Human Resources

Rules & Regulations for Paying Salaried Employees

Paying members of your small-business workforce as salaried employees may be easy for you and empowering for them, but in doing so, you must comply with the rules and regulations of the labor laws. The Fair Labor Standards Act guidelines do not apply to salary basis employees who are exempt. If your business classifies any of its employees as salaried nonexempt, the FLSA covers them as it would any other nonexempt employees.

How Much Does An Employee Cost?

Employment costs fall into several broad categories:

Recruiting Expenses

Finding technically qualified people who can function effectively in a rapidly growing startup venture is not easy task.  In an earlier column we discussed the economic alternatives for head hunting.  For this column it suffices for me to remind you to be sure to devote the time to make sure that your hires are as close to perfect “10s” as possible.  Anything less will be a drag on your business.

Basic Salary

Why HR Managers Can’t Say Because I Said So

Bully

Most of us have heard – or said – MOMisms and DADisms like “Because I said so!”, “Don't ask me WHY. The answer is NO.” and “Enough is enough!” And while parents may effectively get away with such terms, HR managers cannot. You will hear retorts like “You’re not the boss of me”, “Stop harassing me”, and “You’ll be hearing from my lawyer”, if you don’t consider your explanations more carefully.

MI Chamber Champions Repeal of "HICA Tax"

The Michigan Chamber on June 8 issued the following statement in response to nearly unanimous passage of legislation championed by the Michigan Chamber to repeal Michigan’s unique and uncompetitive Health Insurance Claims Assessment, or “HICA Tax” (Senate Bills 987-990). The HICA Tax is a 0.75 percent tax on paid health insurance claims.  It is paid by individuals and businesses alike and has added nearly $1 billion to the cost of health insurance since its enactment in 2011.