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Tag Archives: employment

Summer jobs don’t pay

A recent article on NPR compares the earning power of a summer job in 1982 versus 2017, and for many reasons it should concern the boating industry. In short, the article shows that an average college student receiving no help from parents needed to work either nine hours a day, seven days a week for three straight months or 16 ...

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MRAA releases 2017 compensation study results

The Marine Retailers Association of the Americas announced that it has released its 2017 MRAA Compensation Study results, which detail the compensation ranges for 35 common job descriptions in the retail sector of the marine industry. More than 2,600 position-level responses were collected from a total of 292 retail locations for this in-depth report, which was created in response to ...

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Find your next employee on Facebook

Starting last week, Facebook users in the U.S. and Canada can search and apply for jobs directly from the social site. This follows recent research from ADP that showed 14.4 million Americans used social media to find employment (present company included). The ADP survey also showed 73 percent of companies had successfully hired employees using social media. Businesses can now ...

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Department of Labor publishes final rule on overtime pay

On May 18, President Barack Obama and Labor Secretary Tom Perez announced the publication of the Department of Labor’s final rule updating the overtime regulations. The final rule focuses primarily on updating the salary and compensation levels needed for executive, administrative and professional workers to be exempt. Specifically, the final rule: Sets the standard salary level at the 40th percentile ...

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RIMTA accepting applications for expanded marine trades summer training programs

The Rhode Island Marine Trades Association (RIMTA) has expanded its summer training programs to give adults, college-age students and local youth the skills and knowledge they need to begin career paths in the marine trades and composites industries. Both industries have a high concentration of activity in Rhode Island, and the state is known worldwide for its boatbuilding and composites ...

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New FLSA rule could impact overtime for exempt employees

If you have salaried employees who regularly work overtime, a new rule coming will affect your business directly. The Labor Department is moving to release its final rule to change the salary-base threshold amounts for exempting workers from overtime pay. After the final Fair Labor Standards Act coverage rule is published, employers will have 60 days to comply. The Office ...

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When employees become friends

A recent commentary column from Tom Gimbel, CEO of the LaSalle Network, caught my eye, as the conflict he addressed seemed one that I thought many marine businesses may be facing. In the column, Gimbel discusses the mistake of holding onto an employee longer than he should have, but with the added complication that this employee had become something of a ...

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National Manufacturing Day inspires the manufacturers of tomorrow

The marine industry will see a large number of its manufacturing professionals retire in the next 10 years, and it is imperative that the industry does whatever it can to ensure it has an employable manufacturing workforce. The issue is not unique to boating; indeed, as the country continues to emphasize bringing manufacturing back to the U.S., many industries are ...

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Economic Snapshot: Pending home sales reach eight-year high

Photo credit to Dan Moyle

We have plenty of great economic news to share ahead of the July 4th weekend, including record numbers in pending home sales, a return to 2014 numbers for the ADP employment report and declines in unemployment. Pending home sales  Pending home sales rose 0.9 percent to 112.6 in May, an increase from the slight downward revision of 111.6 in April. Pending home ...

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