We would like to thank all those who have read our newsletter over the last several years. Below are the most-read articles of 2023.
New Help Feature Available with Attendance on Demand
Attendance on Demand (AOD) announced the launch of a new help feature that provides users with on-demand access to the Learning Center.
The Learning Center contains various articles and FAQs covering multiple topics, such as how to edit a time card, create employee schedules, and use Employee Self Service through a desktop or phone. The video tutorials provide step-by-step instructions on using AOD’s different features.
How Bonuses Can Affect Blended Overtime
As companies end the year, they often want to reward their employees with a bonus for a job well done. However, bonuses may have unintended consequences by changing their Regular Rate of Pay, thus changing their Overtime rate to a Blended Overtime rate. Because the Regular Rate of Pay is based on total pay in the workweek, including bonuses and commissions, the rate may differ from the employee’s hourly rate.
How 18 Minutes Can Change Everything
We all know people who are masters in their field: Michel Jordon in basketball, Wayne Gretzky in hockey, Yo-Yo Ma playing the cello, Warren Buffett in investing, and Jane Goodall with chimpanzee research, to name a few. These people have spent thousands of hours researching and practicing to attain mastery. Most people do not need mastery status. They only need to be proficient, which can be obtained in 18 minutes daily.
If a person believes it takes 10,000 hours to see results, they are far less likely to start in the first place. For most people, it only takes 1% of that effort to be competent in a new skill or 100 hours. If a person spends 100 hours a year in any discipline, they will be better than 95% of the world in that field.
Study Shows 4-Day Workweek Benefits Companies And Workers – Part 3
Recently, 4 Day Week Global, organized by researchers at Cambridge University, Oxford University, and Boston College, released a report detailing the full findings of the world’s largest 4-day workweek trial. The trial involved 61 companies and approximately 2,900 workers in the UK from June to December 2022.
The study examines the effects of transitioning from a 40-hour to a 32-hour workweek. This document is the third article of a three-part series. Part 1 – History can be viewed here. Part 2 – Preparation can be seen here. Part 3 looks at the values of having a 4-day workweek for the company and employees.
Plan Now For New Exempt Salary Threshold Starting In 2024
On August 30, 2023, the U.S. Department of Labor (DOL) unveiled a proposed overtime rule that would raise the Exempt Salary Threshold under the Federal Labor Standards Act (FLSA) from $684 to $1,059 weekly, which equates to $55,068 annually. The proposal would also increase the annual salary threshold for highly compensated employees from $107,432 to $143,988 annually. The rule would extend overtime protections to an estimated 3.6 million salaried workers if implemented.
Unico Properties Expands Parking Systems at 1200 Fifth and Financial Center in Seattle
The 1200 5th Building is a 20-story, 234,000+ square foot building in the Metropolitan Tract of downtown Seattle. The building was designed by Minoru Yamasaki, who also was the architect of the Rainier Tower on the corner diagonally opposite the building. The structural design served as the prototype for Yamasaki’s project of the World Trade Center in New York City. This building is on the former site of the Seattle Ice Arena, home of the 1917 Seattle Metropolitans Stanley Cup Champions.
Financial Center is a 28-story, 300,000+ square foot building completed in 1972 and later renovated in 2001. The Great Northern Railroad had a tunnel that ran under the property’s southwest corner and still runs today. Two caissons, the largest in the world at the time, were required to support the building.
