May 16, 2017 | GTM Business Blog isolved
Employee turnover is expensive—more so than you might think. According to a recent survey by the Society for Human Resource Management, the average cost-per-hire is $4,129. However, the real costs of employee turnover can vary depending on the length of time it takes...
May 8, 2017 | GTM Business Blog isolved
Along with recently passing a new health care bill, the House also passed the Working Families Flexibility Act. The Act would amend the Fair Labor Standards Act to allow employees who work more than 40 hours in a workweek to choose between overtime vs. comp time pay...
May 1, 2017 | GTM Business Blog isolved
As you may know, the federal overtime provisions contained in the Fair Labor Standards Act (FLSA) require that non-exempt employees covered by the Act must receive overtime pay for hours worked over 40 in a week at a rate of at least time and one-half their regular...
Feb 20, 2017 | GTM Business Blog isolved
The New York State Department of Labor’s (NYSDOL) new regulations on paying employees via debit cards or direct deposit were set to take effect on March 7, 2017. Last week, the New York Industrial Board of Appeals (NYIBA) revoked those regulations, explaining...
Jan 31, 2017 | GTM Business Blog isolved
Q: I have an exempt employee who only worked one day this week, but claims he needs to be paid for the whole week. Is that right? A: Under the Fair Labor Standards Act (FLSA), most exempt employees need to be paid their regular salary each pay period, regardless of...
Dec 28, 2016 | GTM Business Blog isolved
On December 28, 2016, the proposed overtime exemption rule for employers in New York State was published by the New York Department of Labor, with the new rule taking effect on December 31, 2016. The following salary levels will now become the threshold for the...