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Companies Are Using This Sneaky Strategy To Avoid Paying Overtime

Allwork

Open-ended exemption tests for employees dictate that individuals working for salaries hardly above the national poverty line can be exempt from overtime payments so long as their employer can create responsibilities that sound administrative. The second test is the salary test, which states that an employee must meet a salary threshold.

Salary 257
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Court to Decide Fate of Overtime Pay Increase for Millions

Allwork

A coalition of prominent business groups has filed a lawsuit against the Biden administration’s new overtime pay regulation. The rule, set to take effect in 2024, extends mandatory overtime pay to an additional 4 million workers by raising the salary threshold for exemption to $58,600 annually.

2025 130
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How to Start a Nonprofit Organization In 5 Simple Steps

Success

Donors asked if they can deduct the cost of the donated items on their tax return, and a few people suggested you make your project legal by filing for nonprofit status. Will the secretary be able to keep track of the records and filings? Each state has different rules and regulations for filing.

Filing 162
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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

While the dust from the 2023 tax filing season has long since settled, if you are a freelance worker, independent contractor , or digital nomad, now isn’t the time to forget about your taxes. According to the Internal Revenue Service (IRS), “a sole proprietor is someone who owns an unincorporated business by himself or herself.”

Legal 261
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True Gender Equality Is Still 151 Years Away—Despite Recent Milestones

Success

18, 2019, NASA astronauts Jessica Meir and Christina Koch completed the 221st spacewalk in support of the International Space Station’s maintenance and assembly, and marked the first all-female spacewalk in history. women’s team has been far more successful on the international stage than the men’s team,” according to ESPN.

2020 279
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7 Strategies To Attract And Retain Top Talent

Allwork

Consider a study of managers in 20 Fortune 500 companies, which found men experiencing quicker career progress and getting better salaries. Another study examined more than 1,000 MBA graduates of the same university to assess their career progress and salaries. Tip 5: Be Transparent With Your Financial Situation .

Resume 335
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The six skills managers will need for the future of work

Workplace Insight

The digital tools we have at our disposal for team communication – e.g. instant messaging platforms, and tools for storing/sharing files, managing team objectives, creating visibility, and enabling asynchronous work – will certainly become instrumental as we embrace the future of work.

Skills 98