Prescott Area Young Professionals (PAYP) has teamed up again with Meals on Wheels to bring you the 5th Annual Golf Tournament. All proceeds to benefit Prescott Meals on Wheels! Scroll down to register online be sure to include your team name and the names of everyone in your party.
Information & Sponsorships contact Neal Sneller at 928-445-2000 ext.116
All the world’s a stage – your stage! Learn from an inspiring theatre and arts-marketing expert what every business leader should know about loyalty and customer engagement in a presentation that pulls back the curtain on the practice of professional audience-making. Your customers are the audience and you are the author of their journey – from attention, commitment and anticipation to arrival, experience and encore.
How you pay your employees overtime will change dramatically this December because of a new Department of Labor ruling that goes into effect Dec. 1. To help people understand and prepare for the changes, the area chambers of commerce hosted a free, one-hour workshop on Wednesday, July 6. Local CPA’s from Schutte & Hilgendorf, PLLC explained the primary components of the new ruling and answer your questions. What’s all the fuss about? The current threshold for employees to be eligible for overtime pay is currently $455 per week, or $23,660 annually for a full-time employee. Exempt employees over these amounts don’t currently receive overtime pay. Under the new ruling, that threshold now becomes $913 per week or $47,476 annually. That amount also has an automatic adjustment every three years. What does this mean for the business owner or manager? If you want to keep your $40,000 employee exempt, you could change the pay rate from $40,000 to $47,476 or more, but that may be more than what you budgeted. Another option is to pay that employee at an equivalent hourly rate and have the employee manage his/her time to stay within the forty hours each week. Or, pay your salaried, nonexempt employee their salary, but calculate any overtime at the equivalent hourly rate.
Click here to link to the Department of Labor’s fact sheets. These can be very helpful if you have questions about a particular industry or type of employee.