Some Common Cents for August 19th, 2016

August 19, 2016, by John Norris

I have watched the Olympics with some regularity over the last two weeks, and will be sorry when they are over this weekend. It has been a nice break from what passes as prime time entertainment these days, even if NBC makes it a nightly habit of serving up heaping helpings of schmaltz. However, you can’t please everyone. One of the things that fascinates me is the individual economic impact of winning a medal. For...

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Column: Cost of blanket policies

August 16, 2016, by John Norris

I am on the board of directors of an organization that promotes adult literacy in the Birmingham area. We are blessed to have an energetic executive director and a wonderful staff. However, it is unfortunate we have to be in the business of educating adults, but that is a discussion for another time. At a recent board meeting, the director brought up the upcoming changes to the overtime rules, which will take effect in December....

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More overtime eligibility may not have desired effect

July 7, 2015, by John Norris

This week, the President announced new rules dramatically increasing the number of workers eligible for overtime pay. What impact will this have on workers and businesses? Under current law, employers do not have to pay overtime to salaried employees making in excess of $23,660 per year. The proposed new changes push that number up to $50,440. If the Administration's numbers are accurate, this could impact up to 5 million US workers. (Read the full article as...

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