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By Paul Zukowski
It has been decades in the making and may affect up to 5 million workers across the U.S. "It" is the proposed rule change on who is eligible for overtime pay, due to be issued in June by the Department of Labor. The new rule is expected to raise the salary exemption from $23,660 per year to $50,440 per year. If you haven't figured out how your business will be affected, time is running out. You can start planning now for the new overtime rules.
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Business.com
Much has been made of the invasive nature of employers in this day and age. They have comprehensive social media policies that apply even to personal accounts.
It may seem as if they are unnecessarily snooping around your personal life, but it's all due to good reason. It's part of how companies sell their services.
The reality is that customers are interested in the people working for you. Like it or not, if they find anything that's inconsistent with your brand they are going to use it to influence their purchasing decisions.
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NAHBNow
Whole house remodels and additions are regaining market share, according to a new survey of remodelers released today to kick off May's National Home Remodeling Month. Released by NAHB Remodelers, the survey revealed the most common projects in 2016 compared to results of previous surveys.
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For Construction Pros
The total value of U.S. construction put in place rose 0.3 percent in March to a seasonally adjusted annual rate of $1,137.5 billion, from an upwardly revised estimate of $1,133.6 billion in February. Overall construction spending rose 8 percent relative to a year earlier on the back of strong readings in private construction spending and public nonresidential.
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By Michael J. Berens
Hopes that momentum from last fall's burst of building activity would carry forward into 2016 have faded following a lackluster first quarter. Figures from March reveal an industry holding steady in the face of economic uncertainty and weak consumer confidence, neither advancing nor receding substantially. Nonetheless, builders and industry experts remain fairly optimistic that better days lie ahead. Some sectors fared better than others, but construction activity in March remained tepid.
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Construction Dive
The residential construction industry's recovery has moved along a slow and steady path as the housing market struggled to find its footing after the crash eight years ago. Despite the lack of surging growth in homebuilding, economists are optimistic about the industry's future — especially now that the market has been able to move past the boom and bust ramifications. In fact, during a webinar Wednesday, Len Kiefer, deputy chief economist at Freddie Mac, said he expects 2016 to be housing's "best year in a decade."
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Entrepreneur
Small business marketing is tough — especially on a shoestring budget — so developing a community outreach program is an excellent way to gain local traction and up visibility without a huge investment. Here are three low-cost community outreach strategies that add real value to your marketing campaign and give you more bang for your buck.
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