Effective July 1st, salary limits for exemption from overtime will increase as step one of a two-step transition. This means significant change for many employers. The Fair Labor Standards Act (FLSA) provides certain exemptions from minimum wage and overtime payment provisions, namely employees in executive, administrative, professional, and some outside sales and computer-related occupations. So, what changed? To qualify for […]
The world of the General Services Administration (GSA) Multiple Award Schedule (MAS) contracts is an exciting venture for businesses aiming to tap into the realm of government contracting. GSA Schedules offer a gateway to lucrative government contracts, with federal, state, and local government buyers investing over $45 billion annually through this contracting vehicle to access […]
You’re a senior leader of a burgeoning business that is growing faster than the team is able to keep up with. You’re making decisions quickly, but you’re afraid you might be missing something. You’re not alone. One 2023 global study discovered that 74% of leaders are making 10-fold the number of decisions than they did […]
Much has been written about the dos and do nots of attending conferences. But little has been geared towards the user experience. I wrote this while on a plane heading to my first major conference of the season and reflected on some thoughts about what makes it work and what doesn’t. Accessibility. I want access […]
Washington Business Journal recently wrote an article about how the progress of women on corporate boards has now hit a wall. After a few years of progress, the past 1-2 years have slowed down dramatically. The article quotes the nonprofit 50/50 Women on Boards as saying that we were on track for gender parity […]
It’s the season of love, or so we’ve been programmed to believe by the corporate folks over at Hallmark. But we embrace the season…because having Feb be only about Groundhog Day just isn’t doing it for us. As we reflect on love, the question is what do we love about GovCon? There are a million […]
Getting Ready for January 1st The end of the year is filled with holidays, gifts, and parties. If you are a GovCon small business owner it’s also filled with wrapping up the current year’s finances and getting ready for next year. The importance of closing, rolling forward, and opening fiscal years can suck all the […]
Is Your Benefits Package Competitive? Your GovCon organization might be a spectacular place to work. The company culture may be the most fantastic company culture of all time, providing nonstop fulfillment and happiness to all your employees. That’s great, but if you aren’t backing it up with a competitive benefits package, you’re still going to […]
Bonuses are an important part of employee compensation. If you are currently offering bonuses, or are thinking about offering them, this article is for you! Bonuses offer additional compensation, above and beyond an employee’s regular salary or wages. They are typically given to recognize and incentivize employee performance, contribution, or commitment to the company. Some […]
Audit – noun; An official inspection or examination of an organization’s or individual’s accounts or financial situation, typically by an independent body Audit – verb; To conduct an official examination of an individual’s or an organization’s accounts Whether you are looking up the noun or the verb, the word “Audit” heightens anxiety levels in even […]
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