TimeClock Plus Announces Investment from Providence Equity Partners

Posted by TimeClock Plus on Sep 4, 2019 12:46:41 PM

San Angelo, TX & Providence, RI – September 4, 2019 – TimeClock Plus (the “Company”), an industry-leading workforce management software provider, announced today a majority investment from funds advised by Providence Equity Partners (“Providence”), a premier private equity firm that specializes in the media, communications, education and information industries. TimeClock Plus Founder Jorge Ellis will remain a significant shareholder alongside Providence and will continue to serve on the Company’s Board of Directors. TimeClock Plus will maintain its corporate office in San Angelo, Texas upon closing of the transaction. Financial terms were not disclosed.
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Topics: Insider, News, Press Release

DoL Proposes More Changes to Regulations on Overtime Calculations

Posted by TimeClock Plus on Aug 26, 2019 11:56:34 AM

By: Lisa Nagele-Piazza, J.D., SHRM-SCP

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Topics: Insider, News, FLSA, Department of Labor, Labor Laws, human resources

DoL Submits Final Overtime Rule to Office of Management & Budget

Posted by TimeClock Plus on Aug 15, 2019 10:13:57 AM

The final ruling on the salary threshold for the white-collar exemptions to the Fair Labor Standards Act (FLSA) was submitted by the Department of Labor (DoL) on August 12, 2019. The Office of Information and Regulatory Affairs (OIRA) is required to review all drafts, final standards, as well as regulatory actions before the implementation of the ruling. This review will be the last step before the overtime ruling is release to the public. While OIRA has 90 days to conduct their review, they could come to a conclusion as quickly as 30 to 60 days. If this timeline plays out, it is likely that the public will hear of the final rule in the month of October or November.

While the ruling is up for review, the public is not allowed any specific information on any changes made to the proposed rule. However, interested stakeholders are allowed to file comments or request meetings with the administrator while the ruling is in review with the OIRA. For meeting requests, please use this link

As the ruling is undergoing review, we will continue to keep you updated on any further developments.

With any DoL rulings, TimeClock Plus is here to provide you with the tools and technology needed to pay your people accurately while maintaining FLSA compliance. Our flexible licensing model allows you to react and adjust to any changing legislation quickly. For more than 30 years, we have served one purpose - to protect our customers, our team, and all of those impacted by our business. If you believe the 2019 DoL proposal may impact your organization, contact one of our Solutions Consultants and see how we can help you.

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Topics: News, Department of Labor, Labor Laws

Job Satisfaction: It's Not About Pay and Benefits Anymore

Posted by Derek L McIntyre on Aug 1, 2019 5:13:58 PM

Gone are the days of workers toiling away for a check at the end of the week – just thankful to have a job. With the advent of the internet and broad, real-time access to social media networks and job boards, employers are no longer in the driver’s seat. Employees today expect fair pay for a fair day’s work along with a host of other requirements. 

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Topics: human resources, Job Satisfaction, Employee Moral, Employee Morale

What Can Employers Expect from the DOL After Leadership Changes?

Posted by TimeClock Plus on Jul 31, 2019 2:28:20 PM

Former Secretary of Labor Alexander Acosta resigned after facing scrutiny over his involvement in securing a plea deal for sex offender Jeffrey Epstein. Patrick Pizzella, the previous labor deputy secretary, became acting secretary on July 20, and President Donald Trump named management-side attorney Eugene Scalia as his pick to permanently fill the role. So what do all these changes mean for employers and Department of Labor (DOL) priorities?

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Topics: News, Compliance, Department of Labor, Time Clocks, Labor Laws

Absence and Leave Management Market Booming

Posted by TimeClock Plus on Jul 31, 2019 10:37:32 AM

 

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Topics: Market Report, Research, FMLA, Leave Management

Key Factors Driving Time Clock Software 

Posted by TimeClock Plus on Jul 8, 2019 3:01:03 PM
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Topics: News, Market Report, Research

Business News Daily Rates TimeClock Plus

Posted by TimeClock Plus on Jun 25, 2019 4:46:36 PM

After much research and analysis, we recommend TimeClock Plus as our 2019 pick for the "best time and attendance system for larger employers".

Larger employers have varying needs when it comes to time and attendance systems. One area this is particularly true in is how it is hosted. Since many larger companies have their own IT staff, having an on-premises system might be an option they might want to take advantage of. On the other hand, depending on the number of locations the enterprise has, a cloud-hosted time and attendance software might be a better fit. 

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Topics: Market Report, Research

Canada: Changes Begin to Alberta's Labor Laws

Posted by TimeClock Plus on Jun 19, 2019 3:00:39 PM

On May 27th, 2019, the newly-elected United Conservative Party (UCP) Government, introduced Bill 2 to the Provincial Legislature which proposed amendments to the labor and employment laws in Alberta.

If Bill 2 passes in it's current form, employers can expect the following changes to be made to the Employment Standards and Labor Relations Codes for Alberta.

Employment Standards Code changes, which will take effect on September 1st, 2019, include:

1. Provide employees and employers with the option to structure straight-time banked hours instead of mandating that each hour of overtime worked require 1.5 hours off with pay.
2. Repeal provisions regarding Flexible Averaging Agreements because the proposed alterations to overtime banking will negate these agreements.
3. Include qualifying periods for holiday pay mandating that the employee is eligible for holiday pay if the employee has worked for the same employer for 30 work days in the last 12 months before the general holiday.
4. Return the distinctions between regular and irregular workdays when determining entitlement to general holiday pay.

Labor Relations Code changes include:

1. Return to mandatory secret ballot processes for all union certification votes through the removal of the provisions regarding certification without a representation vote.
2. Reduce the timeline for unions to provide evidence of employee support for union certification.
3. Establish programs to support and assist employees in understanding and exercising their rights under various labor-related acts in relations to unions and employers.
4. Bolster the marshaling provisions to coordinate employment-related complaints when the complaints involve multiple forums.

Employment Standards Regulations amendment, which will take effect on June 26th, 2019, includes:

1. Reduced youth minimum wage rate from $15 an hour to $13 an hour.
2. The youth minimum wage applies to students under the age of 18 who attended school up to Grade 12, post-secondary, or vocational school. It will also apply to those who work less than 28 hours per week when school is in session. When school is not in session, the minimum wage for students will be $13 an hour, regardless of hours worked.

About TimeClock Plus

In time and attendance, accuracy is everything. Inaccurate payroll can result in lost trust with employees, problems with human resources, and even wage and labor penalties. TimeClock Plus provides you the tools and technology needed to pay your people accurately and on time while maintaining labor compliance. Our flexible licensing model allows you to adjust to your changing circumstances and to react to changing legislation quickly. For more than 30 years, we have served one purpose - to protect our customers, our team, and all of those impacted by our business. If you believe your organization may be affected by the Alberta labor law changes, contact one of our Solutions Consultants and see how we can help you.

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Topics: Compliance, Labor Laws

Colorado Enacts New Wage Theft Statute

Posted by TimeClock Plus on Jun 7, 2019 4:42:47 PM

Friday, May 17th, 2019

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Topics: FLSA, Department of Labor, Labor Laws