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The Timesheets Small Business Blog Posts

Breach of Contract and Morale Issues Threaten Businesses After Injunction

Employees looking sad in a crisis

Changing the overtime threshold was never going to be easy but pausing the rule complicates things in a big way. Do employers undo what was already done – take back their promises of a salary increase or eligibility for overtime? How will employees deal with the news? What does the law allow?

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Judge Issues Injunction Against the New Overtime Rule

The new overtime rule employers have begrudgingly prepared for and employees have eagerly awaited over the last several months received a nationwide injunction by a Texas judge, Tuesday.

This news comes only 10 days before the DOL’s new rule was scheduled to go into effect and after many businesses had already started preparing for it.

The rule was challenged by 21 states and over 50 business groups and, while a federal judge in Texas reviews the potential impact of president Obama’s overtime rule, the deadline is on hold. With the Trump administration taking over the DOL in January and a republican held congress, it’s conceivable that rule will undergo some changes, but what those might be is anyone’s guess.

For now, businesses are advised to continue to make plans, assuming some kind of change to the overtime threshold will take place.

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Business Math: Calculate Discounts & Sale Price

Sale: Percent off price

Calculating the sale price of an item is one of the few math problems that most people will actually use after high school. Nevertheless, many of us don’t know how to do it. Not knowing what the price will be at checkout is frustrating. And not knowing how to help customers is even more frustrating. Thankfully, there are some tricks to make it easier.

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Employee and Manager Timesheet Notifications

Looking at Notifications on her mobile You can set up automated mobile and email notifications with Timesheets.com so that you get a text or email when certain things happen with your workforce.

For example, some managers want to know when employees come and go. We’ll let you know about this. We’ll also let you know when payroll is approaching so your don’t forget to pay your employees on time, and many other important events.

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New Hourly Employees Should Start Tracking Time Now

businessman running on clockThousands of businesses will potentially be switching millions of employees from salary to hourly status in response to the new overtime rule. While companies must be compliant by December, getting started now is a good idea because the process is not as simple as flipping a switch. New hourly rates need to be figured out, companies need to decide on an approach to time tracking for these new workers, and employees need to be trained.

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The Free in Freelance Doesn’t Mean Gratis

Frustrated freelancerIf you are a small business owner, you’ve probably hired a freelancer by now for something. Participating in the gig economy is nearly unavoidable at this point since so many workers have transitioned to working independently. According to research done by Freelancers Union & Elance-oDesk, there were 53 million Americans or 34 percent of the US workforce that worked as freelancers in 2014.

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