In uncertain times, the capability of a bank to successfully navigate uncharted waters depends greatly on the abilities of their leaders and managers. This is particularly true of small organizations. One of the top reasons new managers fail is the lack of preparation for their roles. According to research by Corporate Executive Board, only 10% […]
Federal law imposes the following jury duty leave requirements on all employers: Employers are prohibited from discharging, threatening to discharge, intimidating, or coercing any permanent employee because of the employee’s jury service in a federal court. Under the Fair Labor Standards Act (FLSA), employers cannot make deductions for absence of an exempt employee due to
Jury Duty Leave Requirements Read More »
Question: Have the contribution limits of HSA increased for 2020? Answer:
Have the contribution limits of HSA increased for 2020? Read More »
Q: How can I detect and avoid a gender pay gap in my business? A: Nationwide women are paid approximately 80% of what men are paid; 78% in Missouri. Employers can take steps to avoid perpetuating this gap. First, establish a compensation structure including salary ranges for positions; remove inquiries about prior salary from your
How can I detect and avoid a gender pay gap in my business? Read More »
Performance Management is an important part of a company’s quality assurance and employee engagement strategies. Many companies formally evaluate an employee’s performance and progress after an initial introductory period and then again on an annual or semi-annual basis. Although performance evaluations can improve productivity and employee morale, many employers do not make them a high
Performance Reviews: Best Practices Read More »
You may recall the U.S. Department of Labor proposed changes to the white-collar exemption rule in 2015 that had employers scrambling to implement the proposed increase to the minimum salary requirement for exempt workers. That proposal was blocked by a federal court in Texas in late 2016. However, there were benefits from that exercise. Many
Exemption Rule Changes: Here We Go Again! Read More »
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