article thumbnail

Steps to take ahead of possible DOL change in exempt salary qualifications

BMT Office Administration

The Department of Labor may soon release proposed regulations raising the salary employees must earn to remain exempt from the Fair Labor Standards Act. The current weekly salary is $684 a week or $35,568 a year. Why: Final regulations issued in 2016 almost doubled the salary threshold and were thrown out by a federal court.

Salary 52
article thumbnail

How One Entrepreneur Capitalized on a Niche Singles Market: Jewish People on Christmas Eve

Success

He and a friend thought up a name: the Matzoball ® , in reference to the starchy ball in the center of the traditional Jewish comfort soup. I ended up making more than my annual salary for the night and quitting my job right after the event. He hosted the event at the Boston nightclub where he bartended in college.

2016 259
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Advancing Women in Tech: Executive Nancy Wang’s Forward-Thinking Nonprofit

Success

She also founded, in 2016, a nonprofit membership organization , Advancing Women in Tech, which “accelerates careers and addresses diversity gaps in leadership.” And before your career, growing up, did you have a sense of gender equality? My entire family—my dad, mom, sister and myself—all lived on a salary of less than $20,000 a year.

2016 255
article thumbnail

Tasty Tidbits: Professional Development News & Views (Nov. 18, 2016)

Eat Your Career

It starts in January and the application deadline is coming up! It asks for your job title, employer, current salary and years of relevant work experience. It might be an interesting tool for salary negotiations. 18, 2016) appeared first on Eat Your Career. I’m intrigued and you may be too.

2016 113
article thumbnail

Tasty Tidbits: Professional Development News & Views (Nov. 18, 2016)

Eat Your Career

It starts in January and the application deadline is coming up! It asks for your job title, employer, current salary and years of relevant work experience. It might be an interesting tool for salary negotiations. 18, 2016) appeared first on Eat Your Career. I’m intrigued and you may be too.

2016 100
article thumbnail

3 Common Money Myths Debunked

Success

When these false notions shape our day-to-day financial decision-making, we end up in a world where around half of Americans are living paycheck to paycheck. TRY THIS: The app Acorns rounds up each of your purchases and invests the spare change. It’s OK to settle for a starter salary. Investing is too risky.

article thumbnail

How to Ask for More Money (and Get It)

Success

I won’t say those factors have no influence, but they’re neither limitations nor absolutes in dictating your salary. Teenage millionaire founders, college dropouts with six-figure salaries and company newcomers who bypass the corporate ladder and leap to leadership positions are all evidence of that. It was for me.