Learning Management Systems, (LMSs) are a great way to collect and organize professional development activities across your company. Let’s face it, there are so many people needing such a wide variety of training that doing it all by hand, without a centralized system, would be nigh upon impossible. It would surely be both more expensive and […]
Despite all the “turmoil” that is going on over at the U.S. Department of Labor (DOL), the work is still continuing. The DOL has issued three new opinion letters that address compliance issues related to the Fair Labor Standards Act (FLSA) and the Family and Medical Leave Act (FMLA). An opinion letter is an official, written opinion […]
Ideas for addressing your labor shortageAs the economists talk about when the next recession will arrive, or when the stock market will really fall, or when the yield curve inversion will really tell us something, one thing remains clear and present as it has been for several years: the labor market is really tight. Unemployment […]
Let’s face it, training for both accounting and corporate finance professionals is tough and expensive, and most companies don’t do a good job of it. Why? Well, we can start with the fact that most companies simply have the wrong tools in place. Most companies have very few good options for their Finance and Accounting […]
Is It Worth It?That’s the question every finance, accounting and L&D leader must ask themselves, and too few do it with real numbers. In our recent whitepaper, entitled, “The (fairly) Simple ROI of Professional Development for Finance and Accounting” we lay out the case for professional development in corporate finance and accounting organizations in a […]
About Knitting and Systems EvolutionAlert: This is not a techie post about bits and bytes. It’s about making good decisions when your internal growth requires support from outside your company in an area that is not your area of expertise. And it’s from an actual case history, although the end to the story is yet […]
The U.S. Department of Labor (DOL) has announced a proposed rule for tip provisions of the Fair Labor Standards Act (FLSA). The proposed rule would implement provisions of the Consolidated Appropriations Act of 2018 (CAA). The proposal would also codify existing Wage and Hour Division (WHD) guidance into a rule. According to the announcement: The […]
Disaster occurs without warning. Your employees may be affected by wildfires, earthquakes, hurricanes, ice storms and/or tornados. When a disaster occurs, personal lives can be upended. Loss of homes and property is a common occurrence when a disaster strikes. And employers may want to help their individual employees recover. But what if an employer gives […]
Knowing the wage and hour laws and applying them is one of the basic tasks of employers in general and the payroll department in specific. But if payroll must apply the laws then the question must arise—what are the laws, and which one applies? Payroll chat rooms, blogs and classrooms constantly discuss this question. How […]
I discussed the complexities of compliance with wage and hour laws in a previous post. Which apply…federal or state? What areas are covered? When these questions do arise, where do you find the answers? Can a payroll professional simply check the Fair Labor Standards Act (FLSA) to find the answer with a quick verification of any […]
