Archive for July 13, 2016

*As of January 1, 2020, the FLSA has been updated to increase the minimum salary level for exempt executive, administrative, and professional employees from $455 a week ($23,660 annualized) to $684 per week ($35,568 annualized). Additionally, the total annual compensation required to meet the test for a highly compensated employee, who is exempt from overtime requirements largely on the basis of total compensation paid, has increased from $100,000 to $107,432.*

From DUMBO and Atlantic Avenue’s boutiques to Downtown Brooklyn’s new retail

We are living in an age of unprecedented levels of employment among working families.  In 2015, just 6.9 percent of families in the United States included an unemployed person, down from 8.0 percent in 2014.  In fact, a whopping 80.3% of families in the United States comprised of at least one employed member in 2015.

But more employment for working family members in New York has not necessarily translated into more opportunity and well-being for those employed, particularly for those working