Business

Outsourcing: Eight Steps to Help Mitigate Risks

Outsourcing: Eight Steps to Help Mitigate Risks
In today’s business world, many companies outsource some tasks, often sending the jobs abroad. Outsourcing can save money, and in some cases even save some companies from going out of business. But whether you outsource outside the country or up the street, there can be risks. This article looks at some of the potential problems and offers eight ways to help mitigate the risks.

Congress Passes $900 Billion COVID Relief Bill

The U.S. Senate and House of Representatives overwhelmingly passed a $900 billion COVID-19 relief bill Monday night. Key provisions in the bill include: Payments of $600 for individuals making up to $75,000 per year and $1,200 for married couples making up to $150,000 per year,…

New York State Increases Exempt Salary Levels & Minimum Wage for 2020

Beginning December 31, 2019, the required minimum salary levels for executive and administrative employees to qualify as overtime-exempt in New York State will increase (New York does not have a minimum salary level for professional employees although most of these employees would still be subject…