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From the Pros at the HR Support Center 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....
by Leora Kirk, KMA Consultant Beginning July 1, 2019, the minimum wage in Portland, Maine, will increase to $11.11 per hour which exceeds the state of Maine minimum wage of $11.00 per hour. The direct wage owed to tipped workers must be at least $5.50 per hour....
Remember a few years ago when we had a new overtime rule that was halted at the 11th hour? Get ready for round two, only this time at a lower salary rate. The U.S. Department of Labor (DOL) has announced a Notice of Proposed Rulemaking (NPRM) and this new proposal...
Equal pay laws on both the federal and state level have been around for some time, starting with the Federal Equal Pay Act of 1963. In the past few years, we have seen a renewed focus on this area to close the pay gap on the basis of gender or ethnicity. While efforts...
For most employers, wages are a major expense item, so their approach to compensation can dramatically impact the bottom line. An effective compensation strategy can reward behaviors that drive success and improve employee engagement, recruitment, and retention. This...
Guest Blog by Verrill Dana Employee Benefits and Executive Compensation Group The attorneys in Verrill Dana’s Employee Benefits and Executive Compensation Group have a wide range of experience in all aspects of law governing employee benefit plans and executive...