New Federal Minimum Wage Applies to Contracts Entered After 1/1/15 -
In the rush of kicking off 2015, don't forget that there is a higher federal minimum wage. Effective January 15, 2015, for all federal contracts (but...more
On October 1, 2014, the Department of Labor (DOL) issued its "Final Rule" on enforcement of Executive Order No.13658: Minimum Wage for Contractors, which was signed by President Obama on February 12, 2014.The Executive Order...more
The Missouri legislature has passed a bill, S.B.529, to modify the Public Prompt Pay Act, which will become law effective August 28, 2014 (unless vetoed by Governor Nixon prior to July 14, 2014).
One of the law's main...more
Invoice “factoring” is a financing arrangement in which a subcontractor sells outstanding invoices to a factoring company. Here’s how it works. ...more