Final Overtime Rule
Final Overtime Rule Standard salary levels will increase from $455 per week to $684 per week (equivalent to $35,568 per year for a full time worker). The new ruling allows employers to count a portion of certain bonuses/commissions towards meeting the salary level. Last updated in 2004, the Department of Labor started to make changes to this policy in 2016. The courts struck down those changes for a variety of reasons. Your chamber was one of many business organization that provided feedback to the DOL
News Release: 1/14/2020
31-Year Industry Professional Alex Mendes Joins SPIRE as Chief Financial & Technology OfficerFalcon Heights, MN Alex Mendes recently joined SPIRE Credit Union as its new Senior Vice President, Chief Financial and Technology Officer (CFO). He comes with 31 years of experience, most recently as CFO with $1.4 billion Inspirus Credit Union. Alex started his career with some of the largest and most prestigious global financial institutions in New York City, NY and has ascended into various roles
SPIRE Receives State Accolades with Two Marketing Awards
FOR IMMEDIATE RELEASE Contact: Bridget Petersen January 8, 2020 Market VP of Community Outreach, SPIRE CU 651.641.2256 / 888.34.SPIRE
IRS issues standard mileage rates for 2020
IR-2019-215, December 31, 2019 WASHINGTON — The Internal Revenue Service today issued the 2020 optional standard mileage rates (PDF) used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on January 1, 2020, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:57.5 cents per mile driven for business use, down one half of a cent from the rate for 2019,17 cents per mile driven for medical or
Hoggarth, Nelson and Weber Join Initiative Foundation Board of Trustees
Contact: Bob McClintick(320) 631-2008 or bmmclintick@ifound.org Hoggarth, Nelson, Weber Join Foundation's Board of TrusteesJanuary 2020LITTLE FALLS, MINN.--Matt Varilek, president of the Initiative Foundation, has announced that Teri Hoggarth, Edward Jones financial advisor, and Tim Nelson, chief deputy Isanti County attorney, have been appointed to the Foundation's Board of Trustees. Dan Weber, assistant Sherburne County administrator, will join the Board of Trustees on July 1, 2020. “We are thrilled to
Tri Wellness at Work
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