New Overtime Rules and the Fluctuating Work Week

The Fluctuating Work Week for salary employees is one of the options being considered as businesses work on understanding the new Over Time Rules for salary employees and adjustments to accommodate compliance. The Labor Dept. does allow for use of the Fluctuating Work Week to pay salary employees, but there are some important requirements that [...]

By | May 31st, 2016|News|Comments Off on New Overtime Rules and the Fluctuating Work Week

Your Company May Qualify for Payroll Tax Research Credit 

Beginning 2016, employers with gross receipts of less than $5 million a year may be eligible for a payroll tax credit for qualified research expenses. The credit of up to $250,000 can be applied towards the company's Social Security tax liability for the year. This is a result of the Consolidated Appropriations Act signed Dec. [...]

By | May 23rd, 2016|News|Comments Off on Your Company May Qualify for Payroll Tax Research Credit 

Labor Dept Releases New Overtime Rules

The Labor Department finally announced their long anticipated final determination and implementation date of the new salary threshold for salary non-exempt employees who are subject to overtime pay. Beginning Dec. 1, 2016, all non-exempt salary employees who earn less than $47,476/yr, or $913/wk, will be subject to overtime pay. It essentially doubles the current salary threshold rate [...]

By | May 19th, 2016|News|Comments Off on Labor Dept Releases New Overtime Rules

Time & Pay to Offer Overtime Rules Seminar

Time & Pay, working with our HR consulting partner SESCO, is pleased to announce a second free educational tele-seminar on the new overtime rules soon to be implemented by the Dept of Labor. New Overtime Rule Affects Salary Employees As a recent Advi$or noted, the Labor Dept. announced that they are getting ready to implement the [...]

By | May 13th, 2016|News|Comments Off on Time & Pay to Offer Overtime Rules Seminar

Work Opportunity Tax Credit Can Save Your Business Money!

It is now Easy to Save Your Company Thousands of Dollars with the Work Opportunity Tax Credit! Time & Pay's PayEntry Applicant Tracking and On-Boarding system now provides your business with the capability to easily take advantage of the thousands of dollars available with the Work Opportunity Tax Credit. While many employers are familiar with WOTC, many do [...]

By | May 5th, 2016|News|Comments Off on Work Opportunity Tax Credit Can Save Your Business Money!