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Posts Tagged ‘Overtime Hours Rules’

Overtime Changes – What’s it Mean for Employers?

In early March, the Department of Labor (DOL) Wage & Hour Division issued some proposed changes to the overtime rules. These rules have been relied upon by the payroll industry for several years to determine who can be a salary, exempt employee and who should be paid overtime wages. Back in 2016, the Obama administration […]

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Got Gaps in Dynamics GP Payroll? Here’s How to Fix Them

Right out-of-the-box, Microsoft Dynamics GP Payroll offers powerful features and functionality. However, not all businesses have simple payroll processes. Over time, you may experience gaps in Dynamics GP Payroll—and we know how you can fix them. Simple Problems Can Have Simple Fixes When it comes to payroll, simple mistakes don’t often have simple fixes. Even […]

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Overtime Pay Isn’t a Blanket Calculation

Many businesses utilize an overtime pay program, whereby employees are paid at a different rate for extra hours worked. While overtime pay is mandatory in many situations, overtime pay isn’t a blanket calculation. How it’s applied can vary by region. The state of California, for example, has a unique overtime requirement. While overtime pay is […]

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Dynamics GP Payroll Getting Too Complicated?

Payroll accounting and payroll processing are complicated. Even with close oversight and great accounting software, it can be tough to be efficient and accurate. Payroll Tool #1: Employee Accounts and Splits In today’s workplace, employees are more flexible than ever. They’re not restricted to staying within the confines of one department or a single project, […]

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Control Overtime and Protect Your Bottom Line

Sometimes overtime is a necessary part of the job. Delivering products or services to customers in a timely manner is important. Unhappy customers can present big problems; however, overtime can also get costly. Take a proactive step to control overtime by managing it automatically during the payroll process. Taking steps now can protect your bottom […]

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Even Strong Financial Management Systems Have Weaknesses

Savvy businesses of all types and sizes often rely on modern enterprise resource planning (ERP) solutions to manage key operations from across their organization. Microsoft Dynamics GP is comprehensive and powerful in many ways, and offers payroll functionality. It’s actually the only Dynamics ERP solution to do so! However, businesses may have unique payroll processes […]

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How to Control Costs with New Overtime Regulations

The Federal Department of Labor (DOL) has finalized changes to the overtime regulations, extending the salary requirement required for exemption from overtime to $47,476. The final rule is scheduled to take effect on December 1, 2016, so businesses have just a few months to prepare for these changes. Technology can support your efforts to manage […]

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Businesses Need to Focus on Overtime Rule Legislation

Human resources departments have been spending time getting ready for Affordable Care Act (ACA) compliance and must now also turn their attention to another important pending legislation – overtime rules. The US Department of Labor (DOL) released new rules last year that would impact provisions of the Fair Labor Standards Act (FLSA) and extend eligibility […]

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New Overtime Rules – How to Safeguard Your Budget

Overtime pay. Employees love it, but it can wreak havoc with your budget. The Department of Labor (DOL), using the Fair Labor Standards Act (FLSA), has been deliberating about whether to extend the eligibility for overtime pay to more employees. The standard rate for overtime has traditionally been time-and-a-half for full-time employees who are eligible. […]

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The Lonely, Complex Job of the Compliance Officer

Compliance Officers are focused on the seemingly mundane record-keeping details and complicated reporting associated with various regulatory agencies.  It’s often a thankless and lonely job that requires a keen attention to detail as well as a generous amount of patience.  Often unknown to most colleagues, Compliance Officers can be the thin line that protects businesses […]

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