"Wage theft" can be costly and tarnish a company's reputation. Understanding the laws regarding wage/hour violations is a necessity for companies today.
While the issue of whether employees are properly classified as exempt is always an issue that could potentially arise, exempt status is more likely to be called into question if and when the Department of Labor (DOL) goes forward with a proposed increase in the salary amount required to qualify as exempt. It has been reported that such a proposed rule could be issued in early 2019.
Similarly, we’ve heard from all corners of the industry that we have a “workforce crisis” upon us as the aging baby boomers who staff this industry retire and no one is left to fill the jobs they leave. We are apparently helpless in the face of this looming crisis. What is a good business operator to do?
NAM noted RGF’s rapid growth, and in particular, its use of tax reform savings to reward employees, expand its facilities, and make capital investments. This follows President Donald Trump’s invitation to the White House and Gov. Rick Scott’s visit to the 33-year-old company earlier this year.
Over the past several years, we have seen nationwide efforts, often precipitated by unions, to increase the minimum wage at the local level to $15 as a means of addressing economic inequality. The movement, called the "Fight for $15," has seen some success in several states as well as in numerous cities.
ACCA has published the results of its 2016 Contractor Compensation and Benefits Survey. The survey was conducted in June and contractors were asked to provide information for calendar year 2015.