Starting a few days ago, new overtime pay rules went into effect.
On January 1, a new federal Labor Department rule requires employers to pay workers one-and-a-half times their hourly rate when they work more than 40 hours per week for those earning less than $35,568 per year. This is an increase from the previous threshold of $23,660.
Employers can apply contractual bonuses and commission payments to as much as 10 percent of the exempt threshold.
Another year come and gone. In its roles as a catalyst, convener, and champion, the Chamber had a positive and proactive impact on the prosperity and livability of the Northern Colorado region. Following are a few highlights.
Champion for stronger communities
North I-25 is getting widened. In recent years, I-25 has been a perennial on our end-of-the-year list. In the recent past, it has mostly been about the funding secured for North I-25. And that is impres...
What do you think when you hear the word ‘business?’ Since most people reading this are members of the Chamber and are businesspeople, it’s probably something positive.
A longstanding concern, however, is: What is the public’s perception of business? In a community like Fort Collins with large public institutions it might be easy to overlook the impact of business and businesspeople on the community’s livability.
In August, the Chamber commissioned intercept polls at NewWestFest....
I love history. It entertains, it amazes, and, most of all, it informs. Regarding the latter point, as George Santayana said ‘Those who cannot remember the past are condemned to repeat it.’ (As a total aside, that’s why the current fascination with socialism is astonishing. How quickly we seem to have forgotten the lessons of the not-so-distant past.)
Sometimes, however, something is less historic than it is just plan old. So it is with the so-called ‘historic’ silos on Woodward’s...