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Court Blocks Start For New Overtime Rules

Court Blocks Start For New Overtime Rules

On November 22, 2016, a judge in a U.S. District Court temporarily blocked the U.S. Department of Labor (DOL) overtime rules set to go into effect on December 1, 2016. In an article titled, “Court Blocks Dec. 1 Start For OT Rules”, Sushma Tripathi, ADP’s vice president for workforce planning and benefits consulting, advises companies to continue evaluating their employees’ status under the new rule despite the injunction. “The FSLA (Fair Labor Standards Act) is complex to begin with, so while the rule is delayed, employers should still continue to evaluate the status of their employees by reviewing their jobs’ duties and descriptions and making sure they have employees classified correctly,” said Tripathi. Head to The Record to read the whole story. Share this:Click to email (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Google+ (Opens in new window)Share on Facebook (Opens in new...

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Payroll: The Accountant’s Key to Unlocking Stronger Client Relationships

Payroll: The Accountant’s Key to Unlocking Stronger Client Relationships

By Chris Rush, Division Vice President of Strategy and Business Development for ADP’s Small Business Services Division To many clients or small business owners, payroll can seem like yet another piece of an already complicated puzzle. Recent changes to federal, state and local laws on overtime rules, minimum wage and paid sick leave have made this task even more complicated, increasing the risk of noncompliance fines for employers. As they adapt to regulatory changes and anticipate more in the future, small businesses are looking to their accountants to manage the payroll process. And that’s good news. In fact, according to a recent ADP white paper, 43 percent of accounting professionals indicate that payroll is one of the most profitable segments of their business. By adding payroll services to an existing suite of accounting options, accountants can meet the demand of clients who want to better understand their payroll and how they can streamline it. At the same time, payroll can open up new opportunities, allowing accountants to increase the...

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To Review or Not to Review. That is Not the Question.

To Review or Not to Review. That is Not the Question.

By Susan Hanold, VP of Talent Management and Strategic Advisory Services, and Sam Finley, VP of Talent Management Client Services, for ADP Certainly, Shakespeare’s Hamlet was contemplating a question far more dire than performance reviews. But the black-and-white nature of his question is still an apt way to depict the current debate in many corporations about the value, frequency and validity of the process used to rate, rank and reward employees. The issue, in our view, is not black and white. It’s most definitely grey. In fact, based on dozens of conversations with ADP® clients, we’d like to suggest that the question is not whether or not to review employees. (That’s an individual decision each company must make based on its unique corporate culture.) The question is: How will your organization revise its talent management strategy to accommodate the needs of today’s multi-faceted workforce? HR leaders are keen to identify a “better,” more effective way to conduct performance reviews while preserving an ability to cultivate and retain their best...

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The Clock Is Ticking… New Overtime Rules Are Almost Here

The Clock Is Ticking… New Overtime Rules Are Almost Here

New overtime rules are about to take effect on December 1. At this point in the game, most companies understand that the salary threshold for exempt workers has more than doubled to $47,476, and they’ve decided whether to reclassify employees as nonexempt, increase salaries of impacted employees, or redistribute work and redefine people’s roles. The biggest challenge remaining: Communicating the changes to employees. In an article titled, “New Overtime Rules Are Almost Here: Don’t Overlook These 6 Key Areas,” ADP’s Sushma Tripathi shared with SHRM six key areas that may be easy to overlook. Head to SHRM to read the whole story. Share this:Click to email (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Google+ (Opens in new window)Share on Facebook (Opens in new...

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Small Biz is Everybody’s Biz

Small Biz is Everybody’s Biz

All too often, we take local shops in our communities for granted and only realize their value when one day we notice they’ve closed their doors. Were it not for the dedication, passion and commitment of today’s small business owners and their families, the warm feel of downtown areas would be lost forever. Small businesses also create a significant number of job opportunities and boost the economy of their communities. Did you know that small business owners alone added more than 680,000 jobs to the U.S. economy so far this year, according to data from the ADP Research Institute®? In addition, the most recent report from the Small Business Administration published in June 2015 showed that small businesses with up to 49 employees contributed the most to job growth in 2014 by generating 39 percent of net new jobs. This compares to 34 percent by firms with 50-499 employees and 27 percent by firms with 500 or more workers. It takes long hours, tremendous commitment, and incredible tenacity to...

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