FORMER AD AGENCY EXECUTIVE LEADS THE TEAM ‘COMPANIES’ CHICAGO OFFICE

FORMER AD AGENCY EXECUTIVE LEADS THE TEAM ‘COMPANIES’ CHICAGO OFFICE

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8-01-16 — After three decades in business affairs including the last eleven years as Partner, Director of Production Business Management at Ogilvy Chicago, Marie Goss has joined The TEAM Companies and will oversee the talent payroll and business affairs groups in the company’s Chicago office. Marie developed her expertise and sought-after professional insight working with such clients...
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NEW SALARY THRESHOLD FOR EXEMPT EMPLOYEES BLOCKED

NEW SALARY THRESHOLD FOR EXEMPT EMPLOYEES BLOCKED

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11-29-16 — In an unexpected ruling, a Federal Judge in Texas has blocked new FLSA Rules that were to take effect on December 1, 2016 that would have increased the minimum salary for employees to qualify as Exempt and would have extended overtime pay requirements to an estimated 4 million workers in the U.S. Background – New FLSA Exempt Status Rules In July of 2016, new rules for Exempt Status under the Fair Labor Standards Act (the “FLSA”) were published by the U.S. Department of Labor (DOL) based on a review process that began in 2014. Among other changes, the new rules increased the minimum salary threshold for an Executive, Administrative, or Professional employee to be considered Exempt from overtime requirements. The threshold increase from $455 to $917 per week…
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