Don’t mistake the current surge toward elevating minimum wages as the big issue for business and the greatest impact on the economy. It’s pennies compared to the new rules that legally exempt employees from wage and hour rules.
Most salaried employees are improperly classified. Seriously, check the rules, if you’re salaried. Do you really qualify? Are your competitors following the rules? How about your customers if you’re selling B2B?
Employers get away with simply designating workers as salaried, working them long hours and ignoring the rules. This happens in all sorts of manufacturing and service industries where the pay is well above minimum wage.
If the new rules ever get enforced, payroll costs will balloon overnight; and it will extend way beyond the food service and hospitality industries.
It will be a real game changer and ripple way beyond payroll numbers. It will impact costs for every industry at every level.
It’s coming almost silently. Not much news coverage. No protestors picketing Starbucks or Burger King claiming racial, ethnic or gender victim status. Oh, and it’s not new law but altered regulations.
If you’re running a company, do a quick calculation. Add ten to twenty-five percent to your payroll costs. How’s the bottom line look now?
Maybe it will level the playing field? Those who’ve followed the law all along won’t be so easily undercut by the competition. I sure hope so.
O grupo ABB, líder mundial de tecnologias de energia e automação, anunciou hoje uma parceria com a empresa GlobaLogix para o fornecimento de uma nova solução SCADA disponibilizada como Software-as-a-Service (SaaS) e baseada no produto SCADAvantage da ABB. A parceria tem como objectivo oferecer um serviço SCADA robusto e aberto que permita reduzir não só[…..]
Cyber protection in midstream oil & gas, SCADA seems like too esoteric to engage interest of industry outsiders. However, if the spill, explosion or gaseous release are big enough – that focus will change. SCADA is the system of sensors that measure and control the flows of natural gas and crude oil produced in thousands of[…..]
On the one hand we all agree that the one ingredient for a successful candidate is fit. Does this person fit inside our culture? Can they do business our way? Can they represent us? Can they get along with all our folks? So what do we do? We scan resumes in a flimsy attempt to[…..]
Without exception, projects in any company will touch multiple stakeholders, departments and individuals. The changes required will invariably touch operations, engineering and procurement, just to name the basics. Projects make and break budgets. They also make and break careers. Getting a project done requires leadership that does not care about social standing within the organization.[…..]
Can we quit the obnoxious and meaningless characterization of desired results masquerading as an action plan? Think about how often a leader, when asked for plan details, replies with some description of a favorable outcome without ever describing how that might come about. If you can’t remember one, just google about any political press conference.[…..]