Just because your company primarily hires educated, mid-level employees and places them on salary doesn't make you exempt from overtime requirements. If they don't have hiring and firing authority or the ability to dictate policy, they can be considered cogs in the modern workforce wheel - and therefore entitled to overtime. "It's duties that matter, not titles," says Jill Weinberg, who assists small businesses as the owner of Weinberg Law Firm in Plano, Texas. "You can call someone an assistant manager, but if he doesn't pass the monkey test - if he's following a checklist - he's not exempt." Last updated January 22 2008: 8:59 AM ET
| Why are more and more couples risking romance to launch a business together? How do the successful ones make it work? Five couples - and one ex-couple - share their stories and strategies. (more) The 150,000 nerds that swarmed to Vegas from around the world didn't witness the birth of the next iPhone or similar blockbuster. In the words of FSB tech columnist Jonathan Blum: "In 2008, the tech thing will be sort of like going to Costco: You'll have to be prepared to dig a bit to get the really good stuff." (more) Small businesses and artisans are creating some of the most alluring jewelry, housewares, edibles and other indulgences. Check out FSB's picks. (more) |
