Handling Paycheck ‘Advance’ Requests

Handling Paycheck ‘Advance’ Requests

Q:  I’m a small business owner, and every so often one of my employees will ask for an “advance” on their paycheck.  Usually it’s one or two hundred dollars.  On the next paycheck, we usually don’t take out the whole amount but spread it out over the next few pay...
Expected Raise Was Withdrawn- Now What?

Expected Raise Was Withdrawn- Now What?

Q:  I am a salaried worker that was offered a contract to bring me up in compliance with the new overtime rule which meant a raise of a few thousand dollars.  That was great but before all the signatures could be finalized, national news broke that the new overtime...
Can I Pay Overtime with “Comp Time”?

Can I Pay Overtime with “Comp Time”?

Q:  I manage hourly employees and I heard I could give them comp time instead of overtime pay.  Is this legal? A:  Not if you work in the private sector.  The Dept of Labor has made it clear that “comp time” –defined as “compensating later with time-off” in lieu...
Softening the News:  From Salaried to Hourly

Softening the News: From Salaried to Hourly

Q:  I’ve familiar with the new Overtime Rule that goes into effect Dec 1, and because I won’t be able to raise my administrative assistant’s salary to $47,476 in order for her to remain exempt from overtime, I have no choice but to reclassify her position as hourly....
How Will New Overtime Rule Affect You? Part 2

How Will New Overtime Rule Affect You? Part 2

Last week, I responded to a reader who wanted to know how the new overtime rules would affect him.  He manages a small staff in a small company and even though he works an average of 50 hours/week he’s exempt from overtime. His salary is $37,000.  According to the...