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Business owner beware: FLSA compliance and personal liability

Insperity

The nuances between what legally constitutes a person and an employer aren’t always clear-cut when it comes to FLSA compliance. Outside sales can also be an exempt position. Generally, offering comp (compensatory) time in lieu of paying overtime is not legal for private employers. Staying compliant.

Legal 203
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Workplace and property firms must wake up to the new era of networked businesses

Workplace Insight

In terms of the office workplace, banks were permitted to become JSCs in the 1830s; the first being the London and Westminster Bank, in 1834. So, companies existed to share risk and reward and to legally protect shareholders. It evolved from a “society of island communities into a homogenous national community”.

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Can employee ownership improve capitalism?

Work Life

One set of systems stacked against employee share ownership has been the small and closely held business support systems—banks, accountants, lawyers, and advisors that serve closely held businesses. Indeed, many retiring business owners will not even consider this option, as none of their advisors are likely to mention it.

Finance 98
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10 Effective Data Theft Prevention Tips to Protect Your Information

Launch Work Places

With stolen data, bad actors can financially ruin companies or individuals by accessing bank accounts or credit cards. There are many other consequences of data theft, too: Legal ramifications: If an organization is found to have mishandled data that led to theft, there can be legal consequences.

Banking 59
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Planning to Start Your Digital Nomad Journey? Use This Checklist Before You Go

Success

Do your own research and even consult a professional regarding rules about passports, visas, health insurance, taxes and other legal requirements. Organize a garage sale and/or list items on Craigslist, Ebay and Facebook Marketplace. Get a virtual mailbox and an international legal assistance plan,” Jernigan suggests.

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employee wants more praise but he’s not doing a good job, nosy coworker, and more

Ask a Manager

My nosy coworker is too interested in my house sale. This past Monday, a coworker who I do not have regular interactions or meaningful conversation with came to me saying, “I recognized your address and see your house is for sale!” My job paid me in “banked time off” rather than money. Is this legal on their end?

Banking 44
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101 tech tools for business owners.

Ruby

Consider all the effort it takes to court customers, build your network, optimize your online presence, hire new staff, launch marketing and sales campaigns… The list goes on. SBA SCORE Funding From banks to venture capitalists, there may be plenty of people and organizations out there who are interested in helping your business grow.