understands that exempt employees are paid an annual salary with no overtime for hours worked over 40 in a week, and non-exempt employees are paid an hourly wage or salary, but are entitled to overtime at 1 ½ …
New Salary Requirement for Exempt Employees
Employers should be aware of a massive change to the Fair Labor Standards Act (“FLSA”). Everyone generally understands that exempt employees are paid an annual salary with no overtime for hours worked over 40 in a week, and non-exempt employees are paid an hourly wage or salary, but are entitled to overtime at 1 ½ …
