New OT Rules Force Small Businesses to Make Hard Choices

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Engage PEO can help employers with new OT Rules
In the News

New OT Rules Force Small Businesses to Make Hard Choices

Engage PEO's President, Midge Seltzer, speaks to the Associated Press on the impact of the DOL's new rules on overtime pay for white collar workers.

Money isn't the only issue. Managers used to staying at work until a task is done may feel demoralized when forced to leave work unfinished, says Midge Seltzer, president of Engage PEO, a human resources provider based in Hollywood, Florida.

"Most of the workplace consists of conscientious employees. It's going to be difficult for them to just throw their hands up and say, 'I'm done,'" she says.

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Good News For PEO Clients Eligible for the 20% Pass-Through Deduction

The Treasury Department and IRS issued formal guidance today clarifying that being a client of a PEO does not affect the eligibility of pass-through entities for the 20 percent tax deduction in Section 199A of the tax code.

The tax reform bill passed at the end of 2017 created Section 199A—allowing taxpayers to deduct the "combined qualified business income amount" from a pass-through entity in an amount up to 20 percent of the taxpayer’s taxable income.

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Need a loan? Advice? Many business owners give staffers help

Engage CEO, Jay Starkman, quoted by the Associated Press in an article about how many small business owners willingly provide some support to employees in need.

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